Just like in the neighboring community of Canton, the town of Plymouth has shown tremendous favor for area home sellers, according to the most recent data from Trulia.
Evidently, the average price per square foot on homes has increased, as has the total number of home sales.
This is great news for those interested in listing their Plymouth property and getting a great price for it!
Homes for Sale in Plymouth, MI
Here’s a brief overview of recent market activity on the Plymouth real estate market:
- Currently, there are 154 homes for sale on the market, including about 75 in some stage of the foreclosure process.
- Between February and April, the average price per square foot for Plymouth homes was $137, up 19.1 percent from the same time last year.
- Also during that period, the median sales price for Plymouth homes was $195,000 based on 159 home sales.
- When compared to last year, the median sales price has increased 11.4 percent, or $20,000.
- Meanwhile, the total number of home sales increased 16.1 percent.
- Here’s how other communities compared when it came to median sales price:
- Livonia, MI: $120,375
- Northville, MI: $321,000
- Belleville, MI: $111,500
- Novi, MI: $195,500
- During the week ending on May 15, the average listing price for Plymouth homes was $332,835, down 3.6 percent from the previous week.
- During that previous week, the average listing price was about $344,000.
- Broken down even further, the average listing price for a 2-bedroom Plymouth home during the week ending on May 15 was $146,200
- The average listing price for a 3-bedroom home was $212,639
- And the average listing price for a 4-bedroom home was $414,043
- Here’s how other communities stacked up in terms of average listing price
- Livonia, MI: $153,109
- Northville, MI: $494,182
- Belleville, MI: $169,716
- Novi, MI: $961,164
Your Dedicated Plymouth, MI REALTOR®
If you’re interested in listing your Plymouth home for sale on the market, please contact us, The Bittinger Team, today.
I’ll help you with all of your home selling needs by offering you practical advice and helpful tools like:
Until next time,
Noel