Howell Michigan Real Estate and Mortgages

The Michigan Realcomp MLS reports that there are 57 luxury homes on the market as searched by 2/6/2008. The luxury homes are in the price range of $500,000 to $4,500,000. The luxury houses range in size from as small as a 1,000 sqft ranch that has a number of acres. This is not much of a luxury home, but because of the land, and where the land is makes it a very valuable piece of land. The largest luxury house for sale is a 8,368 sqft. mansion. There are a number of luxury home subdivisions in Novi. Stay tuned, because I will be posting about them in the near future. Here is a stats table that breaks down the prices, and how long the luxury houses have been for sale.

Price Statistics Legend

Range Name Price Range Number of Listings Days on Market R1 500000 to 750000 38 263 R2 750001 to 1000000 11 115 R3 1000001 to 1250000 1 197 R4 1250001 to 1500000 3 150 R5 1500001 to 1750000 1 114 R6 1750001 to 2000000 0 0 R7 2000001 to 2250000 0 0 R8 2250001 to 2500000 0 0 R9 2500001 to 2750000 0 0 R10 2750001 to 3000000 2 206 R11 3000001 to 3250000 0 0 R12 3250001 to 3500000 0 0 R13 3500001 to 3750000 0 0 R14 3750001 to 4000000 0 0 R15 4000001 to 4250000 0 0 R16 4250001 to 4500000 1 163 For the 57 listings: For the 0 Sold listings: Average List Price $862,678.00 Average Sold Price $0.00 Median List Price $624,995.00 Median Sold Price $0.00 Highest List Price $4,500,000.00 Highest Sold Price $0.00 Lowest List Price $500,000.00 Lowest Sold Price $0.00 Average Market Time 221 Average Market Time 0

This is based on information from the Board/Associations of Realtors (alternatively from the Realcomp II Ltd. MLS) on February 6, 2008.

To search novi luxury homes for sale please visit http://www.oaklandlivingston.com/novi-real-estate.html.

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