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Spring Arbor 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 98.8% of list price in 30 days on average.

Average price, last 12 months

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

List · $329K Sold · $322K
$380K$300K$220K$140K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 9 sales in Sep. Last month: 9.

Where the market stands

All homes in this report, by status.

58homes
Active13 · 22%
Under contract1 · 2%
Sold (12 mo)44 · 76%

Buyer's or seller's market?

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

3.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$326K
Under contract$175K
Sold$281K

Average days on market

Active246 days
Under contract361 days
Sold30 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 13
Average list price $325,761
Avg. days on market 246 days
Avg. price per ft² $174 Based on 8 of 13 homes
Avg. living area 2,167 ft² Based on 8 of 13 homes
Avg. beds / baths 3.5 / 2.3

Price vs. living area

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

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

$1.5M$1M$500K$0

Price vs. living area: 8 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.

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

Highest price per ft²

Top 7 homes in this status.

132 Remington Drive$264
6735 McCain Road$247
2089 Elwood Boulevard$209
109 Boadway Street$200
3533 E Gordon Drive$151
215 Wickenham Drive$131
4325 Moscow Road$98

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6735 McCain RoadSpring Arbor, MI 49283 443,798$939,900$24712 days
215 Wickenham DriveSpring Arbor, MI 49283 543,500$460,000$13164 days
V/L S DEARING RD Unit 40 Acres Vacant Land S DearingSpring Arbor, MI 49283 ———$450,000—2,486 days
132 Remington DriveSpring Arbor, MI 49283 321,508$399,500$26467 days
7437 Mathews RoadSpring Arbor, MI 49283 ———$374,900—72 days
2089 Elwood BoulevardSpring Arbor, MI 49283 331,421$298,000$209166 days
109 Boadway StreetSpring Arbor, MI 49283 321,343$269,900$20031 days
3124 Earl DriveSpring Arbor, MI 49283 322,500$234,000$9341 days
4325 Moscow RoadSpring Arbor, MI 49283 411,984$195,000$9878 days
3533 E Gordon DriveSpring Arbor, MI 49283 311,285$194,900$15140 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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