July Market Snapshot for Royal Oak

There are many great Oakland County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 248-890-5504 for a FREE home buying or selling consultation to answer any of your real estate questions.

As always, we're here to make sure you stay informed on real estate trends here in Oakland County. Today, we take a look at the extremely hot market in Royal Oak. Here's what we're seeing:

• 382 homes active on the MLS. We sold 161 last month alone!
• Average of 24 days on market.
• Average price is $193,500

If you are selling your home in Royal Oak and it has been on the market for 30 or more days, you need to start asking if you've properly prepared your home to be sold. You need to market your home properly so that you can get it maximum exposure. Additionally, you need to do a market analysis to ensure your home isn't overpriced. Our team can help you do these things and more to help you sell your home quickly and at top dollar in Royal Oak.

As the numbers make clear, there is no better time to sell your home in this area. If you have any questions about what these fantastic conditions mean for you, give us a call. We want to help you take advantage of this smoking hot market. 

Rochester Hills Real Estate Market Snapshot

There are many great Oakland County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 248-890-5504 for a FREE home buying or selling consultation to answer any of your real estate questions.

Every month we're going to talk about what's going on in different cities in Oakland County and keep you updated on current market conditions. This week, we'll take a look at Rochester Hills:

• Since June, we've sold 132 of 307 active listings - about 42% of the homes we listed.

• Last year at this time we sold about 143 of 360.

• The current lack of inventory has led homes to sell quickly, making now a good time for homeowners thinking of selling.

• The market looks good for buyers as well, with interest rates remaining low at under 4.5%.

As you can see, things are looking good in Rochester Hills. Feel free to give me a call or shoot me an email if you are interested in buying or selling a home in the area, or have questions about conditions in your specific neighborhood. I'd love to help you out.