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Canton, MI Real Estate Market Holding Strong This Month

Home Buying 5Home sales are doing quite well lately on the Canton, MI real estate market.

According to the latest market data, the average price per square foot as well as the median home sales price has shown year-over-year gains. Meanwhile, the average listing price has also been edging up as well.

Interested in learning more about recent market activity? We invite you to continue reading!

The 411 on Canton Home Sales Activity

Here’s an overview of the current state of the market:

  • Currently there are 450 homes for sale on the market, including 167 in some stage of the foreclosure process.
  • Between June and September, the average price per square foot for Canton homes was $119, up 4.4 percent from the same period last year.
  • Also during that time, the median sales price for Canton homes was $213,950 based on 90 home sales.
  • Compared to a year ago, the median home sales price has increased 2.9 percent, or $6,053.
  • And the number of home sales decreased 74.4 percent.
  • Here’s how other communities compared when it came to median sales price:
    • Plymouth: $231,300
    • Livonia: $158,500
    • Northville: $332,000
    • South Lyon: $268,750
    • Farmington: $175,000
    • Novi: $296,000
  • During the week ending on Sept. 23, the average listing price for Canton homes was $280,419.
  • That marks a 3.2 percent increase, or $8,741, compared to the week before.
  • Broken down further, the average listing price for a 2-bedroom home was $173,763
  • The average listing price for a 3-bedroom home was $236,462
  • And the average listing price for a 4-bedroom home was $350,500
  • Here’s a look at how other communities compared in terms of average listing price:
    • Plymouth: $344,622
    • Livonia: $178,095
    • Northville: $464,898
    • South Lyon: $295,523
    • Farmington: $205,035
    • Novi: $367,189

We’ll Help You Navigate the Canton Real Estate Market

If you’re ready to take that next step toward entering the Canton housing market as a buyer or seller, please make sure to contact us at Bittinger Team, Realtors.

We are your dedicated real estate experts and we would love to assist you by answering any questions you might have as well as providing you with some valuable home buying or home selling resources.

Until next time,

Noel

EXPLORE our website:  www.Bittinger.com

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