Our local housing market in Plymouth continues to thrive, according to the latest market data available.
Evidently, over the last month, the average listing price as well as the average price per square foot has continued to increase. And when compared to last year, the median home sales price is up, too!
This is excellent news for anyone considering listing their home on the market anytime soon. Let’s take a closer look at this recent data.
Plymouth Home Sellers Enjoying Successful Outcomes in MI
Here’s a summary of the most recent Plymouth real estate market data:
- Currently there are 244 homes for sale on the market, including 44 that are in some stage of the foreclosure process.
- Between May and August, the average price per square foot for Plymouth homes was $146, up 5 percent when compared to the same period last year.
- Meanwhile, the median sales price for homes was $271,000 based on 95 home sales.
- When compared to the same period last year, the median home sales price increased 12.9 percent, or $21,000.
- And the total number of home sales decreased 52.7 percent.
- Here’s a look at nearby communities in terms of median home sales price:
- Northville 325,000
- Livonia $150,000
- South Lyon $260,000
- Farmington 167,250
- Novi $247,250
- Canton $205,000
- During the week ending on August 20, the average listing price for Plymouth homes was $393,566, up 7 percent from the week before.
- During that previous week, the average listing price was $267,744.
- Broken down, the average listing price for a 2-bedroom home was$184,890
- The average listing price for a 3-bedroom home was $286,052
- And the average listing price for a 4-bedroom home was $452,564
- Here’s how other community compared when it came to average Listing Price
- Northville $494,601
- Livonia $178,069
- South Lyon $360,239
- Farmington $153,793
- Novi $361,465
- Canton $256,740
We’ll Help You Get Your Home Sold in Plymouth!
Contact us at The Bittinger Team today to capitalize as a home seller on the favorable market activity going on right now in Plymouth!
We would love to offer you access to our exclusive home marketing plan as well as valuable home selling resources to help get your home sold quickly – and for the best price! After all, it’s what we’ve been doing since 1983!
Until next time,
Noel
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