It was a pretty good month for Michigan home sellers navigating the Plymouth real estate market.
Although the number of home sales decreased, the median sales price increased significantly!
Continue reading to learn more about recent changes on the Plymouth housing market to see how it affects you as a home seller!
Plymouth Properties for Sale
Here’s a look at recent activity on the Plymouth real estate market, based on the most recent data from the real estate website Trulia:
- Currently there are 260 resale and new homes on the Plymouth market, including 99 homes in some stage of the foreclosure process.
- Between October and December of 2011, the average price per square foot for Plymouth homes was $107, up 1.9 percent when compared to the same period in 2010.
- During that same period in 2011, the median sales price for homes increased by 13 percent, to $186,500.
- In 2010, the median sales price was $165,000.
- During the week ending on January 25, the average listing price for Plymouth homes was $282,376, down 1.8 percent when compared to the week before.
- During that previous week, the average listing price was $287,581.
- Here’s how neighboring communities compared in terms of average listing price:
Northville: $445,851
Salem: $682,333
Canton: $199,982
Novi: $316,051
Livonia: $122,129
South Lyon: $269,755
- For the week ending on January 25, the median sales price for a 2-bedroom Plymouth home was $153,500.
- The median sales price for a 3-bedroom home was $231,500.
- And the median sales price for a 4-bedroom Plymouth home was $210,000.
- Here’s how neighboring communities compared in terms of median sales price:
Northville: $262,000
Salem: $139,000
Canton: $152,506
Novi: $151,686
Livonia: $115,000
South Lyon: $199,900
Thinking About Entering the Plymouth Real Estate Market as a Home Seller?
Then contact us at The Bittinger Team today! With our years of experience selling homes on the Plymouth area housing market, we have a good understanding of what it takes to sell a home as quickly as possible and for the best price possible.
To learn more about how we can help make navigating the market easier for you as a home seller, make sure to check out our Selling Plymouth Homes website, which includes such helpful tools as:
Until next time,
Noel