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Posts Tagged ‘lake oakland real estate’

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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Lake Oakland Lakefront Real Estate- Rising Prices- Low Inventory

So far there have been 4 closed sales this year on Lake Oakland in Clarkston and Waterford MI with prices ranging from $245,000-$751,871 with an average sales price of $414,218.

Last year the average sales price on Lake Oakland was $223,320 and in 2010 the average sales price was $194,677.

3 of the 4 sales this year were “normal” sales with only one bank owned home compared to last year when half the sales on Lake Oakland were distressed sales and 64% of the sales in 2010 were distressed sales.

Houses are selling quickly and close to asking price. I had a buyer client get into a bidding war a couple weeks ago and our over asking price offer with a very strong buyer lost out.

There are currently 8 sales pending and 8 active listings on Lake Oakland.

For More Information About Lake Oakland

Oakland County Lakes

Search The MLS

Selling Your Lake Oakland Home

Jackie Hawley

ReMax Encore

Cell: 248-736-6407

Jackie@JackieHawley.com

www.MiRelocation.com

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Lake Oakland Lakefront Real Estate Sales

Lake Oakland Clarkston Michigan Lakefront real estate Waterford MichiganLake Oakland is a 235 acre all sports lake in Waterford and Independence Townships in North Oakland County Michigan. The lake is located north of Walton Blvd and between Sashabaw and Clintonville Roads. Lake Oakland is about 65 feet at its deepest and is connected via canal to Woodhull Lake. There is a public access at the end of Dill Rd. 

Lake Oakland,has always been a desirable lake to live on. In 2004 the lowestLake Oakland Clarkston Michigan Lakefront real estate Waterford Michigan price house sold through the MLS was $282,150. In 2005 prices ranged from $250,000 – $1,275,000. In 2009 prices ranged from $50,000 – $655,000.

There were 14 sales in 2010- 6 bank owned, 3 short sales and 5 regular sales. 2 of the 5 regular sales were houses that had sold earlier in the year as foreclosure listings then fixed up and re-sold. Sale prices ranged from $95,000-$300,000 with the high per cent of distressed sales accounting for the low prices (or great deals if you are on the buyer side of the transaction).

There are currently (7/21/2011) 5 homes for sale- all “regular sales” with asking prices ranging from $199,900-$790,000.

Please don’t hesitate to contact me for additional information about homes for sale on Lake Oakland. With prices so low, now is a good time to buy a cottage or upgrade to that lake house. Interest rates are still great. FHA will mortgage up to just under $300,000 and FHA 203K loan will allow for you t borrow for repairs at the same time.

Selling- for the Non Distressed Seller

More Lakefront Info

Search the MLS

Jackie Hawley
Keller Williams Realty, Clarkston MI

Cell: (248)736-6407
Jackie@JackieHawley.com
www.MiRelocation.com

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