North Oakland County Home Sales

North Oakland County Michigan real estate sales are a pretty mixed bag of goods- unit sales last year were down about 18%, but prices were up again. So far this year (1st quarter, 2024) sales units are down a bit but prices are up enough that volume sales are up a couple million dollars.

Even with high interest rates, North Oakland County real estate is still a great investment. The average sales price so far this year is $463,299. The average sales price the first quarter of 2020 was $334,592- a 28% increase in price, or $128,707. That's an increase in price; the increase on your initial investment is much greater. If you bought the house in 2020 for $335K and put 20% down ($67,000) and sold in 2024 for $463K you more than doubled your initial investment.

Right now, inventory (active listings) are low which are keeping the prices high. On 4-29-2024 there were 226 active listings and 201 sales pending. Close to the same as last year but way down from 2022. When I checked on 8-16-2022 there were 482 active listings.

Average Sales Price           Unit Sales

2023- $457,305            2023- 1739
2022- $451,407            2022- 2120
2021- $413,244            2021- 2590
2020- $362,847            2020- 2567
2019- $333,285            2019- 2332
First Quarter

Average Sales Price              Unit Sales

2024- $463,299             2024- 330
2023- $447,532             2023- 336
2022- $413,588             2022- 372
2021- $366,725             2021- 461
2020- $334,592            2020-445

My search for North Oakland County Michigan Real Estate I searched Realcomp MLS for Groveland, Brandon, Ortonville, Oxford, Addison, Leonard, Springfield, Independence, Clarkston, Orion, Lake Orion, Oakland Twp.