The outlook for Wayne County home sellers on the Canton, Michigan real estate market continues to improve, according to the most recent market data.
Over the last several weeks, both the median home sales price and the total number of home sales have shown year-over-year gains.
If you’re thinking about listing your own Canton home anytime soon, I recommend you continue reading to learn more about the current state of the market.
Canton Homes for Sale in Michigan
Here’s a brief summary of the most recent market activity on the Canton real estate market, based on the most recent data available:
- Currently there are 356 homes for sale, including several in some stage of the foreclosure process.
- Between June and August, the average price per square foot for Canton real estate was $92, up 9.5 percent when compared to the same period last year.
- Also during that time, the median sales price was $159,600, based on 444 home sales.
- Compared to that same period in 2011, the median home sales price has increased by 2.5 percent.
- Here’s how nearby Michigan communities compared when it came to median sales price:
- Northville: $250,000
- Novi: $184,150
- Livonia: $115,100
- South Lyon: $151,350
- Superior Township: $940,000
- And the total number of home sales has increased by 9.6 percent year-over-year.
- During the week ending on September 26, the average listing price for Canton homes for sale was $224,673, up 1.7 percent from the previous week.
- During that previous week, the average listing price was about $221,000.
- Also during the week ending on September 26, the average listing price for a 2-bedroom Canton home was $127,151
- The average listing price for a 3-bedroom home was $173,878
- And the average listing price for a 4-bedroom home was $283,412
- And here’s how other Michigan communities stacked up when it came to average listing price:
- Northville: $449,454
- Novi: $366,456
- Livonia: $142,351
- South Lyon: $275,907
- Superior Township: $213,993
Buying and Selling Canton Properties
If you’ve been thinking lately about listing your own Canton home on the local housing market, then please don’t hesitate to contact us, Lee and Noel Bittinger.
We would be more than happy to assist you in all of your home selling needs – from setting the right list price to attending the final closing on your home!
To get a sense of just how much help we can offer you as a home seller, please take a few moments now to browse our online home-selling resources, which include:
Until next time,
Noel