Home sales activity on the Canton, MI real estate market was a bit sluggish during the last several years.
For instance, the median sales price saw year-over-year declines and foreclosures continued to dominate a large part of the market.
Meanwhile, the total number of home sales also decreased.
Continue reading to learn more about recent Canton housing market activity in order to determine the best way to approach the market as a home seller.
Properties for Sale in Canton, MI
Here’s a brief overview of recent sales activity on the Canton real estate market:
- Currently there are 420 homes for sale on the market, many of which are in some stage of the foreclosure process.
- Between December and February, the average price per square foot for Canton homes was $82, up 2.5 percent when compared to the same period in 2011.
- During the same period, the median sales price for homes was $141,150, down 1.6 percent when compared to the year before.
- During that previous year, the median sales price was $143,492.
- Here’s how nearby communities compared regarding median sales price:
Northville: $208,000
Salem: $139,000
Novi: $192,350
Livonia: $117,658
South Lyon: $192,500
- Between 2011 and 2012, the total number of home sales decreased by 60.5 percent.
- During the week ending on March 28, the average listing price for a Canton home for sale was $217,260, up 0.6 percent when compared to the week before.
- During the week ending on March 28, the average listing price for 2-bedroom Canton homes was $107,150
- The average listing price for 3-bedroom homes was $166,011
- And the average listing price for 4-bedroom homes was $275,311
- Here’s how other Michigan communities compared when it came to average listing price:
Northville: $469,982
Salem: $456,000
Novi: $323,595
Livonia: $125,608
South Lyon: $277,015
Work With An Experienced Canton REALTOR to Get the Price You Want on Your Home for Sale
While the current state of the Canton real estate market is less than ideal right now, it doesn’t mean that you can’t get a great price for your Michigan home for sale.
The key is to work with an experienced Canton REALTOR who knows how to effectively market a home in order to get top dollar for it.
So if you’re thinking about listing your Canton home anytime soon, make sure to contact me, Noel Bittinger.
When you contact me, I’ll explain to you the exclusive marketing plan I can offer to you as a home seller.
Trust me, when your home sells in a relatively short amount of time and for an incredible price, you’ll be glad you decided to work with me and the rest of The Bittinger Team!
Until next time,
Noel