The start of 2012 had 63 closings for single family homes in St. Clair Shores, which looking back is about average. According to stats from MiRealSource multiple listing service there were 66 closings in January the previous year.
There seems to be a lot of activity in the real estate market lately. I don't know if it's due to the unusually warm weather or not, but it sure has been an added benefit for buyers. Nothing like searching for homes on a sunny day with mild temps during the winter months.
Inventory remains to be somewhat low, especially if you are looking for a private owned home. (not a bank owned or short sale) The current absorption rate for single family homes in the Shores is still at approximately a 3 month supply.
The average sale price for January 2012 was $68,883 and the average List Price was $71,603.
Here's a break down of the 63 homes that closed in various price ranges to give you an idea.
SOLD PRICE RANGE NUMBER OF CLOSINGS
$0 - $50,000 23
$51,000 - $100,000 31
$100,001 - $150,000 7
$151,000 - $200,000 1
$201,000 - $250,000 0
$251,000 - $300,000 1
$300,001 + 0
Of the 63 homes that closed:
If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.
To start searching for homes for sale, sign up for a free Listingbook account.
More Real Estate Posts:
Top 10 Reasons To Use MY Preferred Lender
Highest and Best! What's That?
I've Already Moved Out of State, Do I have to Come Back for the Closing?
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.
There were 8 Condos that Closed in St. Clair Shores for the start of the year, in January 2012. Sales prices ranged from as low as $17,500 to $63,000
There are currently 57 condo's on the market in St. Clair Shores as of 2/13/12 and to date there are 22 sales pending. Looking at the condo sales over the past 12 months, the St. Clair Shores Condominium absorption rate is currently at approximately a 4 month supply. While St. Clair Shores is not known for having a huge condo community, there are actually more than you think and pretty much something for everyone!
The current inventory ranges from a 1 bedroom apartment style unit at $14,900 to a 3 bedroom, 3 bath 2000+ sq.ft. ranch unit located near the lake. To start searching for St. Clair Shores Condos For Sale, sign up for a free Listingbook account.
Want to know what your St. Clair Shores Condo is Worth? Contact me for a free Market Analysis. No pressure, No obligation.
If you would like more information on St. Clair Shores Condominiums or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you
More Real Estate Posts:
Top 10 Reasons To Use MY Preferred Lender
Highest and Best! What's That?
I've Already Moved Out of State, Do I have to Come Back for the Closing?
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.
February 2nd, 2012
HAPPY GROUNDHOG DAY Everyone!
Well, not sure how acurate Punxsutawney Phil's forecasts are, but this morning he did emerge and see his shadow, and predicts 6 more weeks of winter. Of course this winter has been extremely mild so far, so if it's 6 more weeks of this, it won't be so bad.
I still love the movie Groundhog Day with Bill Murray. I actually just saw it again on cable last week. Classic!
Real estate talk:
Ready to start shopping for a home? Sign up for a FREE Listingbook account and search St. Clair Shores Homes For Sale and Macomb County Homes For Sale now.
Thinking of selling your home this spring? Want to know what your Macomb County Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.
Did you have your St. Clair Shores home on the market in 2011?
Did your Listing expire?
The following homes all closed in St. Clair Shores in the first 2 weeks of 2012!
Homes are selling and inventory is lower than it has been in the Shores, especially for private sales (not bank owned or short sales). If you would like to put your St. Clair Shores home on the market this spring, I'd love the opportunity to talk to you! NO PRESSURE, NO OBLIGATION!
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.
I've had a lot of buyers sign up for a Free Listingbook account in 2012 already, to search St. Clair Shores Homes For Sale and Macomb County Homes For Sale.
With interest rates still at record lows as well as house values very affordable, many are taking advantage and looking to purchase a home in 2012! Inventory is not as high as it once was, so staying informed of new listings and price changes is very important. Listingbook will keep you informed!
Benefits of having your own Listingbook Account:
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Full time REALTOR® specializing in St. Clair Shores & all of Macomb County, as well as Harper Woods & the Grosse Pointes. www.MMhomesearch.com
Keeping it Real ..... Real Service! Real Results!
Mike Mitchell is a Full Time REALTOR® and million dollar producer with Real Living Kee Realty. Mike has over 8 years experience in residential real estate. Mike generally serves the following areas: St. Clair Shores and all of Macomb County, the Grosse Pointes & Harper Woods & parts of St. Clair County but he can sell real estate anywhere in the great state of Michigan!
Mike is a member of the following associations:
Mike's Areas of Expertise:
Mike's Awards & Accomplishments:
For a list of testimonials from satisfied past clients click here.
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