Median sales price on all sports Lower Straits Lake and the average sales price on Lower Straits Lake are both more than doubled this year over last year. This doesn’t mean prices went up over 100% in just a year’s time. But if you are a higher end buyer or seller you will probably have less appraisal issues than in the past.
So far this year there have been 3 less sales on Lower Straits Lakes than all of 2011.
Distressed sales are down. Way down. In 2011 distressed sales (foreclosures and short sales) made up 44% of all sales on Lower Straits Lake. So far in 2012 there has only been 1 distressed sale on Lower Straits Lake or 17% of lake sales.
Average Sale Price:
Median Sale Price:
Short Sales (units):
There are currently 4 active listings on Lower Straits Lake– ranging in asking price from $895,000-$1,699,000. 1 short sale and the rest are normal listings.
Lower Straits Lake is a 235 acre all sports lake located in Commerce Township in Oakland County, MI.
Compliments of Jackie Hawley, Realtor of the JHawley and Associates Real Estate Team at ReMax Encore in Clarkston MI.
For Sellers- www.JHawleyAndAssoc.com
For Sellers- www.AreaRealEstateExperts.com