Real Estate Market Update for Plymouth, Canton, Northville, and Novi

Here are 3 charts to help illustrate what we are seeing in the market this Spring relative to the last 10 years.

The number of new listings is lower but not significantly. Each week, there are new listings throughout our region and there are more coming. The ‘sellers market’ may be tempting more people to list. But we typically see selling activity increase in the Spring and into the Summer each year.

But the main issue has been the number of buyers for each of these new listings. When you look at the number of showings per listing below, these figures are up dramatically. For each new listing, there are many more showings than we have seen since the recession. The number of showings per listing was actually declining for the last few years but started to drastically change last summer resulting in the chart below:

With such an increase in showing and buying activity with essentially the same or fewer new listings available, the inventory of homes for sale is at a 10 year low currently. We do expect more new listings to keep coming up as the weather improves and the school year ends. But the market will take some time to absorb all the buyers that are currently looking.

Neighborhood Spotlight – Sunflower Village of Canton

6592 MarshallIf you’re looking for a neighborhood full of community spirit that just feels like home, look no further! Nestled on 70 peaceful acres along Warren Road between Beck and Canton Center, you’ll find one of Canton’s most sought after communities – Sunflower Village. A sizable yet close-knit neighborhood of 1683 homes constructed from the late 1970s through the 1990s, Sunflower Village offers colonial, ranch and split-level homes ranging in size from approximately 1400 to 2800 sq. ft. Many of the homes here enjoy private, wooded rear yards. All residents will always enjoy the serene and beautiful views of nature, as the surrounding woods and natural areas within Sunflower Village are protected by the Wayne County Forestry Act.

larchmont

Residents of Sunflower Village also enjoy two swimming pools and a kiddie pool staffed with lifeguards, tennis and basketball courts, plus two clubhouses for private events. Getting to know your neighbors is easy to do here, with so many organized activities throughout the year, including an Easter egg hunt, a summer picnic, garage sales, holiday decorating contests, pool parties, a bicycle parade, book club and so much more!

Another key reason people choose Sunflower Village is for the highly acclaimed Plymouth-Canton Community Schools. Canton is also home to Plymouth Christian Academy, Canton Charter Academy and Plymouth Scholars Academy. Living in Sunflower Village, you are a just a few short miles from Summit on the Park, which is Canton’s community center featuring an indoor Aquatic facility, fitness center, aerobic & dance studios, indoor track, sauna, steam room, two banquet facilities and an outdoor splash park, offering year-round programs and activities for all ages.

Sunflower Village is also convenient for those of us who like to shop, dine, and have fun, with the nearby amenities along Ford Road, including Michigan’s only IKEA store. Its ideal location is close to Downtown Plymouth, Ann Arbor, and freeways M-14, I-96 and I-275.

When you’re looking for your Sunflower Village home, BAKE Real Estate can help! We know the neighborhood – some of our firm’s sales within Sunflower Village include:

7554 Claremont Street 4BR 2.1BATH Colonial with 2,370 sq. ft.

45996 Larchmont Drive 4BR 2.1BATH Colonial with 2,450 sq. ft.

6592 Marshall Street 3BR 2BATH Ranch with 1,587 sq. ft.

For more information, contact Sorra Scott, REALTOR, at sorra@bobbake.com or 734-664-2578.

 

Just Sold! 42731 Saltz in Canton – Split-Level Home Backing to Common Play Area

Snip20140715_2Recently sold to clients of ours, 42731 Saltz in Canton Twp offers 1,884 square feet of living space with a private neighborhood playground and common area behind the rear yard. This home features an updated kitchen, open floor plan with great sight lines to keep an eye on the kids, 3 bedrooms and 1.1 baths with a fenced in rear yard and attached 2 car garage. Located a short walk from Flodin Park, all of the restaurants & entertainment along Ford Road, and being a part of the Plymouth-Canton school district make this home a winner.

If you have a home to sell in the Canton area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process. You can contact Stephanie Brown, REALTOR, at (734) 620-4536 –stephanie@bobbake.com.

Just Sold! 43575 Lyme Court, Canton – An Open Concept Colonial with a Private Cul-de-Sac Location

43575 Lyme CourtNestled at the end of a quiet cul-de-sac with a private rear yard sits 43575 Lyme Court. Featuring 4 bedrooms, 2 full baths, 2 half baths, an updated & expanded kitchen, expanded entry level laundry & mud room, and an open concept main level, this home is ideal for busy and active lifestyles. The kitchen was expanded in 2002 with custom Maple cabinetry, plenty of counter space and storage, 2 built in ovens, 2 disposal sinks, center island with gas range and bar seating, peninsula with seating for 5, and neutral ceramic tile flooring. The kitchen is open to the living room, dining area, and

Breakfast Bar Peninsulafamily room. The 19′ x 6′ entry level laundry and mud room was expanded in 2002 with access to the 2 car attached garage. All windows have been replaced (2002) with Andersen windows, including the door wall from the kitchen and dining area. Spacious partially finished basement with updated half bath and plenty of storage already built in. Expansive and private rear yard features a lattice-covered patio, lush gardens, and serene Willow Creek. Plymouth-Canton schools and walking distance to Miller Elementary. To see the virtual tour, go to http://www.bobbake.com. Co-Listing Agent is related to seller.

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If you have a home to sell in the Canton area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process. You can contact Stephanie, REALTOR, at (734) 620-4536 –stephanie@bobbake.com.

Just Listed! 43575 Lyme Court, Canton – An Open Concept Colonial with a Private Cul-de-Sac Location

43575 Lyme CourtNestled at the end of a quiet cul-de-sac with a private rear yard sits 43575 Lyme Court. Featuring 4 bedrooms, 2 full baths, 2 half baths, an updated & expanded kitchen, expanded entry level laundry & mud room, and an open concept main level, this home is ideal for busy and active lifestyles. The kitchen was expanded in 2002 with custom Maple cabinetry, plenty of counter space and storage, 2 built in ovens, 2 disposal sinks, center island with gas range and bar seating, peninsula with seating for 5, and neutral ceramic tile flooring. The kitchen is open to the living room, dining area, and

Breakfast Bar Peninsulafamily room. The 19′ x 6′ entry level laundry and mud room was expanded in 2002 with access to the 2 car attached garage. All windows have been replaced (2002) with Andersen windows, including the door wall from the kitchen and dining area. Spacious partially finished basement with updated half bath and plenty of storage already built in. Expansive and private rear yard features a lattice-covered patio, lush gardens, and serene Willow Creek. Plymouth-Canton schools and walking distance to Miller Elementary. To see the virtual tour, go to http://www.bobbake.com. Co-Listing Agent is related to seller.

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If you have a home to sell in the Canton area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process. You can contact Stephanie, REALTOR, at (734) 620-4536 –stephanie@bobbake.com.

Just Sold! 329 Harvard Street in Canton

Front.jpgJust days before Christmas, a deserving family got the keys to their new house on 329 Harvard Street in Canton. Their new stately colonial features all three bedrooms upstairs, a kitchen that opens to the family room with cozy fireplace (especially helpful for the Polar Vortex of 2014) and door wall leading to a tiered deck and expansive rear yard.  The perfect family home in a family community ready for them to add their own personal touches.

Growing up in Canton myself, I’m familiar with all Canton has to offer residents and visitors of all ages. The school system is top-notch, community sports range from ice hockey to soccer and the police department is nationally accredited. The Summit on the Park is the community center located near the heart of the township. There you can swim, golf, exercise on your own or in a class, or take your kids to learn how to swim. Up and down Ford Road you will see sculptures and art pieces showcased to spruce up your drive through Canton. The Cherry Hill Village Theatre hosts many shows and plays throughout the year that are open for all ages, resident or not. Trust me, you have to check them out!

If you’d like to see more of what Canton Township can offer you and your family, check out their website by clicking here.

Contact me for more information on homes for sale in Canton!

Stephanie Brown, REALTOR

Canton Colonial Available for Long Term Lease

1045 Bristol Ct

(Update: This home has been leased)

Canton Colonial home available for 2+ year lease and conveniently located near Ford and Canton Center Roads in the heard of Canton. The home features 2500 sqft, 4 bedrooms, 3.5 bathrooms, an updated kitchen, finished basement with pool table, 3 car garage, rear deck with hot tub and play set, all appliances, and even lawn care is included.

To learn more about this lease opportunity, contact Stephanie Brown, REALTOR at stephanie@bobbake.com, 734-620-4536, or Patrick Wong, REALTOR, at patrick@bobbake.com, 734-272-8375.

If you have a home to sell and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

Just Sold: 48625 Rockefeller Drive, Canton MI – Central Park Colonial Backing to Woods and Commons

Backing and Siding to Commons

Just sold, this “Quintescentral” Central Park Colonial backing to woods & siding to a commons area. You could be just in time to settle in & enjoy the summer in this resort-like setting with association pool and tennis. All appliances are of course included. The Rainbow Play-set remains as well.  The basement has been newly finished and includes a full bathroom, built-ins, kitchenette, recreation/family room areas & more.  Enjoy calming views from nearly every room in the house!

To learn more about homes like it, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

Just Listed: 48625 Rockefeller Drive, Canton MI – Central Park Colonial Backing to Woods and Commons

Backing and Siding to Commons

(Updated – this home has been sold) Just listed today, this “Quintescentral” Central Park Colonial backing to woods & siding to a commons area. You could be just in time to settle in & enjoy the summer in this resort-like setting with association pool and tennis. All appliances are of course included. The Rainbow Play-set remains as well.  The basement has been newly finished and includes a full bathroom, built-ins, kitchenette, recreation/family room areas & more.  Enjoy calming views from nearly every room in the house!

To learn more about this home and homes like it, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

Just Sold! 6592 Marshall: Updated 3 Bedroom, 2 Bath Ranch Home

6592 Marshall

Just sold and sold very quickly, this beautifully updated Ranch home in Sunflower Association: Ranch homes which offer single floor living are ideal homes for those who don’t need the extra space a Colonial or Cape Cod style offers.  Yet the Ranch style home still provides enough living space, opportunity for high ceilings and more open layouts, and large basements. Ranch style homes usually sell at a premium compared to other styles of homes since the construction costs per sqft are higher all else being equal.  The square footage requires increasing the overall footprint/basement and roof area of the home while in the case of a Colonial, adding square footage means going up and not out.  With the continuing lack of supply in the area, most homes are selling quickly and for higher prices than last year. And multiple offers including offers over asking price are common which can be a shock to new buyers entering the market. Here, updates include a 2011 eat-in Kitchen with granite countertops, maple cabinetry and wide plank, solid Hickory hardwood flooring. Both full bathrooms have also been updated with granite, tile, vanities and more. Additional updates include new carpet (2012), new furnace (2008), new A/C (2009) and upgraded light fixtures throughout. The generously sized great room with cathedral ceiling also includes a natural, masonry raised hearth fireplace. And the rear yard offers a wide deck with expansive views of relaxing willow trees. The Sunflower association commons include both Pool and Tennis.

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To learn more about this home and homes like it, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

New Listing! 6592 Marshall: Updated 3 Bedroom, 2 Bath Ranch Home

6592 Marshall

(Updated – this home has been sold and is no longer available) Beautifully updated Ranch home in Sunflower Association. Updates include a 2011 eat-in Kitchen with granite countertops, maple cabinetry and wide plank, solid Hickory hardwood flooring. Both full bathrooms have also been updated with granite, tile, vanities and more. Additional updates include new carpet (2012), new furnace (2008), new A/C (2009) and upgraded light fixtures throughout. The generously sized great room with cathedral ceiling also includes a natural, masonry raised hearth fireplace. And the rear yard offers a wide deck with expansive views of relaxing willow trees. The Sunflower association commons include both Pool and Tennis.

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To arrange a private viewing or to learn more about this home and homes like it, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.

Just Sold! 45173 Horseshoe Circle, 2 Bedroom Condo in the Heart of Canton

new work pics 041.JPGJust sold to one of our clients, this move-in ready 2 Bedroom Carriage Park Condo in Canton, MI with 2 car attached garage and full basement. The home enjoys a private rear patio and 1300 sqft of living space on two levels.  The second floor includes a spacious master suite and walk-in closet and full bathroom. Located at the main cross roads of Canton, this home is ideally located to shopping, dining, entertainment, and easy access to freeways.

To see more homes like this, please visit our Plymouth and Northville Real Estate homepage at  www.bobbake.com or simply contact Carrie, Plymouth and Northville Associate Broker, at 734-788-2398 –  carrie@bobbake.com or Patrick, Plymouth and Northville REALTOR,at  734-272-8375 – patrick@bobbake.com.

If you have a home to sell in the Plymouth and Northville area and would like a private consultation, please feel free to contact us to discuss your needs in confidence. We are specialists in the local area with the experience and knowledge to assist you throughout your home buying and selling process.