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The Springtime Real Estate Conditions in Plymouth

a home seller handing over the key to his sold homeSelling your home is all about timing. When is the best time to put your home on the market? Is springtime truly the best time to sell? What are the real estate market conditions today?

Researching up-to-date market activity, such as on our monthly market updates, is your best resource for selling your home in Plymouth.

Months of Supply for Plymouth Homes

As we mentioned in our Canton real estate update, recently sold homes help us determine current market activity. Months of supply, specifically, can tell us approximately how long it would take to sell all the homes on the market right now if no new homes were listed.

Across all residential real estate options in Plymouth, it would take about 3 months to sell the current inventory, based on the number of homes sold within the last 30 days. Home sellers typically have the advantage in cases when supply is low.

Current Inventory of Homes by Feature

However, the market for specific homes and price ranges can vary even within the community. For popular Plymouth home search options, such as homes with in-ground pools and new construction, the activity varies, as displayed on the graph below.

For new construction homes in Plymouth, there are 26 homes on the market while just one has been sold within the last month. This means there are 26 months of supply, and home buyers tend to have the advantage.

The market for homes with pools, however, has about 4.25 months of supply, which favors home sellers.

To learn more about real estate activity in Plymouth and its neighborhoods, subscribe to our weekly Plymouth real estate market reports.

Bittinger Team, REALTORS® Can Help You Sell for Top Dollar

Researching the current real estate conditions in Plymouth is an excellent start when selling your home. But selling your home takes more than knowledge of the real estate market, and we offer even more resources for home sellers than just monthly market updates.

It takes local experts to help you attract qualified buyers, prepare your home for sale from outside to inside, and broadcast your home — before it even goes on the market. And since selling your home is all about timing, finding the best REALTORS® to help you sell both quickly and for top dollar is crucial.

plymouth township signLet’s Talk About Selling Your Home

More than 3,800 buyers and sellers have trusted Bittinger Team, REALTORS® to sell or buy their most valuable asset; not only do we want to help you sell quickly and for top dollar, we want to give you peace of mind about every detail of the home selling process. Let’s talk — call us at (734) 459-2600 or email us today at team@bittinger.com.

 

Until next time,

Noel

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