Novi Market Report

$552,088

AVERAGE PRICE OF 215 HOMES

$1,578,479

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$623,718

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$604,284

AVERAGE PRICE OF 38 HOMES WITH A POOL

$853,225

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $552,088
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

2 bedrooms $324,624
3 bedrooms $400,206
4 bedrooms $693,333
5 bedrooms $825,604
Novi Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 193 188 178 179 201
Average Price $544,335 $530,228 $551,002 $552,069 $553,612
Avg Price Change +2.66% -3.92% -0.19% -0.28% +5.89%
Median Price $473,824 $457,971 $475,867 $478,575 $482,695
Med Price Change +3.46% -3.91% -0.57% -0.86% +8.81%
Avg Bedrooms 3.43 beds 3.38 beds 3.4 beds 3.41 beds 3.49 beds
Avg Bathrooms 2.53 baths 2.54 baths 2.54 baths 2.5 baths 2.53 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 215 $552,088 72 days
Multi-Million Dollar Homes 14 $1,578,479 106 days
Newly Built Homes 73 $623,718 143 days
Homes with a Pool 38 $604,284 31 days
Reduced Price Homes 4 $853,225 63 days
Keller Williams -Jeff Glover & Associates, Realtors
Jeff Glover Realtor
855-JEFF SELLS

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