Saline Michigan Real Estate Market Update | December 2021

Every month Todd Waller dives deep into the previous month’s Saline Michigan real estate market stats and delivers exciting insights into the status of the Saline Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Saline Michigan Real Estate Market

The December 2021 Saline real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These December 2021 stats are compared to the previous year’s December 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of December 2021, was $447,178. Compared to December of 2020, this is up 4.29%. The median sales price also saw a jump in December. Median sales price rose 9.76% to $450,000, when comparing December 2020 to December 2021.

Days on Market

Properties sold in December of 2021 were on market for an average of 47 days. This is up 34.68% from December of 2020.

Properties Sold At or Above List Price

December of 2021 saw a 4.65% decrease in the number of properties sold, compared to December of 2020, with a total of 41 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Saline market. In December of 2021, 50% of the properties sold at or above list price.

When half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. To be sure, Saline has seen a higher share of property selling at/above list for quite some time.

What to do With This Information?

If you own a place in Saline, or are thinking of purchasing in Saline, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Saline sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Saline Michigan’s Real Estate Market Snapshot Shareable Graphic

Gault Farm House For Sale | 1428 Borgstrom Ave, Ypsilanti, MI 48198

Whittaker Village House For Sale

This Gault Farm neighborhood ranch is ready for you to call it home. Gleaming hardwood floors escort you through the family room and into the three bedrooms at the end of the hallway. The update kitchen features storage galore and an eat-in space that overlooks the backyard. Downstairs, the daylight windows offer a lot of natural lighting. Additional storage in the basement is behind the finished space. Outside, the 2.5 car detached garage also features abundant storage options. Located in Ypsilanti Township, you get the benefit of lower taxes. Located in the Gault Farm neighborhood, you are a quick bike ride to Ford Lake and Loon Feather Point Park.

List Price: $200,000

Details

Square Feet | 1,552
Bedrooms | 3
Baths | 1.1
Garage | 2.5 Parking Spots
Appliances | Range/Oven, Refrigerator, Microwave, Dishwasher, Washer, Dryer, Disposal

Contact Todd Waller for More Information on this Gault Farm House For Sale

Martindale Estate Home for Sale | 24619 Martindale Rd, South Lyon, MI 48178

This Martindale Estates ranch home is available for you to call it home! Soaring, cathedral ceiling in the great room, flows effortlessly into the inviting kitchen, built for entertaining. Maple cabinets, granite countertops, and cherry hardwood floors in the kitchen also includes the breakfast nook, with access to the back patio and yard via a sliding door. Off the great room is the main bedroom, with tray ceilings, ensuite bath, and generous walk-in closet. Two additional bedrooms offer a respite from the everyday. The full basement has baseboard heat, is plumbed for an additional bath, and features a painted ceiling, all just waiting for your finishing touches

List Price: $350,000

Details

Square Feet | 1,552
Bedrooms | 3
Baths | 2
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Microwave, Dishwasher, Washer, Dryer, Disposal

Contact Todd Waller for More Information on this Martindale Estate Home for Sale

Lake Pointe Home for Sale | 14531 Robinwood Dr, Plymouth, MI 48170

This Lake Pointe home for sale, located in Plymouth Township, has the space you’ve been looking for, in a very convenient location. Upon entering this home, hardwood floors greet you, and escort you into the living and dining rooms. The renovated kitchen features granite counters, stainless appliances, custom cabinets, recessed lighting, and easy access to both the dining and great rooms. About this great room: with a cathedral ceiling, ceiling fan, skylights, and bay window overlooking the backyard, light abounds! The great room also features hardwood floors, half bath, and direct access to your backyard patio. Upstairs, three bedrooms and a full bath await you. Downstairs, a comfortable family room with brick fireplace expands your entertainment options. A full bath and additional bedroom are located on this level too. The basement features excellent storage space, and laundry area, with utility sink.

List Price: $365,000

Details

Square Feet | 2,274
Bedrooms | 4
Baths | 2.1
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Microwave, Dishwasher, Washer, Dryer, Disposal

Contact Todd Waller for More Information on this Lake Pointe house for Sale

Ypsilanti Township Real Estate Market Update | December 2021

Every month Todd Waller dives deep into the previous month’s Ypsilanti Township, Michigan real estate market stats and delivers exciting insights into the status of the Ypsilanti Township real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Ypsilanti Township’s Real Estate Market

The 2021 Ypsilanti Township’s real estate market continues to be a strong seller’s market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These December 2021 stats are compared to the previous year’s December 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Ypsilanti Township in the month of December 2021, was $301,411. Compared to December of 2020, this is down 29.96%. Median sales price rose 9.42% to $284,500, when comparing December 2020 to December 2021.

Days on Market

Properties sold in December of 2021 were on market for an average of 15 days. This is down 29.96% from December 2020.

Properties Sold At or Above List Price

December of 2021 saw a 20.93% decrease in the number of properties sold, compared to December of 2020, with a total of 34 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Ypsilanti township market. In December of 2021, 67.65% of the properties sold at or above list price. So out of the 34 properties receiving new owners, 23 of them sold at or above list price.

When over 60% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. This is the highest percentage among the Washtenaw county municipalities that we track.

What to do With This Information?

If you own a place in Ypsilanti Township, or are thinking of purchasing in Ypsilanti Township, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Ypsilanti Township Real Estate Market Snapshot Shareable Graphic

Ann Arbor Michigan Real Estate Market Update | December 2021

Every month Todd Waller dives deep into the previous month’s Ann Arbor Michigan real estate market stats and delivers exciting insights into the status of the Ann Arbor Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Ann Arbor Michigan Real Estate Market

The 2021 Ann Arbor real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These December 2021 stats are compared to the previous year’s December 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Ann Arbor in the month of December 2021, was $446,232, this is up 1.19% compared to December 2020 .The median sales price for Ann Arbor is $379,873 which is up 1.03%.

Days on Market

Properties sold in December of 2021 were on market for an average of 30 days. This is down 26.82% from December 2020.

Properties Sold At or Above List Price

December of 2021 saw a 2.07% increase in the number of properties sold, compared to December of 2020, with a total of 148 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Ann Arbor market. In December of 2021, 56.76% of the properties sold at or above list price; so that means of the 148 homes sold, 84 sold at or above listing price.

When a little over half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in Ann Arbor, or are thinking of purchasing in Ann Arbor, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Ann Arbor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Given that this is Ann Arbor, though, demand will always run higher than other communities around South East Michigan. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Ann Arbor Michigan Real Estate Market Snapshot Shareable Graphic

After the Sale | January 2022

Realtor® To The Rescue!

A few years ago my neighbor, a newly-divorced mom to whom I had recently sold a house down the street, called in a panic. 

“There’s water running everywhere! What do I do??”

“Where are you?”

“In the bathroom! The plunger isn’t working!”

“Turn the little silver oblong knob at the back of the toilet and shut it off”

“Oh! Ok, that stopped it. HOW DO YOU KNOW THESE THINGS?”

Well, I am not a plumber nor a handy person, but at this point in my career I have attended over 500 home inspections and one tends to pick up on things. If that solution hadn’t worked, I knew enough to have told her to run down to the basement and turn the main shutoff valve. A few plumber recommendations later, and her toilet was back and running again. (The culprit: a 3 year old and a Lego “boat”).

Why did she call me? 

I’m so glad she did. I always leave a closing reminding my clients to please call me for anything I might be able to help with related to their new house, and I mean it!

Property taxes seem like they are off base? Call me to review the assessment.

Thinking of refinancing to drop the PMI? Call me to run an analysis of value before you pay an appraiser. 

A good Realtor® has a real-time understanding of what is on trend for home buyers. Call me to get an opinion on paint color, backsplash options, flooring, and for that matter, a referral to a great contractor.

An active Realtor® reviews appraisals and knows what improvements are going to realistically increase value in the future, and which improvements are primarily for your family’s enjoyment. Call me if you need a tie-breaker vote on whether to purchase a hot tub or remodel the powder room (Hint: I will always vote for the hot tub, but that’s not the best return on investment).

You’ve heard us say that you should seek expert opinions on any legal, structural, environmental, and accounting matters. Of course. But I’ve seen enough roofing quotes to raise an eyebrow when a client runs a rip-off scam by me. 

I’ve been asked by clients for advice on a piano teacher, on childcare facilities, and the best place for a good car wash in town. All questions that if I don’t have an answer to, I can run by an actual, living and breathing Social Network, above and beyond Facebook. 

That’s the difference between a ‘relational’ Agent for Life, and a ‘transactional’ agent in the moment. Relational agents rely on word-of-mouth referral business that stems from our relationships in the community and within our client base. Transactional agents may be fully capable during the transaction, but tend to spend money, rather than time and attention, to attract new business.

The Studio was built on a business philosophy that reflects a desire to be Agents for Life – whether or not you plan to buy or sell a property ever again! We value you as our friends, neighbors, and clients. 

Please – let us help you! Call on us for all things related to your house happiness. If we don’t know, we can find out. It’s part of what makes this career so rewarding.

Sara Maddock is your Realtor® to The Rescue

About the Author

Sara Maddock has experience being a Realtor® on a rescue mission.

Send her an email at sara@saramaddock.com

Links at Fellows Creek Condo For Sale | 2017 Knollwood Dr, Canton, MI 48188

Links at Fellows Creek Condo For Sale

This Links at Fellows Creek Condo For Sale with gorgeous open concept floorplan is ready for you to call it home.

With nearly 1,700 sf of space, this unit has bunches of space available, 3 bedrooms, and 2 full baths. Featuring soaring cathedral ceilings, a double sized private balcony, and plenty of storage, this unit has space and tons of natural light.

The association features an in-ground pool, work out facility, clubhouse. with billiards and a golf course.

List Price: $235,000

Details

Square Feet | 1,675
Bedrooms | 3
Baths | 2.1
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal

Contact Todd Waller for More Information on this Links at Fellows Creek Condo For Sale

Emerson Park Condo For Sale | 24775 Ivy Ln, Novi, MI 48375

Emerson Park Condo For Sale

Highly upgraded Emerson Park Condo For Sale. Beautiful Rainier model home in Novi’s sought-after Emerson Park available now.

Located in the back of the development, this home features a gourmet kitchen with taller cabinets, granite countertops and single sink. Oversized kitchen island is excellent for entertaining guests, having a quick bite, or chatting over a favorite drink.

The entry level features hardwood floors throughout, and the whole home has the smart home package, featuring wired internet ports and a centralized panel in the basement.

Additionally, the home is wired externally for PoE cameras in front and back.

Upstairs, three bedrooms, two full baths, and the laundry await you. Generously sized main bedroom features an additional space for sitting, a workspace, or even a media space and a spacious walk-in closet.

Main bedroom bath counter height has been increased for comfort.

Emerson Park is conveniently located off Novi Road, with great access to shopping, the freeways, and all that Metro Detroit has to offer.

List Price: $450,000

Details

Square Feet | 1,930
Bedrooms | 3
Baths | 2.1
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal

Contact Todd Waller for More Information on this Emerson Park Condo for Sale

Dexter, Michigan Real Estate Market Update | November 2021

Every month Todd Waller dives deep into the previous month’s Dexter, Michigan real estate market stats and delivers exciting insights into the status of the Dexter real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Dexter’s Real Estate Market

The 2021 Dexter real estate market continues to be a strong seller’s market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These November 2021 stats are compared to the previous year’s November 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Dexter in the month of November 2021, was $476,821. Compared to November of 2020, this is up 7.77%. The median sales price also saw a jump in November. Median sales price rose 4.20% to $422,000, when comparing November 2020 to November 2021.

Days on Market

Properties sold in November of 2021 were on market for an average of 23 days. This is down 30.36% from November 2020.

Properties Sold At or Above List Price

November of 2021 saw a 6.45% increase in the number of properties sold, compared to November of 2020, with a total of 33 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Dexter market. In November of 2021, 78.6% of the properties sold at or above list price.

When a little over 3/4th’s of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. 25 of the 33 properties sold at or above list price this month.

What to do With This Information?

If you own a place in Dexter, or are thinking of purchasing in Dexter, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Dexter Real Estate Market Snapshot Shareable Graphic