Fenton Office: 810-629-1511 | Davison Office: 810-652-6525

Fenton, MI Real Estate | Legacy Realty ProsFenton, MI Real Estate | Legacy Realty Pros

Homes for Sale

  • Home
  • Property Search
    • Our Featured Listings
    • Our Open Houses
    • Advanced Search
    • Map Search
    • Search by Communities
      • Davison
      • Fenton
      • Grand Blanc
      • Hartland
      • Holly
      • Linden
    • Search by City
    • Address Search
    • Listing ID Search
    • Sold Legacy Listings
    • Email Update Signup
    • My Account
    • Luxury Homes
  • Agents
  • Resources
    • The Legacy Advantage
    • Research Communities
      • Davison
      • Fenton
      • Grand Blanc
      • Hartland
      • Holly
      • Linden
    • Real Estate Matchmaker
    • Buyer & Seller Guides
    • What’s My Home Worth ?
    • Mortgage Calculator
    • Attention Buyers
  • About
  • Blog
  • Communities
    • Davison
    • Fenton
    • Grand Blanc
    • Hartland
    • Holly
    • Linden
  • Contact

June 10th Market Update

Legacy Realty
Professionals, Inc.
June 10, 2020 Market Update

Many of our clients and friends are wondering about how the real estate market is doing since we were released from the Stay at Home Executive order. Since our local real estate market is not necessarily the same as the regional or national market; we thought it would be helpful to provide you with regular statistical updates and analysis to help you make financial decisions for your family. Fenton, Lake Fenton, and Linden School districts current market conditions are…

Active Homes for Sale
There are currently 176 homes on the market with an average asking price of $411,000. The number of available homes is down 14 homes over last week.

Pending Home Sales
There are currently 179 pending home sales with an average asking price of $289,000. This number is up 19 homes from last week and the average asking price is up $4,000.

Year to Date Closed Home Sales
There have been 253 closed sales with an average sales price of $254,000. As anticipated, this is down significantly from the same period last year. There were 377 closed sales with an average sales price of $279,000 during the same time frame in 2019.

Market Analysis
Buyers are purchasing existing inventory faster than new homes are coming on the market. They currently have 14 fewer homes to look at in these three school districts than they did one week ago and 20 fewer than two weeks ago. Our pending sales mirror this trend with 19 more pending sales than one week ago. Homes in reasonable condition and priced appropriately often have multiple offers within days of hitting the market. Sales are down by 33% year over year, but gaining momentum. While the affordable end of the market is very competitive, the market over $500k continues to lag. Closed sales in that category are still down 60% year over year.
For those considering selling, now is an excellent time. In our ongoing effort to help you plan for the future, we will be watching the market carefully and keep you posted.

Please feel free to reach out to a Legacy Professional with any real estate questions you may have.

All data is from the East Central Association of Realtors

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Posted in: Real Estate, Uncategorized

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Post navigation

« Market Update – 6-03-20
Exceptional Education »

Search for Homes

Advanced Search Map Search

Featured Properties

Vacant Land Petts Road $1,100,000

Vacant Land Petts Road Fenton Twp, Michigan

Beds 0 Baths Sq Ft 191.350 Acres

Vacant Land PETTS RD $1,100,000

Vacant Land PETTS RD Fenton, Michigan

Beds 0 Baths Sq Ft 191.350 Acres

$369,000

Flushing Twp, Michigan

Beds 0 Baths 2,352 Sq Ft 1.520 Acres

$349,000

Vienna Twp, Michigan

Beds 0 Baths 2,948 Sq Ft 1.650 Acres

9060 CALKINS Road $299,900

9060 CALKINS Road Clayton Twp, Michigan

4 Beds 2.1 Baths 2,934 Sq Ft 5 Acres

9060 CALKINS RD $299,900

9060 CALKINS RD Flint, Michigan

4 Beds 3 Baths 2,934 Sq Ft 5 Acres

$270,000

Flushing Twp, Michigan

8 Beds 4 Baths 2,352 Sq Ft 1.520 Acres

218 1st Street $250,000

218 1st Street Fenton, Michigan

Beds 0 Baths 2,000 Sq Ft 0.370 Acres

2304 Frances $250,000

2304 Frances Mount Morris, Michigan

10 Beds 4 Baths 2,948 Sq Ft 1.650 Acres

$250,000

Vienna Twp, Michigan

10 Beds 2.2 Baths 2,948 Sq Ft 1.650 Acres

717 W ROCKWELL Street $239,900

717 W ROCKWELL Street Fenton, Michigan

4 Beds 3 Baths 2,100 Sq Ft 0.250 Acres

717 W ROCKWELL ST $239,900

717 W ROCKWELL ST Fenton, Michigan

4 Beds 3 Baths 2,100 Sq Ft 0.250 Acres

15166 RESTWOOD DR $199,000

15166 RESTWOOD DR Linden, Michigan

2 Beds 1 Baths 1,305 Sq Ft 0.080 Acres

15166 RESTWOOD Drive $199,000

15166 RESTWOOD Drive Fenton Twp, Michigan

2 Beds 1 Baths 1,305 Sq Ft 0.080 Acres

10523 LINDEN RD $184,900

10523 LINDEN RD Grand Blanc, Michigan

2 Beds 2 Baths 1,100 Sq Ft 0.650 Acres

See More Listings

  • Unlimited Access
  • Free Daily Alert
  • Save Search Criteria and Properties
Sign Up
Already registered
Sign In

Free Real Estate Guides

Just fill out below!

  • This field is for validation purposes and should be left unchanged.

ABOUT LEGACY REALTY PROS

Legacy Realty Professionals, INC. has been around for years as a trusted source when it comes to buying, selling and relocating to Fenton, MI as well as Davison, Linden, Holly, Grand Blanc , Hartland and their surrounding areas.

Our Agents

CONTACT INFORMATION

    Fenton Office
  • Legacy Realty Professionals, Inc.
  • 526 N Leroy St.
           Fenton, MI 48430
  • 810-629-1511

    Davison Office
  • Legacy Realty Professionals, Inc.
  • 222 N Main St. Suite C
           Davison, MI 48423
  • 810-652-6525
© 2021 · Legacy Realty Pros |Terms And Conditions | Privacy Policy| Website & Marketing by nailsoupmedia | ADA Policy

ADA Compliance: In concurrence with the National Association of Realtors guidelines, Legacy Realty Pros and it's affiliates are committed to providing an accessible website. If you have difficulty accessing content, have difficulty viewing a file on the website, or notice any accessibility problems, please contact us at 810-652-6525 to specify the nature of the accessibility issue and any assistive technology you use. We strive to provide the content you need in the format you require.

Log in