Sold Homes in Area

Sold this month

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

list Multiple

HIGHLAND TOWNSHIP

* 2710 Davista Dr $ 38,000 $ 34,000 89 22 $ 66,210 .5135

* 3442 Pleasant View Dr 49,900 49,000 99 78 67,700 .7238

* 3780 Woodland Dr 49,900 50,000 100 90 64,730 .7724

* 3510 Mapleridge 58,900 51,000 86 356 120,760 .4223

* 2440 Willow Ln 59,900 57,900 97 28 79,660 .7268

3365 Lakeview Dr 79,900 69,500 87 329 71,760 .9685

* 2520 Jackson Blvd 99,500 85,900 86 178 136,810 .6279

* 2438 Huff Pl 124,000 117,500 95 55 102,210 1.1460

* 3665 Heritage Farms Dr 136,900 134,900 99 77 91,650 1.4719

3450 Clarice Ave 159,900 152,000 95 69 105,440 1.4416

4265 Hunters Dr 178,900 152,000 85 39 86,390 1.7595

* 2105 Timber Ridge Ct 184,500 173,000 94 65 162,700 1.0633

2085 Horseshoe Dr 158,900 175,000 110 134 173,570 1.0082

4015 Chevron Dr 250,000 208,000 83 35 170,480 1.2201

59086 Carriage Ln 219,900 209,900 95 154 135,920 1.5443

* 513 Gleneagles 230,000 215,000 93 50 162,010 1.3271

* 2627 Overbrook 299,500 252,000 84 98 232,510 1.0838

* 2670 Vero Dr 389,900 390,000 101 119 360,910 1.0806

3089 Hickory Stone Ln 450,000 425,000 94 85 334,570 1.2703

COMMERCE TOWNSHIP

* 3291 Melmoor St 33,700 20,500 61 98 54,230 .3780

* 9608 Garden Ter 29,900 32,900 110 12 54,700 .6015

* 8835 Orrick St 49,900 42,000 84 30 57,250 .7336

3201 Mandrake St 59,900 60,000 100 72 46,820 1.2815

* 1250 Welch Rd 84,900 68,000 80 52 91,430 .7437

* 9181 Tanbay St 64,500 70,000 109 16 137,540 .5089

* 2550 Little Trail Rd 74,900 74,900 100 62 90,740 .8254

* 1865 Kinsel Ct 105,000 107,000 102 20 112,910 .9477

2860 Red Arrow Dr 109,000 109,000 100 381 96,670 1.1275

* 3259 Mandrake St 120,800 124,000 103 91 126,000 .9841

* 8135 Eldora Blvd 119,900 130,000 108 15 156,160 .8325

* 9071 Lyniss Dr 123,900 135,100 109 9 110,320 1.2246

2302 Wixom Rd 148,900 148,900 100 84 88,180 1.6886

* 4760 Half Penny Ct 149,000 149,900 100 288 103,170 1.4529

4528 Lynne Ln 179,000 150,000 84 83 103,680 1.4468

891 Woodhaven Dr 209,900 160,000 76 76 140,620 1.1378

* 1020 Tartan Ln 163,500 168,000 103 13 135,540 1.2395

2164 Jason Dr 175,600 175,000 99 96 169,030 1.0353

*1841 Viking Dr 186,105 183,000 98 108 161,880 1.1305

* 2506 Ivy Hill Dr 199,900 200,000 100 67 142,290 1.4056

5443 Starwood Dr 224,900 212,000 94 104 130,460 1.6255

5456 Shelton Dr 269,000 250,000 93 526 175,420 1.4252

5270 Williamston Ct 279,900 250,000 89 359 177,920 1.4051

1233 Vollmers St 350,000 260,000 74 364 216,910 1.1987

3670 Benstein Rd 279,900 282,000 101 127 162,250 1.7381

* 4474 Darlene Dr 275,220 290,000 105 17 85,205 3.4035

* 1889 Magnolia Dr 370,000 365,000 99 24 317,090 1.1511

9417 Arbor Way 374,900 370,000 98 22 224,990 1.6445

3581 Watuga St 469,900 450,000 96 106 212,070 2.1219

WHITE LAKE TOWNSHIP

* 9525 Portage Trl 29,900 19,425 65 234 59,760 .3251

* 4887 Lakeborn Dr 22,500 21,500 96 315 74,780 .2875

* 5075 Allingham Dr 27,600 25,500 92 103 56,510 .4424

9146 Redwood St 29,900 27,000 90 26 40,950 .6593

* 5260 Wayne Rd 34,900 31,500 90 64 43,070 .7314

*4991 Ormond Rd 39,000 33,000 85 19 67,180 .4912

* 4325 Oakguard Dr 42,000 41,500 99 13 70,470 .5889

* 3829 Brookfield Dr 40,000 45,000 112 31 72,900 .6173

* 9000 Lakeview Dr 59,899 62,500 104 98 79,180 .7893

* 9494 Rustic Cir 64,900 62,500 96 83 105,320 .5934

* 9190 Funston St 74,900 68,000 91 125 69,540 .9779

* 10240 Mary Lee 98,000 80,375 82 16 110,220 .7292

* 11041 Beryl 84,900 85,000 100 420 64,780 1.3121

* 9451 Montgold 90,000 90,000 100 94 86,300 1.0429

* 4260 Laura LN 119,900 90,000 75 96 122,230 .7363

* 740 Hillwood 109,250 105,000 96 24 78,460 1.3383

* 301 Decca Dr 129,000 127,000 98 106 94,420 1.3451

11217 Sugden Rd 119,900 130,000 108 56 107,220 1.2125

9490 Steephollow Dr 149,900 142,000 95 25 104,130 1.3637

7183 Ellinwood Dr 149,900 145,300 97 326 110,960 1.3095

* 835 Hilltop Dr 158,400 146,000 95 16 210,730 .6928

* 1880 Teakwood Dr 183,900 178,000 97 101 163,360 1.0896

4104 Nancy Ln 199,900 180,000 90 272 133,390 1.3494

3731 Navarra Dr 179,900 182,000 101 41 94,536 1.9252

5552 E Alyssa Ct 189,900 189,900 100 11 158,330 1.1994

* 8975 Huron Bluffs Dr 199,900 192,900 97 54 160,470 1.2021

340 View Dr 339,900 280,000 82 72 205,780 1.3607

9156 Buckingham St 299,000 299,000 100 156 116,820 2.5595

627 Red Bank Dr 349,900 305,776 87 339 136,300 2.2434

MILFORD VILLAGE & TWP

* 720 Manordale Ct 64,000 64,000 100 7 75,710 .8453

616 Sweetbriar 59,999 67,000 112 33 80.690 .8303

* 425 Cabinet St 85,900 85,900 100 9 81,690 1.0515

231 Franklin St 169,900 169,000 99 20 99,130 1.7048

* 1603 E Maple Rd 205,000 231,999 113 35 179,150 1.2949

2275 Quendale LN 290,000 285,000 98 212 182,740 1.5596

LYON TWP & S. LYON

* 57059 Bonne Terre 39,900 45,000 113 9 63,540 . 7082

* 301 Winchester St 109,500 115,300 105 159 72,380 1.5930

320 Whipple St 129,900 124,000 95 35 89,550 1.3847

* 882 Westbrooke Dr 160,000 160,000 100 12 97,110 1.6476

* 57858 Cider Mill Dr 169,900 163,500 96 148 120,670 1.3549

* 1102 Cantor Ln 178,700 185,000 103 11 126,130 1.4667

1092 Chestnut LN 215,000 198,000 92 20 140,940 1.4049

1080 Chestnut Ln 221,000 210,000 95 83 134,740 1.5586

* 1275 Coach House Ln 222,779 222,779 100 232 165,270 1.3480

714 Westhills Dr 239,900 225,000 94 66 133,510 1.6853

* 56770 Mckenzi Ln 249,900 230,000 92 214 179,760 1.2795

61550 Eight Mile Rd 299,900 275,000 92 177 183,090 1.5020

1349 Drury LN 275,000 275,000 100 94 158,640 1.7335

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

June, 2008 July, 2008 August, 2008 September, 2008

October, 2008 November, 2008 December, 2008 January, 2009

February, 2009 March, 2009 April, 2009 May, 2009

What has sold in this area recently

Last updated on June 28, 2009

This report is a running list of the single family homes that have sold in the Townships of Milford, Commerce, White Lake, Highland and (new this year) Lyon Township - local market areas that I track. I arbitrarily decided to combine the Village and Township of Milford and Lyon Township and the city of South Lyon. 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 a large % 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; however, take those numbers with a grain of salt, since so many agents try to “game the system” by re-entering their listings every few months. There is a different look at the local market on - www.themilfordteam.com - which reports stats on four of these these townships, plus West Bloomfield. Foreclosure sales as a % of sale is back up from May.

Y-T-D Sold Stats

The Year-to-Date statistics for the sold homes in this area are also updated weekly.

Homes - sold Y-T-D - 473

Average List Price - $163,353 Average Sold Price - $154,707

Median List Price - $ 144,825 Median Sold Price - $135,000

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This Week For Average Prices

% of the sold homes below that are foreclosures