Plymouth MI real estateHere is a quick Plymouth real estate update. You can get get the information from the table below where it breaks down the information by price points. Currently there are 103 Plymouth homes for sale that have been on the market an average of 325 days. The lowest price of a a piece of Plymouth real estate was $49,800. In the last 30 days 24 Plymouth homes have sold. The average time on the market was 156 days In November 23 Plymouth homes sold that had been on the market an average of 84 days. In October 31 Plymouth homes sold that had been on the market an average of 60 days. In September 30 Plymouth homes sold that had been on the market an average of 99 days. In August 29 Plymouth MI homes sold that had been on the market an average of 67 days. So basically from August to November houses were selling fairly quickly. Then in December either because of less homes on the market or a weak market the homes started slowing down. So this table basically tells me that some of these Plymouth MI homes for sale are over priced for the condition they are in. They have been on the market too long. Currently Plymouth & Plymouth Township MI has about a 4 month housing inventory. As a general rule, 5 to 6 months of inventory is considered to be a normal or balanced market. Over 6 months of inventory and we have buyer's market. Less than 5 months and we have a seller's market. The smaller the available inventory, the tighter the market is. Keep in mind that these are simply guidelines and will differ from market to market. Right now Plymouth MI homes are being snapped up if they are priced right.
If you have any questions about this Plymouth Real estate update feel free to give me a call or email me. Search Plymouth MI homes for sale Plymouth MI Subdivision information Plymouth MI one of the best places to live Bruin Lake front homes Livingston County MI http://www.detroitmichiganrealestatehomes.com/00560D Posted on Jan 03, 2011 @ 11:14 pm by russ.ravary - View Profile
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