Saline Real Estate Report, May 2020

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 05/31/2020 - 14:24
This home at 210 W Russell Street in Saline sold for $419,000

The numbers are rolling in slowly, but it appears May was another slow month in the local real estate market.

Numbers available through the City of Saline's website are incomplete. They appear to show five properties changing hands - although only three list the sales prices.

Numbers do tend come in late, and the most recent sale is May 21 - 10 days ago.  April's numbers, for example, improved from $3.3 million to $5 million as data came in over the month.

Still, May's numbers seem paltry. There were no recorded sales for the first 13 days of the month there's only $829,000 in total sales - though two of the five property transfers have no corresponding price.







5/21/2020 NA 172 COMMONS CIR SHERSON STEPHANIE M DENNY JESSICA
5/21/2020 NA 962 N ANN ARBOR ST MCCOY JEANNETTE NA
5/21/2020 250,000 871 LAMBKINS RD MARY LOUISE TRUST NA
5/21/2020 419,000 210 RUSSELL ST JACKSON ASHLEY E & GROVESTON ALICIA STEPCHUK GORDON M & MELISSA A
5/14/2020 160,000 207 E HENRY ST KOLAR III EDWARD J DONOGHUE KATINA M & ANNA M

Although it's too early to say anything about May's numbers, the coronavirus pandemic has definitely been felt in the real estate market.

The latest tally for April of 2020 was $5,014,000 about 56 percent of the $9 million in sales in 2019

The final tally for March of 2020 was $3.1 million, or about 37 percent of the $8.3 million total in 2019.

 

Tran Longmoore's picture
Tran Longmoore
Tran Longmoore is a veteran community journalist. He is founder and owner of TheSalinePost.com. He is co-publisher of The Saline Post weekly newspaper. Email him at [email protected] or call him at 734-272-6294.

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