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Spring Arbor Home Values and Market Report

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Report prepared by joesellsmichigan.com ACE Real Estate Services

Market at a glance

Over the last 12 months, homes sold for 98.7% of list price in 27 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $227K Sold · $223K
$380K$300K$220K$140K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 9 sales in Sep. Last month: 3.

Where the market stands

All homes in this report, by status.

54homes
Active11 · 20%
Under contract3 · 6%
Sold (12 mo)40 · 74%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$256K
Under contract$228K
Sold$289K

Average days on market

Active295 days
Under contract138 days
Sold27 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 11
Average list price $256,090
Avg. days on market 295 days
Avg. price per ft² $153 Based on 6 of 11 homes
Avg. living area 1,848 ft² Based on 6 of 11 homes
Avg. beds / baths 3.2 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 6 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 6 homes in this status.

132 Remington Drive$264
109 Boadway Street$200
3533 E Gordon Drive$151
8810 Mathews Road$115
4325 Moscow Road$98
3124 Earl Drive$91

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8810 Mathews RoadSpring Arbor, MI 49283 332,469$285,000$1155 days
McCain RoadSpring Arbor, MI 49283 ———$89,000—34 days
215 E Main StreetSpring Arbor, MI 49283 —2—$189,900—51 days
109 Boadway StreetSpring Arbor, MI 49283 321,343$269,900$20060 days
3533 E Gordon DriveSpring Arbor, MI 49283 311,285$194,900$15169 days
3124 Earl DriveSpring Arbor, MI 49283 322,500$229,000$9170 days
132 Remington DriveSpring Arbor, MI 49283 321,508$399,500$26496 days
7437 Mathews RoadSpring Arbor, MI 49283 ———$374,900—101 days
4325 Moscow RoadSpring Arbor, MI 49283 411,984$195,000$98107 days
VL S Dearing RoadSpring Arbor, MI 49283 ———$139,900—138 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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