Is Climax Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Climax Township was a Neutral Market.
Housing Prices in Climax Township, MI
How much do homes in Climax Township, MI cost?
Median Sold Price
$246,525
$143/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Climax Township was $246,525 in February 2024, up 9.6% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $246.5K | N/A |
3 Bedrooms | - | $200K | N/A |
4 Bedrooms | $225K | - | N/A |
5+ Bedrooms | - | $265K | N/A |
Summary: Climax Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Climax Township | $225K | $246.5K | +9.6% |
Climax | $225K | $232.5K | +3.3% |
Wakeshma Township | $344.9K | $154.9K | -55.1% |
Housing Supply in Climax Township, MI
How many homes are available in Climax Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Climax Township real estate market had 6 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Climax Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Climax Township in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Climax Township, MI
How long does it take to sell a home in Climax Township, MI?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 Days | 35 Days | -23.9% |
Summary: Homes in Climax Township had an average of 35 days on market in Feb 2024, down by 23.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Climax Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.