Market report, updated

Market Report

Search in the city of Hanover

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Report prepared by joesellsmichigan.com ACE Real Estate Services

Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 67 days on average.

Average price, last 12 months

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

List · $200K Sold · $200K
$580K$410K$240K$70K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 5 sales in Nov. Last month: 1.

Where the market stands

All homes in this report, by status.

18homes
Active7 · 39%
Under contract3 · 17%
Sold (6 mo)8 · 44%

Buyer's or seller's market?

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

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$361K
Under contract$310K
Sold$313K

Average days on market

Active91 days
Under contract84 days
Sold67 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 7
Average list price $360,628
Avg. days on market 91 days
Avg. price per ft² $178 Based on 6 of 7 homes
Avg. living area 2,229 ft² Based on 6 of 7 homes
Avg. beds / baths 3.7 / 2.2

Price vs. living area

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

1 home didn’t report living area and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 6 homes plotted, up to $900K 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.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 6 homes in this status.

12001 Strait Road$296
12001 Strait Road$254
8129 Folks Road$210
101 N Jackson Street$133
10470 Watson Road$102
10025 Pulaski Road$76

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12001 Strait RoadHanover, MI 49241 432,361$599,900$25410 days
10470 Watson RoadHanover, MI 49241 323,750$384,900$10241 days
8129 Folks RoadHanover, MI 49241 331,712$359,900$21042 days
10025 Pulaski RoadHanover, MI 49241 411,695$129,900$7655 days
12001 Strait RoadHanover, MI 49241 432,361$699,900$29672 days
101 N Jackson StreetHanover, MI 49241 411,500$199,900$133161 days
9959 Pulaski RoadHanover, MI 49241 ———$149,998—255 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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