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Plymouth Real Estate Market Starts 2014 on the Right Foot!

Plymouth home sellingIf the first numbers of 2014 are any indication, this year is going to be a great year for Plymouth home sellers!

According to the most recent data, the average price per square foot for homes jumped significantly, as did the median sales price.

If you’re considering listing your property anytime soon, you’ll definitely want to check out today’s blog!

Homes for Sale in Plymouth

Here’s an overview of the current state of the local housing market, based on the most recent market data:

  • Currently there are 158 homes for sale on the market, including 54 in some stage of the foreclosure process.
  • Between October and January, the average price per square foot for Plymouth homes was $149, up 26.3 percent from the same period last year.
  • Meanwhile, the median sales price for homes was $230,000 based on 134 home sales.
  • When compared to the same period last year, the median sales price increased 15.1 percent, or $30,250.
  • Meanwhile, the number of home sales decreased 8.2 percent.
  • Broken down further, the median sales price for a 2-bedroom home was $155,000
  • The median sales price for a 3-bedroom home was $255,000
  • And the median sales price for a 4-bedroom home was$ 401,075
  • Here’s how nearby communities stacked up when it came to median sales price:
    • Northville: $290,000
    • Novi: $238,700
    • Livonia: $140,000
    • South Lyon: $198,000
    • Wayne: $54,000
    • Canton: $194,000
  • During the week ending on January 8, the average listing price for Plymouth homes was $368,779, down 4.1 percent from the week before.
  • During that previous week, the average listing price was $383,000.
  • Here’s a look at how other communities compared in terms of average listing price:
    • Northville: $498,006
    • Novi: $346,447
    • Livonia: $159,768
    • South Lyon: $347,654
    • Wayne: $63,012
    • Canton: $233,711

List Your Plymouth Home on the Market Now!

Now is a great time to enter the market as a home seller  in Plymouth and get the price you want for your property!

So contact us at the Bittinger Team today for expert advice and valuable resources that will help you at every stage of the home selling process!

Until next time,

Noel

 

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