Still a Buyer's Market in Saugatuck, Mi

This market study for this year since January 1 versus last year from January 1 to July 23, 2009 indicates that it is probably the best time to get a home in Saugatuck Township for quite a while. The number of sales have decreased from last year as has the average price and median price of homes.

This year 35 single family homes sold in Saugatuck, Douglas, and Saugatuck Township. Last year to July 23rd, 43 single family homes sold.

Total dollar spend last year were $13,400,000 versus $8,400,000 this year. Average price last year was $311,000 and this year $240,000. Medium price last year was $280,000 versus $219,000 this year.

Last year three of the sales were lake front homes over $1M while this year only one has been. Currently there are 22 Lake Michigan properties available in Saugatuck and Ganges Townships starting below $1M and ranging up to almost $2M.

If you have always wanted a home in Saugatuck or on Lake Michigan, now is the time. There are quite a few great properties available at prices that have not inflated in the last two years. In addition, there is a smattering of short sale properties and foreclosures that come on the market now and again.

Just call Dee Dee at 616-836-8535 or e-mail me at deehans@ameritech.net. Then I can send you all the homes that meet your criteria and put you on automatic for any new homes that come on line. The great bargains don't last long so let's get together so you can learn the market and be ready when your special property becomes available. Take advantage of this great market. You won't be sorry you did!

See you soon!