Oakland County Real Estate Statistics

Oakland County Real Estate Statistics

Oakland County, Michigan  03/26/2008 

Here is what is going on in the Metro Detroit Real estate market in the first quarter of 2008. Oakland County is a county directly north and northeast of Detroit, Michigan.  Note the large drop in number of Oakland County homes and condos sold in Jan/Feb 2007 to 2008.  Also note the price changes.

Oakland County Single Family Residence

 Time Period Number of Home Sales Median Home Sale Price
 Feb 2008 336 $182,750
 Feb 2007 667 $189,900
 Jan 2008 505 $180,000
 Jan 2007 960 $188,750
 2008 YTD 1,065 $185,000
 2007 9,090 $186,040

 

Oakland County Condominiums

 Time Period Number of Condo Sales Median Condo Sale Price
 Feb 2008 119 $174,000
 Feb 2007 184 $192,625
 Jan 2008 181 $161,500
 Jan 2007 249 $150,000
 2008 YTD 342 $163,650
 2007 2,925 $181,000

 

Comp and Listing Information Courtesy of Realcomp II Ltd, Properties shown have been listed and sold by various MLS member REALTOR® agents.

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