Similar to recent developments in Canton, the Plymouth real estate market is showing some exceptional gains lately in terms of median home sales price and average price per square foot.
According to the most recent data, both have increased, even as the total number of homes sold decreased.
If you’re a current Plymouth home owner thinking about listing your property, now would be a great time to do so!
Properties for Sale in Plymouth
Here’s a summary of what’s been happening lately in Plymouth:
- Currently there are 168 homes for sale, including 61 in some stage of the foreclosure process.
- Between May and July, the average price per square foot for Plymouth homes was $142, up 24.6 percent when compared to the year before.
- The median sales price for Plymouth homes was $234,500 during that period, based on 154 home sales.
- Compared to a year ago, the median home sales price increased 30.3 percent, or about $54,500.
- And the total number of home sales decreased 18.5 percent year over year.
- Broken down further, during the week ending on August 14, the median sales price for a 2-bedroom Plymouth home was $150,000.
- The median sales price for a 3-bedroom home was $247,500
- And the median sales price for a 4-bedroom home was $293,125
- Here’s how other communities stacked up when it came to median sales price:
- Salem: $167,500
- Northville: $305,000
- Novi: $170,770
- Livonia: $130,625
- South Lyon: $202,500
- Superior Township: $48,000
- During the week ending on August 14, the average listing price for Plymouth homes was $388,768, up 1.1 percent from the week before.
- During that previous week, the average listing price was $384,500.
- Here’s how nearby communities stacked up when it came to average listing price:
- Salem: $140,000
- Northville: $500,090
- Novi: $354,742
- Livonia: $177,458
- South Lyon: $369,934
- Superior Township: $253,802
Plymouth Michigan Real Estate
If you’re interested in selling your current Plymouth home, then please contact us at The Bittinger Team, today.
We’re your experienced Michigan REALTORS® and we’ll be happy to assist you at every stage of the home selling process, starting with helping you list your Plymouth property and providing you with even more Plymouth market statistics.
Until next time,
Noel
Visit us on our website: www.Bittinger.com
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