MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Oakland County, Michigan.
August 2024’s data reveals a Median Sale Price of $395,000 for homes in Oakland County. This figure represents a decline of 0.6% month-over-month and a 4.6% year-over-year decrease.
The area witnessed the sale of 1,178 homes during this period, which is a 5.1% decrease from the preceding month and a decrease of 11.5% compared to the same timeframe last year.
Homes remained on the market for a median of 17 days, which is up 3 days from the month before and up 2 days from the previous year.
The Market Pulse Score for Oakland County comes in at 114, pointing to a rising trend within the local real estate market.
For more information about the Oakland County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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