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Montgomery Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 94.2% of list price in 73 days on average.

Average price, last 12 months

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

List · $285K Sold · $265K
$350K$250K$150K$50K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Sep. Last month: 6.

Where the market stands

All homes in this report, by status.

24homes
Active6 · 25%
Sold (12 mo)18 · 75%

Buyer's or seller's market?

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

3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$631K
Sold$220K

Average days on market

Active50 days
Sold73 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 6
Average list price $631,083
Avg. days on market 50 days
Avg. price per ft² $307 Based on 5 of 6 homes
Avg. living area 1,643 ft² Based on 5 of 6 homes
Avg. beds / baths 3.5 / 3.0

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.

$3M$2M$1M$0

Price vs. living area: 5 homes plotted, up to $3M 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.

Highest price per ft²

Top 5 homes in this status.

1184 E Southern Road$1,003
9874 Highland Drive$210
8080 Topinabee Drive$172
1040 Main Drive$96
114 S Hayward Street$55

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1184 E Southern RoadMontgomery, MI 49255 381,969$1,975,000$1,00318 days
12378 Mead RoadMontgomery, MI 49255 53—$999,900—27 days
9874 Highland DriveMontgomery, MI 49255 311,519$319,900$210177 days
8080 Topinabee DriveMontgomery, MI 49255 221,334$229,900$17221 days
1040 Main DriveMontgomery, MI 49255 321,780$171,900$9614 days
114 S Hayward StreetMontgomery, MI 49255 521,614$89,900$5544 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.

Rosietherealtormi.com Khoury Real Estate LLC.

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