Is Weesaw Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Weesaw Township has remained a Seller's Market.
Housing Prices in Weesaw Township, MI
How much do homes in Weesaw Township, MI cost?
Median Sold Price
$302,450
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Weesaw Township was $302,450 in May 2024, up 1.7% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $157.5K | $328K | +108.3% |
3 Bedrooms | $370K | $302.4K | -18.3% |
4 Bedrooms | $360K | $482.5K | +34.0% |
5+ Bedrooms | $205K | $239K | +16.6% |
Summary: Weesaw Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 108.3%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 34%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Cities
Buchanan Township | $193.9K | $227K | +17.0% |
Sawyer | $425K | $462.7K | +8.9% |
Weesaw Township | $297.5K | $302.4K | +1.7% |
Housing Supply in Weesaw Township, MI
How many homes are available in Weesaw Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Summary: The Weesaw Township real estate market had 7 homes for sale in May 2024, a 75.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Weesaw Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Weesaw Township in May 2024, up by 100.0% 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 Weesaw Township, MI
How long does it take to sell a home in Weesaw Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
96 Days | 132 Days | +37.5% |
Summary: Homes in Weesaw Township had an average of 132 days on market in May 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Weesaw Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.