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
REALTOR®
    Years of Experience: 35+

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

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Posts Tagged ‘Rental Market’

Week in Review

Wednesday, May 27th, 2009

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.

Week In Review

Tuesday, May 19th, 2009

From 5/10/2009- 5/16/2009. 29 listed homes went under contract and/or sold in Farmington Hills last week from $29,900 to $605,000, 20 of which were bank owned or otherwise distressed sales.

38 new listings came on the market last week from $29,900 to $699,000, 4 of which are bank owned homes or otherwise distressed properties.

And, for the rental market, 6 homes recorded as being rented over the last week by an agent. Overall, 5 more homes were added to the rental market by an agent.

Week in Review

Tuesday, May 5th, 2009

From 4/26/2009- 5/2/2009. 22 listed homes went under contract and/or sold in Farmington Hills last week from $16,000 to $1,199,000, 16 of which were bank owned or otherwise distressed sales.

37 new listings came on the market last week from $64,900 to $549,000, 10 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, 3 more homes were added to the rental market by an agent.

Week In Review For Real Estate

Wednesday, March 25th, 2009

From 3/15/2009- 3/21/2009. 20 listed homes went under contract and/or sold in Farmington Hills last week from $28,230 to $294,900, 15 of which were bank owned or otherwise distressed sales.

54 new listings came on the market last week from $19,900 to $700,000, 18 of which are bank owned homes or otherwise distressed properties.

And, for the rental market, 3 homes recorded as being rented over the last week by an agent. Overall, 6 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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