The New Year has gotten off to a great start for Canton, MI home sellers, according to the most recent market data.
Evidently, both the average price per square foot as well as the median sales price have shown year-over-year gains.
What’s more, the total number of home sales has also increased year-over-year!
Properties for Sale in Canton MI
Here is a summary of the most recent data available about the Canton, MI real estate market:
- Currently there are 302 homes for sale on the Canton real estate market, including a number of which that are in various stages of the foreclosure process.
- Between October and December, the average price per square foot for homes was $91, up 4.6 percent when compared to the same period last year.
- Meanwhile, the median sales price for homes was $178,000 during that same period, based on 407 home sales.
- When compared to last year, the median sales price has increased by about 18.7 percent – or about $28,000.
- Meanwhile the total number of home sales has increased by 30.4 percent.
- Here’s a summary of how nearby communities compared when it came to median sales price:
- Plymouth, MI: $185,000
- Northville, MI: $264,450
- Livonia, MI: $122,390
- Novi, MI: $218,355
- South Lyon, MI: $148,500
- Westland, MI: $68,838
- During the week ending on January 16, the average listing price for homes was $227,862, up 2.7 percent from the week before.
- During that previous week, the average listing price was about $221,800.
- During the week ending on January 16, the average listing price for a 2-bedroom Canton home was $141,532
- The average listing price for a 3-bedroom home was $178,035
- And the average listing price for a 4-bedroom home was $293,368
- Here’s an overview of how other communities compared when it came to average listing price:
- Plymouth, MI: $353,300
- Northville, MI: $448,821
- Livonia, MI: $132,661
- Novi, MI: $1,066,290
- South Lyon, MI: $320,900
- Westland, MI: $83,421
List Your Canton Property with Us Today!
If you would like to take the next step toward listing your Canton, MI home on the local housing market, contact us at the Bittinger Team today!
We’ll be glad to assist you by helping you determine how much your Canton MI home is really worth and then setting the right list price based on that information.
Until next time,
Noel