For the purposes of defining North Oakland I searched Groveland Township, Brandon/Ortonville, Oxford, Addison/Leonard, Springfield Township, Independence/Clarkston, Orion/Lake Orion. I put a bottom end price of $10,000 to eliminate most, if not all, of the rental properties. And I searched residential real estate- no condos, commercial or vacant land. Residential does include site condo homes- site condo is just a zoning not much different than a home in a platted sub.
2014 overall unit sales in North Oakland County were down 3% from 2013, but when I backed out distressed sales (foreclosures and short sales) unit sales were up 12% from 2013. Average and median sales prices were up. Sales volume was up. Distressed sales were down. Distressed sales were down a lot and are continuing to go down. Probably one of the biggest reasons sales prices are up.
Distressed sales made up 12% of the total sales in North Oakland County in 2014, 25% of the total sales in 2013, 42% of the sales in 2012. 2009, 2010 and 2011 distressed sales were more than half the total sales. January of 2015 distressed sales only made up 8% of the total sales in North Oakland County.