Market report, updated

Market Report

Search in the school district of Meridian Public Schools

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Report prepared by Bayrealtymi.com Bay Realty Michigan
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Market at a glance

Over the last 6 months, homes sold for 96.7% of list price in 44 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $288K Sold · $292K
$400K$310K$220K$130K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 13 sales in Sep. Last month: 11.

Where the market stands

All homes in this report, by status.

98homes
Active40 · 41%
Under contract10 · 10%
Sold (6 mo)48 · 49%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$270K
Under contract$316K
Sold$298K

Average days on market

Active109 days
Under contract38 days
Sold44 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 40
Average list price $269,778
Avg. days on market 109 days
Avg. price per ft² $163 Based on 29 of 40 homes
Avg. living area 1,978 ft² Based on 29 of 40 homes
Avg. beds / baths 3.2 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 29 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

215 E Saginaw Road$289
5070 N Five Mile Road$285
4636 N Hope Road$254
2140 North 5 Mile Road$253
2566 N 5 Mile Road$231
452 W Hull Road$199
3347 Douglas Drive$196

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
452 W Hull RoadEdenville, MI 48657 321,200$239,900$1992 days
2140 North 5 Mile RoadMidland, MI 48642 9447 432,518$637,900$25350 days
2979 W Huckleberry RoadSanford, MI 48657-9632 ———$89,900—11 days
2140 N 5 Mile RdMidland, MI 48642 9447 ———$43,900—55 days
284 W Love RoadSanford, MI 48657 421,580$246,500$15610 days
2535 N Daniels RoadSanford, MI 48657 412,240$229,000$10210 days
3434 N Meridian RoadSanford, MI 48657 322,875$248,000$8618 days
6381 Middle RdHope, MI 48628 533,300$309,900$9328 days
978 Timberlynn TrailSanford, MI 48657 21370$65,000$17531 days
4052 N Water RoadSanford, MI 48657 21680$110,000$16132 days
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