Canton MI real estate

What’s happening with Canton homes for sale

In my opinion Canton real estate is a bargain.  There are many, many homes that are selling below $100 a square foot.  With the Metro Detroit housing prices still falling in many areas it is better to buy a home that is in the lowest price range.  Better to buy a Canton home at the low end of the price range than buy a home in another city at the high end of the price range for per square foot.

Here is what happened in Canton MI in the last month.   There were only 37 Canton homes that sold in the last month.  But there are 337 Canton homes for sale.  If only 37 homes sell a month it means we have a 10 month supply of homes for sale in Canton.

 

Canton Home Price Statistics
Price Range Number of Listings Days on Market
10,000 to 60,000 2 57
60,001 to 110,000 20 102
110,001 to 160,000 63 90
160,001 to 210,000 91 133
210,001 to 260,000 54 121
260,001 to 310,000 33 164
310,001 to 360,000 33 162
360,001 to 410,000 14 181
410,001 to 460,000 15 151
460,001 to 510,000 7 159
510,001 to 560,000 1 144
560,001 to 610,000 1 156
610,001 to 660,000 0 0
660,001 to 710,000 1 89
710,001 to 760,000 0 0
760,001 to 810,000 0 0
810,001 to 860,000 1 1634
860,001 to 910,000 0 0
910,001 to 950,000 1 49

For the 337 Canton homes for sale : For the 37 Canton Sold listings:
Average List Price $238,994.00 Average Sold Price $214,440.00
Median List Price $209,900.00 Median Sold Price $184,100.00
Highest List Price $950,000.00 Highest Sold Price $475,000.00
Lowest List Price $35,000.00 Lowest Sold Price $79,500.00
List Volume $80,541,140.00 Sales Volume $7,934,298.00
Avg. Days On Market 133 Avg. Days On Market 155

If you are thinking of buying a home in Western Wayne County and thinking about Canton feel free to go to my websites.

Search Canton MI Detroit foreclosures

Search Wayne County Lake homes

Search Canton Michigan homes for sale

Search Michigan foreclosures by City

My quote of the day:

“Holding on to anger is like grasping a hot coal with the intent of throwing it at someone else; you are the one who gets burned.” – Buddha

search Northville homes for sale

 

 

 

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