Just as in nearby Canton, the Plymouth real estate market has had its fair share of gains in the last several weeks.
Here are five encouraging signs on the local housing market:
- The average price per square foot has increased
- The median sales price has increased
- The total number of homes in the foreclosure process has decreased
- The average listing price has increased
- The median price for homes in Plymouth is higher than surrounding areas
If you’re considering selling your home anytime soon, you’ll definitely want to check out today’s real estate blog!
Plymouth Home Sales Data
Here’s an overview of the current state of the market in Plymouth, based on the most recent data:
- Currently there are 198 homes for sale on the market, including 56 in some stage of the foreclosure process.
- Between June and August, the average price per square foot for Plymouth homes was $155, up 25.2 percent from the same period a year ago.
- Meanwhile, the median sales price for Plymouth homes was $214,700, based on 96 home sales.
- Compared to a year ago, the median home sales price has increased 26.3 percent, or about $44,700.
- And the total number of home sales has decreased 54.9 percent.
- During the week ending on Sept. 25, the average listing price for Plymouth homes was $373,161, up 1.6 percent from the week before.
- During that previous week, the average listing price was $368,000.
- Broken down further, the average listing price for a 1-bedroom Plymouth home during the week ending on Sept. 25 was $214,148
- The average listing price for a 2-bedroom home was $174,229
- And the average listing price for 3- and 4- bedroom homes were $244,988 and $447,090 respectively.
- Here’s a look at how other communities fared when it came to average listing price during that same week:
- Salem: $140,000
- Northville: $500,338
- Novi: $357,130
- Livonia: $167,882
- South Lyon: $353,815
- Superior Township: $160,171
- Here’s how other communities did when it came to median sales price:
- Salem: $167,500
- Northville: $319,988
- Novi: $199,445
- Livonia: $131,750
- South Lyon: $150,000
- Superior Township: $48,000
Your Dedicated Plymouth REALTORS®
If you’re as encouraged by the above data as we are and you’re ready to list your Plymouth home for sale, then please contact us at The Bittinger Team.
We’ll be happy to assist you by answering any questions you may have as well as providing you with a FREE Plymouth home evaluation.
Until next time,
Noel
Explore our website: www.Bittinger.com
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