Livonia Foreclosure Market MI

Here is a look at recent sold Livonia foreclosures in the last 30 days.  You will notice that some of them have sold as quickly as 2 days and 7 days.  The average time on the market is 53 days for the Livonia foreclosures that have sold.  For a while there the average time on the market was 4 to 6 months for Livonia homes.  So sales have picked up and foreclosures are selling quicker.

If you look at the list below you will notice that

  • 10 sold                                          over list price
  • 5 sold                                            within $2000 of list price
  • 4 sold                                            less than 5% of list price
  • 5 sold                                            between 5 -10% below list price
  • 5 sold                                            between 10 -15%  below list price
  • 3 sold                                            below 20% of list price

The two things I recommend to any Livonia foreclosure homebuyers is:

  1. If you see a house you like don’t wait put an offer in on it.  Good homes are selling quickly.  The old saying of “if you snooze you loose” is true here.
  2. Don’t try to lowball the house if it hasn’t been on the market for over 30 days.  Homes that just came on the market and are nice are going to be snapped up.  Remember there are other people that know it is a deal too.

So if you are a bargain hunter, you have to be aware that you may not win that Livonia foreclosureif you bid to low or wait too long.  As you can see metro Detroit home buyers are willing to pay a fair price for the Livonia foreclosure.  So if it is a great deal bid appropriately.  Talk to your Livonia real estate agent for advice on how to bid.

There are still lots of great Livonia foreclosures to be had.  If you would like Livonia foreclosures listings emailed to you join my Livonia foreclosure home VIP club.

Recent Livonia foreclosed homes that have sold
ADDRESS LIST PRICE SALE PRICE DOM SP PER SQFT SQUARE FOOTAGE
20161 ANTAGO ST 14900 16100 143 14.2477 1130
18453 DEERING ST 38900 23000 91 30.1441 763
29420 MINTON ST 32900 30500 64 29.9313 1019
14966 ALEXANDER ST 42500 36500 12 33.2422 1098
15524 DEERING ST 45900 45000 109 53.5714 840
18544 MERRIMAN RD 47500 46075 4 32.8403 1403
33805 ORANGELAWN ST 77000 50000 58 29.4117 1700
19337 SAINT FRANCIS ST 63000 55000 42 58.3244 943
29832 ORANGELAWN ST 59900 58000 2 55.8229 1039
11317 MERRIMAN RD 67500 60000 62 61.0376 983
30407 5 MILE RD 67000 63500 21 39.6875 1600
31005 ROYCROFT ST 79900 65000 11 2 63.4146 1025
10060 ARCOLA ST 74000 65000 11 40.9062 1589
19952 WEYHER ST 79900 70000 38 50.3959 1389
35252 W CHICAGO ST 82900 75000 47 67.3854 1113
19548 HILLCREST ST 74900 75000 28 50 1500
27808 PERTH ST 92900 80000 175 64.2054 1246
11408 CRANSTON ST 97500 85000 139 77.2025 1101
31610 SCONE ST 89900 89500 52 78.9241 1134
32711 VERMONT ST 78900 91000 28 76.923 1183
36250 LAWRENCE DR 87900 92000 2 89.4941 1028
36611 ANGELINE CIR 96000 96000 54 95.3326 1007
29851 BRETTON ST 93500 97000 25 71.8518 1350
28712 BUCKINGHAM 102500 99000 83 41.3188 2396
35171 W PARKDALE ST W 99500 100000 15 89.8472 1113
14616 FAIRWAY ST 104500 100000 7 67.5675 1480
27434 GRANDON AVE 99900 107000 15 89.0183 1202
33810 ELMIRA CT 113900 114000 3 67.0588 1700
8920 HOUGHTON ST 119900 116229 14 66.9907 1735
14052 YALE ST 129000 120000 56 68.9655 1740
30503 JEANINE ST 114900 124000 39 92.6064 1339
15145 TAYLOR 164900 170000 7 78.6308 2162
38600 KINGSBURY ST 190900 180000 13 76.9559 2339

Feel free to call me with any questions about any metro Detroit foreclosures or if you are a first time home buyer and need some answers.

Russ Ravary your Metro Detroit real estate agent

 

comp and listing information courtesy of Real Comp II Ltd.  Homes above have been sold by various Realtors.

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Posted in Foreclosures, investment properties, landlord, Livonia

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The data relating to real estate for sale on this website comes in part from the IDX program of Realcomp. Real estate listings held by brokerage firms other than Keller Williams Realty Commerce Market Center are marked with the IDX logo and detailed information about them includes the name of the listing brokers.


All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Commerce Market Center shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.