Dexter real estate market is trending upward. I am so delighted to provide you with more encouraging news. Sales are continuing to be seasonally steady and this has both Sellers and REALTORS very happy.
When reviewing the chart below, we should pay close attention to the red line on the chart which indicates an upward trend in the Linear (Average Square Foot / Sale Price) which is now hovering around $117.00 per square foot for the year end 2011. The Linear (Average Square Foot) price is up by approximately $10.00 per square foot from the same time in December 2009. The number of homes sold is up approximately 10% from last year as well. So, in review of the trend over the past 2 years in Dexter, the market looks to be stabilizing and trending upward. No one’s complaining about this kind of good news as the year 2011 soon comes to a close.
Buyers as well as Sellers should pay close attention to these indicators. While trends are showing signs of a recovery, it’s a great time to take the next step to home ownership or listing your home for sale. Call to schedule an appointment.
I would like to thank Peter W. Hendershot, State Licensed Real Estate Appraiser, Business Development Manager, Affinity Valuation Group for putting this chart together for all of us to analyze. This data is shared with your local REALTORs, lenders, builders and lawyers so we can assist our clients.
To take advantage of buying opportunity, look for all the real estate deals www.homesearchannarbor.com and investigate foreclosures here. http://www.homesearchannarbor.com/guide/Foreclosure_%7C_Bank-owned
We know about homes before they hit the market, just call or email what you need.
Kathy Toth, CDPE, Associate Broker: KW, CEO Kathy Toth and Team 734-426-6669