Is Westside Connection, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westside Connection is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Westside Connection has remained a Seller's Market.

Key Takeaway

Westside Connection is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Westside Connection, MI

How much do homes in Westside Connection, MI cost?

Median Sold Price

$320,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,050(+10.4%)

Key Takeaway

Homes in Westside Connection have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Westside Connection was $320,000 in September 2024, up 10.4% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $205K$212.5K
+3.7%
2 $250K$241K
-3.6%
3 $290K$320K
+10.3%
4 $322.9K$351K
+8.7%
5+ $375K$418.5K
+11.6%

Summary: Westside Connection housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Neighborhoods

Westside Connection
+10.4%
Cherry Run
+10.0%
John Ball Park
+7.9%
West Grand
+1.2%

Housing Supply in Westside Connection, MI

How many homes are available in Westside Connection, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5047-6.0%

Summary: The Westside Connection real estate market had 47 homes for sale in September 2024, a 6.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 2729
+7.4%
4 1310
-23.1%
5+ 22
0.0%

Summary: The Westside Connection housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westside Connection, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Westside Connection in September 2024, down by 10.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 6% were sold at asking, and 59% were sold over asking.

Days on Market for Westside Connection, MI

How long does it take to sell a home in Westside Connection, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
9 Days11 Days+15.8%

Summary: Homes in Westside Connection had an average of 11 days on market in Sep 2024, up by 15.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 17 homes were sold in Westside Connection; 94% of homes were sold within 30 days, 6% 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 24 Days Ago

Newest Listings in Westside Connection, MI

Nearby Markets to Westside Connection, MI