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November
29

Are you considering purchasing or selling a home in the Livingston County area? Achieving your goals starts with a solid understanding of the latest local real estate trends, and our team keeps a constant eye on the data to help you make informed decisions. Our real estate agents have the latest data in our November monthly market activity report for Livingston County.

  • Active Listings in Livingston County
    There were 338 active listings in Livingston County in October, and that number has been trending slightly downward in recent months. Active listings decreased by 15 percent compared to the previous year and decreased by 14 percent compared to the previous month. This means that buyers can expect a slightly smaller selection of properties to choose from, while sellers may expect more competition among buyers.

  • Median Listing Price for Livingston County Properties
    The median listing price for Livingston County properties was $399,000 in October, which marks a slight increase over previous months. In September 2021, the median listing price was $395,000, while in October 2020, the median listing price checked in at $375,000. An increase in median listing price indicates that sellers are expecting more interest from buyers for Livingston County homes.

  • Average Days Spent on Market
    In October 2021, Livingston County properties spent an average of 26 days on the market. This is a 27 percent decrease compared to October 2020, when properties spent an average of 36 days on the market. A decrease in the time that properties are spending on the market is a sign that the local real estate market remains quite active, despite some of the other numbers dropping slightly.

  • Median Sale Price for Real Estate in Livingston County
    The median sale price for Livingston County properties was $329,000 in October, essentially holding steady from the September median sale price of $330,000. The October 2021 median sale price does mark a substantial increase over October 2020, when the price was $307,000.

  • Number of Units Sold in Livingston County
    There were 269 units sold in Livingston County during October 2021. That is a 10 percent decrease compared to September when there were 300 units sold and a 17 percent decrease compared to October 2020 when 328 units were sold. The slight decrease in units sold means that buyers may be able to negotiate better terms than they would have in previous months.

As 2022 inches closer and closer, are you ready to plan your next move in Livingston County? Our local team is here to help you accomplish your real estate goals. Contact us to buy and sell homes in the Livingston County, MI area.

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