Recently released data from Realcomp II (A southeast Michigan Multiple Listing Service) shows the market is seeing signs of stabilization. The number of sales in the county were down 4% from April of ’07, but the number of pending sales were up 20% and the number of homes and condos on the market is down 13% from the previous year.
Here are the numbers:
April Livingston County data for residential and condo sales
Listings received in the month
'08 708
'07 773
Pending Sales
'08 212
'07 177
Sales
'08 161
'07 165
On Market Listings on 4/30
'08 2890
'07 3338
The Buckley Jolley Real Estate Team is up-to-date on the changing market. We follow the trends and statistics on a daily basis and would be happy to answer any questions you may have.
- Todd Buckley
Wednesday, May 7, 2008
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