Karen Reeber's Real Estate Blog | Farmington Hills MI | First Time Home Buyers, Short Sales, Housing Market, Relocation, Foreclosures, Homes for Sale

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Karen Reeber
REALTORĀ®
    Years of Experience: 35+

    ABRĀ®: Accredited Buyer's Representative
    CRP: Certified Relocation Professional
    CRS: Certified Residential Specialist
    RE/MAX Lifetime Achievement

Direct: (248)-730-0451



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Week in Review

From 5/17/2009- 5/23/2009. 17 listed homes went under contract and/or sold in Farmington Hills last week from $16,200 to $349,000, 9 of which were bank owned or otherwise distressed sales.

31 new listings came on the market last week from $29,900 to $999,999, 9 of which are bank owned homes or otherwise distressed properties.

And, for the rental market, 4 homes recorded as being rented over the last week by an agent. Overall, 8 more homes were added to the rental market by an agent.

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Market Recap

  • Avg. Sales Price: $180,101

  • Avg. Days on Market: 128 *From final list

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