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Canton MI Real Estate Market Ending 2014 Strong

Canton Home Selling 8It’s been a great year for Canton, Michigan home sellers. And recent market data indicates that trend will continue through Dec. 31.

According to recent activity, the average price per square foot for Canton homes has increased – as has the median sales price when compared to last year.

Thus, if you’re considering listing your property in Canton anytime soon, now is a great time to do so!

Let’s Take a Closer Look at Market Activity in Canton

Here’s an overview of the most recent market data available for Canton:

  • Currently there are 390 homes for sale on the market, including 188 in some stage of the foreclosure process.
  • Between August and November, the average price per square foot for Canton homes was $110, up 1.9 percent when compared to the same period last year.
  • Meanwhile, the median sales price for homes was $207,500 based on 138 homes for sale.
  • Compared to the same period last year, the median home sales price has increased 4.8 percent or $9,500.
  • And the total number of home sales has decreased 67.8 percent.
  • Here’s a look at how other communities compared when it came to median sales price:
    • Northville: $322,450
    • Livonia: $155,000
    • South Lyon: $225,000
    • Farmington: $154,000
    • Novi: $252,500
    • Plymouth: $248,000
  • During the week ending on Nov. 26, the average listing price for homes was $260,658.
  • Broken down, the average listing price for a 2-bedroom home was: $168,762
  • The average listing price for a 3-bedroom home was $210,133
  • And the average listing price for a 4-bedroom was $347,558.
  • Here’s how other communities compared when it came to average listing price:
    • Northville: $534,774
    • Livonia: $165,243
    • South Lyon: $395,672
    • Farmington: $141,574
    • Novi: $351,374
    • Plymouth: $ 320,759

Contact Us For Your Next Canton Real Estate Transaction

As you can see, there’s plenty to celebrate on the Canton housing market if you’re a home seller.

If you’re interested in learning more about the current state of the Canton real estate market and how it may impact you as a seller, please contact us at The Bittinger Team.

We would love to provide you with insightful home selling advice and valuable resources.

Until next time,

Noel

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