May 23, 2024


We Do Fine Home

Livonia-area homes for sale rise to $159,900 median price

This 1,000-square-foot home on Avondale in Westland was listed as of July 12 for $160,000.

A regular Wayne County residence outlined for $159,900 in June, up 12.2% from the preceding month’s $142,500, an assessment of details from Real estate reveals.

The median list house selling price in June was down about 9.4% from June 2021. Wayne County’s median property was 1,273 sq. toes for a stated selling price of $129 for each sq. foot.

The Wayne County market was busy, with a median 30 days on current market. A thirty day period before, homes experienced a median 29 days on market place. The sector extra 2,536 new dwelling listings in June, as opposed with the 2,440 included in June 2021. The marketplace ended the month with some 3,219 listings of properties for sale.

The median household costs issued by Real estate may perhaps exclude significantly, or even most, of a market’s residences. The value and volume depict only properties that are solitary-family properties, condominums or townhomes. They include things like present homes, but exclude most new development as perfectly as pending and contingent gross sales.