Market report, updated

Market Report

Search in the zip of 48226

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Report prepared by Trustrealtyhomes.com Trust Realty Group LLC

Market at a glance

Over the last 6 months, homes sold for 100.0% of list price in 26 days on average.

Average price, last 12 months

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

List · $573K Sold · $582K
$1.4M$1M$600K$200K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 8 sales in Sep. Last month: 3.

Where the market stands

All homes in this report, by status.

92homes
Active56 · 61%
Under contract7 · 8%
Sold (6 mo)29 · 32%

Buyer's or seller's market?

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

11.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$472K
Under contract$1.47M
Sold$418K

Average days on market

Active107 days
Under contract100 days
Sold26 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 56
Average list price $471,708
Avg. days on market 107 days
Avg. price per ft² $385 Based on 43 of 56 homes
Avg. living area 1,114 ft² Based on 43 of 56 homes
Avg. beds / baths 1.7 / 1.8

Price vs. living area

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

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

$3M$2M$1M$0

Price vs. living area: 43 homes plotted, up to $3M 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.

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

Highest price per ft²

Top 7 homes in this status.

1135 Shelby Street$811
1 Park Avenue$672
1 Park Avenue$642
1 Park Avenue$640
1 Park Avenue$601
1 Park Avenue$570
1 Park Avenue$546

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1 Park AvenueDetroit, MI 48226 11704$384,850$5462 days
1 Park AvenueDetroit, MI 48226 11584$280,275$4792 days
1 Park AvenueDetroit, MI 48226 11558$277,775$4972 days
1 Park AvenueDetroit, MI 48226 221,257$845,625$6722 days
1 Park AvenueDetroit, MI 48226 11701$399,850$5702 days
1 Park AvenueDetroit, MI 48226 11631$303,050$4802 days
1 Park AvenueDetroit, MI 48226 221,257$805,625$6402 days
1 Park AvenueDetroit, MI 48226 11610$307,950$5042 days
1 Park AvenueDetroit, MI 48226 11607$390,175$6422 days
1001 W Jefferson AvenueDetroit, MI 48226 221,019$345,000$3389 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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