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ALLEN PARK
2019 AVERAGE SALES PRICE $140,569.00
466 HOMES SOLD
Average time on the market 33 days
2019 was a good year for sales volume in Allen Park with 466 homes sold. Prices rose slightly from our average sales price in 2018 of $139,285.00 up to $140,569.00 in 2019. Low interest rates keep fueling buyer demand for our beautiful City. We are still quite a bit lower than our peak sales price of $150,392.00 set in 2005. Most economists predict we will see much the same this year. Give me a call if you would like an honest and accurate estimate of your homes value...no charge or obligation!
Last year our City Council decided to require a City Inspection when you sell your home. As of 2/4/20 the building department is getting organized to get this program rolling. My guess is that the inspection will cost sellers around $100-150.00. Once we have the inspection in hand, either the seller or buyer will have to complete any required repairs. I will keep you posted as soon as I hear.
Last thing on my mind is the super low inventory of houses available for sale. As of 2/4/20 we only had 43 houses for sale at an average asking price of $151,735.00. As Spring approaches, I expect the inventory to rise. I think it is going to be a great year!
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, NO CHARGE. 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 three 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 33 years. I love my job and cannot think of anything else I would rather do. I am truly a lucky man. THANK YOU!!!
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