Page 25 - Housing Report - January 2025
P. 25

JAN 2025
                                                   SEMI HOUSING REPORT

                                         Plymouth/Canton




                                                      Single-Family Homes
                 MONTHLY
                           48          Closed Sales

                   DEC NEW LISTINGS             YOY Sales                                     YOY $/SF
                  -41% from last month          Oct +32%    Monthly Sales and Avg $/SF        Dec +12%
                           52              180  Nov +24%                                             $250
                                                Dec +51%
                    NEW PENDINGS           160
                  -42% from last month     140                                                       $200
                                           120
                           89              100                                                       $150
                     CLOSED SALES           80
                  -14% from last month      60                                                       $100
                        $234                40                                                       $50
                    PRICE PER SQ FT         20
                   -2% from last month       0                                                       $-
                                                Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
                      $490K                                    Sales '22  Sales '23  Sales '24
                     AVG SALE PRICE
                   even with last month                        $/SF '22  $/SF '23  $/SF '24


                                                 All Price Ranges

                                        Oct '24      Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                    138                       81                       48             1,369             1,465  7%
                       New Pendings                    104                       90                       52             1,068             1,113  4%
                       Closed Sales                    112                    103                       89             1,020             1,086  6%
                       Price/SF           $232         $239         $234          $215    $231   7%
                       Avg Price       $524,232     $488,490     $489,678      $471,843  $494,790  5%
                                                     <$350k

                                        Oct '24      Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                       25                       19                       13                 347                291  -16%
                       New Pendings                       21                       15                       15                 291                245  -16%
                       Closed Sales                       18                       16                       17                 256                215  -16%
                       Price/SF           $204         $220         $220          $202    $212   5%
                                                   $350k-$600k
                                        Oct '24      Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                       92                       45                       22                 704                815  16%
                       New Pendings                       64                       55                       29                 566                639  13%
                       Closed Sales                       61                       69                       55                 567                622  10%
                       Price/SF           $226         $236         $217          $213    $224   5%
                                                     >$600k
                                                                                        YTD
                                        Oct '24      Nov '24      Dec '24
                                                                                   '23      '24  (+/-)
                       Listings Taken                       21                       17                       13                 318                359  13%
                       New Pendings                       19                       20                         8                 211                229  9%
                       Closed Sales                       33                       18                       17                 197                249  26%
                       Price/SF           $246         $254         $272          $227    $250   10%
                        Data source: Realcomp MLS using Great Lakes Repository Data.






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