About Oxford's Oxford Village

Oxford, Oakland County, Michigan 48371
statistics, real estate trends, reports
01/28/2011

Buyers:
* as of 01/23/11 there is about 176 total
properties on the market,
which is down 2% from 01/16/11
* the average property has been on the
market for about 201 days, that's up 1%
from last week

Sellers:
* sold properties this week is 18, with an
average sell price of $113,016, down
29%
* the median list price for a single family home is $213,962, which is down 1% from 01/16/11
* price per square foot for homes in Oxford is about $95, that's no change from last week

With interest rates still low and a market index at 17.31, Oxford is currently a buyers market. Even mixed news is good for home sellers, be cautiously optimistic, with the right price, selling your home at a fair price is a realistic expectation.

If living in a small town appeals to you, let's talk about how to make that dream a reality in the Village of Oxford. To find out the value of your home, property or business, questions about real estate or mortgages, contact me direct at 248-969-8065 or dhorne@cbshooltz.net TODAY!

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The Village of Oxford, Oakland County, Michigan 48371
Market reports, Statistics, Real estate trends
11/08/2010

Village of Oxford real estate market today:
* Median single family home price is $217,115 - down 1%
* Market action index is at 15.62, currently a buyer's market
* Average property in Oxford has been on the market for about
191 days - down 1%
* The median price per square foot for homes is about $99 -
down 1%
* About 203 properties are on the market as of 11/07/2010 -
down 2%

New listings this week:
* 142 S. Washington St, $850 (lease)
* 69 Pleasant St, $39,000 (government)
* 280 S. Washington St, $600,000 (commercial)
* 450 S. Glaspie St, $720,000 (commercial)

Reported solds:
* 10 Lincoln St, $64,133 (Government)
* 115 Dennison St, $76,000 (bank)
* 480 Lakes Edge Dr, $135,000 (short sale)
* 730 Lakes Edge Dr, $177,000 (bank)
* 803 Bay Pointe Dr, $225,000 (short sale)

While the home prices are down, average days on market are also down, which means homes are selling faster and less homes to choose from (available properties down 2%).

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

Oxford Michigan ranked among best to do business.

Officials are always saying that the Village of Oxford is a great place in which to do business. Well, now they have a university study to back up their boast.

On Tuesday, the village was recognized as one of the top 55 communities in the entire state, according to the 2010 eCities project. Oxford was 1 of 28 communities given a 5 star rating. The remaining 27 municipalities achieved 4 star ratings.

eCities is an annual study that examines community factors that influence entrepreneurship, economic development and job growth in cities, townships and villages. Conducted by iLabs, which is the University of Michigan-Dearborn's Center for Innovation Research, the study's primary purpose is to understand and share the best practices for entrepreneurial growth.

As a 5 star community, Oxford shared the spotlight with Ann Arbor, Troy, Northville, Novi, Royal Oak, Southfield and Frankenmuth to name a few.
references: oxford leader, cj carnacchio

The Village of Oxford, Oakland County, Michigan 48371
Real estate trends, Market reports, Statistics
10/23/2010

Oxford was originally named after its Township which was given its name by Otis C. Thompson. Located along M-24, in northern Oakland County, Oxford has a population near 3,000. Once known as the "Gravel Pit Capital of The World", now most of the pits have turned into lakes and provide many recreational activities.

4 solds reported this week:
* 22 Davison St, $19,000 (government)
* 67 E. Burdick St, $33,000 (bank)
* 408 Sunset Blvd, $175,000 (short sale)
* 33 Spring Lake Dr, $210,000 (private)

New listings this week:
* 736 Woodleigh Way, $1,300 (lease)
* 963 Leighton Ln, $129,000 (bank)
* 403 Sunset Blvd, $225,000 (short sale)
* 622 Bay Pointe Dr, $399,900 (private)

Village of Oxford real estate market today:
* The median single family home price is $219,098-down 1%
* With a market action index at 15.61, Oxford is currently a buyer's market
* The average property has been on the market for about 192 days-down 3%
* Median price per square foot is about $100
* There are about 206 properties on the market as of 10/17/2010-up 1%

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

Merchants on mission to make downtown Oxford more walkable.

Between the deafening noise and speeding traffic, downtown Oxford isn't exactly the most inviting place to take a leisurely stroll while doing some window shopping. The mission is to change all that and make downtown a safer, friendlier place for folks who aren't traveling via motorized vehicle.

Complete Streets policies aim to ensure that when engineers and planners design or renovate roadways, they do so to accommodate all users, not just motorists. These other users include pedestrians of all ages, bicyclists and people with disabilities.

On 08/01/2010, Gov. Jennifer Granholm signed a pair of Complete Streets bills into law. These laws mean the Michigan Department of Transportation (MDOT) is now required to consider all roadway users in all phases of road project planning, development and construction.

Under the laws, cities, villages and townships will be encouraged to consider Complete Streets principles when updating their master plans. Increasing downtown's walkability is key to increasing economic development and making the business community more prosperous as opposed to simply "surviving."

The downtown vision plan that the village had done for it back in 2006 clearly stated the community "must take back Washington Street (M-24) as a central component of the village pedestrian fabric."
references: c j carnacchio, oxford leader, newbalance health walker bing