Detroit Real Estate

Livonia, Plymouth, Wayne County Homes for Sale

Home Search Home Value Featured Listings Contact Us

Plymouth Michigan real estate market update

Plymouth Michigan real estate market  stays pretty steady because Plymouth  is a such a great place to live!.  With homes located within walking distance of the central  downtown, Kellogg Park, shops, and restaurants The City of Plymouth draws people looking "old time city life".  If you don't like older homes then Plymouth Township offers homes from 1500 square feet to over 4000 square feet with the latest amenities.

Right now there are only 164 Plymouth MI homes for sale.  They range in price from $34,000 up to $2,999,999.  Of those 164 homes 32 are short sales and only 9 Plymouth foreclosures.   The 9 Plymouth foreclosures are priced from $34,000 up to $700,000.  Average time on the market for these 164 Plymouth homes are 262 days.   Which tells me that quite a few of them are over priced because right now homes are selling relatively quickly if they are priced right.  It's not unusual in this 2010 Plymouth real estate market for homes to sell as soon as they are listed (within the first week).   Many sell within the first month if priced right while the other sit and sit.

Here is a table of all the Plymouth homes that sold in the last year by price range. 

 

Price Statistics Legend
Range Name Price Range Number of Listings Days on Market
       
  10,000 to 60,000 15 73
  60,001 to 110,000 44 100
  110,001 to 160,000 63 116
  160,001 to 210,000 78 114
  210,001 to 260,000 52 87
  260,001 to 310,000 42 169
  310,001 to 360,000 26 132
  360,001 to 410,000 20 135
  410,001 to 460,000 18 162
  460,001 to 510,000 7 124
  510,001 to 560,000 0 0
  560,001 to 602,000 2 267

For the 367 listings: For the 367 Sold listings:
Average List Price $229,777.00 Average Sold Price $218,747.00
Median List Price $205,000.00 Median Sold Price $193,000.00
Highest List Price $625,000.00 Highest Sold Price $602,000.00
Lowest List Price $31,900.00 Lowest Sold Price $12,552.00
List Volume $84,328,170.00 Sales Volume $80,280,160.00
Avg. Days On Market 118 Avg. Days On Market 120

 

 Search Plymouth foreclosures and Plymouth home listings 

Become a fan of Plymouth MI on Facebook

Plymouth Subdivision information

Plymouth MI photographs

Plymouth MI - Official Website

Official Website of Plymouth Township, Michigan (MI)

Information courtesy of RealComp II Ltd 



http://www.detroitmichiganrealestatehomes.com/0052C2
Posted on Mar 23, 2010 @ 8:11 am by russ.ravary - View Profile
digg me Reddit newsvine del.icio.us Technorati Stumble Upon Toolbar
Print russ.ravary Email Send feedback »

No comment yet...

Comment on this article


Your email address will not be displayed.


Your URL will be displayed.

Standard HTML is allowed in posts

Line breaks become <br />


Remember me


Allow users to contact you through a message form.
Captcha image.

Please enter the characters from the image above. (case insensitive)

This post has no feedback awaiting moderation...

 

This site proudly sponsored by:

Remerica Hometown One
Russ Ravary
44785 Five Mile Road
Plymouth, MI 48170


Phone: (734) 414-3261
Fax: (734) 420-3299
Email Me



Global Mortgage Group
Cell: (313) 310-9855
Fax: (734) 522-1072