Average Sold Price for July 2016-2017 – Oakland Co. and Beyond
Let’s look at average sold price for July 2016-2017. A picture is worth a thousand words, as they say. Look above at the visual which hopefully gives you an idea as to what is happening in the local communities. We cover the following specific areas:
Lake Orion
Oakland Township
Rochester
Troy
As you can see, Royal Oak is the least expensive at this time with an average sold price of $256,745 in 2016 and in 2017, it was $270,091. That was a 5.19 percent increase in the Royal Oak community. The next in line is Lake Orion which saw a decrease in the average sold price. In 2016 it was $279,309 and in 2017 it was $277,403. So if you view the chart you will see some communities saw a slight decrease in the average sold price while others saw an increase in 2017. You have to look at other variables to get a larger view of each community. I’ll provide more statistics each week, but if you’d like to discuss a particular community please don’t hesitate to contact me. It’s what I’m here for.
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If we haven’t addressed a locale that is of interest to you, please let us know and we’ll try and include it in the future or you may contact us for a personal market analysis. We are here to help you with any AND all of your Rochester and beyond real estate needs!
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