The outlook for home sellers on the Plymouth, Michigan real estate market is looking better and better each month!
According to recent market data, both the median sales price and the average price per square foot on Plymouth homes has increased over the last several weeks – even as the total number of home sales has fallen.
Continue reading for a complete update on the current state of the Plymouth housing market to see how it may affect your strategy as a home seller.
Properties for Sale in Plymouth, MI
Here’s a brief summary of recent Plymouth housing market activity:
- Currently there are 259 homes for sale on the market, including 133 in some stage of the foreclosure process.
- Between December and February, the average price per square foot for Plymouth homes was $119, up 16.7 percent when compared to the year before.
- During that same period, the median sales price for homes in this Michigan community was $187,500, up 14.3 percent when compared to the same period a year ago.
- During that period of time in 2011, the median sales price was $164,000.
- Meanwhile, the number of home sales decreased by 67.5 percent between 2011 and 2012.
- During the week ending on March 28, the average listing price for Plymouth homes for sale was $302,804, up 2.3 percent when compared to the week before.
- During that previous week, the average listing price was $295,895.
- Here’s how nearby communities stacked up in terms of average listing price:
Northville: $469,982
Salem: $456,000
Canton: $217,260
Novi: $323,595
Livonia: $125,608
South Lyon: $277,015
- During the week ending on March 28, the median sales price for 2-bedroom Plymouth homes was $310,000
- The median sales price for 3-bedroom homes was $203,436
- And the median sales price for 4-bedroom homes was $170,000
- Here’s how neighboring communities compared in terms of median sales price:
Northville: $208,000
Salem: $139,000
Canton: $141,150
Novi: $192,350
Livonia: $117,658
South Lyon: $192,500
List Your Plymouth Home with the Bittinger Team Today!
Without years of experience working on the Plymouth real estate market, we’ll be able to provide you with expert advice and helpful resources that will make the home-selling process considerably easier for you and your family.
Contact me, Noel Bittinger, today to learn more about how our team can help you as a Plymouth home seller!
While you’re at it, make sure to check out our many Michigan home selling resources, such as:
Until next time,
Noel