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Posts Tagged ‘clarkston home sales’

Clarkston MI Home Sales Up- AGAIN!! Can we stop calling this a declining market?

I’ve been hearing on the news lately how foreclosure filings are up in the Detroit area. I wish the media would separate Oakland County from the Detroit area. What exactly is the “Detroit Area” anyway? When listening to the news it seems to range from anywhere in Southeast Michigan to all of Michigan. Sometimes I think they just make stuff up.

The “true” housing stats are as follows- at least for the Clarkston area.

Sales are up from last year. Sales are up from 2010 and 2009.

The first quarter sales for the “Clarkston area” which I define by searching the MLS for Clarkston schools with sales over $10,000 to weed out the lease sales are as follows:

2012: 129 units sold 2011: 101 units sold 2010: 106 units sold 2009: 65 units sold

The average sales price in 2012 was $180,975 The average sales price in 2011 was $178,612 The average sales price in 2010 was $170,918 The average sales price in 2009 was $164,820

The amount of bank owned sales and short sales were about the same each year but considering the total unit sales have been up, the per cent of distressed sales are down. The average sales price for the distressed sales are also down.

In 2012 bank owned sales made up 33% of the total sales and short sales made up 16% of the total sales. In 2011 bank owned sales made up 47% of the total sales and short sales made up 23% of the total sales.

The average sales price of the bank owned sale in 2012 was down to $97,745 opposed to $134,139 in 2011.

As of yesterday (May1) there were only 164 active listings in the Clarkston school district. On Jan 5, 2009 there were 359 active listings in the Clarkston school district.

So basically unit sales are up 22% from last year and up 50% from 2009. The average sales price is up 1.3% from last year and up 9% from 2009. Distressed sales are down from last year and there is a huge shortage of homes for sale. Cash sales made up 23% of the total sales in the first quarter of 2012 and 9% of non-distressed sales were cash sales.

Thinking of selling? This is a great time- we have buyers and no houses to sell them. I’ve been showing a LOT of crap. Just because the inventory is low does NOT mean you can ask any price. Properly priced homes sell quickly – the trick is to price in a manner that you can get top dollar for this market and still sell quickly.

If you are thinking of selling your Clarkston MI home, please don’t hesitate to call.

Marketing Your Home

Why Choose Me to Sell Your Home

Preparing Your Home for Sale

Jackie Hawley
ReMax Encore, Clarkston MI
Jackie@JackieHawley.com
Cell: 248-736-6407
www.MiRelocation.com

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Price, Location and Exposure??? NOT!!! It’s ALL About PRICE!

If you are trying to sell your Clarkston MI home in today’s real estate market you have probably read that it’s all location location location. Or possibly price, location and exposure. That last one is one third correct. It’s all about price.

Crappy location? Location can always be compensated for by price.

Your Realtor took 1 photo and left the remarks section of the MLS listing blank? This too will reflect in the price.

Is the house difficult to show? Price will take care of that.

Does the house show poorly? Not clean or dated or delayed maintenance? This will also reflect in the price.

No matter what market we’re in, price has always been the cure all for deficiencies in a property (house, land, etc).

To get the highest price possible for your Clarkston MI home you need to call a good, full time, experienced agent to help eliminate as many deficiencies as possible.

Check Your MLS Sheet- an oldie but goodie about incomplete MLS sheets

Should You Pay For the Buyer’s Well and Septic Inspection?

Why You Should Hire Jackie Hawley to Sell Your Clarkston MI Home

What Real Estate Costs Are the Clarkston MI Seller Responsible For?

Jackie Hawley
Keller Williams Realty, Clarkston Michigan

Jackie@JackieHawley.com

cell: 248-736-6407

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Live in the Clarkston School District? GREAT Time to Sell!

The average sales price for Clarkston MI homes is up 7.6% from last year and up 12.2% from 2009. Unit sales are up about 2 1/2% from last year and up over 22% from 2009.

Distressed sales in Clarkston MI have been on the decline, contributing to the higher prices. Through July of 2011 distressed sales (short sales and foreclosures) have made up 56.7% of the closed sales in Clarkston MI. In 2010 distressed sales 59.6% of the total Clarkston sales which was an improvement from 2009 when over 64% of the sold homes in Clarkston were either a short sale or bank owned home.

clarkston school sales chart through july

There are currently only 211 active listings for sale in Clarkston or just over a 5 month inventory. Like in any market, some (many) of those homes are overpriced. Good, properly priced inventory is even less than the 5 month inventory the stats show. The last 3 homes we listed in the Clarkston school district all sold the first week on the market and all 3 got prices that were at the top end for their respective neighborhoods.

Typical Costs for the Clarkston Home Seller

What Happens if the Appraisal is Low?

Getting Your Clarkston MI Home Ready For Sale

What are Seller Concessions?

Why are the Buyer and I Both Paying for Title Work/Insurance?

What to Expect on the Listing Appointment

Jackie Hawley
Keller Williams Realty, Clarkston
Jackie@JackieHawley.com

(248)73606407

www.MiRelocation.com

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