Saint Clair Shores, MI

Here's a quick overview of the real estate market in Saint Clair Shores as of September 3rd, 2009. Listing inventory remains pretty much the same as it has throughout the year. August sales were up slightly from July.

I will post my regular detailed monthly market report for August soon.

Saint Clair Shores Real Estate Market Report ~ July,2009

For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®

If you'd like to start looking for homes and take advantage of this buyers market in S.E. Michigan sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!

Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652

http://www.mmhomesearch.com/

* Information deemed to be reliable but not guaranteed. Information taken from MiRealSource multiple listing service. Above sales were sold by agents and/or brokers. These statistics do not include for sale by owners. Selling prices did not include any sellers concessions. Rental properties were not included in stats.

© 2009 Mike Mitchell

If you are in the market to buy or sell real estate in St. Clair Shores or the surrounding Macomb County area, give me a call or email and I'd be happy to assist you. To start searching for homes for sale, sign up for a free Listingbook account.

Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652

http://www.mmhomesearch.com

If you would like to know what your St. Clair Shores home is worth in today's market, give me a call to schedule an appointment for a free market analysis (cma). No pressure, no obligation

ST. CLAIR SHORES REAL ESTATE MARKET REPORT FOR JULY - HOMES

There were 61 single family homes that closed in JULY up from 49 in June. 33 of the 61 sales were bank owned homes. That's 54%. Bank owned homes made up 44% of the sales in June, 65% in May, 60% in April & 77% in March.

JULY Statistics

• There were 61 home sales that closed in July
• The average list price was $77,159
• The highest list price was $259,900 & the lowest was $13,600
• The average sale price of those 61 transactions was $74,144 down from $81,258 in June.
• The average current days on the market was 73
• The average total days on the market was 167
• Number of canal front homes closed 2
• Number of lake front homes closed 0

Selling Price # of homes

• under $50k - 16
• $50k - $100k - 34
• $100k - $150k - 9
• $151k - $200k - 1
• $200k - $300k - 1
• $400k - $500k - 0
• $500k - $600k - 0

ST. CLAIR SHORES MARKET REPORT FOR JULY - CONDOMINIUMS

• There were 9 condos that closed in July!
• Average list price of those 5 condos was $53,838
• The average sale price of those 5 closed condos was $46,062
• Average current days on the market 150
• Average total days on the market 180

The buyers market continues, which makes it a great time to purchase a home or condo in St. Clair Shores. As of August 12th, there are currently 433 single family homes for sale ranging in price from as low as $13,000 investor specials to lake front homes over 1 million. Of those homes on the market 09% or 43 of them are bank owned. There are many homes to choose from, no matter what your price range, now is the time to take advantage of this market, prices will not remain this low forever.

Interest rates are at record lows and there are some great FHA loans available for those that need a lower down payment. In addition there is a 2009 tax credit up to $8,000 for First Time Buyers!

For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®

If you'd like to start looking for homes and take advantage of this buyers market in S.E. Michigan sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!

Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652

http://www.mmhomesearch.com/

For the of week of August 3rd, 2009 there are currently 11 Hud Homes on the market in Saint Clair Shores ranging in price from $15,000 to $80,000. Of those 11, 8 of them are eligible for the $100. down fha program.

There's still time to purchase a home and claim the First Time Buyers Tax Credit, but don't wait too long, November will be here before you know it.

* Don't forget, new Hud listings come out every Friday!

Contact me for a current list of Hud homes in St. Clair Shores and surrounding areas or for more information on St. Clair Shores Real Estate.

Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652

http://www.mmhomesearch.com/

Are you looking for a nice Saint Clair Shores house for under $100,000?

Be sure and check out this brick ranch in move in condition! This home features a new 3 dimensional roof, new concrete driveway, new stamped concrete patio, new kitchen cabinets and counter, refinished hardwood floors and freshly painted through out. It also has a partially finished basement (waterproofed) with glass block windows and a half bath. Enjoy your summer barbeques in the large privacy fenced back yard!

I will be holding a OPEN HOUSE this Sunday, August 9th from 1:00 to 4:00

The address is 19608 California, Saint Clair Shores. Located south of 9 mile and west of Harper.

If you or someone you know is looking for a Saint Clair Shores home in good condition, stop by and have a look!

Are you a first time buyer? Don't forget about the tax credit.

Mike Mitchell - REALTOR ®
GMAC The Kee Group
Direct: (586)291-2652

http://www.mmhomesearch.com