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Gull Lake 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 96.7% of list price in 53 days on average.

Average price, last 12 months

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

List · $385K Sold · $386K
$680K$560K$440K$320K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 38 sales in Jul. Last month: 24.

Where the market stands

All homes in this report, by status.

434homes
Active121 · 28%
Under contract21 · 5%
Sold (12 mo)292 · 67%

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$377K
Under contract$758K
Sold$461K

Average days on market

Active268 days
Under contract70 days
Sold53 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 121
Average list price $376,721
Avg. days on market 268 days
Avg. price per ft² $227 Based on 71 of 121 homes
Avg. living area 2,534 ft² Based on 71 of 121 homes
Avg. beds / baths 3.6 / 2.8

Price vs. living area

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

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 70 homes plotted, up to $3M 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.

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

Highest price per ft²

Top 7 homes in this status.

9373 Fraulin Drive$983
140 E Gull Lake Drive$693
5265 N 32nd Street$527
12180 E D Avenue$526
6172 W Sherman Lake Drive$411
4490 Wesley Circle$327
6627 Chaffey Creek Trail$316

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
140 E Gull Lake DriveAugusta, MI 49012 454,906$3,400,000$69323 days
12180 E D AvenueRichland, MI 49083 334,400$2,318,300$52696 days
9373 Fraulin DriveRichland, MI 49083 322,130$2,095,000$98312 days
5265 N 32nd StreetRichland, MI 49083 432,843$1,500,000$52712 days
6583 W Hidden Lake CircleRichland, MI 49083 434,099$1,175,000$286153 days
10445 Country Club DriveRichland, MI 49083 443,348$1,029,100$307124 days
9623 Sterling RoadRichland, MI 49083 443,332$949,000$2847 days
15710 Rich LaneHickory Corners, MI 49060 443,408$849,900$24936 days
6670 Chaffey Creek TrailRichland, MI 49083 432,762$824,700$298138 days
3818 Heights DriveHickory Corners, MI 49060 343,180$779,000$244102 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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