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Shelby Market Trends

Today, December 10, 2009

Shelby Summary

The median sales price for homes in Shelby MI for Nov 06 to Jan 07 was $126,000. This represents an increase of 0%, or $126,000, compared to the prior quarter and an increase of 0% compared to the prior year. Sales prices have depreciated 70.2% over the last 5 years in Shelby.

The average listing price for Shelby homes for sale on Trulia was $215,622 for the week ending Dec 02, which represents an increase of 0.5%, or $1,072, compared to the prior week and an increase of 0%, or $16, compared to the week ending Nov 11.

 

Average Listing Price in Shelby

Embed Info
1 yr 5 yr Max
Shelby average property price
Shelby – number of properties
No. BedroomsWeek ending
Dec 2
w-o-wWeek ending
Nov 25
Week ending
Nov 18
Week ending
Nov 11
1 bedroom-----
2 bedrooms$131,312-1.1%$132,828$130,017$117,242
3 bedrooms$208,899-0.6%$210,249$222,814$220,877
4 bedrooms$305,610+0.9%$302,864$328,619$335,046
All properties$215,622+0.5%$214,550$224,260$215,606
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Homes for Sale in Shelby

4084 South Ottawa Trail, Shelby MI
4084 S Ott…
$294,900
3 br  2 ba
279 Kelly Street, Shelby MI
279 Kelly…
$25,000
3 br  2 ba
4890 West Shelby Road, Shelby MI
4890 W She…
$109,900
4 br  2 ba
1700 North 64th Avenue, Shelby MI
1700 N 64th…
$159,000
3 br  2 ba
1723 West Warren Road, Shelby MI
1723 W War…
$97,000
3 br  2 ba
3564 South Water Road, Shelby MI
3564 S Wat…
$130,000
4 br  4 ½ ba
View all Shelby Homes for Sale
 
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Shelby

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Montague
$74,900
$308,836
Whitehall
$540,000
$211,910
Holton
$67,093
$110,768
Twin Lake
$75,000
$146,155
Fremont
$220,000
$192,715
Muskegon
$70,461
$137,157
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Advice

Recent Q&A in Shelby, MI

Q: what are sold prices in Shelby, Michigan (NOT Shelby Township)? 1 answer
Q: How do I get a hold of an Agent about one of your listings? 4 answers
Q: Is it worth investing in my modular home to sell? 2 answers
Q: Do you feel the Resort/Waterfront market in Western Michigan is staying strong through our current economy? 4 answers
Q: I am looking for a land contract home in the rothbury, montague, whitehall area preferably under $60,000. 4 answers

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Nearby Cities Real Estate

  • New Era Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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  • Shelby Home Prices
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Our real estate market trends page gives you a valuable overview of the Shelby real estate market. Find Shelby properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Shelby 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 Shelby housing statistics are available for each Shelby, 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.