Flint, MI - Local Housing Data - Summary

Change location:

Region

State

City

Flint, MI

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Flint, MI Local News

Recent Numbers For Flint Show New Home Closings and Prices Gain

Posted on: Aug 08, 2014 11:21:33 AM

The Flint, MI market saw a rise in new home closings in April year-over-year, rebounding from a year-over-year decline in March 2014. New home closings moved from 5 a year earlier to 8 after the figure moved from 4 in March 2013 to 1 in March 2014.

A total of 50 new homes were sold during the 12 months that ended in April, up from 47 for the year that ended in March.

8 of the 634 total closings were new home closings, a shift on a percentage basis from 5 out of 787 a year earlier. Following a year-over-year decline in March, closings of new and existing homes also dropped year-over-year in April.

Pricing and Mortgage Trends

The average new home price was $167,749, up from $118,785 a year earlier. This followed a 68.1% boost in March year-over-year.

The average mortgage size on new homes was $118,938, up from $42,500. Average mortgage size on new homes went from $26,806 in March 2013 to $96,140 in March 2014.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.