February 2012

There are 2 blog entries for February 2012.

Silver Lake Michigan - Jan 2012 Sold Properties

Wednesday, February 29th, 2012 at 3:29pm. 97 Views, 0 Comments.

There was only one closing in January in the Silver Lake area (Mears zip code 49436), but it was a big one!

SOLD Properties      
Address City Bd Bth SqFt LotSz Sale Price
8417 W Harrison Mears 5 3 (3 0) 1,982 5.200ac 490,000

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Silver Lake Michigan Real Estate Stats - 2011 Sold Data Analysis

Friday, February 3rd, 2012 at 7:12am. 117 Views, 0 Comments.

Last Year, there were 32 homes sold in the Silver Lake, Mears Michigan area (49436 Zip Code).  They ranged in price from $30,000 to $399,900.  The average home sold for $125,510 in 182 days at 97.1% of full listing price.  There are currently 42 homes on the market, so that calculates into about 16 months of supply.  With this much "supply," it is important to price a home appropriately in order to sell it in a reasonable amount of time.  A deeper look into the numbers reveals that although the average home sold for 97% of the listing price, the original asking price was higher.  The average home sold for 91% of the original list price.

 

2011 Silver Lake Real Estate Sales

Address     Sales…

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