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Oxford, MI Real Estate News

By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
Great News for Oxford MI Homeowners/Sellers! I was just finishing up a market analysis for a home I will be listing this evening in Oxford MI. The house I'm listing is a very nice home, but sales in Oxford haven't been bouncing back like they have in the Clarkston area. Unit sales are up slightly so far this year and median sales price is up a tad. No complaints- at least sales are up. Through July sales volume in the Oxford school district are up 3 units- 152 units in 2010 and 155 units in 2011. And median prices in the Oxford school district went from $147,000 in 2010 to $149,500 through July of this year. But from the perspective of my soon to be new seller, the lack of inventory in his price range should be a great help in getting his home sold. So far this year there have been 51 s...
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By Donald Horne, Team Success Listing LLC
Homes and foreclosures for sale, homes sold in Waterstone subdivisionOxford Township, MI 48371 Sold real estate:1395 Fountainview Ln, $165,000 - 1825 sq.ft - 22 days on market - private owned1435 Fountainview Ln, $170,000 - 1687 sq.ft - 58 dom - private owned1065 Watersedge Ct, $pending$ - 2071 sq.ft - private owned85 Ridge Field Ct, $265,000 - 2431 sq.ft - 67 dom - private owned788 W. Peninsula Ct, $pending$ - 2671 sq.ft - private owned New homes for sale:830 Cross Cir, $219,900 - 1760 sq.ft - 4 beds & 3.1 baths - private owned45 Ridge Field Ct, $219,959 - 1792 sq.ft - 3 beds & 3 baths - private owned405 Franklin Lake Cir, $229,900 - 2355 sq.ft - 3 beds & 2.1 baths - private owned430 E. Peninsula Ct, $239,000 - 2500 sq.ft - 4 beds & 2.1 baths - private owned1581 Glass Lake Cir, $299,95...
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By Donald Horne, Team Success Listing LLC
Village of Oxford, Oxford Twp, Oxfordsales trends, market report, statistics08/05/2011 New properties for sale:29 Lincoln St, $900 (lease) - 2 beds & 1 bath - 1010 sq.ft - private owned142 S. Washington St, $1,100 (lease) - 1578 sq.ft - commercial275 S. Glaspie St, $1,800 (lease) - 3300 sq.ft - commercial12 Pearl St, $43,000 - 4 beds & 2 baths - 1524 sq.ft - hud owned51 W. Burdick St, $109,400 - 3 beds & 2 baths - private owned415 Lakes Edge Dr, $174,959 - 3 beds & 2.1 baths - short sale Sold property:455 Thornehill St, $1,600 (lease) - 1789 sq.ft - 20 days on market5 Crawford St, $50,000 - 1130 sq.ft - 34 dom - hud owned42 Mechanic St, $70,000 - 2595 sq.ft - 138 dom - short sale7 Willow St, $67,500 - 1350 sq.ft - 60 dom - bank owned16 Lincoln St, $81,425 - 1170 sq.ft - 313 dom - short ...
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By Donald Horne, Team Success Listing LLC
  Subdivisions of WaterstoneOxford, MI 4837107/24/2011 Residential for sale:1056 Watersedge Ct, $198,500 = 2071 sq.ft = 3 beds & 3.1 baths = private1203 Fountain View Ln, $169,000 = 2175 sq.ft = 4 beds & 3.1 baths = short sale259 Atlantis Cir, $229,000 = 2157 sq.ft = 4 beds & 3.1 baths = private45 Ridge Field Ct, $229,959 = 1793 sq.ft = 3 beds & 3 baths = private890 Island Lake Dr, $235,000 = 2845 sq.ft = 4 beds & 2.1 baths = short sale1015 Watersedge Ct, $239,500 = 2100 sq.ft = 4 beds & 3.1 baths = short sale Sold real estate:965 Watersedge Ct, $PENDING$ = 3 beds & 3.1 baths = short sale1395 Fountain View Ln, $PENDING$ = 3 beds & 2.1 baths = private1435 Fountain View Ln, $PENDING$ = 4 beds & 3.1 baths = private1032 Cedar St, $PENDING$ = 4 beds & 2.1 baths = short sale781 Island Lake Dr...
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By Donald Horne, Team Success Listing LLC
Oxford, Village of Oxford, Oxford Twp.statistics, sales trends, market report07/10/2011 Recently sold real estate:18 Pleasant St, $1,395 - Lease - 3 beds & 2 baths - 53 days on market39 Hovey St, $49,000 - private owned - 1 bed & 1 bath - 66 dom455 Lakes Edge Dr, $182,200 - private owned - 5 beds & 3 baths - 18 dom Real estate values:* on market listings / average list price is $126,767 - average dom is 7.7 days* sold listings / average sold price is $77,532 - average dom is 45.7 days* total listings / average list price $104,416 - average dom 26.7 days Listings for sale:606 Bay Pointe Dr, $2,600 - lease - 4 beds & 4 baths - 3471 sq.ft223 S. Glaspie St, $97,700 - short sale - 3 beds & 2 baths - 1521 sq.ft314 Whispering Winds Dr, $280,000 - private owned - 2760 sq.ft Home sellers can be ...
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By Donald Horne, Team Success Listing LLC
Oxford Lakes, year round lake community livingVillage of Oxford, MI 4837107/01/2011 "Beach Park", landscaped and fenced 6 acre park has something for everyone. Gazebo, sandy beach, picnic tables, grills, private boat launch and dock, play structure, basketball-volleyball-tennis courts and bathroom facilities. This, association only park, overlooks the 115 acre spring fed Oxford Lake, stocked with bluegill-trout-bass and walleye. New listings for sale in Oxford Lakes:606 Bay Pointe Dr, $2,600 (lease) - 4 beds & 4 baths - 3471 sq.ft224 Oxford Lake Dr, $112,000 - 4 beds & 2 baths - 2244 sq.ft - short sale314 Whispering Winds, $280,000 - 4 beds & 2.1 baths - 2760 sq.ft - private owned Recently sold real estate in Oxford Lakes:499 Sunset Blvd, $2,400 (lease) - 4 beds & 3.1 baths - 3000 sq.ft...
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By Donald Horne, Team Success Listing LLC
No support for selling museum or other properties When the Village of Oxford MI voters head to the polls on 09/13/2011, they will be asked for permission to sell a small piece of public property. Council last week voted 3 - 2 to place the .43 acre vacant parcel, located on the west side of Pleasant St, on the ballot. The property formerly housed the village's DPW facilities until they were demolished in 2003. Since then, there had been discussion about turning the land into a small park, but no action was ever taken. Council was considering placing 4 other village properties on the ballot, but ultimately, it chose not to take any action at this time. 1 of those properties discussed last week was the Northeast Oakland Historical Museum building, located at 1 N. Washington St, in the down...
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By Donald Horne, Team Success Listing LLC
Oxford Twp, Oxford, Village of Oxfordmarket reports, statistics, sales trends06/28/2011 Real estate for sale:37 Ensley St, $99,900 - 3 beds & 1 bath - 1312 sq.ft - private owned Sold real estate:41 Pearl St, $750 - lease - 2 beds & 1 bath - 918 sq.ft499 Sunset Blvd, $2,000 - lease - 4 beds & 3.1 baths - 3000 sq.ft52 Broadway St, $40,000 - 3 beds & 1.1 baths - 1780 sq.ft27 Lincoln St, $45,000 - 2 beds & 2 baths - 829 sq.ft45 First St, $47,000 - 5 beds & 2 baths - 2444 sq.ft Real estate statistics:*new listings month to date = 58, up 26.1%*total active listings = 148*sold listings month to date = 17, down 22.7%*total sales volume = $3,136,850 down from $3,403,955*median sales price = $172,500 up from $139,250 Given these ideal conditions and today's low interest rate, this is an excellent...
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By Donald Horne, Team Success Listing LLC
Waterstone SubdivisionsOxford, MI 4837106/09/2011 Waterstone Information:1,372 acres featuring 27 holes of championship golf in Oxford Township ~ bar & grill restaurant ~ banquet center ~ 15 lakes ~ 600 acres for recreation, park areas, beach areas ~ Oxford Community Schools ~ walking distance to the Village of Oxford ~ convenient shopping, dining, theater and city events. New Homes For Sale:965 Watersedge Ct, $149,900 / 3 beds & 3.1 baths / 1826 sq.ft455 Franklin Lake Cir, $179,900 /4 beds & 2.1 baths / 2466 sq.ft1203 Fountain View Ln, $179,900 / 4 beds & 3.1 baths / 2175 sq.ft390 Franklin Lake Cir, $215,900 / 4 beds & 2.1 baths / 2206 sq.ft410 Franklin Lake Cir, $215,900 / 4 beds & 2.1 baths / 2206 sq.ft400 Franklin Lake Cir, $219,900 / 4 beds & 2.1 baths / 2287 sq.ft530 Franklin Lake...
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By Donald Horne, Team Success Listing LLC
Village of Oxford, Oxford Township, Oxfordsales trends, market reports, statistics06/02/2011 Week to date summary:on market listings 4, average list price is $112,977.00*1 sold listing, average sold price is $800.00*total listings 5, average list price is $95,732.00*total average days on market is 8.4* Real estate for sale:7 Willow St, $91,000 / 3 beds & 2 baths / 1350 sq.ft / bank owned82 First St, $92,000 / 3 beds & 1 bath / 988 sq.ft / bank owned38 Mechanic St, $99,959 / 5 beds & 2 baths / 1887 sq.ft / short sale455 Lakes Edge Dr, $194,899 / 5 beds & 3 baths / 1937 sq.ft / private owned Sold real estate:28 S. Washington St, $800 (lease) / 850 sq.ft / commercial / private owned Real estate statistics:the median single family home price as of 05/31/11 for Oxford is $223,185 / that's up...
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By Donald Horne, Team Success Listing LLC
Village of Oxford MI is looking for some additional revenue to help beef up its 2011-2012 budget, so officials are considering asking voters for permission to sell some public properties. It's by no means a sure thing, but last week council indicated it would like its attorney to draft some ballot language seeking voters permission to sell the Northeast Oakland Historical Museum building and 3.1 acres of vacant land, located south of Dayton St. and west of Pleasant St. Voter approval is required by the village charter to sell any propertyof value in excess of $5.00 per capita. Based on the 2010 census which counted 3,436 people in the village, any property worth more than $17,180.00 requires a vote. The village manager informed council there is someone interested in purchasing the museu...
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By Donald Horne, Team Success Listing LLC
Subdivisions of Waterstone, Oxford MI05/21/2011 Recently sold real estate:840 Eastlake Ct, $pending$, 4 bedrooms & 2.1 baths, 2720 sq.ft991 Woodside Dr, $pending$, 4 bedrooms & 2.1 baths, 2405 sq.ft, 49 dom455 Franklin Lake Cir, $withdrawn from market$, 4 Bedrooms & 2.1 baths, 2466 sq.ft Waterstone info:1,372 acres featuring 27 holes of championship golf in Oxford Township ~ bar & grill restaurant ~ banquet center ~ 15 lakes ~ 600 acres for recreation, park areas, beach areas ~ Oxford Community Schools ~ walking distance to the Village of Oxford ~ convenient shopping, dining, theater and city events. Residential for sale:1153 Fountain View Ln, $159,000 / 2015 sq.ft / 4 beds & 3.1 baths1143 Fountain View Ln, $169,900 / 1824 sq.ft / 4 beds & 2.1 baths1435 Fountain View Ln, $189,900 / 1687...
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By Donald Horne, Team Success Listing LLC
Tractor Supply Company (TSC) is expected to submit plans later this month for building a new 20,000 square foot store on the east side of M24, just south of Meijer, on about 3.75 acres. There are currently 65 TSC stores in Michigan including ones in Ortonville and Lapeer. Founded in 1938 and headquartered in Tennessee, TSC offers a wide variety of products including generators, work wear, animal feed, care products, power tools, riding mowers, lawn and garden products, pet supplies, livestock equipment, horse stalls and fencing. TSC's been looking to open a store in Oxford MI since at least 2006. This should spur more development in that area, a lot of land on M24 just waiting for new businesses and a township that's willing to work with people to make it happen.references: c j carnacch...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
Oxford Lake, Oxford MI Home Sales Update Home sale pricesin Oxford Lakes Sub in Oxford MI are still pretty much in the crapper. Sales so far this year range from $111,550-$149,900 for off the water houses, and 2 houses on Oxford Lakesold for $173,000 and $381,000. That $381K sale is the only sale so far this year over $200,000. There are 2 sales pending - both short sales- with asking prices of $112,000 and $225,000. There is one rental listing pending at an asking price of $2400/month. There is currently 1 home listed for lease at $1800/month and 2 active listings for sale- a bank owned home asking $142,900 and a "normal" listing asking $214,500. In 2005 only 4 of the 28 off the water houses that sold,  sold for less than $200,000. 6 of those 28 sold in the $300's and both lakefront sa...
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By Donald Horne, Team Success Listing LLC
Oxford, Village of Oxford, Oxford Townshipstatistics, sales trends, market reports05/15/2011 Sold real estate:32 Park St, $55,687 / bank owned / 4 bedrooms & 2 baths130 Pontiac St, $90,000 / short sale / 3 bedrooms & 1 bath730 Woodleigh Way, $115,000 / bank owned / 3 bedrooms & 3.1 baths254 Oxford Lake Dr, $126,000 / bank owned / 4 bedrooms & 2.1 baths Month to date: 14 sold listings with an average sold price of $153,621 / average days on market was 87.1 days / 16 expired listings with an average price of $125,806 / average days on market was 80.9 days / 54 total on market listings with an average list price of $239,884 / average days on market is 71.2 days Real estate for sale:39 Pearl St, $750 / lease / 918 sq.ft455 Thornehill, $1,800 / lease / 1789 sq.ft41 Pearl St, $99,959 / duplex...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
Woodbriar Sub, Oxford MI Home Sales Update Home sale prices in Woodbriar Sub in Oxford MI seem to have stabilized over the past couple years and may even be shifting upwards. So far this year there have been 4 closed sales in Woodbriar ranging in sale price from $132,950-$183,000. 1141 Woodbriar 3 bedroom 3 1/2 baths bank owned $132,950 sold for $276K in 2006 444 Pine Valley 4 bedroom 2 bath bank owned $169,750 sold for $206,380 in 1999 1208 Poppy Hill 3 bedroom 3 1/2 baths "normal sale" $179,000 sold for $261,478 in 2001 445 Glen Eagles Ct 4 bedroom 2 full 2 half baths "normal sale" $183,000 sold for $262,975 in 2001 There is currently 1 listing in Woodbriar pending with an asking price of $159,900 and no homes actively for sale at this time. Homes in Woodbriar Sub don't sit around on ...
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By Donald Horne, Team Success Listing LLC
The K-9 Stray Rescue League will host its 2011 Wag & Walk fund-raiser on Saturday, May 21st from 10 am to 1 pm. The walkathon will take place at Powell Lake Township Park. Participants can either walk 1 mile of paved trail or 2 miles of paved trail and the Polly Ann Trail. In addition to walking, the event will feature a dog contest, local pet vendors, trainers and on site dog adoptions.references: oxford leader, donsrealty.net
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By Donald Horne, Team Success Listing LLC
Organized by the Downtown Development Authority (DDA), the Oxford Hamburger Festival will take place Thursday, May 12th through Sunday, May 15th in downtown's spacious southeast quadrant. The festival will feature carnival rides all 4 days, sidewalk vendors, a beer tent with live music and dancing, local burger vendors, a best burger contest featuring Oxford restaurants and kids games in Centennial Park. Running in conjunction with the festival will be a community wide garage sale at Oxford homes throughout the 1.4 square mile village. Sales will run May 12th - 14th from 9 am until 5 pm each day. Oxford Community Schools is also hosting a district wide open house to showcase its educational and athletic opportunities on Saturday, May 14th from 10 am until 4 pm. The DDA is anticipating t...
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By Donald Horne, Team Success Listing LLC
Lakepointe and Golf Highlands of WaterstoneOxford MI, 4837105/02/2011 Real estate for sale:* 788 W. Peninsula Ct, $275,000 / 4 bedrooms & 2.1 baths / 2671 sq.ft* 1581 Glass Lake Cir, $299,958 / 4 bedrooms & 3.1 baths / 2819 sq.ft* 1350 Glass Lake Cir, $300,000 / 4 bedrooms & 2.1 baths / 2860 sq.ft Sold real estate:* 903 Eden Lake Ct, $185,000 / 105 days on market / bank owned* 963 Eden Lake Ct, $206,000 / 50 days on market / bank owned* 1461 Glass Lake Cir, $PENDING$* 978 Coventry Ct, $173,000 / 1 day on market / bank owned* 1019 Chelsea Blvd, $199,000 / 11 days on market / bank owned* 1139 Chelsea Blvd, $232,000 / 186 days on market / short sale* 1129 Chelsea Blvd, $230,000 / 843 days on market / short sale Waterstone:1,372 acres featuring 27 holes of championship golf in Oxford Townsh...
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By Donald Horne, Team Success Listing LLC
Oxford Township, Oxford, Village of Oxfordmarket reports, statistics, sales trends04/30/2011 Real Estate Market:* The median single family home price is $215,735 - that's up 2% from 04/10/11* With a market action index at 17.68, Oxford is currently a buyers market* The average property has been on the market for about 206 days - down 1% from last week* The median price per square foot for homes is about $95 - 2% better than last report* There are about 155 properties on the market as of 04/24/11 - that's down 2% * Sellers can be cautiously optimistic, with the right price, selling your real    estate in Oxford at a fair price is a realistic expectation Recently Sold Real Estate:* 705 Lakes Edge Dr, $153,000 - 3 bedrooms & 2.1 baths - 2142 sq.ft Real Estate For Sale:* 30 N. Glaspie St, $...
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