Is Pittsford Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pittsford Township was a Buyer's Market.
Housing Prices in Pittsford Township, MI
How much do homes in Pittsford Township, MI cost?
Median Sold Price
$185,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pittsford Township was $185,000 in March 2024, up 8.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $62K | $185K | +198.4% |
3 Bedrooms | $186K | $170K | -8.6% |
4 Bedrooms | $178.5K | $198.5K | +11.2% |
5+ Bedrooms | $442.5K | $290.7K | -34.3% |
Summary: Pittsford Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 198.4%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 34.3%.
Median Sold Price Compared To Nearby Cities
Pittsford Township | $170K | $185K | +8.8% |
Hudson | $150K | $149.9K | -0.1% |
Pittsford | $197K | $173K | -12.2% |
Housing Supply in Pittsford Township, MI
How many homes are available in Pittsford Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Pittsford Township real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Pittsford Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pittsford Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Pittsford Township, MI
How long does it take to sell a home in Pittsford Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 83 Days | +418.8% |
Summary: Homes in Pittsford Township had an average of 83 days on market in Mar 2024, up by 418.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Pittsford Township; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.