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Independence Market Trends

Today, December 27, 2009

Independence Summary

The median sales price for homes in Independence MI for Sep 09 to Nov 09 was $265,000. This represents an increase of 31.8%, or $64,000, compared to the prior quarter and an increase of 90.6% compared to the prior year. Sales prices have appreciated 4.5% over the last 5 years in Independence.

The average listing price for Independence homes for sale on Trulia was $276,181 for the week ending Dec 16, which represents a decline of 1.4%, or $3,823, compared to the prior week and a decline of 2%, or $5,682, compared to the week ending Nov 25.

 

Average Listing Price in Independence

Embed Info
1 yr 5 yr Max
Independence average property price
Independence – number of properties
No. BedroomsWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
1 bedroom$198,8600.0%$198,860$198,860$198,860
2 bedrooms$123,126-5.9%$130,882$131,628$141,260
3 bedrooms$214,604-0.3%$215,187$214,555$209,181
4 bedrooms$320,814-2.1%$327,667$325,001$328,386
All properties$276,181-1.4%$280,004$280,428$281,863
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Homes for Sale in Independence

5965 Cummings Drive, Independence MI
5965 Cummi…
$138,900
3 br  1 ba
5239 Coulter Lake Boulevard, Independence MI
5239 Coult…
$144,638
 
5114 Indianwood Road, Independence MI
5114 India…
$99,900
 
10126 Cliff View Court, Independence MI
10126 Cliff…
$48,000
 
6434 Mockingbird Lane, Independence MI
6434 Mocki…
$125,000
3 br  2 ba
8504 Royal Woods Drive, Independence MI
8504 Royal…
$155,000
 
View all Independence Homes for Sale
 
Stats & Trends
Independence

Real Estate Overview

Market Trends

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Community Info

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  • 48346
  • 48348
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Nearby Cities

Cities
Median
sales price
Average
listing price
Clarkston
$152,065
$331,826
Waterford
$82,000
$172,314
Davisburg
$135,000
$236,737
Orion
$154,902
$203,250
Lake Orion
$125,000
$236,473
Pontiac
$69,387
$57,574
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Advice

Recent Q&A in Independence, MI

Q: I put an offer on a short sale property back in November. My husband and I decided to end our relationship with our agent and we have not been able 4 answers
Q: How do I qualify for a new loan if my house hasn't sold yet? 4 answers
Q: Iam trying to purchase a foreclosure without a furnace or hot water heater. how expensive would that be? 3 answers
Q: this is our first time buying a home , we need advise, is it a good time to buy or rent? if buy is what you would say, I'm loving this home 3796 9 answers
Q: We are in a home that would sell on a short loan, (the house wont appraise for what we owe) we want to purchase a home with a smaller mortgage. 5 answers

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Nearby Cities Real Estate

  • Clarkston Real Estate
  • Waterford Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Clarkston Home Prices
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Independence Stats & Trends

  • Independence Real Estate Overview
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  • Independence Home Prices
  • Independence Real Estate
  • Independence Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Independence real estate market. Find Independence properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Independence average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Independence housing statistics are available for each Independence, MI neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.