The Canton real estate market continues to show gains month after month in terms of such market indicators as average listing price and median sales price.
And this is encouraging news for anyone wanting to list their home on the market because it means that they have a great opportunity to get a fair price for their home.
Let’s take a closer look at recent market activity in Canton now.
News You Can Use on the Canton Housing Market
Here are the highlights of the most recent market data report for Canton:
- Currently there are 405 homes for sale on the market, including 185 in some stage of the foreclosure process.
- Between August and November, the average price per square foot for Canton homes was $112, up 3.7 percent from the same period last year.
- Also during that time, the median sales price for Canton homes was $209,250 based on 192 home sales.
- Compared to a year ago, the median home sales price increased 5.7 percent, or $11,250.
- And the number of home sales went down 58.4 percent.
- Here’s a look at how other communities stacked up in terms of median sales price:
- Northville: $324,900
- Livonia: $155,000
- South Lyon: $260,000
- Farmington: $158,950
- Novi: $252,500
- Plymouth $233,750
- During the week ending on Nov. 5, the average listing price for Canton homes was $253,244, up 3.9 percent from the week before.
- During that previous week, the average listing price was $244,300.
- Here’s a further breakdown of average listing prices in Canton:
- 2-bedroom homes: $171,670
- 3-bedroom homes: $192,201
- 4-bedroom homes: $339,776
- And here’s how other communities compared when it came to average listing price:
- Northville: $527,168
- Livonia: $169,060
- South Lyon: $413,678
- Farmington: $147,339
- Novi: $364,641
- Plymouth $357,981
Take the Next Steps Toward Selling Your Canton Home
Contact us at The Bittinger Team for valuable insight on the best way to tackle the local housing market if you’re trying to list your Canton home.
We’ll provide you with useful resources and expert advice to ensure that your experience on the housing market in Canton is a good one.
Till next time,
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