Canton Real Estate Market Report for January

We are so excited to be starting off the new year with good news about home sales in Canton! 

Unlike the market in Plymouth Michigan, the Canton real estate market was remarkably favorable to area home sellers during the month of December.

For instance, both the home sales price and the average listing price increased.  Here's your comprehensive report on the current state of the Canton real estate market.

Canton Properties for Sale
Here’s a look at the latest data on the Canton housing market, based on the real estate website Trulia:

• Currently there are 384 resale and new homes on the market, including 317 in some stage of the foreclosure process.
• Between September and November, the median sales price for a Canton home was $234,000, up 46.2 percent from the year before.
• During that same period last year, the median sales price was $160,000.

Here’s a look at how neighboring cities stack up in terms of median sales price:

Wayne: $61,000
Westland: $72,000
Garden City: $63,500
Inkster: $74,593
Romulus: $52,500
Brownstown: $120,774

• Currently, the average price per square foot on a Canton home is $85, down 2.3 percent from the same period last year.
• During the week ending on December 21, the average listing price for a home was $203,113, up 2.2 percent from the week before.
• During that previous week, the average listing price was $198,652.

Here’s a look at how neighboring cities stack up in terms of average listing price:

Wayne: $49,389
Westland: $69,840
Garden City: $60,810
Inkster: $33,946
Romulus: $91,586
Brownstown: $145,456

• During the week ending on December 21, the average listing price for a 2-bedroom Canton home was $99,043
• The average listing price on a 3-bedroom home was $156,277
• And the average listing price on a 4-bedroom home was $261,024

Listing Your Canton Home for Sale

If you’ve been thinking about listing your Canton home for sale or if you have ANY questions about buying or selling a home, our team of Canton REALTORS would be happy to help! 

You can find our contact information by clicking here. Visit our website to discover why so many Canton area homeowners trust us to sell their home for top dollar. 

We also have helpful home selling resources, including:

• 8 ways we attract buyers
• Exclusive Canton Marketing Plan
• Sell Your Home in 24 Hours

Please join us in celebrating our amazing community on Facebook too!