Real Estate Update: Maceday, Middle Straits, Neva, Orchard, Otter, Oxbow Lakes

Lake Neva Real Estate MichiganBelow are statistics for waterfront sales for the past 90 days in Oakland County. I’ll be posting as many lakefront sales and for sale statistics as possible. This is the sixth installment of waterfront sales stats. ¬† If your lake is not listed, please contact me and I’ll get you the statistics you need and will add it into any reports on waterfront sales in the future. This list is only for all-sports lakes at this time. It is by no means all inclusive – yet!

The following table outlines waterfront properties currently for sale on Maceday Lake, Middle Straits Lake, Lake Neva, Orchard Lake, Otter Lake, and Oxbow Lake:

Lake Active Listings Average List Price Median List Price Highest List Price Lowest List Price List Volume Average Days on Market
Maceday 8 $347,412 $284,900 $774,900 $139,900 $2,779,300 169
Middle Straits 5 $274,460 $274,900 $389,000 $189,900 $13,723,000 367
Neva 4 $301,950 $309,450 $349,900 $239,000 $1,207,800 433
Orchard 10 $2,046,800 $1,692,500 $4,250,000 $799,000 $20,468,000 341
Otter 8 $282,188 $311,950 $425,000 $124,900 $2,257,500 318
Oxbow 5 $214,580 $185,000 $375,000 $134,900 $1,072,900 401

Below are the SOLD statistics over the past 90 days for the same lakes:

Lake Sold Listings Average Sold Price Median Sold Price Highest Sold Price Lowest Sold Price Sold Volume Average Days on Market
Maceday 4 $269,975 $273,950 $395,000 $137,000 $1,079,900 169
Middle Straits 1 $380,000 $380,000 $380,000 $380,000 $380,000 195
Neva 0 $0 $0 $0 $0 $0 0
Orchard 2 $1,780,000 $1,780,000 $2,210,000 $1,350,000 $3,560,000 252
Otter 4 $198,975 $179,500 $312,000 $124,900 $795,900 192
Oxbow 1 $170,000 $170,000 $170,000 $170,000 $170,000 38

Although every effort has been made to post accurate information, it is not guaranteed.

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