Red Barn Village, Oxford MI Finally Broke the $100K Ceiling- First Time Since Aug 2008!!
By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
Red Barn Village, Oxford MI Finally Broke the $100K Ceiling- First Time Since Aug 2008!! For the first time since mid 2008 there was finally a sale over $100,000. On December 29, 2010 there was a closing at 1374 Foreland that closed for $116,500!!!! Great news for sellers and current home owners in Red Barn Village. For buyers? If you're dragging your feet- STOP IT!! Prices are starting to level off and even started creeping up in some areas. On average Oxford sales in 2010 were up from 2009 significantly. For the most part, prices in Red Barn Village sub are still quite low: In 2010 there were 10 closings in Red Barn ranging in price from $46,500-$116,500- all foreclosures except for the house that sold for $116,500. 1374 Foreland sold earlier in the year for $52,000 as a bank owned ho...
Comments
2