Real Estate in Birmingham, Bloomfield Hills, Beverly Hills, Royal Oak, Troy and Oakland County Michigan
From the category archives:
I can take this discussion in two directions. First, I checked the sales in the MLS this morning, just like I do every morning (and again periodically through the day). In the past few days 11 houses have rented in Birmingham and Beverly Hills and 6 were sold. I would call that a landlord’s market, [...]
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Work has gotten in the way of me updating this blog recently. We have been selling houses. I should yell that because there seems to be a rumor circling about in metro Detroit that homes are not selling. So let me repeat: Dmitry and Maureen are selling houses. In the last few weeks we have [...]
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Metro Detroit’s most expensive home on the market, 21000 Turnberry in Novi, is under contract. We’ve talked before about the return of the luxury home buyers in Metro Detroit, and this sale confirms our observations. Turnberry went under contract after 598 days on the market and has not yet closed. The list price for the [...]
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We have seen some ‘super-sized’ transactions lately. A flurry of high end homes have sold in the last few weeks, with list prices from $2,000,000 to $5,000,000. Yes, some of these homes have been on the market a long time. But something has happened that indicates, at least to me, that the wealthiest buyers are [...]
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Here is my anecdotal market report for Birmingham and Bloomfield Hills. The big money buyers seem to be back, and they have been out shopping since the first of the year. We are happy to see them! They’ve been laying low for the last twelve months, but it appears that they are tired of waiting. [...]
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A few days ago I wrote about the most expensive house on the market in the US right now, a $155,000,000 spec home in Montana, that, by all accounts looks pretty darn fabulous. Today I thought I would tell you about the most expensive home on the market in Metro Detroit. Compared to Montana prices, [...]
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Highest Price: $11,900,000 Lowest Price: $5,750,000 Average Price Per Square Foot: $722 Highest Price Per Square Foot: $1,083 Lowest Price Per Square Foot: $378 The smallest is 6,000 Square Feet The largest is 16,000 Square Feet Highest annual property taxes are $125,000 Lowest annual property taxes are $15,000 Where are they: Northville Lake Angelus Birmingham [...]
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For the 577 listings: Avg List Price $1,103,388.00 The Median Price $675,000.00 The Highest Price $14,750,000.00 The Lowest Price $134,900.00 The Average Market Time 144 Written by Maureen FrancisSKBK Sotheby’s International Realty, 248.430.4450 Visit WebsiteSearch for homes in Oakland County
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