Plymouth Michigan Housing Stats | June 2010

By
Real Estate Agent with Berkshire Hathaway HomeServices Snyder & Company, REALTORS

[To view the Plymouth Michigan housing stats, be sure to click "Fullscreen" below to see everything.]

Plymouth Michigan Real Estate Statistics | June 2010

Average Sales Price:  $229,896

June saw a nice increase in the average sales price over May, a 12.64% increase in fact.  There were 37 homes in Plymouth, Michigan that were bought in the month of June.

Average Sales Price to List Price Ratio:  92.60%

In June, homes in the city of Plymouth, Michigan sold for about 7% less than what they were offered as for sale.  This ratio is based on the original list price of the home and final sales price.  Please note that this ratio does not take into account any concessions or money back from the seller to the purchaser.

Average Number of Days on the Market:  83

Nearly three months is what it took, on average, for homes to sell in June.  This means that if your home was of average price and quality, it would have sold for an average of 93% of list price within eighty three days.

Average Sales Price per Square Foot:  $113

Good news for sellers: the sales price per square foot of a home sold in Plymouth Michigan has gone up.  For the second month in a row, the market has pushed the average sales price per square foot higher.  Considering there were more homes sold in June than in May or April, this shows the market is seeing greater value in homes hitting the Plymouth Michigan real estate market.

Comments (1)

Lang Premier Properties
Lang Premier Properties - Clawson, MI
Metro Detroit Real Estate Group

Todd,

 

I wanted to let you know that I love the format you have for the charts.  Where did you obtain that from?

Market Updates are always great blogs and I have had many clients tell me to do more.  

Nov 11, 2011 09:18 AM