October Home Sales Up 26 Percent in Macomb County
The median sale price also shot up 17 percent last month.
There are great signs of improvement in Macomb County's housing industry. Figures released by Farmington Hills-based Realcomp show double-digit increases in the county's October home sales and the median sale price. Home sales in Macomb County were up 26 percent in October 2012, with 1,068 homes sold compared to 847 homes sold the month before. The median sale price for homes in Shelby Township, Utica and across the county was up 17 percent in October. The average home last month was sold for $82,000 compared to $70,000 in September. Janine Grillo of Weichert Realty, who primarily sells foreclosed homes in Shelby Township, told Patch that there is a shortage of inventory in the area. “I see a shortage of foreclosures and an increase in …
