Here is what is happening in the Livonia real estate market in the last 30 days. There have been 48 Livonia homes that sold under $110,000 in the last 30 days. It is kind of amazing that there are so many homes in that price range. A few years back you couldn't find a home in Livonia for under $140,000.
For the 99 Livonia listings:
Average List Price
$126,863.00
Average Sold Price
$118,468.00
Highest List Price
$469,900.00
Highest Sold Price
$360,000.00
Lowest List Price
$18,900.00
Lowest Sold Price
$15,000.00
Sales Volume
$11,728,290.00
Avg. Days On Market
115
Livonia real estate is selling. The time on the market is less than 4 months right now. What is interesting is that there is only one home that sold over $350,000. This market is redefining which cities are holding up in the higher end price ranges.
I would say that any home for sale in the Livonia real estate market over $350,000 range is going to be on the market longer and more likely to be open to negotiation.
If you have any questions or looking to buy in Livonia Michigan give me a call or email me.
Russ Ravary your Livonia Realtor
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