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Livonia, MI real estate market update

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Real Estate Agent with Real Estate One 6501304423

Livonia Real Estate market update.

With it being a Buyers market in Livonia, Mi it is more important than ever to price your Livonia Home right when selling it.  Below is a table showing how long homes have been on the market for different price ranges.  This information is to give you an idea of how long Livonia Homes have been on the market.  It should not be used to set your list price.  You need to have a comparative market analysis done to show you what Livonia homes like yours have sold for in the last year and what your competition is.

For more on Michigan relocation Information, Wayne county real estate, Livonia subdivisions, City of Livonia info, Wayne county sellers tips, Livonia homes for sale go to my website http://www.russravary.com  %20southeastern%20michigan's%20/#1 informational real estate website    Have a great day Russ Ravary

Price Statistics

Num of Listings   320
 
240
160
80
 
25 36 87 174 281 317 216 155 124 87 67 64 28 24 8 5 7 4
  R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 R11 R12 R13 R14 R15 R16 R17 R18
 
Price Range

 

Price Statistics Legend
Range Name Price Range Number of Listings Days on Market
R1 50,000 to 70,000 25 97
R2 70,001 to 90,000 36 93
R3 90,001 to 110,000 87 96
R4 110,001 to 130,000 174 109
R5 130,001 to 150,000 281 121
R6 150,001 to 170,000 317 137
R7 170,001 to 190,000 216 142
R8 190,001 to 210,000 155 138
R9 210,001 to 230,000 124 151
R10 230,001 to 250,000 87 178
R11 250,001 to 270,000 67 157
R12 270,001 to 290,000 64 143
R13 290,001 to 310,000 28 140
R14 310,001 to 330,000 24 174
R15 330,001 to 350,000 8 250
R16 350,001 to 370,000 5 154
R17 370,001 to 390,000 7 215
R18 390,001 to 400,000 4 175

For the 1709 listings: For the 882 Sold listings:
Average List Price $182,954.00 Average Sold Price $175,091.00
Median List Price $169,900.00 Median Sold Price $165,000.00
Highest List Price $448,900.00 Highest Sold Price $400,000.00
Lowest List Price $50,000.00 Lowest Sold Price $52,500.00
Average Market Time 133 Average Market Time 118

 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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Real Estate One

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