Market report, updated

Market Report

Search in the school district of Colon

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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 94.4% of list price in 58 days on average.

Average price, last 12 months

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

List · $204K Sold · $197K
$310K$250K$190K$130K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 14 sales in Jun. Last month: 6.

Where the market stands

All homes in this report, by status.

85homes
Active32 · 38%
Under contract9 · 11%
Sold (6 mo)44 · 52%

Buyer's or seller's market?

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

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$322K
Under contract$273K
Sold$252K

Average days on market

Active92 days
Under contract54 days
Sold58 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 32
Average list price $321,971
Avg. days on market 92 days
Avg. price per ft² $175 Based on 22 of 32 homes
Avg. living area 1,994 ft² Based on 22 of 32 homes
Avg. beds / baths 3.0 / 2.1

Price vs. living area

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

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

$1.5M$1M$500K$0

Price vs. living area: 22 homes plotted, up to $1.5M 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.

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

Highest price per ft²

Top 7 homes in this status.

974 W Colon Road$445
59261 Farrand Road$252
58522 Farrand Road$242
31908 Decker Road$236
56042 Driftwood Drive$224
905 Bowman Street$199
1211 N Blossom Lake Drive$183

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
724 Maple StreetColon, MI 49040 311,325$159,900$1207 days
59261 Farrand RoadColon, MI 49040 321,979$499,900$2526 days
56042 Driftwood DriveColon, MI 49040 221,778$399,900$2248 days
00 S Burr Oak Road SColon, MI 49040 ———$45,000—11 days
110 Dotson DriveSherwood, MI 49089 321,364$217,995$15912 days
VL Summit RdLeonidas, MI 49066 ———$450,000—21 days
917 Elm StreetColon, MI 49040 432,100$375,000$17821 days
974 W Colon RoadSherwood, MI 49089 322,190$975,000$44523 days
490 S Burr Oak RoadColon, MI 49040 332,153$275,000$12722 days
VL Heights DrColon, MI 49040 ———$25,000—29 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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