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Chelsea 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 98.8% of list price in 41 days on average.

Average price, last 12 months

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

List · $464K Sold · $455K
$580K$500K$420K$340K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 26 sales in May. Last month: 16.

Where the market stands

All homes in this report, by status.

308homes
Active53 · 17%
Under contract23 · 7%
Sold (12 mo)232 · 75%

Buyer's or seller's market?

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

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$557K
Under contract$434K
Sold$441K

Average days on market

Active96 days
Under contract61 days
Sold41 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 53
Average list price $556,738
Avg. days on market 96 days
Avg. price per ft² $255 Based on 41 of 53 homes
Avg. living area 2,458 ft² Based on 41 of 53 homes
Avg. beds / baths 3.5 / 2.9

Price vs. living area

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

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

$6M$4M$2M$0

Price vs. living area: 41 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

14091 Scio Church Road$1,069
14344 Edgewater Drive$628
17281 Ash Hollow Drive$572
821 Hidden Creek Court$443
7355 Webbs Shore Drive$424
10725 Jerusalem Road$360
303 E Middle Street$312

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Riker RoadChelsea, MI 48118 ———$239,000—7 days
123 S Freer RoadChelsea, MI 48118 422,428$479,900$19714 days
14420 Forest CourtChelsea, MI 48118 452,400$499,900$20820 days
633 Flanders StreetChelsea, MI 48118 443,228$650,000$20121 days
4450 Sylvan RoadGrass Lake, MI 49240 645,004$550,000$10922 days
880 Machnik DriveChelsea, MI 48118 332,047$409,900$20021 days
643 Harvest WayChelsea, MI 48118 432,558$474,965$18522 days
631 Harvest WayChelsea, MI 48118 332,603$435,365$16722 days
19908 Danube CourtChelsea, MI 48118 442,954$529,900$17924 days
17281 Ash Hollow DriveChelsea, MI 48118 221,632$935,000$57228 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.

joesellsmichigan.com ACE Real Estate Services

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