Livonia real estate market is still hot. It is not unusual for homes that are in good condition and fairly priced to sell in a day or two. It is not unusual for Livonia homes to have multiple offers. Right now (September 2011) it is not unusual for Livonia homes to sell over list price and for more than what the comps say.
Quick note - a comp is recent sold homes that have sold in the last six months that are similar in size and location.
Here are the latest sold listings for the last 10 days for the Livonia real estate market to give you a further idea of what is happening in the Livonia market today.
| SALE PRICE |
DOM |
SP PER SQFT |
SQUARE FOOTAGE |
YEAR BUILT |
| 12484 CARDWELL ST |
22000 |
22000 |
10 |
24.0437 |
915 |
1952 |
N |
| 15564 FAIRFIELD ST |
39900 |
36100 |
106 |
44.5129 |
811 |
1948 |
N |
| 28524 PICKFORD ST |
41000 |
41000 |
373 |
26.2316 |
1563 |
1959 |
Y |
| 19475 ANTAGO ST |
39000 |
45000 |
12 |
45.8248 |
982 |
1957 |
N |
| 34591 BEACON ST |
49900 |
48450 |
35 |
42.8003 |
1132 |
1947 |
N |
| 36644 GRANDON ST |
45000 |
58000 |
9 |
52.3938 |
1107 |
1958 |
N |
| 14453 LYONS ST |
79900 |
72000 |
15 |
62.2299 |
1157 |
1956 |
N |
| 19380 RENSELLOR ST |
83000 |
74000 |
80 |
74 |
1000 |
1958 |
N |
| 9925 ARDEN ST |
79900 |
74500 |
27 |
67.9744 |
1096 |
1937 |
N |
| 19446 HARDY ST |
89900 |
80000 |
86 |
74.2115 |
1078 |
1958 |
N |
| 31612 FAIRFAX ST |
89900 |
85000 |
29 |
42.1417 |
2017 |
1958 |
N |
| 11427 BROOKFIELD ST |
89900 |
88000 |
189 |
85.5199 |
1029 |
1950 |
N |
| 15813 DEERING ST |
89000 |
89000 |
84 |
70.3001 |
1266 |
1942 |
N |
| 29814 BUCKINGHAM ST |
99900 |
89900 |
25 |
76.251 |
1179 |
1961 |
N |
| 19520 FLAMINGO BLVD |
109900 |
96000 |
28 |
64.821 |
1481 |
1953 |
N |
| 31838 BRETTON ST |
109900 |
100000 |
41 |
83.4724 |
1198 |
1959 |
N |
| 15641 OPORTO ST |
109500 |
107910 |
14 |
98.638 |
1094 |
1955 |
N |
| 29550 OAKLEY ST |
115000 |
108500 |
36 |
98.368 |
1103 |
1958 |
N |
| 31341 WESTFIELD ST |
116900 |
110000 |
172 |
80.7635 |
1362 |
1954 |
N |
| 32856 PERTH |
109900 |
110000 |
8 |
81.7236 |
1346 |
1972 |
N |
| 31637 WYOMING ST |
125000 |
123000 |
53 |
119.883 |
1026 |
1955 |
N |
| 39096 GRENNADA ST |
117500 |
123000 |
6 |
86.1948 |
1427 |
1972 |
N |
| 31744 MIDDLEBORO ST |
139900 |
128000 |
23 |
74.8538 |
1710 |
1962 |
N |
| 38634 NORTHFIELD AVE |
144700 |
142500 |
26 |
105.7121 |
1348 |
1986 |
N |
| 37790 NORTHLAND ST |
150000 |
144000 |
161 |
80 |
1800 |
1962 |
N |
| 14838 ELLEN DR |
129900 |
144000 |
4 |
126.3157 |
1140 |
1959 |
N |
| 33919 OAKDALE ST |
169000 |
146900 |
277 |
112.1374 |
1310 |
1953 |
N |
| 31350 WENTWORTH ST |
158900 |
150000 |
138 |
107.4498 |
1396 |
1952 |
N |
| 15123 MARSHA ST |
164900 |
155000 |
237 |
113.5531 |
1365 |
1962 |
N |
| 38240 BLOOMFIELD DR |
165000 |
155000 |
41 |
104.5883 |
1482 |
1979 |
N |
| 16294 COUNTRY CLUB DR |
169900 |
165000 |
9 |
106.9345 |
1543 |
1965 |
N |
| 17660 LOVELAND ST |
168900 |
168900 |
52 |
88.1064 |
1917 |
1964 |
N |
| 15022 TAYLOR BLVD |
249900 |
230000 |
143 |
82.7338 |
2780 |
2006 |
N |
| 34803 FAIRFAX DR |
265900 |
265000 |
42 |
110.4166 |
2400 |
1986 |
N |
| 19243 LEVAN CT |
300000 |
276500 |
21 |
133.0606 |
2078 |
2000 |
N |
So if you are looking to buy or sell don't be surprised if the home sells quickly or there are multiple offers. If I was a home buyer and a new home comes on the market and I really wanted it. I definitely wouldn't offer less than 5% of list price. I may even offer full list price or more if I really wanted it. Or if the comps supported it.
This is what is happening in the Livonia real estate market. It is a hot market so if you are home buyer don't listen to the national news. They are talking about different areas of the country.
If you want that home be prepared to bid for it.
Search Livonia Homes
http://www.detroitmichiganrealestatehomes.com/005794
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