Tuesday, October 8, 2013

Madison Heights Real Estate Market Report, Third Quarter 2013

Madison Heights Real Estate Market Report, Third Quarter 2013
By the numbers:

3rd Qrt 2012
2nd Qrt 2013
3rd Qrt 2013




Average Sale Price
$53,267
$71,858
$75,234




Average Sq Foot
1,062
1,130
1,111




Cost per Sq Foot
$50
$63
$67




Number of sales
115
117
109

  • The real estate market in Madison Heights is up a big 41% over last year
  • There was a 5% increase over last quarter
  • The number of houses sold stayed near the same over all three quarters in the report
    If you would like more details about the Madison Height's report or about the numbers for any community, please leave a comment.
Morris Hagerman is a local real estate agent with Real Estate One in Royal Oak, Michigan.  He serves Berkley and the other Woodward 5 communities, including Ferndale, Pleasant Ridge, Royal Oak and Huntington Woods.  Hagerman is also a member of the Berkley/Huntington Woods Area Chamber of Commerce.  You can contact him by phone at 248-854-8440, email at morrishagermanproperties@gmail.com or visit his web page.

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