Average Sold Prices for October 2016-2017

| Market Intel


It is time to take a look back at October. That month just flew by! Put away your candy and let’s get to work. We will start with the following.

Communities with the MOST solds in October 2016.

#1 Royal Oak with 145

#2 Troy with 89

#3 Shelby Twp with 67

Communities with the MOST solds in October 2017.

#1 Royal Oak with 114

#2 Troy with 84

#3 Shelby Twp with 69

It’s interesting to compare year over year, isn’t it? We notice the top 3 contenders remain the same, but 2 out of 3 of those dropped a bit in what they sold from October 2017 to October 2016. Troy went down from 89 to 84 and Royal Oak had the largest drop of 145 to 114. Shelby Twp, however, saw a slight increase from 67 to 69.

As we progress into November I’ll share the average sold prices, consecutive days on market, sales price over list price and that should help us have a better look at what is happening in our small, local markets. If you want to discuss any of these numbers or communities, please do reach out to me.  I can help you understand more of what is going on and would look forward to having the conversation with you.

Please take a moment to look around our website and let me know if there’s anything I can help you with. Here are some areas you might wish to explore.

If you are contemplating a sale of your home then please visit our Sellers Guides section. I’ve written some guides to answer your questions based on my experience with my clients’ most often asked questions.

If you are contemplating a purchase of a home then please visit our Buyers Guides section. Another place I took from past work with my clients and what they most often asked about. Enjoy!!

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