The Plymouth real estate market had the same kind of mixed-bag month that its neighbor, Canton, had.
If you’re thinking about listing your home on the Plymouth housing market, here are three things you should know about the current state of the market:
- The average price per square foot has increased in town
- The median sales price for homes has increased
- But the total number of home sales has actually decreased.
More Data That Affects You If You’re A Plymouth Home Seller
Here are the highlights of the latest data report on the Plymouth real estate market:
- Currently there are 159 homes for sale on the Plymouth real estate market, including 45 in some stage of the foreclosure process.
- Between November and February, the average price per square foot for Plymouth homes was $136, up 5.4 percent when compared to the same period last year.
- Meanwhile, the median home sales price for Plymouth was $225,000 based on 103 home sales.
- Compared to the same period last year, the median home sales price increased 9.8 percent, or $20,000.
- And the total number of home sales decreased 27 percent.
- Here’s how nearby communities stacked up when it came to median sales price:
- Northville $299,000
- Livonia $135,500
- South Lyon $193,000
- Farmington 134,900
- Novi $243,325
- Canton$188,750
- During the week ending on Feb. 26, the average listing price for Plymouth homes was $356,527, down 0.5 percent from the week before.
- Here’s how other communities compared when it came to average listing price:
- Northville $477,499
- Livonia $158,213
- South Lyon $360,619
- Farmington $185,304
- Novi $360,293
- Canton $223,114
I Can Help You Sell Your Plymouth Home Today!
Despite the mixed results on the Plymouth housing market, home sellers really do have a great opportunity to get a fantastic price on their home for sale. However, it helps to work with an experienced Plymouth REALTOR®, such as me, Noel Bittinger.
So if you’re interested in listing your home anytime soon, make sure to contact me today! I would love to help!
Until next time,
Noel
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