According to Saugatuck Michiagn Real Estate Expert, Dee Dee Hanson, Things look really good for 2012. See here article below:
"Saugatuck, Mi, Real Estate single family sale numbers for Saugatuck, Douglas, and Saugatuck Township is a mixed bag. Dollars spent on single family homes decreased by about 5 % from $25,388,135 to $24,175,874 and the number of homes sold decreased by 13% from 94 homes to 81 homes
BUT the interesting news is that the median price of homes sold went UP 3% from $235,000 to $243,000 and the average price of homes sold went up 10% from 270,087 to $298,468.
NOW HERE IS THE REALLY GOOD NEWS!
Sales of vacant land in Saugatuck, Douglas and Saugatuck Township has increased by 241%
from total sales of $1,662,150 in 2010 to $3,999,350 in 2011. Twenty two properties sold in 2010 and twenty six properties sold in 2011. The average price of vacant land has doubled from $75,552 to $153,821!
If land sales are up, can constuction be very far behind?"
- Dee Dee Hanson
- CB Woodland Schmidt
- Contact Dee Dee Hanson (CB Woodland Schmidt)
- Office Phone
- (269) 857-4906
- Cell Phone
- (616) 836-8535
- (269) 857-1349
- http://mysaugatuckrealestate.com, http://saugatuckforeclosure.com
- As Associate Broker with Coldwell Banker in Saugatuck/Douglas and extensive real estate experience, I look forward to helping you with all your real estate needs.