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December 1, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Grosse Pointe, Michigan

Reported by Alice W. Baetz, ABR, e-Pro, ABR, e-Pro

Updated October 1, 2009.

Current Market Rating: 1



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5
Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

For potential Buyers there is a wide variety of homes in the 5 Grosse Pointes ranging in price from $21,000 to $7,900,000! As of the writing of this update (10/1/2009) there are currently 619 listings for sale which is down from the last report. 77 houses have closed in the last 30 days and there are currently 37 houses that are "pending". If you have questions regarding selling your home or buying your next one please give me a call at 313.884.6400 x202. Stop by www.go2grossepointe.com and give it a test ride to find out more local information.

ZIP Codes: 48230, 48236

Approximate Location Boundaries: Detroit, St. Clair Shores, Harper Woods

Location Characteristics: "Grosse Pointe" actually consists of 5 Grosse Pointes - Grosse Pointe Park, Grosse Pointe City, Grosse Pointe Farms, Grosse Pointe Woods and Grosse Pointe Shores. All 5 of the municipalities cover just under 11 square miles along the shore of Lake St. Clair. Grosse Pointe derives its name from its French heritage and means "large point". The 5 Grosse Pointes have 2 high schools, 3 middle schools and 9 elementary schools.

For More Information:

View Market Conditions of other areas served by Alice W. Baetz, ABR, e-Pro

Navigate: Top > Michigan > Grosse Pointe

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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