It was a pretty productive month here on the Plymouth real estate market for area homer sellers.
Just like last month, the local housing market continued to show year-over-year gains in such areas as the average price per square foot as well as the median sales price.
Continue reading to learn more about recent market activity in this Wayne County community to see if it’s the right time for you to list your Plymouth property.
Homes for Sales in Plymouth
Here’s a brief overview of the current state of the Plymouth housing market:
- Currently there are 243 homes for sale on the market, including 123 in some stage of the foreclosure process.
- Between February and April, the average price per square foot for Plymouth homes was $113, up 4.6 percent when compared to the same period in 2011.
- Also during that period, the median home sales price was $175,000, up 3.4 percent when compared to 2011.
- Last year, the median home sales price was $169,324.
- Meanwhile, the total number of home sales actually decreased year-over-year by 18.5 percent.
- During the week ending on May 23, the average listing price for Plymouth homes was $315,421, down 0.3 percent when compared to the week before.
- During that week before, the average listing price was $316,072.
- Here’s how nearby communities compared in terms of average listing price during that week:
Northville: $468,308
Canton: $222,735
Salem: $450,000
Novi: $425,000
Livonia: $102,500
South Lyon: $209,900
- During that same week ending on May 23, the median sales price for 2-bedroom Plymouth homes was $109,600
- The median sales price for 3-bedroom homes was $170,000
- And the median sales price for 4-bedroom homes was $190,000.
- Here’s how nearby communities stacked up in terms of median sales price:
Northville: $200,395
Canton: $145,583
Salem: $139,000
Novi: $425,000
Livonia: $102,500
South Lyon: $209,900
Helping You Sell Your Plymouth, MI Property
If you’re thinking about listing your Wayne County home anytime soon on the Plymouth real estate market, please don’t hesitate to contact me, Noel Bittinger.
I’m an experienced Plymouth area REALTOR who has helped plenty of home owners get the price they want on their property for sale – and in a relatively short amount of time as well!
You can even get the home-selling process started right now from the comfort of your home by checking out some of the FREE home-selling resources I provide online, including:
Until next time,
Noel