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Your Final Plymouth, MI Real Estate Report for 2015

home searchThe last few weeks of the year on the Plymouth housing market have proven to be a bit of a mixed bag for home buyers and home sellers.

After all, although the median home sales price increased in the last few weeks, the total number of home sales has actually decreased.

If you’re considering entering the market anytime soon in Plymouth, be sure to continue reading to learn more about the current state of the local housing market.

Check Out Recent Real Estate Activity in Plymouth MI

Here are the highlights of the latest market activity in Plymouth:

  • Currently there are 229 homes for sale on the market, including 54 in some stage of the foreclosure process.
  • Between September and December, the median sales price for homes was $359,000 based on 8 home sales.
  • Compared to the same period last year, the median home sales price has increased 55 percent, or $127,500.
  • And the number of home sales has decreased 95.1 percent.
  • During the week ending on Dec. 2, the average listing price for Plymouth homes was $332,000, up 2.4 percent from the week before.
  • During that previous week, the average listing price was $225,000.
  • Broken down further, the average listing price for a 2-bedroom home was $223,707.
  • The average listing price for a 3-bedroom home was $302,863.
  • And the average listing price for a 4-bedroom home was $484,082
  • Here’s how other communities stacked up in terms of average listing price:
    • Livonia: $174,804
    • Northville: $443,117
    • South Lyon: $308,394
    • Novi : $321,625
    • Canton: $272,701
    • Farmington: $186,396
  • Here’s how other communities compared when it came to median sales price:
    • Livonia: $ 130,000
    • Northville: $283,500
    • South Lyon: $268,000
    • Novi: $257,500
    • Canton: $484,000
    • Farmington: $185,000

We’ll Help You Buy and Sell Real Estate in Plymouth

If you’re encouraged by the recent activity on the Plymouth housing market and would like to enter as a buyer or seller, be sure to contact us at Bittinger Team, REALTORS.

We have years of experience helping buyers and sellers just like you and we would love to offer you that expertise to help you realize your own real estate dreams.

Until next time,

Noel

EXPLORE our website:  www.Bittinger.com

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