Saline Michigan Real Estate Market Update | August 2022

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 August 2022 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 August 2022 stats are compared to the previous year’s August 2021 statistics.

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of August 2022, was $488,355. Compared to August of 2021, this is up 16.58%. The median sales price also saw a jump in August. Median sales price rose 37.76% to $510,000, when comparing August 2021 to August 2022.

Days on Market

Properties sold in August of 2022 were on market for an average of 18 days. This is down 66.85% from August of 2021. Todd credits new construction properties being closed last year versus this year for this significant fall off.

Properties Sold At or Above List Price

August of 2022 saw a 40.68% decrease in the number of properties sold, compared to August of 2021, with a total of 35 properties receiving new owners.

The percentage of properties each month that sell at or above list price is a metric to gauge the supply/demand inequity in the Saline market. In August of 2022, 57.14% of the properties sold at or above list price

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. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

Saline Michigan Real Estate Market Update | April 2022

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 April 2022 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 April 2022 stats are compared to the previous year’s April 2021 statistics.

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of April 2022, was $556,328. Compared to April of 2021, this is up .7%. The median sales price also saw a jump in April. Median sales price rose 16.93% to $556,000, when comparing April 2021 to April 2022.

Days on Market

Properties sold in April of 2022 were on market for an average of 20 days. This is up .46% from April of 2021.

Properties Sold At or Above List Price

April of 2022 saw a 11.11% decrease in the number of properties sold, compared to April of 2021, with a total of 32 properties receiving new owners.

The percentage of properties each month that sell at or above list price is a metric to gauge the supply/demand inequity in the Saline market. In April of 2022, 87.5% 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

Saline Michigan Real Estate Market Update | February 2022

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 February 2022 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 February 2022 stats are compared to the previous year’s February 2021 statistics.

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of February 2022, was $472,456. Compared to February of 2021, this is up 8.62%. The median sales price also saw a jump in February. Median sales price rose 2.77% to $445,000, when comparing February 2021 to February 2022.

Days on Market

Properties sold in February of 2022 were on market for an average of 66 days. This is down 13.24% from February of 2021.

Properties Sold At or Above List Price

February of 2022 saw a 9.38% increase in the number of properties sold, compared to February of 2021, with a total of 35 properties receiving new owners.

The percentage of properties each month that sell at or above list price is a metric to gauge the supply/demand inequity in the Saline market. In February of 2022, 54.29% 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

Saline Michigan Real Estate Market Update | January 2022

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 January 2022 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 January 2022 stats are compared to the previous year’s January 2021 statistics.

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of January 2022 was $468,331. Compared to January of 2021, this is up 17.10%. The median sales price also saw a jump in January. Median sales price rose 14.15% to $417,899, when comparing January 2021 to January 2022.

Days on Market

Properties sold in January of 2022 were on market for an average of 74 days. This is way up, 72.88% from January of 2021.

Properties Sold At or Above List Price

January of 2022 saw a 10.34% decrease in the number of properties sold, compared to January 2021, with a total of 26 properties receiving new owners.

In January 2022, only 38.46% of the properties sold at or above list price. This metric is another way to gauge the supply/demand inequity in the Saline market. So of the 26 that sold, 10 sold above or at list price.

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

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

Saline Michigan Real Estate Market Update | September 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

Walk through the numbers with Todd Waller

The September 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 September 2021 stats are compared to the previous year’s September 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 September 2021, was $466,181. Compared to September of 2020, this is up 3.12%. The median sales price also saw a jump in September. Median sales price fell 0.54% to $462,500, when comparing September 2020 to September 2021.

Days on Market

Properties sold in September of 2021 were on market for an average of 37 days. This is down 19.81% from September of 2020.

Properties Sold At or Above List Price

September of 2021 saw a 21.74% increase in the number of properties sold, compared to September of 2020, with a total of 56 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 September of 2021, 64.29% of the properties sold at or above list price.

When 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. 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

Saline Colonial For Sale | 662 Woodhill Dr, Saline, MI 48176

Saline Colonial For Sale

Classic Saline colonial for sale on a beautiful ½ acre lot, but with City water and sewer!

This one-owner home has a peaceful setting, with mature pear and apple trees right off the huge deck and patio.

A big front porch faces east, with the backyard capturing the evening sun.

An enormous family room with vaulted ceiling and fireplace is open to the kitchen. Breakfast area, formal dining and living room, of course – and there is also a private home office on the first floor.

The large mudroom off the garage could be converted to a first-floor laundry. Four generous bedrooms upstairs including a primary with en suite bath.

The basement is wide open, usable space and offers another office area with convenient  ½ bath.

This house is a great chance to move in and update the cosmetics, as nearly all the mechanicals have been updated: hot water heater, AC, furnace and roof all replaced within the past 3-5 yrs. New stove (’21) and hood (’20), driveway (’20), garage opener (’20). A solid home with a happy history and great location.

List Price:

$380,000

Details

Square Feet | 2,289
Bedrooms | 4
Baths | 2.2
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Microwave, Washer, Dryer

Ypsilanti home for sale

Contact Sara for More Information About this Saline Colonial For Sale

Brassow Woods home for Sale | 5510 Katz Farm Ct, Saline, MI 48176

Brassow Woods Home for Sale

Light, bright and beautiful, Brassow Woods home for sale on an acre of private, landscaped lawn and trees!

Saline schools and Lodi low taxes, halfway between Ann Arbor and Saline, this peaceful spot will win over buyers looking for a move-in ready home with large rooms and updated décor.

The open kitchen features a large island, stainless appliances and walk-in pantry. Two-story family room has a show-stopper fireplace, overlooking the west-facing backyard.

First floor with hardwood floors and updated lighting, a private home office with French doors, front living room and formal dining room. The laundry room is huge, with ample cabinet/storage space and new flooring.

Upstairs, find four bedrooms incl a princess/guest suite, Jack-n-Jill bath, and a bonus loft that makes for either a second home office or pleasant place to read and relax.

Primary bedroom with cathedral ceiling, walk-in closet and luxury bathroom: separate tub/shower, double sinks and massive amnt of counter space.

The backyard is sheltered with a perimeter of mature trees, plus a lovely deck and gazebo that will have you eating outside every possible evening! Unfinished basement is a blank slate for your future expansion. This home is offered through corporate Relocation; ask agent for addenda.

List Price:

$575,000

Details

Square Feet | 3,176
Bedrooms | 4
Baths | 3.1
Garage | 2 Parking Spots
Appliances | Range/Oven, Refrigerator, Microwave, Washer, Dryer

Ypsilanti home for sale

Contact Sara for More Information About this Brassow Woods Home for Sale

Saline Michigan Real Estate Market Update | July 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

Walk through the numbers with Todd Waller

The July 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 July 2021 stats are compared to the previous year’s July 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 July 2021, was $473,751. Compared to July of 2020, this is up 10.91%. The median sales price also saw a jump in July. Median sales price rose 7.85% to $454,048, when comparing July 2020 to July 2021.

Days on Market

Properties sold in July of 2021 were on market for an average of 23 days. This is down 39.44% from July of 2020.

Properties Sold At or Above List Price

July of 2021 saw a 20.69% decrease in the number of properties sold, compared to July of 2020, with a total of 46 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 July of 2021, 69.57% of the properties sold at or above list price.

When 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. 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