About Lapeer's City Of Lapeer

Sometimes I come across a buyer who wants to live in Oxford or Lake Orion, but what they want in a home really isn't in their budget. I usually follow up with a question along the lines of: "Is Lapeer too far of a drive?"

Often time the response is along the lines of "What is there to do in Lapeer?"

This post is one in a series covering the numerous amenities both the City and County of Lapeer have to offer.

Smack dab in the City of Lapeer (just outside of the "downtown" area) we proudly boast the City of Lapeer Community Center, a 50,000 square foot community center that offers a plethora of activities including both youth and senior activities.

The Lapeer Community Center features a state of the art swimming pool, indoor track, a gym for basketball and volleyball, a weight fitness area, two official size racquetball courts and several multi-purpose rooms.

Children can begin swimming lessons as young as 6 months old and tumbling and gym activities for children as young as 12 months.

For adults there are a variety of group fitness programs as well as basketball and volleyball leagues.

Therapeutic message, cholesterol screenings, bone density checks and flu shots are all offered.

For a much more complete list of the offerings of the Lapeer Community Center you need to go to their web site which also gives you a list of fees (very reasonable fees).

For more information about purchasing a home or vacant land please don't hesitate to contact me.

Jackie Hawley
Keller Williams Realty
cell: 248-736-6407
email: Jackie@JackieHawley.com

Metamora-Hadley Recreation Area

Lapeer County Homes for Sale

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The City of Lapeer, Lapeer County, Michigan 48446
real estate market today 11/04/2010

5 solds this week:
* 2292 S. Lapeer Rd, $1,250 (lease)
* 733 Beach St, $27,000 (bank)
* 1046 Adams St, $10,000 (private)
* 1099 N. Saginaw St, $67,357 (bank)
* 353 Courtneys Pl, $125,000 (short sale)

7 new listings reported:
* 548 Railroad St, $33,000 (bank)
* 623 Jefferson St, $39,900 (bank)
* 532 Fox St, 59,900 (not listed)
* 2450 W. Genesee St, $65,000 (private)
* 79 Rosemary St, $119,000 (private)
* 626 Eastway Cir, $119,000 (private)
* 616 Eastway Cir, $149,500 (private)

Market statistics for Lapeer:
* The median single family home price is $125,208.00 / down 3%
* Market action index is at 15.35, making Lapeer a buyer's market
* The average property in Lapeer as of 10/31/10 has been on the market for about 208 days / up 1%
* The median price per square foot for homes is about $81.00
* About 261 properties on the market / down 2%
** Lapeer is still in a buyer's market, average home prices are down 3% and days on the market are
longer. With available inventory declining, if this trend continues, home prices will start to increase and
days on market decrease.

If living in town appeals to you, let's talk about how to make that dream a reality in the City of Lapeer. To find out the value of your home or property, questions about real estate or mortgages, contact me direct at 800-628-7356 x 8065 or dhorne@cbshooltz.net TODAY!
references: altosresearch.com, bing.com

The City of Lapeer, Lapeer County, Michigan 48446
Real Estate Market Today 10/18/2010
listings, sales, statistics

Market Statistics For Lapeer:
* Median single family home price is $128,181 - down 1%
* With a market action index at 14.72, currently a buyer's market
* Average property has been on the market for about 206 days -
up 2%
* Median price per square foot is about $82 - (see chart)
* There are about 266 properties on the market - down 1%

6 New Listings:
* 1431 Indian Rd, $550 (lease)
* 593 Rolling Hills Ln, $900 (lease)
* 919 Baldwin Rd, $39,000 (bank)
* 245 S. Saginaw St, $52,920 (bank)
* 1440 Sherman Ct, $79,900 (unknown)
* 5177 Winchester Pass, $87,500 (short)

5 Solds Reported This Week:
* 834 St. Clair Rd, $28,700 (bank)
* 1226 Pine St, $21,500 (government)
* 520 Jefferson St, $55,000 (private)
* 3455 Farnsworth Rd, $86,000 (bank)
* 432 Mansfield Dr, $159,000 (private)

Price per Square Foot is a measure of value. Think of this stat as answering the question - "How much house am I getting for my money?"
This is particularly important if you are analyzing a market with a diverse mix of homes. For example, one 3-bedroom home (or Condo...) could be 1800 square feet and another in the same neighborhood could be 2200 square feet. If they are both listed at the same price, you'd be able to "get more house" by purchasing the 2200-square foot home (all other factors equal such as condition, lot size, highway access, school district, and all the other stuff that affects home prices...).
When examining the Price per Square Foot stat in a market area - a city or zip code - it's very helpful to know "how much house you're getting for your dollar." That's why we calculate Price per Square foot.

If living in town appeals to you, let's talk about how to make that dream a reality in the City of Lapeer.

To find out the value of your home or property, questions about real estate or mortgages, contact me direct at 800-628-7356 x 8065 or dhorne@cbshooltz.net TODAY!
references: altosresearch.com, bing

The City of Lapeer Michigan 48446
10/01/2010

6 solds reported this week:
* 541 Jefferson St, $29,450 (bank)
* 525 Adams St, $33,250 (bank)
* 1127 State St, $37,200 (bank)
* 792 Peppermill Cir, $83,000 (private)
* 137 Millville Rd, $93,000 (private)
* 2644 Bedford St, $150,000 (bank)

8 new listings this week:
* 1072 3rd. St, $850 (lease)
* 733 Beach St, $24,000 (bank)
* 1128 N. Madison St, $54,900 (private)
* 1245 1st. St, $59,900 (short sale)
* 706 N. Main St, $69,000 (bank)
* 48 Hartley St, $74,900 (private)
* 2207 Baldwin Rd, $135,900 (private)
* 313 Courtneys Pl, $149,900 (private)

Lapeer real estate market statistics:
* The median single family home price for Lapeer is $129,138 / down .4% (see chart)
* Market action index is at 14.86, currently a buyer's market
* The average property as of 09/26/2010 has been on the market for about 202 days / up .5%
* The median price per square foot for homes is about $82
* About 269 properties are on the market in Lapeer / down .4%

Median Price is often a very good proxy for indicating real-time market activity because sellers in a market, with the help of their local real estate agent, will price their home according to other similar homes in that market. While this isn't a perfect science, most agents and sellers tend to price their homes in close to the price where it will eventually sell. As the median price changes, this can indicate a couple of key market movements.

If living in town appeals to you, let's talk about how to make that dream a reality in the City of Lapeer, a close knit community where people know each other. To find out the value of your home or property, questions about real estate or mortgages, contact me direct at 800-628-7356 x 8065 or dhorne@cbshooltz.net TODAY!
references: altosresearch.com, bing

The City of Lapeer, Lapeer County, Michigan 48446
as of 09/15/2010

Lapeer real estate market statistics:
* Single family home price as of 09/12/2010 is $129,585 down 1%
* With a market action index of 14.55, Lapeer is currently a buyer's market
* Average property has been on the market for about 201 days,
* Price per square foot is about $83 (see chart)
* There are about 270 properties on the market, up 1%

8 new listings reported this week:
* 834 N. Washington St, $25,000 (government)
* 792 Peppermill Cir, $84,900 (private)
* 2139 Carriage Hill Cir, $99,900 (private)
* 2143 Carriage Hill Cir, $99,900 (private)
* 312 Courtneys Place Est, $104,900 (bank)
* 414 Wildflower Ln, $185,000 (private)
* 310 Golfside Dr, $199,000 (private)
* 1436 Luxington Dr, $199,000 (private)

2 new solds:
* 36 S. Elm St, $43,000 (private) 15 days
* 1407 Sherman Ct, $51,000 (bank) 169 days

"This is particularly important if you are analyzing a market with a diverse mix of homes. For example, one 3-bedroom home (or Condo...) could be 1800 square feet and another in the same neighborhood could be 2200 square feet. If they are both listed at the same price, you'd be able to "get more house" by purchasing the 2200-square foot home (all other factors equal such as condition, lot size, highway access, school district, and all the other stuff that affects home prices...)."

If living in town appeals to you, let's talk about how to make that dream a reality in the City of Lapeer, a close knit community where people know each other. To find out the value of your home or property, questions about real estate or mortgages, contact me direct at 800-628-7356 x 8065 or dhorne@cbshooltz.net TODAY.
references: altosresearch.com, bing, en.fotolia.com