The past six months home and condo sales in the Saugatuck, Douglas, and Fennville areas are not record setting. There have been 37 properties sold since January. These homes were on the market an average of 314 days. The average selling price of the homes that were sold in 2009 to date is $201,738. For the first six months of 2009 the highest price of property sold was $641,000. The median price was $207,500 with a low selling price of $42,000. The sellers of these homes received 92.77% of the listing to selling price.
In comparison of property sales in the Saugatuck, Douglas, and Fennville areas from last year. There were 55 homes sold in the first six months of 2008. These homes were on the market an average of 203 days. The average price of these homes that were sold was $290,615. For the first six months of 2008 the highest price of property sold was $1,300,000. The median price sellers received was $235,000 with a low selling price of $80,000. The sellers received on average 92.35% of the listing price to selling price.
Property sales in the Saugatuck, Douglas, and Fennville areas have decreased 33% from the previous year. These homes were on the market over 100 days longer than the last year. The average selling price dropped 30.5%.
If you would like more information please visit our wed site: Andrea Crossman Group
Wednesday, July 8, 2009
Statistics for Property Sales for Saugatuck, Douglas, and Fennville from January 1, 2009 to June 30, 2009
Thursday, July 2, 2009
Lake Michigan Real Estate statistics for the first 6 months of 2009 vs 2008
For the first half of the year real estate statistics for 2009 Vs 2008 on Lake Michigan waterfront homes and condos. In 2008 there were 29 homes and condos sold with an average sale price of $1,407,897. In 2009 those numbers were 24 homes sold with an average sale price of $1,007,388, representing a 28.5% decline in average sale price.
Average days on the market in 2008 was 185 for these lake Michigan homes, while in 2009 it took 295 days to sell these homes.
Average sale price to list price percentage in 2008 was 92.46%, while in 2009 it was 80.24%.
2008 the high was $3,150,000, the low was $570,000, and the median was $1,200,000 for Lake Michigan waterfront properties. In 2009 the high was $2,600,000, the low was $310,000, and the median was $875,000.
Looks like the same theme--volume pretty steady, prices down. Don't miss this prime opportunity to buy a bargain on the Lake.
Average days on the market in 2008 was 185 for these lake Michigan homes, while in 2009 it took 295 days to sell these homes.
Average sale price to list price percentage in 2008 was 92.46%, while in 2009 it was 80.24%.
2008 the high was $3,150,000, the low was $570,000, and the median was $1,200,000 for Lake Michigan waterfront properties. In 2009 the high was $2,600,000, the low was $310,000, and the median was $875,000.
Looks like the same theme--volume pretty steady, prices down. Don't miss this prime opportunity to buy a bargain on the Lake.
Wednesday, June 24, 2009
Monday, June 22, 2009
Holland Michigan Real Estate Sales Statistics for 2008-2009
If you are selling a home and would like to know what last years sales statistics were in the Holland/Saugatuck area this blog may be helpful to you. The sales statistics are broken down by price range during the past year from June 2008 to June 2009. If you would like to view homes for sale at this time to compare or to purchase click a price range and follow the link to your dream home.
During this time period 632 houses were sold in the price range of $0 to $100,000. The average house sold had three bedrooms and 1.4 bathrooms with 1,209 square feet of living space. Of the 632 houses that were sold this year 212 were sold 0-30 days from their listing and received 95.32% of there listing price to selling price. There were 122 homes sold 31-60 day after the listing date and received 91.14% of the list price to selling price. Of the 92 houses that were sold 62-90 days after being listed they received 91.81% of the list price to selling price. Only 50 houses were sold after 91-120 days and they only received 79.43% of the listing price verses the selling price.
In the price range of $101,000 to $200,00 there were 4,350 homes sold during the past year. The average home was 1,539 square feet and had 3 bedrooms and 2.16 bathrooms. Of the 4,350 home that were sold 1,211 homes were sold within 30 days of the listing price. The sellers received 97.36% of the listing to selling price. There were 737 homes sold 31-60 days after the listing date and received 95.82% of the listing to selling price. There were 555 homes sold between 61-90 days after listing and they received 95.54% of there listing to selling price. There were only 398 homes sold for 91-120 day of there listing date. Of these homes the sellers received 94.41% of the listing price to selling price. The most homes were sold after 120+ days from the list date and only received 93% of the listing to selling price. There were 1,449 homes sold after 120 days or more from the listing price.
During the past year 173 homes were sold in the price range of $201,000-$300,000 during the time period of June 2008 to June 2009. The average home had 3 bedroom and 2.83 bathrooms with 1,838 square feet of living space. Within the first 30 days of being listed 40 homes were sold. The sellers received 95.69% of there asking price. There were 19 homes sold from 31-60 day after listing and the sellers received 96.31% of the listing to selling price. After 61-90 days on the market 21 homes sold receiving 93.24% of the listing to selling price. After 91-120 days 17 homes were sold and received 92.92% of there listing to selling price. After 102+ days of listing a home 76 homes were sold. The sellers received 95.15% of the listing to selling price.
In the price range of $301,00-$400,000 there were 57 homes sold during the past year. Of these homes 7 were sold with in the first 30 days. The sellers received an impressive 99.13% of the listing to selling price. For 31-60 day of being listed 10 homes sold receiving 85.24% of the list price to selling price. From the 61-90 days and 91 to 120 days only 3 homes were sold in each time frame. The 3 sellers in the 61-90 time frame received 94.89% where the homes sold for the 91-120 days after listing only received 89.89% of the listing price to selling price. Homes sold after 102+ days received 93.76% of the listing to selling price. There were 34 homes sold during this time.
From June 2008 to June 2009 there were 12 homes sold in the $401,000 to $500,000 price range.The average home had 4 bedrooms and 2.75 bathrooms with 2,120 square feet of living space. There were 4 homes sold 0-30 days after the listing date. The sellers received 95.38% of the listing to selling price from the sale of the home. There were only 1 home sold in both 31-60 days and 61-90 days. The sellers received 95.19% from the sale in the 31-60 day time frame and 97.52 in the 61-90 day time frame. There were 6 homes sold for 93.29% of the listing to selling price after 120+ days.
During this time period 632 houses were sold in the price range of $0 to $100,000. The average house sold had three bedrooms and 1.4 bathrooms with 1,209 square feet of living space. Of the 632 houses that were sold this year 212 were sold 0-30 days from their listing and received 95.32% of there listing price to selling price. There were 122 homes sold 31-60 day after the listing date and received 91.14% of the list price to selling price. Of the 92 houses that were sold 62-90 days after being listed they received 91.81% of the list price to selling price. Only 50 houses were sold after 91-120 days and they only received 79.43% of the listing price verses the selling price.
In the price range of $101,000 to $200,00 there were 4,350 homes sold during the past year. The average home was 1,539 square feet and had 3 bedrooms and 2.16 bathrooms. Of the 4,350 home that were sold 1,211 homes were sold within 30 days of the listing price. The sellers received 97.36% of the listing to selling price. There were 737 homes sold 31-60 days after the listing date and received 95.82% of the listing to selling price. There were 555 homes sold between 61-90 days after listing and they received 95.54% of there listing to selling price. There were only 398 homes sold for 91-120 day of there listing date. Of these homes the sellers received 94.41% of the listing price to selling price. The most homes were sold after 120+ days from the list date and only received 93% of the listing to selling price. There were 1,449 homes sold after 120 days or more from the listing price.
During the past year 173 homes were sold in the price range of $201,000-$300,000 during the time period of June 2008 to June 2009. The average home had 3 bedroom and 2.83 bathrooms with 1,838 square feet of living space. Within the first 30 days of being listed 40 homes were sold. The sellers received 95.69% of there asking price. There were 19 homes sold from 31-60 day after listing and the sellers received 96.31% of the listing to selling price. After 61-90 days on the market 21 homes sold receiving 93.24% of the listing to selling price. After 91-120 days 17 homes were sold and received 92.92% of there listing to selling price. After 102+ days of listing a home 76 homes were sold. The sellers received 95.15% of the listing to selling price.
In the price range of $301,00-$400,000 there were 57 homes sold during the past year. Of these homes 7 were sold with in the first 30 days. The sellers received an impressive 99.13% of the listing to selling price. For 31-60 day of being listed 10 homes sold receiving 85.24% of the list price to selling price. From the 61-90 days and 91 to 120 days only 3 homes were sold in each time frame. The 3 sellers in the 61-90 time frame received 94.89% where the homes sold for the 91-120 days after listing only received 89.89% of the listing price to selling price. Homes sold after 102+ days received 93.76% of the listing to selling price. There were 34 homes sold during this time.
From June 2008 to June 2009 there were 12 homes sold in the $401,000 to $500,000 price range.The average home had 4 bedrooms and 2.75 bathrooms with 2,120 square feet of living space. There were 4 homes sold 0-30 days after the listing date. The sellers received 95.38% of the listing to selling price from the sale of the home. There were only 1 home sold in both 31-60 days and 61-90 days. The sellers received 95.19% from the sale in the 31-60 day time frame and 97.52 in the 61-90 day time frame. There were 6 homes sold for 93.29% of the listing to selling price after 120+ days.
Monday, June 8, 2009
Holland Michigan Real Estate Sales Statistics for the first 5 months of '09 Vs '08
For the areas North of the Holland Channel, and west of US 31 up to Grand Haven real estate sales statistics, for the first 5 months of the year 2008 vs 2009 for single family homes and condos.
In 2008, there were 104 units sold with an average sale price of $245,168, compared to 2009 when there were 111 homes and condos sold with an average sale price of 175,555, representing a 28.4% drop in average sale price. Average days on the market in 2008 was 153 for these Holland homes and condos, where in 2009 that number was 129. Average list price to sale price percentage in 2008 was 93.89%, and 89.59% of original list price; in 2009 those numbers for homes and condos were 90.82%, and 82.57% of original list price. In 2008 the high, low, and median sale prices looked like this, High-2,950,000, Low-40,000, and Median-143,950; and in 2009 they were High-2,250,000, Low-15,100, and Median-103,900.
Well, on the one hand, there were more homes sold this year compared to last, but the average and median prices are taking a huge beating. Good time to buy? I would say...YES!!!
In 2008, there were 104 units sold with an average sale price of $245,168, compared to 2009 when there were 111 homes and condos sold with an average sale price of 175,555, representing a 28.4% drop in average sale price. Average days on the market in 2008 was 153 for these Holland homes and condos, where in 2009 that number was 129. Average list price to sale price percentage in 2008 was 93.89%, and 89.59% of original list price; in 2009 those numbers for homes and condos were 90.82%, and 82.57% of original list price. In 2008 the high, low, and median sale prices looked like this, High-2,950,000, Low-40,000, and Median-143,950; and in 2009 they were High-2,250,000, Low-15,100, and Median-103,900.
Well, on the one hand, there were more homes sold this year compared to last, but the average and median prices are taking a huge beating. Good time to buy? I would say...YES!!!
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