We Specialize In These Detroit Area Communities

Oakland - Wayne and Macomb Counties - Birmingham - Bloomfield Hills
Bloomfield Township - Beverly Hills - Berkley
Pleasant Ridge - Huntington Woods - Clawson - Royal Oak - Sterling Heights
Macomb - Auburn Hills - Fraser - Clinton Township - Rochester Hills
Independance Township - Springfield Township - Oxford - Lake Orion
Metamora - Clarkston - Ferndale - Troy - Southfield - West Bloomfield
Commerce Township - Novi - Northville - Farmington - Livonia - Canton
Wixom - Milford - Keego Harbor - Sylvan Lake
White Lake - Davisburg - Grosse Ponte

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That's the question this report answers for the "luxury market" nationwide, and for the luxury markets in more than 30 major metro areas.

The ILHM Luxury Market Report is a snapshot of the national luxury market.  Like the Case-Shiller Composite Index and other national indices, it is a bundle of data from markets around the country that give a simplified view and try to get at the question of what's happening in the marketplace.


The charts below show the 7-day and 90-day rolling averages for list price, days on market, and inventory for the metro area's luxury market (e.g. top 10 zips with median prices above $500k)


The charts below compare the ilhm-detroit luxury market with the ILHM National Luxury Market Index and show 90-day rolling averages for Median List Price and Days on Market.

The chart below shows the Altos Market Action Index for the metro area's luxury market and the National Index.

OPEN HOUSE: 8861 MERRIMAN Road, Livonia 48150 - This Sunday!

OPEN HOUSE: Sunday Nov. 11, 2018 12pm-2pm
with $15,000 PRICE REDUCTION - Now offered at $169,900
8861 MERRIMAN Road, Livonia 48150-3950
MLS# 218103429 | 3 BD 1.1 BA | 1,384 sq ft


Meticulously maintained, this spacious ranch has been updated and is move in ready! The open floor plan offers tons of opportunities for entertaining! Updated kitchen boasts granite countertops, Stainless steel under-mount sink, Kurtis Maple cabinets and gorgeous bamboo flooring. Main bath has been updated and the bonus lower level bathroom was added recently. Large Living room with attached dining area, 3 spacious bedrooms, one of which is currently being used as an office. Huge Family room addition in 2015 gave this house the extra space you need! So many updates, driveway, HVAC, Roof (including garage), Windows, Porch, additional insulation, Waterproofing for lower level, and sprinklers. Original hardwood is under carpet in main living areas, just waiting to be uncovered! Don't miss the adorable covered porch in the backyard, perfect for cool, autumn evenings. All this and a finished basement too! BATVAI

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