Plymouth, Michigan has definitely been a star on the Wayne County real estate market lately.
For consecutive months, Plymouth has seen an increase in average price per square foot and median sales price – even as the total number of home sales fell slightly!
Continue reading to learn more about recent Plymouth housing market activity.
Home Sales in Plymouth, MI
Here’s a summary of the most recent market data for Plymouth, MI:
- Currently there are 241 homes for sale on the market, including 124 in some stage of the foreclosure process.
- Between April and June, the average price per square foot for Plymouth homes was $113, up 7.6 percent when compared to the same period in 2011.
- Meanwhile, the median sales price for homes was $169,825, up 6.8 percent from that same period in 2011.
- During that period in 2011, the median sales price for Plymouth homes was $158,000.
- During the week ending on July 18, the median sales price for a 2-bedroom Plymouth home was $171,490.
- The median sales price for a 3-bedroom home was $216,500.
- Here’s how nearby communities compared when it came to median sales price recently:
Northville: $269,550
Salem: $139,000
Novi: $155,340
Livonia: $108,206
South Lyon: $326,000
- Also between 2011 and 2012, the total number of home sales decreased by 1.4 percent, to 136 home sales.
- During the week ending on July 18, the average listing price for Plymouth homes was $307,101, down 1.6 percent when compared to the week before.
- During that previous week, the average listing price was $312,000.
- See how other Michigan communities stacked up in terms of average listing price:
Northville: $490,005
Salem: $349,900
Novi: $357,110
Livonia: $136,176
South Lyon: $291,582
Plymouth, MI Properties for Sale
As you can see, there are plenty of reasons for Plymouth home sellers to be optimistic at this time!
If you’re one of those home sellers and you’re looking for expert home-selling guidance from a real estate professional, please contact me, Noel Bittinger, today!
I have years of expertise as a Plymouth home seller’s agent and I would be glad to represent you and to help you get the price you want on your Southeast Michigan home!
Until next time,
Noel