The news just keeps getting better and better for Plymouth home sellers!
According to the most recent market data, the average price per square foot for Plymouth real estate is on the rise!
What’s more, even though the total number of home sales has decreased, the median home sales price has actually increased!
Thus, those considering listing their property on the market can feel fairly confident they’ll have a positive experience!
Michigan Real Estate for Sale in Plymouth
Here’s an overview of the current state of the real estate market:
- Currently there are 171 homes for sale on the market, including 51 in some stage of the foreclosure process.
- Between August and November, the average price per square foot for Plymouth homes was $145, up 18.9 percent from the year before.
- Also during that period, the median sales price for homes was $231,000, based on 177 home sales.
- Compared to the same period last year, the median home sales price has increased 16.7 percent, or $33,000.
- Meanwhile the total number of home sales has decreased 3.3 percent.
- More specifically, during the week ending on November 6, the median sales price for a 2-bedroom Plymouth home was $255,000.
- The median sales price for a 3-bedroom home was $258,450.
- And the median sales price for a 4-bedroom home was $340,000
- Here’s how other communities compared when it came to median sales price:
- Northville: $320,500
- Novi: $248,700
- Livonia: $150,000
- South Lyon: $251,000
- Wayne: $47,555
- Canton:$195,928
- During the week ending on November 6, the average listing price for homes was $343,513, down 5.1 percent from the week before.
- During that previous week, the average listing price for homes was $361,000.
- Here’s how nearby communities stacked up in terms of average listing price:
- Northville: $466,360
- Novi: $314,148
- Livonia: $168,992
- South Lyon: $371,498
- Wayne: $69,896
- Canton: $236,295
Ready To Sell in Michigan?
If so, then make sure to contact us at the Bittinger Team! We have years of experience helping home sellers just like you get the outcome they want on the local housing market!
We also invite you to check out some of the resources we have made available online, including our What’s Your Home Worth feature as well as our Market Stats for Your Home tool.
Until next time,
Noel
Explore our website: www.Bittinger.com
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