Livingston County Michigan real estate market update
Livingston County Michigan real estate market update
How is Livingston County real estate doing you ask? Like most of the Metro Detroit real estate market homes are selling!!!! And sometimes selling in a matter of days!!! That is the good news, the bad news is that Livingston County home prices are way down from the highs of 2003 and 2004. In some areas homes have lost 50% of their value!!!
If you look at the statistics for real estate in Livingston County Michigan you will notice that that number of sales from 2008 to 2009 are relatively the same. There have been fewer Livingston County homes sold. But the big difference is that the median sales price has gone down. Much of that is due to the fact that the higher end homes over $300,000 are taking longer to sell. As you go up in price fewer and fewer homes are sold over $500,000.
Livingston County real estate that is priced under $100,000 is selling.
Single Family Residence | ||
Time Period | Number of Sales | Median Sale Price |
Oct 2009 | 150 | $141,000 |
Oct 2008 | 160 | $141,946 |
Sep 2009 | 148 | $145,000 |
Sep 2008 | 163 | $162,000 |
2009 YTD | 1,492 | $135,000 |
2008 | 1,535 | $162,000 |
Condominium | ||
Time Period | Number of Sales | Median Sale Price |
Oct 2009 | 45 | $149,900 |
Oct 2008 | 53 | $164,000 |
Sep 2009 | 45 | $136,000 |
Sep 2008 | 46 | $176,361 |
2009 YTD | 474 | $135,000 |
2008 | 630 | $177,000 |
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Looking to buy a home or condo in Livingston County give me call if there are any homes that you want to see. Or join my Livingston County real estate VIP club to get the latest Livingston County foreclosures emailed to you weekly. You can also search any Livingston County homes for sale listings any time you want when you join the club.
Russ Ravary your Metro Detroit real estate agent serving Livingston County
Click on any of the categories for more information on:
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My quote of the day is:
Be always at war with your vices, at peace with your neighbors, and let each new year find you a better man. -Benjamin Franklin
Table Information provided courtesy of Real Comp II LTD