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Shelby Township MI homes sold prices in 2010 – Macomb County MI real estate market update

January 13th, 2011 · 1 Comment · Macomb County MI real estate market report, Real estate market reports - Macomb County, shelby township mi

Continuing on with my beginning of the new years real estate market reports for Macomb County, this morning I am concentrating on Shelby Township:

As I researched Shelby Township this morning I was pleasantly surprised that what I saw in black and white was actually what I thought I had been seeing as I was taking buyers out last year:  An increase in the numbers of homes sold in Shelby Twp as well as the shorter days on the market.  The sold prices seem to be stabilizing a bit also, as the price decline that we have been seeing for years was minimal this year (in comparison to the double digits per year we were seeing!)

Macomb County MI homes sold in 2010 48317 48315 48316
Shelby Township saw 62 more homes sell in 2010 as well as 23 less days on the market for the homes to sell.  The decline in “sold” pricing was around 2%, which is wonderful to finally see. (No double digit price drops in 2010)  Hopefully 2011 will be the year that we see home prices stabilize and begin to climb back upwards and not lose any more value!

Have any questions about the real estate market in your area? Feel free to contact me – no pressure, just conversation.

~Kris Wales~  A partner for your real estate needs in Macomb County MI
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1 response so far ↓

  • 1 Paul // Jan 17, 2011 at 7:12 am

    Kris can you do the same for condos please? Shelby TWP. I have a condo and want to sell but don’t want to take a loss. Thx.

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