Market report, updated

Market Report

Search in the zip of 48225

Trustrealtyhomes.com
Report prepared by Trustrealtyhomes.com Trust Realty Group LLC

Market at a glance

Over the last 6 months, homes sold for 98.3% of list price in 53 days on average.

Average price, last 12 months

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

List · $188K Sold · $183K
$190K$170K$150K$130K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 26 sales in Jun. Last month: 13.

Where the market stands

All homes in this report, by status.

256homes
Active116 · 45%
Under contract17 · 7%
Sold (6 mo)123 · 48%

Buyer's or seller's market?

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

5.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$191K
Under contract$119K
Sold$156K

Average days on market

Active120 days
Under contract55 days
Sold53 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 116
Average list price $190,815
Avg. days on market 120 days
Avg. price per ft² $114 Based on 91 of 116 homes
Avg. living area 1,290 ft² Based on 91 of 116 homes
Avg. beds / baths 2.8 / 1.4

Price vs. living area

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

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

$300K$200K$100K$0

Price vs. living area: 91 homes plotted, up to $300K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

20600 Lennon Street$204
20498 Van Antwerp Street$195
21191 Lochmoor Street$186
20202 Hunt Club Drive$183
20919 Hollywood Street$181
20720 Van Antwerp Street$181
20048 Washtenaw Street$176

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
19748 Harper AvenueNot Provided, MI 48225 ———$899,000—0 days
21102 Lancaster StreetNot Provided, MI 48225 31—$149,900—0 days
19928 Lancaster StreetHarper Woods, MI 48225 411,140$199,900$1752 days
20266 Lennon StreetHarper Woods, MI 48225 431,970$234,900$1193 days
20276 Washtenaw StreetHarper Woods, MI 48225 311,864$138,900$744 days
20923 WildwoodHarper Woods, MI 48225 11750$50,000$664 days
21328 Sloan DriveHarper Woods, MI 48225 322,460$149,900$60145 days
20201 Country Club Country Club DriveHarper Woods, MI 48225 311,441$179,900$1245 days
19389 Kingsville StreetHarper Woods, MI 48225 21950$70,000$737 days
18760 Kingsville StreetHarper Woods, MI 48225 311,100$79,900$727 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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