Oakland County Real Estate Market Update Jan 2021 +(BLOOPERS!)

This is the overview of January 2021 Real Estate Market activity within Oakland County, Michigan and some of the #LakesArea. Including Commerce Township Real Estate, West Bloomfield Real Estate, White Lake Real Estate, and Waterford Real Estate statistics for January. All of the numbers are below.

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Oakland County
Average Sales Price: 323,095 (+2%)
Number of Homes For Sale: 1775 (-49.6%)
Closed Sales: 1,192 (+5%)
Average Days on Market: 36 (-31%)
Months Supply of Homes for Sale: 1 (-52.4%)
Avg Price Per Square Foot: $171 (+9.6%)

Months Supply of Inventory tells us the economic relationship between the supply of homes and the demand.

Commerce Township
Average Sales Price: 304,526 (+12.7)
Number of Homes For Sale: 43 (-65%)
Closed Sales: 27 (-18.2%)
Average Days on Market: 28 (-30%)
Months Supply of Homes for Sale: 0.8 (65.2%)
Avg Price Per Square Foot: $163 (+8%)

Waterford Twp
Avg Sales Price: $241,300 (+16%)
Number of homes for sale: 56 (-69%)
Closed Sales: 75 (+42%)
Avg Days on Market: 22 (-49%)
Month Supply of Homes: 0.5 (69%)
Avg PPSF: $153 (+9%)

White Lake Twp
Avg Sales Price: $317,455 (+16.4%)
Number of homes for sale: 51 (-35%)
Closed Sales: 19 (+12%)
Avg DOM: 29 (-38%)
Month Supply: 1.3 (-38%)
Avg Price Per Foot: $179 (+19%)

West Bloomfield
Average Sales Price: $336,709 (+4%)
Number of Homes For Sale: 132 (-41%)
Closed Sales: 52 (-13%)
Average Days on Market: 37 (-27.5)%)
Months Supply of Homes for Sale: 1.4 (-46%)
Avg Price Per Square Foot: $145 (+10%)

Тэги:

#Michigan_Real_Estate #Oakland_County_Michigan #Metro_Detroit_Real_Estate #Oakland_County_Real_Estate #Commerce_Township_Homes_for_sale #White_Lake_Homes_for_sale #West_Bloomfield_homes_for_sale #waterford_homes_for_sale

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