Here is an update on the Canton real estate market. It is a buyers market in Southeastern Michigan with Canton real estate being no different. In Canton some bargain homes are selling for as little as $100 a square foot. There are lots of bargains out there if you are patient and search for them. If you don't let your emotions get the best of you will get a great home value. Newer Canton homes seem to be holding their value better, but there are even good deals in homes under 7 years old. Feel free to go to my website www.russravary.com to search for Canton Homes for sale.
Here are statistics on how long Canton homes in Michigan are on the market in different price ranges. If you are thinking of buying a home and have a home to sell, look at the chart carefully. Can you afford to pay two mortgage payments up to a 150, or 217 days (that's an average too) Can you imagine how long some homes are on the market if that is the average? My recommendation to anybody looking to buy a homewith a home to sell is: DON'T BUY UNTIL YOU SOLD YOUR HOME. You must realize that buyers are going to low-ball you, and make offers that will insult you. You have to be motivated to sell in this market. If you do not have to sell, want a high price,or just testing the market, don't waste your time. This isn't the market to be the highest price in the neighborhood. The only #1 spot you will end up getting is the longest time on the market. (before you pull it off unsold, or before you have to drop price in line with the other Canton homes). Why would somebody pay $20,000 or $30,000 more for your home when they can get a similar home down the street for less.
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| Num of Listings | 60
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I hope this information gave you a glimpse of the Canton Real estate market in Michigan
Have a great day. Russ Ravary
Canton MI real estate
Comp and Listing Information Courtesy of Realcomp II Ltd, Properties shown have been listed and sold by various MLS member REALTOR® agents
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