This Dexter, Michigan Real Estate Market Update is provided from www.KathyToth.com Currently there are 224 homes for sale in the area ranging in price from $1,899,500 to $49,000. There are 42 homes listed over $500,000 for the luxury Dexter, Michigan Real Estate market, up from 37 last month. On the other end there are 3 homes listed under $100,000; one of those is a short sale with an offer. For any information on these active homes, be sure to ask us. The Average sold price in Dexter declined last month. Dexter sold homes data is as follows:
Month Units Avg. Sale Price Avg. Price/SqFt DOM*
Jan 8 $216,063 $97.51 53
Feb 8 $263,922 $95.38 97
Mar 9 $359,237 $112.76 95
Apr 13 $233,000 $108.28 93

The average list price to sale price for April was 98.46 percent without concessions. Total concessions for this month was $69,275.00. If concessions are considered then the list price to sales price is 94 percent. The median sold price for April was $202,750.

When the gap between the list prices and the sold prices narrows, (supply and demand) the market will be more stable. Our buyer agents have several Dexter homes under contract, awaiting closing. We have several more buyers looking for Dexter homes right now. The $8,000 first time home buyer tax credit is allowing more buyers to enter in the market. We are seeing multiple offers on properties. For more information on what is happening with homes for sale or sold in Dexter, please stop into our office at 3134 Baker Rd .Dexter, MI 48130 or call us 734-426-6669. *Days on market may be understated because it starts at day zero when it is listed as a new listing with new agent. The Ann Arbor Board Sales price does not consider concessions. Subscribe to our RSS feed to keep up to date on our local real estate news in Ann Arbor, Michigan. Or follow us on Twitter for more regular updates. Click here to search Ann Arbor Real Estate using our complimentary MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs. Search all listings in Michigan with pictures and tours...Free! Kathy Toth & Team: Ann Arbor Area Real Estate Experts www.KathyToth.com Keller Williams Realty