The first quarter of any real estate market is always slower than the traditional house selling time that starts with spring and traditionally ends with the start of school.  Earlier this year I displayed average Allen Park sales prices and average days on the market that were pretty low.  They were so low that my webmaster questioned these Allen Park sales as being a misprint.  Now I can report a significant increase in the average Allen Park sales price and a lower average days on market.  Look at the upper right hand corner of this page to see what I mean.

Since Allen Park is divided into three separate school districts a clearer pictures can be drawn by separating the list/sale numbers by school district:

Mel-Nap School District:
Active Listings:
53  Ave. List Price:  $82,760  Ave. Days On Market:  141
Sold Private Owner:
2  Ave. Sale Price:  $30,625 Ave. Days On Market:  114
Sold Foreclosure:
3 Ave. Sale Price $39,933 Ave. Days On Market:  104

Allen Park School District:
Active Listings:
11 Ave. List Price:  $64,255  Ave. Days On Market:  73
Sold Private Owner:
6 Ave. Sale Price:  $84,700 Ave. Days On Market:  61
Sold Foreclosure:
9 Ave Sale Price:  $69,756  Ave. Days On Market:  65

Southgate School System:
Active Listings:
7 Ave List Price:  $148,357  Ave. Days On Market 104
Sold Private Owner:
2 Ave. Sale Price:  $162,450  Ave. Days On Market 93
Sold Foreclosure:
1 Ave. Sale Price:  $240,000  Ave. Days On Market:  217

This information is taken from the RealComp Multi-Listing Service and is deemed to be correct, but not guaranteed.

Posted on Friday, March 27th, 2009 at 11:35 am and is filed under Housing Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.