Dexter, Michigan Real Estate Results For 2009 Shows 9 Months of Homes Available for Sale

Dexter residential supply is now about 9 months at the end of 2009.  It would take about 9 months for all the homes to sell if no other homes came on the market. Anything over 7 months supply is a buyers market.

The Supply and Demand (#Units FS, S0ld) chart shows December 2008 compared to December 2009, the number of homes listed for sale are up 19 percent and the number of units sold are down 33 percent. The annual trend lines show the number of homes offered for sale increased and number of Dexter sales remained pretty flat.

Below, Median Price (FS, Sold) December 08′ vs. December 09′, the sellers asking list prices were stable and median sold prices increased by 8 percent. The annual trend lines indicates flat asking prices and slight downward motion in median sales prices.

The trend line charted by Affinity Valuations, Inc indicates slightly decling average sale price per square feet  but is remaining above $100.oo per squar foot in Dexter Real Estate through the last 12 months.

We are selling homes and are happy to provide you with data to make informed choices. So far 186 homes have sold in the last 12 months, from 2 bedrooms to 6, and from 1 baths to 5 and the average sold price per square foot is now $107.37 up from $105.40. The highest sold price was $1,400,000 with lowest at $38,000. The average list price to sales price was 95 percent.

Currently there are 152 Dexter homes for sale ranging in price from $44,900 to $1,499,000 . See what others say about our Dexter Real Estate services.

Since we actually sell more homes in Dexter than any other agent, we are acutely aware of homes that have languished on the market and like the US have watched the number of homes that have sold as foreclosures increase.  Banks  are hiring us to sell foreclosures.  We know about these long before they come on the market. so if you want inisde info, call us.

See tour of Dexter by clicking on picture right below. Related posts:

Dexter House Hunters Video
What is selling in Dexter, Michigan?
For detail on recent Dexter real estate market data.

For inside tours, calendars, web sites and data base on Dexter and Washtenaw Schools, click here.

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Kathy Toth & Team: Ann Arbor Area Real Estate Experts

www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

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