$209,000
1,090 SqFt
2 Beds
•2 Full Baths
Lesley D Hunt, Listing Office: Michpro Realty LLC
November 2024
Report Updated 8 Days Ago
Is Washington Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Washington Township has remained a Seller's Market.
How much do homes in Washington Township, MI cost?
$430,562
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Washington Township was $430,562 in November 2024, up 0.2% from last year, and the median price per square foot was $187.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $309.5K | -0.2% |
3 Bedrooms | $401K | $425K | +6.0% |
4 Bedrooms | $532.4K | $616.2K | +15.7% |
5+ Bedrooms | $817.5K | $840K | +2.8% |
Summary: Washington Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 2.8%.
Romeo | $310.5K | $395.5K | +27.4% |
Shelby Charter Township | $335.9K | $354.6K | +5.5% |
Washington | $443K | $445K | 0.5% |
Washington Township | $429.5K | $430.5K | 0.2% |
Oakland | $732.5K | $655K | -10.6% |
How many homes are available in Washington Township, MI?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
105 | 92 | -12.4% |
Summary: The Washington Township real estate market had 92 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 13 | -40.9% |
3 Bedrooms | 42 | 40 | -4.8% |
4 Bedrooms | 35 | 33 | -5.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Washington Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
30 | 20 | -33.3% |
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Washington Township in November 2024, down by 33.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
How long does it take to sell a home in Washington Township, MI?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
50 Days | 25 Days | -49.4% |
Summary: Homes in Washington Township had an average of 25 days on market in Nov 2024, down by 49.4% compared to last year.
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2024, 20 homes were sold in Washington Township; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 8 Days Ago
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Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 12/01/2022 - 12/01/2024
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/9/2024, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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