Summer is starting to wind to a close and with it comes the September 2022 market update for Oakland County. The August 2022 market stats reflect more active homes for sale than last year. Inventory has inched back up a bit with around 283 more homes available on the market than August 2021. That is […]
Category Archives: Market Intel
Second Quarter 2022 Market Recap- Oakland County
Is the Housing Market About to Crash?
Is the Housing Market about to crash? What is going to happen to your home value? Whether we spoke 20 minutes or 20 years ago, you’re our client, and we care deeply about you and your real estate investments. There is a lot of yelling, crying, and general gnashing of teeth over the current changes in […]
May 2022 Oakland County Market Update
Summer is quickly approaching and with it comes the May 2022 market update for Oakland County. The May 2022 market stats reflect more active homes for sale than last year. Inventory has inched back up a bit with around 220 more homes available on the market that May 2021. That is an 11.34% increase in […]
April Market Update Oakland County 2022
The April 2022 market stats reflect fewer active homes for sale compared to April 2021. The gap is smaller than we have seen in previous market updates (click to read more). There is a 10.15% decline from the previous year. April’s sales are also down from 2021 by 17.69%. The list-to-sale price ratio has […]
First Quarter 2022 Market Recap- Oakland County
Spring is officially here and the end of the first quarter comes as well. Here is the market recap for Oakland County. How did Q1 2022 hold up against Q1 2021? Low inventory and fluctuating mortgage rates were defining features for most of 2021 and it has carried over into 2022. For Oakland County, the […]
February 2022 Market Update Oakland County
The February 2022 market stats reflect fewer active homes for sale compared to February 2021. There is a 14.36% decline from 2021 to 2022. February’s sales are down from the previous year by 9.76%. If you are interested in following the current market trends, check out our previous updates in the market intel section. […]
January 2022 Market Update for Oakland County
The January 2022 market stats reflect fewer active homes for sale compared to January 2021. There is an 18.25% decrease year over year. In addition, January’s sales declined by 14.4%. The deficits have been growing smaller over the last few months (check out our previous market updates!) On the other hand, the list-to-sale price […]
December Market Update Oakland County 2021
The December market stats reflect fewer homes available compared to the previous December. There is a 31.79% decrease in inventory year over year. In addition, December’s sales declined by 29.97%. On the other hand, the list-to-sale price ratio in December was a bit higher than last’s average with a 0.8% increase. The current average […]
Fourth Quarter 2021 Market Recap Oakland County
2022 is officially here and with it comes the 2021 fourth-quarter market recap for Oakland County. How did Q4 2021 hold up against Q4 2020? 2021 saw buyer frustration, tons of showings, and multiple offers. 2020 battled with the uncertainty of COVID-19 and how it would reflect in the real estate market. For Oakland County, […]