Is Pittsford, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pittsford has remained a Seller's Market.
Housing Prices in Pittsford, MI
How much do homes in Pittsford, MI cost?
Median Sold Price
$173,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pittsford was $173,500 in May 2024, up 0.3% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $63.7K | $126K | +97.6% |
3 Bedrooms | $197K | $143K | -27.4% |
4 Bedrooms | $132K | $152K | +15.2% |
5+ Bedrooms | $370K | $404.9K | +9.4% |
Summary: Pittsford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 97.6%, 3 bedroom homes decreased by 27.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
Pittsford | $173K | $173.5K | 0.3% |
Pittsford Township | $173K | $173.5K | 0.3% |
Jefferson Township | $200K | $184K | -8.0% |
Housing Supply in Pittsford, MI
How many homes are available in Pittsford, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Summary: The Pittsford real estate market had 15 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pittsford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pittsford in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Pittsford, MI
How long does it take to sell a home in Pittsford, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
292 Days | 53 Days | -81.9% |
Summary: Homes in Pittsford had an average of 53 days on market in May 2024, down by 81.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Pittsford; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.