Is Pittsford Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsford Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Pittsford Township was a Seller's Market.

Key Takeaway

Pittsford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pittsford Township, MI

How much do homes in Pittsford Township, MI cost?

Median Sold Price

$315,200

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$55,200(+21.2%)

Key Takeaway

Homes in Pittsford Township have sold for 21.2% more than they did a month ago.

Summary: The median home sold price in Pittsford Township was $315,200 in November 2024, up 21.2% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $360K-
N/A
3 $120K$214.9K
+79.1%
4 --
N/A
5+ $260K$415.5K
+59.8%

Summary: Pittsford Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 79.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 59.8%.

Median Sold Price Compared To Nearby Cities

Pittsford Township
+21.2%
Pittsford
+13.1%

Housing Supply in Pittsford Township, MI

How many homes are available in Pittsford Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1312-7.7%

Summary: The Pittsford Township real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 55
0.0%
4 34
+33.3%
5+ 21
-50.0%

Summary: The Pittsford 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsford Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pittsford Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Pittsford Township, MI

How long does it take to sell a home in Pittsford Township, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
119 Days17 Days-85.4%

Summary: Homes in Pittsford Township had an average of 17 days on market in Nov 2024, down by 85.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pittsford Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Pittsford Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Pittsford Township, MI

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What housing markets are near Pittsford Township, MI?