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Houses in Lenawee County were recently sold at higher prices: see how much a lot here

Newly published data from Realtor.com for December show that potential buyers and sellers in Lenawee County recorded higher sales prices than in the median of 220,775 US dollars in the previous month.

The middle house was sold for 251,000 US dollars. An analysis of data from Realtor.com shows. This means that December, the last month for which the numbers are available, has increased by 13.7% compared to November.

Compared to December 2023, the median sales price of home -made homes increased by 33.9% compared to $ 187,500.

Realtor.com receives sales data from real estate certificates, which leads to a delay in the data of months. The statistics do not contain any houses that are currently listed for sale and are not directly comparable to the listing data.

Information on your local housing market and other useful community data can be found at data.lenconnect.com.

Here is a breakdown of the median sales prices:

  • In total, only single-family houses and the average sales price of $ 202,450 in Lenawee County declined by $ 220,000 in the previous month in December. Since December 2023, the sales price for single -family houses has increased by 8% compared to a median of $ 187,500. No single-family houses that were sold for $ 1 million or more per month.
  • In December, condominiums and town houses rose to an average of $ 428,000 compared to $ 398,500 in November in December. Compared to December 2023, the sales price for condominiums and town houses increased by $ 238,700 by 79.3%. No condominiums or town houses sold in December for $ 1 million or more.

Via recorded home sales in Lenawee County in Michigan

In December, the number of sales in Lenawee County has increased by 43.1% since December 2023 – from 102 to 146. All sales for residential buildings were $ 41.7 million.

Houses sold in all of Michigan in December with an average of $ 238,195, which declined by $ 239,924 in November by 0.7%. In December there were 9,541 sales in the whole state, which rose from 8,805 in December 2023.

Here is a breakdown for the full state:

  • The total value of the turnover for residential buildings in Michigan died of $ 3 billion in November in December by 0.8%.
  • Of all sales of the house in Michigan, 1.74% of the houses were sold in December for at least 1 million US dollars, compared to 1.2% in December 2023.
  • The sales prices for single -family houses in Michigan in Michigan decreased by a median of 229,844 USD in December by 2.1%. Since December 2023, the sales price for single -family houses across the state has increased by $ 200,000 by 12.5%.
  • All over the state, the sales price for condominiums and town houses increased by 4.9% from a median of $ 298,345 in November to $ 312,915 in December. The average sales price for condominiums and town houses rose by 18.8% compared to the median of $ 263,475 in December 2023.

The average sales price for homes used in this report represents the center of all houses or units that are listed over the certain period. The median offers a more precise view of what happens in a market than the average sales price, which would mean taking over the sum of all sales prices and then sharing through the number of houses sold. The average can be distorted by a particularly low or high sale.

The USA Today Network publish localized versions of this story on its news pages across the country, which are generated by data from Realtor.com. Please leave feedback or corrections for this story here. This story was written by Ozge Terzioglu.

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