It’s been a phenomenal month for Plymouth area home sellers, according to the most recent market data.
Both the average price per square foot and the median sales price saw double-digit year-over-year increases!
If you’re a prospective Wayne County home seller, I recommend you continue reading to learn even more relevant information about the current state of the Plymouth real estate market.
Selling Your Plymouth, Michigan Home
Here are some of the highlights of the recent market report released by the real estate website Trulia:
- Currently there are 240 homes for sale on the Plymouth housing market, including 122 in some stage of the foreclosure process.
- Between March and May, the average price per square foot for homes was $122, up 19.6 percent when compared to the same period last year.
- Also during that period, the median sales price for Plymouth properties was $185,126 based on 116 home sales.
- When compared to the same period last year, the median home sales price has increased by 20 percent!
- Last year, that price was about $154,300.
- Here’s how other Michigan communities compared in terms of median sales price:
Northville: $232,500
Salem: $139,000
Canton: $148,000
Novi: $200,947
Livonia: $103,000
South Lyon: $192,765
- Meanwhile, the total number of home sales decreased slightly, by about 0.9 percent.
- During the week ending on June 13, the average listing price for Plymouth homes was $311,118, up 0.7 percent when compared to the week before.
- During that previous week, the average listing price was $308,913.
- During the week ending on June 13, the average listing price for a 2-bedroom Plymouth home was $179,699.
- The average listing price for a 3-bedroom home was $273,104
- And the average listing price for a 4-bedroom home was $372,631
- Here’s how other Michigan communities compared in terms of average listing price:
Northville: $481,053
Salem: $450,000
Canton: $221,931
Novi: $367,695
Livonia: $133,085
South Lyon: $300,204
We Can Help You Sell Your Home on the Plymouth Housing Market!
If you’re ready to list your home on the Plymouth real estate market, then please contact me, Noel Bittinger.
My team of dedicated Wayne County REALTORS and I will be happy to assist you in all of your home-selling needs by providing you with expert advice as well as such helpful tools as:
Until next time,
Noel