Feeds:
Posts
Comments

Posts Tagged ‘lake orion mi’

(more…)

Read Full Post »

The average sales price for lakefront home sales in the Clarkston/Waterford area so far this year is up 16.7% from the same time period last year and up 23.9% from 2009. Something freaky happened  in 2010 with a jump in price, but prices so far in 2012 are up 7.1% from that spike in 2010.

Unit sales are up 12.8% from last year and almost double the amount of sales for the same time frame in 2009.

Sales volume in 2012 is up $9,807,650 from 2011 and up $21,712,420 from 2009.

A search in Orion/Oxford/Addison sold lakefront homes also showed an increase in sales: Average sales price in 2012 is up 8.4% from last year, units are up 8% from last year and there has been over $2 1/2 million in sales from last year.

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

www.MiRelocation.com                   www.LakeOaklandHomes.com

                 www.MacedayLake.com

www.SearchMichiganMLSListings.com

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

 

Read Full Post »

Bald Mountain Recreation Area, Lake Orion MI

Bald Mountain Recreation Area is comprised of 4 separate parcels totaling 4637 acres in Orion and Oakland Townships. Click here for map. This unique property is open to the public by permit and consists of 15 miles of biking trails, 7 miles of snowmobile trails, 8 miles of trails groomed for cross country skiing, picnic areas, a shooting/archery range. There’s a sandy beach and swimming on Lower Trout Lake. Inland lakes offer fishing and Trout Creek and Paint Creek are designated trout streams. The park is open to hunting during regular seasons from Sept. 15 until March 31.

Because of the unique positioning of the 4 parcels, you’re just minutes from state land from just about anywhere in Lake Orion. Several subdivisions butt up to Bald Mountain, and even more neighborhoods within walking distance.

Thinking about moving to Lake Orion, Michigan? Please don’t hesitate to contact me for more community information or for help finding that new home.

Search the MLS

Friendship Park, Lake Orion MI

Orion Oaks Park, Lake Orion MI

Homes for Sale in Lake Orion MI

Jackie Hawley, Realtor
ReMax Encore, Clarkston

Cell: 248-736-6407

Jackie@JackieHawley.com

www.MiRelocation.com

Read Full Post »

All Sports Lake Orion- Lowering Lake Levels for the Fall

Lake levels on Lake Orion have been reducing since September 10 and will drop a total of 3 feet for repairs, maintenance and inspections. Lake Orion is typically lowered about a foot for the winters, but every 5 years the level is dropped about 3 feet. This allows homeowners to work on their sea walls and allows for the township and village to inspect their bridges and dam.

The lake will re-fill naturally and should be back to normal winter levels by November 1 before hibernating animals (frogs, turtles, etc.) head underground for the winter. The Village of Lake Orion will hire the DEQ to inspect the dams and a private consultant or engineer to inspect the Lake Orion Bridge.

Would you like to live on All Sports Lake Orion?

Homes for Sale on Lake Orion

Search the MLS

Thinking of selling you Lake Orion home?

Preparing Your Home for Sale

Why List With Jackie Hawley

My Marketing Plan

Jackie Hawley
ReMax Encore, Clarkston MI
Jackie@JackieHawley.com

www.MiRelocation.com  

Cell: (248)736-6407

Read Full Post »

Lake Orion MI Homes For Sale There are currently 20 homes for sale in Lake Orion and Orion Township with asking prices between $200,000-$300,000- many which can go FHA requiring as little at 3 ½% down. A couple are lakefronts. One is on acreage. Some are new construction. Interest rates are low and mortgages ARE NOT impossible to get. Lenders ARE lending.

Call Jackie for a list of homes for sale inLake Orion MI(248)736-6407

Lake Orion Michigan Homes For Sale

Search The MLS- No Registration Required

If you would like a more custom search or information about buying real estate in this buyer’s market please call:

Jackie Hawley

Keller Williams Realty, Clarkston MI

Cell: (248) 736-6407

Jackie@JackieHawley.com

Buying Real Estate In Oakland County Michigan

Writing the Offer

Financing

The Home Inspection

Foreclosures and Short Sales 

Read Full Post »

Lake Orion MI 2010 Sales Price Up! Inventory Low!

The year ending sales data for Lake Orion MI are preliminary since there were pulled from the MLS on Jan 6, 2011. There is a good possibility some late reported sales will come straggling in over the next few weeks. But as it stands now the unit sales for 2010 were the same as in 2009 (377 units) and up 20 units from 2008. The median sales price was up slightly but the average sale price was down a bit and the total dollars in closed sales was down from 2009.

Median Sales Price 2009 was $150,000
Median Sales Price 2010 was $152,000

Average Sales Price 2009 was $166,791
Average Sales Price 2010 was $158,535

Total Volume in 2009 was $62,880,360
Total Volume in 2010 was $59,767,780

Bank owned sales were down from 2009: 174 units in 2009 and 144 in 2010. There was an increase in short sale closings: 32 in 2009 and 74 in 2010.

The current inventory is low. 128 active listings on 1/4/2011 or a 4 month supply. On Jan 18, 2010 there were 188 active listings or a 6 month supply.

The best way to determine how a specific subdivision or neighborhood is doing is to contact me for a market analysis or for a more general idea of neighborhood prices check out the neighborhood pages linked below.

Individual Neighborhood Sales and Community Information

Jackie Hawley
Keller Williams Realty

cell: (248)736-6407

Jackie@JackieHawley.com

www.MiRelocation.com

Read Full Post »

The Preserve, Lake Orion MI- Are Prices Rebounding?

the preserve lake orion miThe Preserve is a very nice neighborhood in southern Lake Orion with easy access to I-75. Some of the many amenities that make The Preserve desirable are city water and sewer, sidewalks, subdivision lake, club house with a swimming pool, tennis courts and play ground area. The sub is also surrounded by woods which added value to the perimeter lots when build jobs were sold; value that seems to have stuck to the homes even in the current housing market.

The home values in The Preserve were hit hard just like the rest of Lake Orion. Many of the homes sold new in 1996-1998 with prices ranging at that time throughout the $200’s with an occasional home selling in the low $300’s.

In 2005 home prices ranged from $287,000-$372,000 and in 2003 and 2004 a couple homes sold in the low $400’s. This year prices have ranged from $155,000-$285,000.

So now you may be asking yourself- “Where does the title of this blog post come from?”

After 2005 prices were on a downward trend all over Lake Orion and The Preserves was no different. Prices steadily declined every year after 2005….. Until 2010. It appears that in many neighborhoods prices are starting to stabilize and the same is holding true in The Preserve. In fact, due to the lack of foreclosures in The Preserve, home prices may actually be arching the other way.

First let’s compare 2008 and 2009 home sale prices.

In 2008 there were 4 sales in The Preserve ranging from $255,000-$275,000. All selling for pretty close to what they sold for new. None of the 4 sales in 2008 were bank owned or short sales.

Prices dropped hugely from 2008 and 2009 with 6 sales in 2009 ranging from $211,000-$260,000 with no bank owned sales and 1 short sale.

Now comes 2010. One of the differences in 2010 was there was 1 bank owned home and 2 short sales. The 3 distressed sales in 2010 were of course the 3 lowest priced sales ranging from $155,000-$211,000. Now let’s compare the non-distressed home sales between 2009 and 2010.

There were 5 non-distressed home sales in The Preserve in 2009
There were 7 non-distressed home sales in The Preserve in 2010

2009 sale prices ranged from $211,000-$260,000
2010 sale prices ranged from $215,000-$285,000

2009 price per square foot ranged from $89/sq. ft. to $110/sq. ft.
2010 price per square foot ranged from $91/sq. ft. to $108/sq. ft.

A little deeper look at prices show that in 2009 there was only 1 home that sold for more than $100/sq. ft. where as 5 houses broke the $100/sq. ft. price point in 2010. Even the 3 distressed sales in 2010 ranged from $82/sq. ft. to $96/sq. ft.

The price differences in the non distressed sales in 2010 seem to be the same as in the past- location within the sub a primary factor in sale price and walk out basement also adding to value.

As of December 24, 2010 there were no sales pending and one active listing with an asking price of $299,900. If you currently live in The Preserve you can only hope they get pretty close to that price.

If you are considering buying in The Preserve you might want to get off the fence and contact your agent (preferably ME) and start a daily update for new listings. As agents we are able to check individual neighborhoods on a daily basis. Personally, I check ALL new listings and status changes for Lake Orion on a daily basis. Knowing my market is part of my job.

For a detailed breakdown of home sales in The Preserve please visit The Preserve page of my web site.

Search The MLS

Oakland County Michigan Neighborhoods

Oakland County Michigan Lakefront Homes for Sale

Oakland County Michigan Lake Information

Read Full Post »

Older Posts »