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Archive for October, 2010

Achatz Homemade Pie Company with locations that include Oxford Michigan madeBon Appetit’s “the Hot 10 Best Places for Pie” in the October 2010 issue. According to the article, judges at the National Pie Championships awarded the Cherry pie and Michigan Four Berry pie top honors.

Personally my favorite is their coconut cream pie, though all their cheese cakes are excellent. My mom oxford michigan pieprefers their Cherry pie, and the Michigan Four Berry pie seems to be popular with most people I know.

Achatz uses mostly Michigan products such as Michigan sugar, fruits, flour, milk and butter. Their food is natural and most importantly extremely tasty. They are closed on Saturdays but open on Sundays. You can find them at the north end of downtown Oxford on the east side of M-24. 40 N. Washington, Oxford MI, 48371. (248)628-4010. They have several other locations in Southeast Michigan with a new location coming to Ann Arbor, Michigan.

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Oxford Michigan Homes- Prices Up! Inventory Down!

Does this mean Oxford Michigan real estate has reached rock bottom? Who knows? What I can state is that at the end of August:

Unit sales are up 17.5%

Median sales price is up 15%

Total sales volume through August 2010 was $30,807,690 vs $22,988,190 in 2009. In fact the total sales volume is up slightly from 2007 and 2008, too.

oxford michigan home sales data

in the graft above- the blue line is 2009 and the pink line is 2010

Active listings on 9/18/2010- 119 with a median asking price of $189,900
Active listings on 9/28/2009- 165 with a median asking price of $238,500

Bank owned sales are on the decline:
Through August 2010: 71 bank owned sales or 41.5% of total sales
Through August 2009: 70 bank owned sales or 49.6% of total sales

Short sales are on the increase:
Through August 2010 there were 33 short sales or 19.3% of total sales
Through August 2009 there were 14 short sales or 9.9% of total sales

The decrease in foreclosure sales in Oxford Michigan has contributed to the increase in the median sales price. Many of the bank owned homes are on the lower end of the price spectrum. 

We will not know when we’ve hit the bottom until we’ve passed it.  Hopefully we are there. If you are considering selling and buying the house you though you couldn’t afford a few years ago, now might be a good time to consider that. If you either don’t have equity in your home (or if you do but don’t want to give it away at today’s prices) you may want to consider buying that step up home and leasing out your current home. This is a great time to buy that home you may not have been able to afford in the past. It is also a great time to buy investment properties- using cheap money to buy cheap houses in an environment where rental demand is high.

But whatever your situation, if you are thinking about selling your house please don’t hesitate to contact me.

Jackie Hawley
Keller Williams Realty
cell: (248)736-6407
email: Jackie@JackieHawley.com

Specific Neighborhood Sales Data

Oakland County Michigan Lakefront Homes For Sale

Oxford Michigan Homes For Sale

Selling Your Oxford Michigan Home

Search The MLS

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Is This a Trend? Clarkston Michigan Sales are Up AGAIN!

Let’s hope it is. The past couple days I wrote similar posts for Lake Orion and Oxford. And today I’m happy to write that sales are up, AGAIN, in Clarkston Michigan. The median sales price was up for the first half of the year, up through the end of August, and up for the past 4 months in a row. Unit sales are also up and total sales volume for Clarkston Michigan homes is also up from last year.

clarkston michigan home sales

In fact- unit sales through August 2010 are up from 2009, 2008 and 2007. Even though unit sales are up, bank owned sales are down from 2009- 95 bank owned sales though August 2010. 101 bank owned sales through August 2009.

Median Sales Price:
2010: $157,450
2009: $142,000

Units Sold:
2010: 268
2009: 209

Total Sales Volume:
2010: $48,227,480
2009: $$37,348,470

Bank Owned Sales:
2010: 95 units or 35.4% of total sales
2009: 101 units or 48.3% of total sales

Short Sales:
2010: 64 units or 23.9% of total sales
2009: 27 units or 12.9% of total sales

As of 9/18/2010 there were 223 total listings for sale in Clarkston Michigan with a median asking price of $217,000. On 9/28/2009 there were 258 homes for sale with a median asking price of $239,450.

For more detailed information about a particular house or neighborhood a market analysis would need to be done for that specific home. Below are links to some pages where I’ve been compiling information (including sales data) for specific subdivisions and lakes (for lakefront homes). The above numbers are averages for Clarkston Michigan/Independence Township with some additional date to help interpret the data. The more specific the geographic area, the more one can glean from the data.

 North Oakland County Michigan Neighborhoods

North Oakland County Michigan Lakefront Homes for Sale

Search the MLS

Clarkston Michigan Homes for Sale

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