The Preserve (Lake Orion, MI)
By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
The Preserve, Lake Orion MI- Home Prices UP Again! Good news for homeowner in The Preserve in southern Lake Orion MI. Median sales prices were up 3 1/2% from last year and up 7.3% from 2009! List price to sale price percentage ranged from .4% of asking price to 7.8% of asking price and one house sold for 3% over the list price. There was only 1 foreclosure listing and no short sales. Sale prices ranged from $212,000-$274,000. The good news for buyers: Compared to many areas there were relatively few distressed sales even in the worst of times Prices never got so low as to change the socio/economic make up of the sub Interest rates are so low you get about $100K in buying power Number 3 is quite interesting. Let's look at 3760 Acadia. Last year it sold for $274,000 which gives you a paym...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
The Preserve, Lake Orion MI- Prices Rebounding? It sure looks that way. The Preserve has always been a great place to live no matter the market. Beautiful homes with great location, subdivision playground, pool, clubhouse, sidewalks, Detroit water and sewer. Now it looks like it also a good investment again. In 2005 prices ranged from $287,000 - $372,000. In 2003 and 2004 a couple homes sold in the low $400's. 2011 sale prices so far range from $239,000-$274,000 with a median sale price of $267,000. 2010 sale prices ranged from $155,000-$285,000 with a median sale price of $230,750. 2009 sale prices ranged from $211,000-$260,000 with a median sale price of $221,458. Even though prices are on the rise, many houses are still selling for less than they sold for new in the mid to late ninet...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
The Preserve, Lake Orion MI- Are Prices Rebounding? The Preserve is a very nice neighborhood in southern Lake Orion with easy access to I-75. Some of the many amenities that make The Preserve desirable are city water and sewer, sidewalks, subdivision lake, club house with a swimming pool, tennis courts and play ground area. The sub is also surrounded by woods which added value to the perimeter lots when build jobs were sold; value that seems to have stuck to the homes even in the current housing market. The home values in The Preserve were hit hard just like the rest of Lake Orion. Many of the homes sold new in 1996-1998 with prices ranging at that time throughout the $200's with an occasional home selling in the low $300's. In 2005 home prices ranged from $287,000-$372,000 and in 2003 ...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
 The Preserve, Lake Orion Michigan Real Estate Sales The Preserve real estate sales, Lake Orion Michigan. The Preserve is a Pulte sub in Southern Orion Township- just west of Baldwin Rd on the north side of Waldon Rd. The Preserve is a desirable neighborhood with most of the houses built in 1996 through 1998 with prices ranging at that time in the $200's but with an occasional home selling in the low $300's and a couple selling for just under $200,000. Most of the homes in The Preserve are 2 story homes with a few ranches in the sub. At the entrance is a club house with a swimming pool, tennis courts and a play ground area. The sub also boasts a small lake, sidewalks, Detroit water and sewer. The Preserve has excellent location with easy access to I-75 and a stone's throw to Costco and ...
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By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
The Preserve real estate sales, Lake Orion Michigan. The Preserve is a Pulte sub in Southern Orion Township- just west of Baldwin Rd on the north side of Waldon Rd. The Preserve is a desirable neighborhood with most of the houses built in 1996 through 1998 with prices ranging at that time in the $200's but with an occasional home selling in the low $300's and a couple selling for just under $200,000. Most of the homes in The Preserve are 2 story homes with a few ranches in the sub. At the entrance is a club house with a swimming pool, tennis courts and a play ground area. The sub also boasts a small lake, sidewalks, Detroit water and sewer. The Preserve has excellent location with easy access to I-75 and a stone's throw to Costco and Meijer. The Preserve is walking distance to Waldon Mi...
Comments 2
Lake Orion, MI Real Estate Professionals