Farmington Hills Michigan real estate info

Whether you are selling a Farmington Hills Michigan home, or relocating to Michigan, or thinking of moving to Farmington Hills the tables below will give you an idea of the Farmington Hills real estate market.  The tables below will tell you how long Farmington Hills homes have been sitting on the market by price range,  what the average lisst price is and the average time on the market is.

The tables below also give Farmington Hills homes average sold price and Farmington Hills median home sales price.  Don’t use this table to price your home, but use as an indication of where the price points are that people are buying Farmington Hills homes.

Farmington Hill Home Price Statistics

Num of Listings 1300

975
650
325
0
169 528 1077 1340 1321 857 714 289 155 83 68 62 38 18 25
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 R11 R12 R13 R14 R15
Price Range
Farmington Hill Real Estate Price Statistics Legend
Range Name Price Range Number of Listings Days on Market
R1 50,000 to 100,000 169 144
R2 100,001 to 150,000 528 150
R3 150,001 to 200,000 1077 152
R4 200,001 to 250,000 1340 155
R5 250,001 to 300,000 1321 156
R6 300,001 to 350,000 857 160
R7 350,001 to 400,000 714 170
R8 400,001 to 450,000 289 155
R9 450,001 to 500,000 155 175
R10 500,001 to 550,000 83 169
R11 550,001 to 600,000 68 178
R12 600,001 to 650,000 62 211
R13 650,001 to 700,000 38 146
R14 700,001 to 750,000 18 192
R15 750,001 to 800,000 25 206

For the 6744 listings: For the 1042 Sold listings:
Average List Price $281,534.00 Average Sold Price $240,998.00
Median List Price $264,900.00 Median Sold Price $230,000.00
Highest List Price $800,000.00 Highest Sold Price $765,000.00
Lowest List Price $1.00 Lowest Sold Price $52,000.00
List Volume $1,898,666,000.00 Sales Volume $251,121,100.00
Avg. Days On Market 157 Avg. Days On Market 131

There are many beautiful homes in Farmington Hills and Farmington Michigan.  You can find beautiful Historic Victorian homes, ranches, bugalow, large lots, and gorgeous newer colonials.  Farmington and Farmington Hills have a home style for almost any family.

My quote of the day is:

What a pity human beings can’t exchange problems.  Everyone knows exactly how to solve the other fellow’s.  ~Olin Miller

 

Comp and Listing Information Courtesy of Realcomp II Ltd, Properties shown have been listed and sold by various MLS member REALTOR® agents

 

 

Posted in Blog, Farmington Hills, Market reports, Neighborhoods

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