$3,978 Closing Credit*
$335,000
1,700 SqFt
3 Beds
•2 Full Baths
Nancy Bishop, Listing Office: The Charles Reinhart Company
Is Pittsfield Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pittsfield Charter Township has remained a Seller's Market.
Key Takeaway
Pittsfield Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsfield Charter Township, MI
How much do homes in Pittsfield Charter Township, MI cost?
Median Sold Price
$459,950
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,783(+3.1%)
Key Takeaway
Homes in Pittsfield Charter Township have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Pittsfield Charter Township was $459,950 in November 2024, up 3.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $279K | $280K | 0.4% |
| 3 Bedrooms | $420K | $452K | +7.6% |
| 4 Bedrooms | $551.5K | $535K | -3.0% |
| 5+ Bedrooms | $688K | $776K | +12.8% |
Summary: Pittsfield Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Saline | $409.6K | $437.9K | +6.9% |
| Ann Arbor Charter Township | $478K | $499.8K | +4.6% |
| Ann Arbor | $478.3K | $499.8K | +4.5% |
| Ypsilanti Charter Township | $268.9K | $279.3K | +3.9% |
| Pittsfield Charter Township | $446.1K | $459.9K | +3.1% |
Housing Supply in Pittsfield Charter Township, MI
How many homes are available in Pittsfield Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 69 | -13.8% |
Summary: The Pittsfield Charter Township real estate market had 69 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 27 | 21 | -22.2% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The Pittsfield Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 20 | -23.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsfield Charter Township, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Pittsfield Charter Township in November 2024, down by 23.1% month-over-month. Of the 20 sold homes, 65% were sold under asking, 5% were sold at asking, and 30% were sold over asking.
Days on Market for Pittsfield Charter Township, MI
How long does it take to sell a home in Pittsfield Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 51 Days | +3.1% |
Summary: Homes in Pittsfield Charter Township had an average of 51 days on market in Nov 2024, up by 3.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pittsfield Charter Township has remained consistent over time.
Summary: During November 2024, 20 homes were sold in Pittsfield Charter Township; 25% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
