Macomb County Real Estate Blog - Mike Mitchell

My monthly market reports give data on the number of closed transactions, average sale price, etc. This report is a little different. It amazes me how much prices have dropped in the past few years, I remember in 2005 it was very difficult to find a home in St. Clair Shores for under $100,000 even fixer uppers. The pickings in that price range were slim to none at that time. So I thought I'd give you an idea of what's for sale in different price ranges today.

I've broken the stats down to the 3 major school districts.

South Lake School District:

        price range                                             # homes for sale

• 0 - $49,999                                       15
• $50,000 - $99,999                            64    
• $100,000 - $149,999                        90
• $150,000 - $199,999                        23
• $200,000 - $249,999                          5
• $250,000 +                                         3

Lakeview School District:

        price range                                            # homes for sale

• 0 - $49,999                                         16
• $50,000 - $99,999                              53
• $100,000 - $149,999                          62
• $150,000 - $199,999                          28
• $200,000 - $249,999                            7
• $250,000 - $299,999                            8
• $300,000 +                                           9

Lakeshore School District

        price range                                             # homes for sale

• 0 - $49,999                                            12
• $50,000 - $99,999                                 59
• $100,000 - $149,999                             70
• $150,000 - $199,999                             24
• $200,000 - $249,999                               3
• $250,000 - $299,999                               1
• $300,000 +                                              7

There is also one home listed in the Lanse Cruese district, (a very small section of the Shores is located in this district) That home is listed in the $150,000 - $200,000 range.

Overall, as of January 12, 2009 there are currently 560 single family homes on the market in St. Clair Shores. Of those 560 homes, 125 or aprox. 22% of them are bank owned. Also, 30 of them are canal front and 10 are lakefront.

If you'd like to start looking for homes and take advantage of this buyers market in St. Clair Shores, sign up for a free Listingbook account and search the mls on your own personal website! Absolutely FREE!

For more info on the St. Clair Shores Real Estate market, contact  Mike Mitchell,REALTOR ®

*statistics taken from Mi-Realsource multiple listing service. Information is deemed to be reliable but not guaranteed.

  Mike Mitchell - REALTOR ®                                                                 
 GMAC The Kee Group
 Direct: (586)291-2652

 http://www.mmhomesearch.com/