This GOOD REAL ESTATE NEWS just in from Metropolitan Consolidated Association of Realtors. Note the great numbers in Bloomfield Township:
Home sales again increased in both Oakland and Macomb counties compared to figures from last year. In Oakland, sales rose 23 percent; in Macomb, they rose 26 percent.
Affordability helped make Southfield Oakland’s top-selling municipality: the median sale price there was $56,000, boosting the year-to-year increase 75 percent.
Other Oakland municipalities with 15 or more sales that experienced year-to-year increases in October sales included:
* Commerce Township, up 46 percent
* Bloomfield Township, up 44 percent
* Pontiac, up 43 percentMacomb’s Eastpointe also benefited from affordable housing, with a median sale price of $45,000 that undoubtedly helped spur a 97 percent increase in sales, year-to-year.
Other Macomb municipalities with 10 or more sales that experienced year-to-year increases in October sales included:
* Roseville, up 46 percent
* Macomb Township, up 40 percent
* Sterling Heights, up 31 percentYou can get the Oakland County October Sales numbers here.
Written by Maureen Francis
SKBK Sotheby's International Realty, 248.430.4450
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