It was a rather good month on the Canton Michigan real estate market, especially if you were a home seller.
Although the number of home sales decreased, the average home sales price increased significantly!
Continue reading to learn more about what the most recent data is saying about the current state of the Canton housing market.
Canton, Michigan Properties
Here’s a look at recent market activity in Canton, based on information obtained from Trulia:
- Currently there are 429 resale and new homes on the market, including 317 distressed properties.
- The average price per square foot for a Canton home is $84 right now.
- When compared to last year, that price has decreased by 3.4 percent.
- Between August and October, the median sales price for a Canton home was $203,151, which represents a 27.2 percent increase when compared to the previous quarter.
- When compared to the year before, the median sales price has increased by 17.7 percent, from $172,570 to $203,151.
- Meanwhile, the number of home sales dropped by 30.9 percent.
- During the week ending on Nov. 23, the average listing price for Canton homes was $198,018, down about 0.2 percent when compared to the week before.
- During that same week, the median sales price for a 2-bedroom home was $76,986.
- And the median sales price for a 3-bedroom Canton home was $130,000.
Canton Real Estate
Although overall home sales have dropped, home sellers should be pleased to see that home sales prices are on the rise.
If you’re interested in selling your Canton home anytime soon, I encourage you to contact me, Noel Bittinger, and my team of Canton REALTORS today.
We’ll tell you how we can help you sell your home in less time and for more money using our comprehensive Canton real estate marketing plan.
We’ll also offer you an array of FREE home selling resources, such as:
Until next time,
Noel