Sold Homes in Area

Sold this month

Township/Address Listed Price Sold Price % of DOM SEV Sold $ as SEV

list Multiple

HIGHLAND TOWNSHIP

* 1800 Lombardy $ 79,900 $ 77,000 96 225 $ 93,470 .8238

* 3987 Hillcrest 78,900 81,350 103 146 63,730 1.2765

* 3026 White Oak Bch 189,900 167,000 88 55 128,580 1.2988

2324 Foxfeld LN 169,000 169,000 100 16 93,980 1.7983

360 Maplegrove 174,900 172,000 98 225 88,050 1.9545

1427 S. Lakeview LN 200,000 174,000 87 47 126,050 1.3804

2480 Foxfield LN 219,000 208,200 95 26 106,970 1.9463

479 Timber Ridge Dr 224,900 238,000 106 82 161,580 1.4730

* 773 Adam Ct 249,900 249,500 99 42 162,750 1.5330

3693 Woodland Dr 279,900 269,000 96 13 130,120 2.0673

601 Allen Dr 285,000 275,000 96 81 148,270 1.8547

805 Waterbury Rd 349,900 305,000 87 546 206,150 1.5523

1691 Percy 399,000 320,000 80 62 172,400 1.8561

* 4400 Stoney Acres LN 310,000 327,515 106 9 267,460 1. 2245

2236 Wildflower LN 629,500 590,000 94 271 304,480 1.9377

AVE - 1.5985

COMMERCE TOWNSHIP

* 3296 Brookneal St 74,900 77,500 103 7 74,640 1.0383

* 2460 Massena St 92,500 92,500 100 11 82,920 1.1155

* 1108 Penarth Ct 99,900 98,000 98 10 90,820 1.0790

1759 Ashstan Dr 144,900 131,000 90 80 84,290 1.5542

* 9451 Newton Ct 139,900 145,000 103 26 97,860 1.4817

* 1937 Kirkland Ct 169,900 160,000 94 183 105,200 1.5209

2000 Glen Iris Dr 175,000 175,000 100 85 114,920 1.5228

598 Creedmore St 199,000 180,000 90 50 118,500 1.5190

9074 Lyniss Dr 184,900 183,000 99 141 107,280 1.7058

* 2496 Marion Acres St 204,900 198,000 97 159 130,490 1.5174

4615 Commerce Woods Dr 229,900 220,000 96 35 138,620 1.5871

5630 Huron Hills Dr 279,900 264,000 94 1082 157,970 1.6712

* 2407 Yasmin Dr 274,900 274,900 100 5 207,030 1.3278

1857 Twin Sun Cir 289,900 275,000 95 26 167,210 1.6446

1749 Rico Rd 324,900 295,000 91 539 210,960 1.3983

1921 Hampshire Ct 348,500 330,000 95 45 185,720 1.7769

3266 Estate View Ct 365,000 335,000 92 132 205,440 1.6306

1915 Applebrook Dr 379,900 350,000 92 108 215,220 1.6262

2008 Tranquil Ct 374,900 360,000 96 82 241,530 1.4905

8774 Portlock Ave 424,900 412,500 97 96 209,600 1.9680

4659 Ravinewood Dr 459,900 450,000 98 209 265,710 1.6936

4216 Driftwood Dr 649,900 610,000 94 147 457,960 1.3320

721 Elderberry Ct 734,000 670,000 91 400 284,980 2.3510

8316 Lake Pine Dr 1,150,000 700,000 61 2,916 389,440 1.7975

AVE - 1.5562

WHITE LAKE TOWNSHIP

* 4985 Lakeborn Dr 69,900 61,500 88 101 71,020 .8660

* 915 Farnsworth St 61,750 67,240 109 120 78,290 .8589

* 9730 Mandon St 129,900 87,500 67 170 114,380 .7650

5108 Lindholm Dr 105,000 102,000 97 463 68,370 1.4919

* 10611 Estola St 124,900 124,900 100 6 113,890 1.0967

* 9091 Gale Rd 149,900 135,000 90 27 109,010 1.2384

* 4249 Stison View Ct 174,900 140,000 80 250 123,440 1.1342

9300 Steephollow Dr 168,000 159,000 95 416 143,400 1.1088

8786 Sierra Ct 184,900 183,000 99 607 115,830 1.5799

1753 Ladue 199,900 185,567 93 471 104,840 1.7700

* 9563 Shelby Dr 198,500 190,000 96 28 156,600 1.2133

* 9653 Shelby Dr 194,900 196,000 101 18 145,710 1.3451

* 7453 Ellingrove Dr 214,900 200,000 93 172 130,780 1.5293

4295 Laura LN 209,900 209,000 99 433 127,570 1.6383

* 3064 S Quarry Creek CT 214,900 217,500 101 131 143,390 1.5168

227 Melinda Cir 224,900 226,400 24 24 124,980 1.8115

6299 High Valley Ct 259,900 250,000 96 620 196,960 1.2693

* 2085 Arapahoe Basin LN 269,900 260,000 96 69 159,100 1.6342

5303 Cooley Lake Rd 297,000 270,000 91 694 170,410 1.5844

640 Sunset 299,900 275,000 92 391 156,400 1.7583

8570 Jamestown Dr 299,900 275,000 92 217 172,940 1.5901

627 Hilltop Dr 350,000 307,000 88 330 266,110 1.1537

910 Pembroke Dr 399,900 340,000 85 346 - -

10399 Cedar Point Dr 379,000 370,000 97 136 199,410 1.8555

4326 Jackson Blvd 449,000 425,000 94 372 -

1054 Beach Island Ct 499,900 430,000 86 127 344,180 1.2493

AVE - 1. 3726

MILFORDTOWNSHIP

* 2870 Rae Lynn LN 199,000 191,500 96 86 137,430 1.3934

3042 Autumn Ct 240,000 230,000 96 321 166,200 1.3839

2605 Childs Lake Rd 299,900 280,000 93 96 146,670 1.9090

1888 Hidden Valley Dr 289,900 289,900 100 351 202,510 1.4315

*3232 Hanover Dr 355,900 320,000 90 24 220,190 1.4533

855 W Buno Rd 350,000 325,000 93 110 123,160 2.6388

*3113 Foxfire Dr 390,450 385,000 99 205 277,880 1.3855

2780 Shadow LN 499,900 450,000 90 394 280,570 1.6039

AVE - 1.6499

MILFORD VILLAGE

964 Abbet LN 209,900 212,500 102 19 87,880 2.4181

998 Winding Way 424,800 395,000 93 20 203,120 1.9447

NOTE: When Seller’s Concessions are involved the sold price can appear to be at or even more than the asking price. The actual money going to the seller is likely 3% less than the apparent sold price, which is the limit of how much those concessions can be. In a more balanced market, one would expect to see the sold vs. Listed percentages to be around 97% for all of the houses. A well priced house - one where price asked and the market’s perception of the value of the property will normally sell for between 97-98% of asking price.

Archive of sold homes reports -September, 2007, October, 2007 November, 2007 December, 2007

January, 2008 February, 2008 March, 2008 April, 2008 May, 2008

What has sold in this area recently

Report last updated on June 29, 2008

This report is a running list of the homes that have sold in the Milford, Commerce, White Lake and Highland Townships - areas that I track. I decided to track only those homes that are in the Huron Valley School District this year, since people living in those homes might associate most closely with Milford. I’ve added the SEV multiple calculation to show the sold price as a multiple of the SEV price. A few years back those numbers would have all been above 2.0 - not any more Lately about 15-20% of the homes that have sold have been foreclosures, which I show with the * sign in front of the address. I’ve also added the Days On Market to the report, so that you get a feel for how long it is taking to sell in these areas. For a broader look at the market, check out the Market Statistics from our sister site - www.themilfordteam.com - which reports statistics on these townships, plus West Bloomfield.

Y-T-D Sold Stats

As of June 29, 2008 the Year to Date statistics for the 420 sold homes in this are a are as follows:

Average List Price - $237,022 Average Sold Price - $222.452

Median List Price - $199,900 Median Sold Price - $190,000