If you’re an interested home buyer looking to get a great deal on a Plymouth, MI home for sale before the end of the year, we have some great news for you!
According to the most recent market data, now is a fantastic time to invest in a Plymouth home.
After all, the average price per square foot has not changed since last year and the median sales price has actually decreased.
This means that as a home buyer, you have a great chance to get a good deal on a home for sale here before the end of the year. Continue reading to learn more.
An Overview of the Plymouth Housing Market
Here are some of the highlights of the latest market report from Plymouth:
- Currently there are 227 homes for sale on the market, including 52 in some stage of the foreclosure process.
- Between August and November, the average price per square foot for a Plymouth home was $147, which was unchanged from the same period last year.
- Also during that time period, the median sales price for Plymouth homes was $220,000, based on 14 home sales.
- When compared to the same period last year, the median sales price has decreased 5.1 percent, or $12,000.
- The number of home sales has decreased 92.3 percent.
- Here’s how other communities stacked up in terms of median sales price:
- Livonia: $197,500
- Northville: $390,000
- South Lyon: $265,000
- Farmington: $160,500
- Novi: $227,000
- Canton: $222,500
- During the week ending on November 11, the average listing price for Plymouth homes was $330,111, which represents a decrease of 1.3 percent from the week before.
- During that previous week, the average listing price was $335,000.
- Specifically, the average listing price for a 2-bedroom home was $233,055
- The average listing price for a 3-bedroom home in Plymouth was $295,464
- And the average listing price for a 4-bedroom home was $454,397
- Here’s how other communities compared when it came to average listing price:
- Livonia: $176,805
- Northville: $433,883
- South Lyon: $305,703
- Farmington: $194,025
- Novi: $332,535
- Canton: $272,179
How Can We Help With Your Plymouth, MI Real Estate Transaction?
As you can see, the time is right to get a good deal on a Plymouth home for sale!
So please take a moment now to connect with us at Bittinger Team, Realtors. We would love to assist you by informing you of all available Plymouth home listings as well as offering you some valuable home buying resources.
We’d also be happy to answer any questions you might have about recent market activity and how it might affect you specifically as a buyer.
Until next time,
Noel
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