Greetings! I hope you and your family had an enjoyable St. Patrick’s Day weekend and that your Monday is off to a great start!
Today, I’d like to provide you with a quick update on the current state of the Plymouth, Michigan real estate market.
According to the most recent information – both the median home sales price and the total number of home sales are up – suggesting that this is a great time to be a Plymouth home seller!
Properties for Sale in Plymouth
Here’s a summary of the most recent market data for Plymouth:
- Currently there are 161 homes for sale on the market, including 88 in some stage of the foreclosure process.
- Between November and January, the average price per square foot for homes was $133, up 12.7 percent when compared to the same period the year before.
- Also during that time, the median sales price for homes was $186,600, based on 122 home sales.
- When compared to the same period a year ago, the median home sales price increased 6.6 percent – or about $11,600.
- Meanwhile, the total number of home sales increased by 2.5 percent when compared year-over-year.
- Here’s how nearby Michigan communities stacked up in terms of median sales price:
- Livonia, MI: $123,900
- Northville, MI: $326,911
- Belleville, MI: $124,900
- During the week ending on February 20, the average listing price for homes was $378,176, down 1.4 percent from the week before.
- During that previous week, the average listing price was $383,500.
- More specifically, 2-bedroom Plymouth homes had an average listing price of $224,544 during the week ending on February 20.
- 3-bedroom homes had an average listing price of $240,516.
- And 4-bedroom homes had an average listing price of $407,045.
- Here’s how other communities stacked up in terms of average listing price:
- Livonia, MI: $147,509
- Northville, MI: $458,156
- Belleville, MI: $154,095
Listing Your Plymouth Home for Sale
If you’re interested in listing your Plymouth home anytime soon, please contact us, Lee & Noel Bittinger, today!
We’ll walk you through the entire home selling process – from determining the true value of your Plymouth home to attending the final closing.
For now, be sure to check out some of our online home-selling resources, including:
Until next time,
Noel