2016 SALES RESULTS
Average sales price of all homes sold in 2016---$114,129.00
Total number of homes sold in 2016---510
Average sales price as of May 17,2017-$119,235.00
Total number of homes on the market as of May 17, 2017---42
Average asking price of all active homes---$144,803.00
Total number of home sales pending a closing---84
Average listing price of all pending home sales---$130,282.00
Prices have been increasing approximately $1,000.00 a month this year. It is a very strong sellers market, as the inventory is at 42 homes on the market today. I have never seen it below 50. If the house is priced correctly, usually you will have multiple showings within days and an offer or two very quickly. Buyers are extremely frustrated after writing offer after offer over full price and not being able to get a bid accepted. Cash is King, followed by conventional mortgage, FHA and VA.
If you are looking to sell your home, please give me a call and I will be happy to come out and answer any questions you may have. If you are looking to buy a home in Allen Park, I would love to work with you. Looking outside of Allen Park? I have four great buyer broker agents ready to assist you. Please feel free to give me a call so we can set up an appointment when you are ready.
I am so very Thankful for all of you who have let me work for you the past 31 years. I love my job and cannot think of anything else I would rather do. I am truly a lucky man. THANK YOU!!!