All Things Real Estate in N Oakland and Lapeer Counties
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Oxford MI Home Sales

Oxford MI home sales - Unit sales have been down a bit each year from the previous year for the past few years, but I think this has been mostly due to a lack of inventory. Because of the lack of inventory prices are way up- average sale price was up 15% from last year and 28% from 5 years ago. The average sales price in 2016 was just under $266K and $368,567 in 2021- or a profit of $102,690. If the house was mortgaged at 20% down that would be a $54,000 investment to make over a hundred thousand dollars. Most of the time they are selling quickly with an average time on the market of 24 days. We are seeing more incentives in more sales such as free possession after closing.

If you are considering selling, now is a good time to call me for a free market analysis. Prices have pretty much been soaring and right now is a very hot market for sellers. But with talk of raising the interest rate there might not be such the rush to compete for new listings when everybody sees their buying power decrease.

Oakland County Neighborhoods

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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Oxford MI Home Sales

year       

units sold      

avg sale price

median sale price
2021 326 $368,567 $351,250
2020 339 $312,756 $305,000
2019 372 $307,260 $285,500
2018 395 $300,513 $274,100
2017 393 $278,897 $258,000
2016 386 $267,092 $252,410
       

2000

222

$216,693

 

2001

234

$243,161

 

2002

196

$243,309

 

2003

259

$242,314

$219,900 

2004

293

$256,147

$227,500

2005

276

$278,928

$251,000

2006

180

$266,157

$237,450

2007

183

$242,553

$218,450
2008 216 $206,882 $186,738
2009 247 $164,632 $140,000
2010 309 $167,014 $155,000
2011 284 $154,205 $145,000
2012 280 $171,612 $169,950
2013 346 $216,484 $209,950
2014 382 $245,521 $226,000
2015 383 $244,108 $235,000

oxford mi average sale price

oxford mi sales volume