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Dexter Real Estate Market Update for October 2013

Dexter Real Estate in a Balanced Market

Dexter MI Real Estate Statistics for October 2013
With a 5.7 month supply of homes available for sale, the overall Dexter Real Estate market is balanced. Once you get in the over $400,000 price range, it changes to a strong buyer’s market with a higher percentage of homes listed for sale than recent sales. There are currently no homes with contracts pending over $600k. Sales remain steady, an indication of continued buyer activity, mainly in the under $400k markets.

With reduced inventory, down 23% since the high in June, competition is much lower than in the peak season. Buyers with low interest rates are still out there, making this a great time to list your home for sale! Contact The Bouma Group, Realtors today at 734-761-3060 or to learn what your home is worth. Want to know what’s selling in your neighborhood? Find out in a Market Trend report!

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