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Livonia real estate update

Here is the latest Wayne County real estate update for Livonia Michigan.



Livonia Home Price Statistics
  Price Range Number of Listings Days on Market
       
  10,000 to 30,000 6 120
  30,001 to 50,000 14 78
  50,001 to 70,000 22 82
  70,001 to 90,000 37 108
  90,001 to 110,000 23 82
  110,001 to 130,000 54 142
  130,001 to 150,000 42 164
  150,001 to 170,000 36 171
  170,001 to 190,000 25 111
  190,001 to 210,000 16 176
  210,001 to 230,000 25 189
  230,001 to 250,000 6 113
  250,001 to 270,000 8 244
  270,001 to 290,000 3 158
  290,001 to 310,000 2 227
  310,001 to 330,000 5 105
  330,001 to 349,000 1 36

For the 325 Livonia listings: For the 59 Livonia MI Sold listings:
Average List Price $143,789.00 Average Sold Price $119,250.00
Median List Price $135,000.00 Median Sold Price $119,400.00
Highest List Price $349,000.00 Highest Sold Price $280,000.00
Lowest List Price $11,500.00 Lowest Sold Price $18,500.00
List Volume $46,731,340.00 Sales Volume $7,035,769.00
Avg. Days On Market 137 Avg. Days On Market 100

 

Here is the latest Livonia foreclosure update Wayne County MI

 

Livonia foreclosures Price Statistics
  Price Range Number of Listings Days on Market
       
  10,000 to 30,000 5 74
  30,001 to 50,000 12 69
  50,001 to 70,000 14 62
  70,001 to 90,000 21 79
  90,001 to 110,000 13 54
  110,001 to 130,000 20 57
  130,001 to 150,000 4 90
  150,001 to 170,000 4 35
  170,001 to 190,000 2 32
  190,001 to 210,000 4 48
  210,001 to 224,900 1 108

For the 100 Livonia foreclosure listings: For the 29 Livonia foreclosure Sold listings:
Average List Price $97,007.00 Average Sold Price $89,716.00
Median List Price $91,100.00 Median Sold Price $84,500.00
Highest List Price $224,900.00 Highest Sold Price $210,000.00
Lowest List Price $11,500.00 Lowest Sold Price $28,000.00
List Volume $9,700,725.00 Sales Volume $2,601,769.00
Avg. Days On Market 64 Avg. Days On Market 70

 So in the last month 29 out of the 59 Livonia homes that were sold were foreclosures.  About 1/2 of the Livonia homes that sold last month were Livonia foreclosures

Right now out of the 325 Livonia homes for sale, 100 of them are foreclosures.  About 1/3 of the Livonia homes for sale are foreclosures.  You will notice that Livonia foreclosures are selling in about 70 days where other homes are taking over 100 days to sell.  So if you are trying to sell your home you are competing with a lot of foreclosures.  So price your Livonia home right and get it ready to sell.

Here are lots of articles on how to sell your Livonia home and how to prepare it for sale

Livonia home sellers tips

Livonia Home selling advice

If you have any questions feel free to pick up the phone and call my cell (313) 310-9855 or to search Livonia homes for sale

Russ Ravary

Your Local Livonia realtor and Livonia real estate specialist

May you get a unexpected hug from an old friend today!

Comps, and real estate statistics courtesy of Realcomp II LTD



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Posted on Dec 30, 2008 @ 8:27 pm by russ.ravary - View Profile
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Russ Ravary
44785 Five Mile Road
Plymouth, MI 48170


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