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Macomb County MI real estate blog

Macomb County MI real estate market snapshot for September

October 5th, 2009 · No Comments · Macomb County MI real estate market report, tips for home sellers

Our Macomb County MI area has been in the midst of this real estate
downturn for several years now, and I thought it would be interesting
to see how this past September home sales compared to the previous
Septembers (2007 and 2008).

While we aren’t seeing home prices stabilizing as of yet, we are
seeing fewer homes come on the market.  We’re also seeing more homes being
sold this year than in years past. That should help us in the near future with
the supply & demand issue that has been so heavily tilted to the “supply” side
of the market.

Macomb County MI September
2007
September
2008
September
2009
Homes
listed
2020 1948 1475
Homes
sold
525 797
840
Avg.
sales price
139795 115136 89751

It’s interesting to note that while fewer homes are coming on the market this
year (less foreclosures and bank owned homes) there is more competition for
the homes.

The increase in the homes sold when comparing September 2007 to this
past September is 60%.

If  you would like specific information regarding your Macomb
County homes value
please don’t hesitate to contact me.

No pressure – just conversation.

All data courtesy of Mirealsource™ and its participating real estate brokers and agents
and is deemed to be reliable but not guaranteed.

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.