It’s been a productive last few weeks on the Canton real estate market! Not only is the average price per square foot up on Canton homes, but so is the median sales price!
What’s more, the total number of home sales has increased year-over-year.
Home sellers all over Canton are encouraged by these numbers, which suggest that the market is increasingly favoring sellers.
Properties for Sale in Canton
Here’s an overview of recent market activity in Canton:
- Currently there are 345 homes for sale on the market, including 200 in some stage of the foreclosure process.
- Between July and October, the average price per square foot for Canton homes was $109, up 21.1 percent from the year before.
- Also during that time, the median sales price for Canton homes was $205,000 based on 423 home sales.
- When compared to a year ago, the median home sales price has increased 24.2 percent, or $40,000.
- Meanwhile, the total number of home sales has increased 15.3 percent.
- Here’s how other communities compared when it came to median sales price
- Northville: $319,950
- Novi:$250,000
- Livonia: $144,000
- South Lyon: $258,000
- Superior Township: $421,000
- During the week ending on Oct. 23, the average listing price for Canton homes was $226,568, which was unchanged from the week before.
- Broken down further, the average listing price for a 1-bedroom Canton home was $120,329
- The average listing price for a 2-bedroom home was $161,477
- And the average listing price for 3- and 4- bedroom homes in Canton were $172,940 and $316,625, respectively.
- Here’s how other communities compared in terms of average listing price:
- Northville: $497,818
- Novi: $324,887
- Livonia: $169,142
- South Lyon: $335,124
- Superior Township: $142,588
Sell Your Canton, MI Home Now
If you’re considering listing your home on the Canton housing market anytime soon, it may behoove you to learn about specific sales activity in your neighborhood.
So contact us at The Bittinger Team to receive this valuable information – as well as expert home selling guidance!
Until next time,
Noel
Explore our website: www.Bittinger.com
LIKE us on Facebook at Living In Plymouth/Canton/Northville Michigan to stay abreast of the local real estate market and to celebrate these communities with us!
LIKE us on Facebook at Michigan Homes Coming Soon to learn about the hottest new listings … sometimes before they are even on the market!