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Vance Shutes' Blog

By Vance Shutes | Broker in 48176

Saline Sales report for May 2009

Here’s the latest Saline Sales report for May 2009.  This is an update to my regular market report which I report around the middle of the month.  If you are interested in Saline real estate, here’s what happened in May 2009.

Saline Homes

Active

Sold

Lowest

Highest

Months of Supply

City of Saline

78

7

 $ 74,000

 $ 212,500

11.1

Lodi Township

68

5

 $245,500

 $2,500,000

13.6

Pittsfield Township

76

5

 $187,000

 $  549,574

15.2

Saline Township

16

0

$   -  

$ -  

York Township

46

2

 $259,000

 $  355,000

23.0

Totals

284

19

14.9

 

We’re now beginning to see the usual increase in homes listed for sale in the “Spring” market, with the number of listings increasing by 20 homes in May.  What’s more distressing, though, is that the number of homes sold fell from 24 in April to 19 in May.  It’s not as though we had bad weather in May, which kept buyers away.  We’ll have to look for improvement in June.

Now, let’s look at Saline condos.

Saline Condos

Active

Sold

Lowest

Highest

Months of Supply

City of Saline

29

0

 $     -  

 $    -  

Lodi Township

8

0

 $     -  

 $    -  

Pittsfield Township

9

0

 $     -  

 $    -  

Saline Township

1

0

 $     -  

 $    -  

York Township

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