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Archive for the ‘Lake market conditions’ Category

If you tried to sell your Lapeer County Lake house last year with no success, AND you were a fairly high priced listing, do not despair. It was not your house- it was the market.

In 2014 there were only 4 lakefront sales over $600,000 and all 4 were on acreage. 2 of those were on major acreage with private lakes- 40 acre and 90 acre parcels. And by private lake I mean their own private lake. The other 2 were a house and 9 acres on Lake Metamora and a house on 5 acres on Lake Lapeer.

Only 2 houses sold in the $400,000’s- both on Lake Lapeer.

This is better than 2013 when the price of lake houses in Lapeer County topped out at $477,500.

So far in 2015 there has been 1 sold on Lake Lapeer for just under $400,000 and 2 pending at just under $400,000 and in the mid $500,000’s.

The rise in prices is due to an improving economy, low interest rates and the lack of distressed properties (foreclosures and short sales). The distressed sales dropped to 11% of the total lake sales in 2014 from 19% in 2013. In 2010 distressed sales made up 49% of total lakefront sales in Lapeer County.

For more detailed information about specific lakes, please go to www.Lapeer-Homes-For-Sale.com and click on the appropriate link. Or LapeerLakes.MiRelocation.com – no w’s.

Lake Nepessing

Lake Lapeer

Lake Metamora

www.MiRelocation.com

My YouTube Channel: www.JackieHawleyRealtor.com

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Lake Oakland Lakefront Home Sales Real Estate Sales Clarkston and Waterford Michigan

Home prices on all sports Lake Oakland are up from last year- both median and average sales prices. More houses have sold in 2012 than in 2011 and a smaller percentage of those homes are short sales and foreclosures. There are currently 6 homes for sale on Lake Oakland and none of those are distressed listings.

Unit Sales:

2011- 12
2012- 17

Average Sale Price:

2011- $223,320
2012- $313,341

Median Sale Price:

2011- $181,000
2012- $245,000

Foreclosures (units):

2011- 4
2012- 5

Short Sales (units):

2011- 1
2012- 1

There are currently 6 active listings on Lake Oakland– ranging in asking price from $260,000-$1,599,000- all are normal listings (not foreclosures or short sales).

Lake Oakland is a 235 acre all sports lake located in Waterford and Clarkston, MI.

Compliments of Jackie Hawley of the JHawley and Associates Real Estate Team at ReMax Encore in Clarkston MI.

Cell: (248)736-6407

Jackie@JackieHawley.com

www.SearchMichiganMLSListings.com

www.LakeOaklandHomes.com

Sylvan and Otter Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

www.MacedayLake.com

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

www.MiRelocation.com

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Maceday Lake Lotus Lake Home Sales

Home sale prices on Maceday and Lotus Lakes for 2012 ranged from $120,000-$770,000 with an average sales price of $282,085 and a median sales price of $$255,000. There have been 19 sales so far (sales data can trickle in for the next month or so) and $5,359,615 in total sales volume on Lotus Lake and Maceday Lake.

In 2011 there were 12 home sales on Maceday Lake and Lotus Lake with an average sales price of $240,650 and a median sales price of $221,950.

There is one active listing on Maceday Lake asking $875,000.

Maceday and Lotus Lakes are connecting all sports lakes in Waterford and Clarkston MI.

Please don’t hesitate to contact me if you are considering buying or selling a home on all sports Maceday or Lotus Lakes.

Jackie Hawley, Realtor
ReMax Encore, Clarkston MI

Cell: (248)736-6407

Jackie@JackieHawley.com

www.MacedayLake.com

www.SearchMichiganMLSListings.com

Lower Straits Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

Sylvan and Otter Lake

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

www.MiRelocation.com

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Lower Straits Lake is a 235 acre all sports lake located in Commerce Township, Oakland County Michigan.

Lower Straits Lake connects to Middle Straits Lake. Water flows from Upper Straits Lake into Middle Straits Lake then into Lower Straits Lake and back into the Huron River. Water levels can be supplemented by water that is pumped from the Huron River into Upper Straits Lake by the Oakland County Drain Commission.

There is currently no public access on Lower Straits Lake.

As reported in Realcomp II MLS:

2012- 6 sales so far ranging in price from $130,000-$3,900,000
2011- 9 sales ranging in price from $57,700-$1,225,000
2010- 4 sales ranging in price from $168,000-$1,000,000
2009- 7 sales ranging in price from $70,000-$800,000

Compliments of Jackie Hawley, Realtor of the JHawley and Associates Real Estate Team at ReMax Encore in Clarkston MI.

Cell: (248)736-6407

Jackie@JackieHawley.com

www.SearchMichiganMLSListings.com

Lower Straits Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

www.MacedayLake.com

Sylvan and Otter Lake

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

www.MiRelocation.com

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Lower Straits Lake Commerce Twp MI Lakefront Home Sales

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.

Unit Sales:

2011- 9
2012- 6

Average Sale Price:

2011- $535,222
2012- $1,173,250

Median Sale Price:

2011- $388,000
2012- $999,500

Sales Volume:

2011- $4,817,000
2012- $7,038,500

Foreclosures (units):

2011- 0
2012- 1

Short Sales (units):

2011- 4
2012- 0

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.

Cell: (248)736-6407

Jackie@JackieHawley.com

www.SearchMichiganMLSListings.com

Lower Straits Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

www.MacedayLake.com

Sylvan and Otter Lake

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

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Sylvan Lake Otter Lake Lakefront Home Sales Real Estate Sales

Waterford, West Bloomfield and the Village of Sylvan Lake Michigan

Median sales price on all sports Sylvan and Otter Lakes is up 31% from last year. Average sales price on Sylvan and Otter Lakes is up 26% from last year.

So far this year there have been 8 more sales on Sylvan and Otter Lakes than all of 2011.

Distressed sales are down. Way down. In 2011 distressed sales (foreclosures and short sales) made up 47% of all sales on Sylvan and Otter Lake. So far in 2012 there have only been 3 distressed sales on Sylvan and Otter Lake or 13% of lake sales.

Unit Sales:

2011- 15
2012- 23

Average Sale Price:

2011- $251,157
2012- $337,604

Median Sale Price:

2011- $202,500
2012- $295,000

Sales Volume:

2011- $3,767,352
2012- $7,764,900

Foreclosures (units):

2011- 5
2012- 3

Short Sales (units):

2011- 2
2012- 0

There are currently 8 active listings on Sylvan and Otter Lake– ranging in asking price from $95,000-$725,000. 1 short sale and the rest are normal listings.

Sylvan and Otter Lake is a 530 acre all sports lake located in Waterford and West Bloomfield Townships and the Village of Sylvan Lake, MI.

Compliments of Jackie Hawley of the JHawley and Associates Real Estate Team at ReMax Encore in Clarkston MI.

Cell: (248)736-6407

Jackie@JackieHawley.com

www.SearchMichiganMLSListings.com

Sylvan and Otter Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

www.MacedayLake.com

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

www.MiRelocation.com

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Lake Oakland Lakefront Sales– Prices Continue to Climb!

Just like the rest of the North Oakland County area- home prices on Lake Oakland are up and there is a real lack of active listings available.

Unit sales are up, average sales price is up, median sales price is up, total sales volume is up…. the amount of distressed sales are down!

Units sold:

2010: 14 2011: 12 2012: 17 (as of Dec, 4)

2010: sale prices ranged from $95,000-$300,000
2011: sale prices ranged from $98,700-$560,000
2012: sale prices range from $55,000-$825,000

Average Sales Price:

2010: $194,677
2011: $223,320
2012: $313,341

Median Sales Price:

2010: $197,050
2011: $181,000
2012: $245,000

2010: 6 bank owned and 3 short sales
2011: 5 bank owned and 1 short sale
2012: 3 bank owned and 0 short sales

There are currently only 6 active listings on all sports Lake Oakland ranging inm price from $260,000-$1,599,000 and none are distressed sales.

Lake Oakland is located in Waterford and Clarkston MI in North Oakland County Michigan. It is a 235 acre all sports lake that connects via canal to all sports Woodhull Lake. Lake Oakland has always been a desirable lake to live on. In 2004 the losest price house sold through the MLS was $282,150 and in 2005 prices ranged from $250,000-$1,275,000.

Prices are on the rise but a great deal can still be had. Interest rates are still great and FHA will mortgage up to just under $300,000 and FHA 203K loan will allow for you to borrow for repairs at the same time.

Please don’t hesitate to contact me for additional information about homes on Lake Oakland.

If you are thinking of selling your Lake Oakland home, please call about my extensive marketing plan.

 

www.LakeOaklandHomes.com

www.MacedayLake.com

www.OaklandCountyMichiganLakes.com

www.ClarkstonMichiganRealEstate.com

www.SearchMichiganMLSListings.com

www.JHawleyAndAssoc.com

Jackie Hawley, Realtor ReMax Encore, Clarkston MI

www.MiRelocation.com

Jackie@JackieHawley.com

Cell: 248-736-6407

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