Here is the latest Livonia real estate update on how houses are selling. So many people are still thinking that you can put low -ball offers on homes in the area. But the Livonia real estate market is changing. It is no longer a buyers market.
| Livonia real estate Price Statistics |
| |
Price Range |
Number of Listings |
Days on Market |
| |
|
|
|
| |
10,000 to 30,000 |
8 |
121 |
| |
30,001 to 50,000 |
24 |
115 |
| |
50,001 to 70,000 |
24 |
72 |
| |
70,001 to 90,000 |
30 |
93 |
| |
90,001 to 110,000 |
44 |
109 |
| |
110,001 to 130,000 |
49 |
100 |
| |
130,001 to 150,000 |
26 |
96 |
| |
150,001 to 170,000 |
25 |
104 |
| |
170,001 to 190,000 |
11 |
161 |
| |
190,001 to 210,000 |
10 |
130 |
| |
210,001 to 230,000 |
7 |
362 |
| |
230,001 to 250,000 |
2 |
124 |
| |
250,001 to 270,000 |
2 |
71 |
| |
270,001 to 290,000 |
2 |
73 |
| |
290,001 to 310,000 |
3 |
298 |
| |
310,001 to 330,000 |
2 |
30 |
| |
330,001 to 350,000 |
0 |
0 |
| |
350,001 to 365,000 |
2 |
149 |
|
| For the 271 Livonia listings: |
For the 271 Livonia Sold listings: |
| Average List Price |
$126,887.00 |
Average Sold Price |
$119,851.00 |
| Median List Price |
$117,500.00 |
Median Sold Price |
$114,000.00 |
| Highest List Price |
$469,900.00 |
Highest Sold Price |
$365,000.00 |
| Lowest List Price |
$14,900.00 |
Lowest Sold Price |
$15,000.00 |
| List Volume |
$34,386,300.00 |
Sales Volume |
$32,479,510.00 |
| Avg. Days On Market |
112 |
Avg. Days On Market |
113 |
|
It's hard to imagine that there are 84 homes in Livonia that sold for under $100,000. There are bargains in Livonia real estate right now. I have recently helped a client buy a nice house for under $100,000 and it wasn't a bank foreclosure. There are deals in short sales, estate homes, and relocation homes.
I hope this helps you understand the Livonia real estate market right now. Feel free to call me with any questions or if you want to see some Livonia homes.
Russ Ravary your Metro Detroit realtor
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sold comp information courtesy of RealComp II Ltd