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
ADDRESSLIST PRICESALE PRICEDOMSP PER SQFTSQUARE FOOTAGE
20161 ANTAGO ST149001610014314.24771130
18453 DEERING ST38900230009130.1441763
29420 MINTON ST32900305006429.93131019
14966 ALEXANDER ST42500365001233.24221098
15524 DEERING ST459004500010953.5714840
18544 MERRIMAN RD4750046075432.84031403
33805 ORANGELAWN ST77000500005829.41171700
19337 SAINT FRANCIS ST63000550004258.3244943
29832 ORANGELAWN ST5990058000255.82291039
11317 MERRIMAN RD67500600006261.0376983
30407 5 MILE RD67000635002139.68751600
31005 ROYCROFT ST799006500011 263.41461025
10060 ARCOLA ST74000650001140.90621589
19952 WEYHER ST79900700003850.39591389
35252 W CHICAGO ST82900750004767.38541113
19548 HILLCREST ST749007500028501500
27808 PERTH ST929008000017564.20541246
11408 CRANSTON ST975008500013977.20251101
31610 SCONE ST89900895005278.92411134
32711 VERMONT ST78900910002876.9231183
36250 LAWRENCE DR8790092000289.49411028
36611 ANGELINE CIR96000960005495.33261007
29851 BRETTON ST93500970002571.85181350
28712 BUCKINGHAM102500990008341.31882396
35171 W PARKDALE ST W995001000001589.84721113
14616 FAIRWAY ST104500100000767.56751480
27434 GRANDON AVE999001070001589.01831202
33810 ELMIRA CT113900114000367.05881700
8920 HOUGHTON ST1199001162291466.99071735
14052 YALE ST1290001200005668.96551740
30503 JEANINE ST1149001240003992.60641339
15145 TAYLOR164900170000778.63082162
38600 KINGSBURY ST1909001800001376.95592339

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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