Wayne County Real Estate Thrives with 501 Homes Sold in One Week

Booming real estate market.

Wayne County Housing Market Update: Sales from September 9 to September 15, 2024

This past week, from September 9 to September 15, 2024, Wayne County has experienced a bustling real estate market with a total of 501 homes sold. This vibrant activity showcases a range of properties changing hands across various towns, reflecting the area’s ongoing appeal to home buyers.

Highlight of the Week

The standout sale of the week was a 1,244-square-foot home located on Harman Street in Melvindale, which sold for $173,000. This sale represents the median price for homes sold this week in the county, a solid indicator of the local market trends.

Neighborhood Sales Breakdown

Allen Park

9939 Allen Pointe Drive: $83,000, 796 sq. ft., 2 beds, 1 bath
14599 Russell Ave: $180,000, 888 sq. ft., 1 bath
15816 Regina Ave: $184,000, 1,046 sq. ft., 2 baths
9671 Sterling Ave: $330,000, 1,600 sq. ft., 2 baths

Brownstown

19510 Cascade Drive: $200,000, 2,042 sq. ft., 4 beds, 3 baths

Canton

1885 Pinecroft Drive: $257,000, 1,514 sq. ft., 2 baths
320,000: 1,234 sq. ft., 2 baths
42668 Addison Ave: $410,000, 1,890 sq. ft., 2 baths

Detroit

18219 Saint Marys Street: $6,360, 811 sq. ft., 1 bath
2503 Sturtevant Street: $13,000, 1,248 sq. ft., 2 baths
7339 Rutherford Street: $50,000, 1,736 sq. ft., 2 baths
20169 Stratford Road: $275,000, 2,586 sq. ft., 3 baths

Dearborn

3756 Brewster Street: $149,900, 1,087 sq. ft., 2 beds, 1 bath
430 S. Vernon Street: $490,000, 1,840 sq. ft., 3 baths

Livonia

220,000: 1,005 sq. ft., 1 bath
3620 Perth Street: $387,000, 2,252 sq. ft., 2 baths

What to Expect Next

As we move further into the fall, market experts suggest that the trend of strong home sales may continue in Wayne County. The blend of varied housing options and competitive pricing makes this area attractive to various types of buyers, from first-time homeowners to those looking to invest.

The increase in sales volume and median prices also suggests that the area’s real estate market remains robust, indicating positive sentiment among buyers. As properties move quickly through the market, those interested in purchasing a home should stay alert to new listings and current market conditions.

Conclusion

Overall, the real estate market in Wayne County is thriving, and with many homes selling at healthy prices, both buyers and sellers have much to gain. It’s an exciting time for real estate in this part of Michigan, with the potential for interesting developments in the weeks ahead.