Copyright©2006 - 2008

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