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Plymouth Real Estate Market Report for May 2013

Plymouth real estateHome sellers are sure to be pleased with the most recent market data available for Plymouth, Michigan!

Evidently, both the average price per square foot and the median home sales price have shown year-over-year increases.

What’s more, the average listing price has also increased!

Real Estate for Sale in Plymouth

Here’s an overview of the recent data released about the Plymouth housing market:

  • Currently there are 154 homes for sale on the market, including 82 in some stage of the foreclosure process.
  • Between January and March, the average price per square foot for Plymouth homes was $134, up 13.6 percent from the same period last year.
  • In addition, the median home sales price for Plymouth homes was $195,000 based on 151 home sales.
  • That means that, compared to the same period a year ago, the median home sales price has increased by 6.9 percent, or about $12,574.
  • And the total number of home sales has increased by 9.4 percent.
  • More specifically, the median sales price for a 2-bedroom Plymouth home was $150,000
  • The median sales price for a 3-bedroom home was $227,500
  • And the median sales price for a 4-bedroom home was $311,625
  • Here’s how nearby communities compared when it came to median sales price:
    • Livonia, MI: $124,294
    • Northville, MI: $325,000
    • Belleville, MI: $107,000
    • Novi, MI: $173,345
  • During the week ending on April 24, the average listing price for homes was $347,122, up 3.2 percent from the previous week.
  • During that previous week, the average listing price was $337,000.
  • Here’s how nearby communities compared when it came to average listing price:
    • Livonia, MI: $149,910
    • Northville, MI: $496,833
    • Belleville, MI: $153,101
    • Novi, MI: $378,019

Plymouth Michigan Homes

If you’re currently living in Wayne County and thinking about selling your Plymouth property anytime soon, then please contact me, Noel Bittinger, today.

I’ll be happy to help you by answering any lingering questions you have and providing you straightforward home selling advice.

For now, please take a few moments to check out these online resources that I offer for free:

Until next time,

Noel

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