Oxford MI home sales - The amount of units sold and the average sales price was about the same in 2015 as in 2014. The median sales price was up a bit. Distressed sales were down. Houses sold within 3% of asking price on average.

Over the next few weeks, I will be blogging about Oxford MI sales in more detail and they will display at the bottom of this page.

For a more accurate look at what your house may be worth you need to look more locally; I have a handful of subs and several lake communities linked below with current sales data.

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Oakland County Lakes

Below are some charts and graphs with Oxford MI/Oxford Township sales data.

Jackie Hawley
Coldwell Banker Professionals
Cell: (248) 736-6407

Jackie@JackieHawley.com

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You can see from the charts below, the average sales price every month in 2013 beat the same month from the previous year.

When you compare 2012 to 2011 you can see the lines criss crossing, but 2012 prices were higher than 2011 more times than not.

When you compare 2010 and 2011 (below) you get a criss crossing but with 2010 coming out on top more than 2011 indicating 2010 through 2012 were stabilizing with improvement.

Prices have been increasing and more higher dollar homes have been selling. There has also been a huge reduction in distressed home sales (short sales and foreclosures). Distressed sales only made up about 25% of the total sales in 2012; in 2009 distresses sales made up 58% of the total sales in Oxford MI. Low inventory is also contributing to the rise in home prices. On Feb. 20, 2014 there were only 103 active listings- that's about a 3 month inventory.

Prices have continued to escalate into 2014. January sales are up by a couple units, over a half million in volume and the average sales price is up a little over 3 1/2%. Hopefully this continues through the year and beyond.

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Through the first half of 2014 Oxford MI home sales prices are up- both average and median sales price. Unit sales however are down slightly.