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:
- 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.
- 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|
|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|
|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.
How to buy a West Bloomfield foreclosure – Part 11