real trends for today
Volume IX  Issue 1                                                                             1st Quarter 2001 


Beth Pressler  CRS   GRI  LTG

Higbie Maxon Agney, Inc. REALTORS®
83 kercheval
grosse pointe farms, mi 48236

Toll Free 1.888.886.4060



First Quarter Stats Reveal Longer Market Time/More Closed Properties in 2001




On average, more homes closed in the first Quarter of 2001in most of the Pointes than in the first Quarter of 2000. The City saw a dramatic change in less homes closed in 2001 than in 2000.

Homes were, however, on the market longer (in all cases) in 2001, suggesting a shift to a Buyer’s market. Not to worry, Sellers. You can still except fair prices but not anything like the explosive Spring market in 2000. The volatile stock market, lower interest rates, car-related industries complexions: these are factors that contribute to our changing housing market. The Grosse Pointes continue to appreciate as it has over years of high interest rates and the like. v



Source: Realmatrix Multiple Listing Service



January – April 2000 January – April 2001

4 Homes/107 Days on Market

4 Homes/215 Days on Market


52 Homes/55 Days on Market

67 Homes/64.7 Days on Market


28 Homes/63 Days on Market

42 Homes/63 Days on Market


20 Homes/67 Days on Market

5 Homes/89.6 Days on Market


28 Homes/66 Days on Market

26 Homes/67.3 Days on Market

Email me at:

Return to Home

Web Site Design by Internet Online Programs.
Copyright Beth Pressler. All rights reserved.
All information is subject to change without notice
and is believed to be accurate but not guaranteed.