Saint Clair Shores, MI

THE 57th ANNUAL SAINT CLAIR SHORES MEMORIAL PARADE!

Sunday, May 24th starting at 1:00 p.m. The parade route is on Jefferson Avenue this year, from 9 mile road to 11 mile road.

This years theme: Memorial Day, the Sacrifice for Freedom

The Saint Clair Shores Memorial Parade is one of the best around, it is a great time to bring your family, friends and your lawn chairs and honor our veterans.

It's also a free event, in this troubling economy, many families are struggling. The parade is great entertainment for everyone!

Thank you to the St. Clair Shores parade council and all the volunteers who work so hard to make our parade a success for all to enjoy!

Have a Happy & Safe holiday weekend!

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 MARKET REPORT FOR APRIL - HOMES

There were 55 single family homes that closed in April up from 48 in March. 33 of the 55 sales were bank owned home. That's 60%, which while still a high number, but it's lower than March where 77% of the sales were bank owned.

Positive signs - The other good news is there were 10 homes that sold for between $100k and $200k and 1 for over $200k. Compared to March where there was only 1 home that sold for over $100k.

April Statistics

• There were 55 home sales that closed in April
• The average list price was $81,532
• The highest list price was $289,000 & the lowest was $14,000
• The average sale price of those 58 transactions was $72,995 up from $55,042 in March.
• The average current days on the market was 96
• The average total days on the market was 231
• Number of canal front homes closed 3
• Number of lake front homes closed 1

Selling Price # of homes

• under $50k - 21
• $50k - $100k - 23
• $100k - $150k - 6
• $150k - $200k - 4
• $200k - $300k - 1
• $400k - $500k - 0
• $500k - $600k - 0

ST. CLAIR SHORES MARKET REPORT FOR APRIL - CONDOMINIUMS

• There were 6 condos that closed in April.
• Average list price of those 6 condos was $50,600
• The average sale price of those 6 closed condos was $46,283
• Average current days on the market 56
• Average total days on the market 203

One things for sure, this current buyers market makes it a great time to purchase a home or condo in St. Clair Shores. As of May 5th, there are currently 483 single family homes for sale ranging in price from as low as $18,000 investor specials to waterfront homes just over 1 million. Of those homes on the market 15% or 74 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/

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.

Ah yes, spring time is finally here! The Nautical Mile Boat Show and Open House is next week starting Thursday, April 23rd & running to Sunday, April 26th from 10am to 5 pm each day. This event is typically the start to the boating season!

All of the Nautical Mile boat dealers will be open with special deals going on throughout the weekend. Take some time to come by and visit the Nautical Mile in St. Clair Shores.

Not only is the Nautical Mile known for it's many marinas and boat dealers, it's also popular for the many restaurants located up and down the mile! No matter what you're in the mood for, there is something for every ones taste! So even if you're not in the market to buy a new boat, you can still have a fun filled day, walking the Nautical Mile, looking at the beautiful boats, and having a bite to eat at one of the many fabulous restaurants.

While visiting the Shores, if you would like information on any of the canal front or lake front homes for sale, give me a call or send me an email, I'd be happy to assist you.

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

http://www.mmhomesearch.com/

The Annual Childrens Easter Egg Hunt sponsored by the St. Clair Shores Firefighters and in cooperation with the St. Clair Shores Parks and Recreation Department is being held on Easter Sunday, April 12, 2009.

* Date: April 12, 2009

* Time: 12 noon

* Place: Blossom Heath Park

I've attended this wonderful event in the past when my children were younger. Kudos to the St. Clair Shores Firefighters for putting on this great event for the children of St. Clair Shores.

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

http://www.mmhomesearch.com/

clip art courtesy of Webweavers Clip Art

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 MARKET REPORT FOR MARCH - HOMES

There were 48 single family homes that closed in March up from 37 in February. Bank owned foreclosures continue to drive house values down. 37 of the 48 homes that closed in March were bank owned. That's aproximately 77%

March Statistics

• There were 48 home sales that closed in March
• The average list price was $62,960
• The highest list price was $179,900 & the lowest was $19,400
• The average sale price of those 48 transactions was $55,042
• The average current days on the market was 64
• The average total days on the market was 203
• Number of canal front homes closed 1
• Number of lake front homes closed 0

Selling Price # of homes

• under $50k - 25
• $50k - $100k - 22
• $100k - $150k - 0
• $150k - $200k - 1
• $200k - $300k - 0
• $400k - $500k - 0
• $500k - $600k - 0

ST. CLAIR SHORES MARKET REPORT FOR MARCH - CONDOMINIUMS

• There were 6 condos that closed in March.
• Average list price of those 6 condos was $47,442
• Highest list price $109,900
• Lowes list price $19,900
• The average sale price of those 6 closed condos was $39,333
• Average current days on the market 185
• Average total days on the market 279

One things for sure, this current buyers market makes it a great time to purchase a home or condo in St. Clair Shores. As of April 5th, there are currently 504 single family homes for sale ranging in price from as low as $15,000 investor specials to waterfront homes just under 1 million. Of those homes on the market 18% or 91 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/

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.