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Low Inventory Real Estate in Livonia Michigan

By
Real Estate Agent with National Realty Centers Livonia--Bob Jakowinicz

Low Inventory Real Estate in Livonia Michigan

If you or anyone you know has been thinking about selling their home in Livonia Michigan you have come to the right place.  In the latter part of 2020 and comfortably extending into 2021 the overall real estate industry has been booming!  As we all know selling your Livonia Michigan home is really all about supply and demand.  We have experienced a very very low supply with extremely high Livonia housing demand.  As of today March 9th 2021 this is how many choices you would have on properties for sale in Livonia Michigan.

CURRENT REAL ESTATE MARKET AS OF MARCH 2021 HEADING INTO THE SPRING REAL ESTATE MARKET.  Current market in Livonia Michigan is a very strong sellers market.  Prices are rising, housing inventory is very low, interest rates are low and in many cases multiple home buyers for every home listed in the area that is priced in the right range.

MARCH 9TH 2021:  Single family homes for sale in Livonia Michigan.  As I type this there are 32 single family homes in all of Livonia Michigan for sale.  Livonia is a fairly large suburb of Detroit Michigan and to only have 32 single family homes for sale is by far the lowest I've ever experienced in the last 17 years.  Demand is very high for single family housing in Livonia so 2021 is a great time to sell your home quickly and for top dollar.

MARCH 9TH 2021:  Residential condo style home for sale in Livonia Michigan.  Again as I type this up there are currently 4 residential condo style homes for sale in Livonia Michigan.  As you can see this number is also very low for the area.

If you or anyone you know in the general Livonia Michigan area are looking to sell their home please feel free to contact us or to pass our information along.

  

 

 

 

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have a productive March.

Mar 07, 2023 10:44 AM
Bob Jakowinicz

Thank you Roy

Mar 08, 2023 04:41 AM