| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 48359 | $150,805 | -9.5% | $149,675 | $166,625 | $185,000 | Lake Orion | $119,015 | -26.4% | $132,518 | $161,655 | $214,000 |
Lake Orion, 48359 Market Trends
Today, November 26, 2009
Lake Orion, 48359 Summary
The median sales price for homes in ZIP code 48359 for Aug 09 to Oct 09 was $150,805. This represents an increase of 0.8%, or $1,130, compared to the prior quarter and a decrease of 9.5% compared to the prior year. Sales prices have depreciated 18.5% over the last 5 years in 48359, Lake Orion.
The median sales price of $150,805 for 48359 is 26.71% higher than the median sales price for Lake Orion MI. Average listing price for homes on Trulia in ZIP code 48359 was $193,121 for the week ending Nov 18, which represents a decline of 4.5%, or $9,079 compared to the prior week and a decline of 3.7%, or $7,470, compared to the week ending Oct 28. Average price per square foot for homes in 48359 was $76 in the most recent quarter, which is 12.64% lower than the average price per square foot for homes in Lake Orion.
| Location | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| 48359 | $193,121 | -4.5% | $202,200 | $200,808 | $200,591 | Lake Orion | $239,435 | +4.6% | $228,802 | $230,611 | $234,679 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 48359 | $76 | -26.9% | $80 | $104 | $137 | Lake Orion | $87 | -13.9% | $94 | $101 | $136 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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