Plymouth and Northville Real Estate Values – the First Six Months of 2017 Show Continued Price Growth

It’s mid-summer and we now have data for the first six months of 2017! Our markets of Plymouth and Northville, both City and Township, remain strong and steady. The charts are fairly self-explanatory and locals know how intense the market is around us. The City of Plymouth continues to increase in value as the downtown area flourishes with busy shops, restaurants, and events.  The City of Northville has also seen significant increases in value while the number of new listings remains low across the region. The Townships of both Plymouth and Northville have also shown steady price increases in addition to growing new development activity – especially in Northville Township. The lack of inventory as shown below illustrates that in an area where there is limited opportunity for new development, the price of existing homes will appreciate in a strong market.

 

Plymouth and Northville New Listings

Plymouth and Northville Real Estate Values – the First Six Months of 2016 were Good!

It’s mid-summer and we now have data for the first six months of 2016! Our markets of Plymouth and Northville, both City and Township, remain strong and steady. The charts are fairly self-explanatory and locals know how intense the market is around us. The City of Plymouth continues to increase in value as the downtown area flourishes with new shops including the opening of Westborn Market. It’s heartwarming to see people walking downtown with their folding shopping trolleys on their way to do their grocery shopping! The City of Northville has also seen significant increases in value – especially in the downtown area where new businesses like Red Dot Coffee and the Center Street Grille have created a lot of excitement. The Townships of both Plymouth and Northville have shown very steady pricing and new development activity is on the rise once again in Northville Township.

Northville City Real Estate Values Northville Township Real Estate Values Plymouth City Real Estate Values Plymouth Township Real Estate Values

 

(Sold) 16885 Lochmoor Circle in Links of Northville Hills Golf Club

(Update, this home has been sold) Just listed for lease by BAKE Real Estate: this elegant Links of Northville Hills Golf Club End Unit Cape Cod Condo.  Exceptional features include: Tranquil interior location, first floor master bedroom, first floor laundry, attached garage, granite kitchen with new stainless steel appliances & ample storage, relaxing rear deck, walk-in closets in both bedrooms, and generous room sizes, 2 fireplaces, newly finished lower level with wet-bar, library/office, and full bath. There is also a community Pool and Clubhouse just a short walk away. Located convenient to Northville and Plymouth with an easy commute to Ann Arbor or Detroit.  2524 Sqft, 2 Bedrooms, 3.1 Bathrooms.

For more information about this home, visit us at  www.bobbake.com or contact Patrick, Associate Broker, at (734) 272-8375 – patrick@bobbake.com, or Stephanie, REALTOR, at (734) 620-4536 – stephanie@bobbake.com.

 

City of Northville and Northville Township Real Estate Values Continue to Rise in 2014

City of Northville Median Sales Price
City of Northville
Northville Township Median Sales Price
Northville Township

It’s time once again to recap sales trends in our area with the Summer selling season now behind us. The City of Northville and Northville Township real estate markets continue to show good demand, limited supply, and consequently – steadily rising prices. Median sales prices for single family homes and condos are up again this year and near pre-recession highs.

If you live in the City of Northville, I’m sure you’ve heard your friends and neighbors talk about a house that sold quickly while another does not. Not every home will sell instantly for a high price – especially in the higher price ranges where there are fewer buyers and the selling process can take longer.  A home may also be priced too optimistically and may need a price adjustment to capture a buyer.

In the Township, prices are up while more supply is starting to come online. There are also more new construction options available as new developments begin to break ground.

Will the market go even higher in 2015 is something we can’t predict but there doesn’t appear to be any let up in demand at the moment.

If you would like to discuss buying a home in Northville – City or Township, please contact us and we would be happy to assist you:  Carrie Bake,  Associate Broker, at (734) 788-2398 – carrie@bobbake.com, Patrick Wong,  Associate Broker,at  (734) 272-8375 – patrick@bobbake.com, or Stephanie Brown, REALTOR, at (734) 620-4536 – stephanie@bobbake.com.

Just Sold! 18290 Edenderry St. in Northville’s Edenderry Hills Community

Edenderry Hills, Northville
Edenderry Hills, Northville


Just Sold! We very pleased to announce that one of our clients has just closed on their new home at 18290 Edenderry in Northville.  This impeccably maintained home with 4 bedrooms, 2.1 Baths, 3+ car garage, full basement, and original hardwood floors throughout the first and second levels, sits high atop Edenderry Hills with commanding views of a neighborhood known for quiet streets, individualized homes, and generous, wooded lots.  Built around 1970 just outside of downtown Northville, residents here enjoy the quiet and serenity of Northville Township’s rolling hills, woods, rivers, and ponds while only a short walk or bike ride to town. This is truly a retreat that remains quietly hidden so close to the City.

For more information about buying a home in Edenderry, please contact us:  Carrie,  Associate Broker, at (734) 788-2398 – carrie@bobbake.com, Patrick,  Associate Broker,at  (734) 272-8375 – patrick@bobbake.com, or Stephanie, REALTOR, at (734) 620-4536 – stephanie@bobbake.com.

2013 Northville Township Real Estate Value and Sales Summary

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2013 Northville Township real estate values reflect what the entire region has been seeing – steadily increasing prices. Since 2009, values have been  improving year over year. There are far fewer bank-owned homes and short sales impacting the market.  And, with the local economy improving dramatically, the annual cycle of new buyers combined with buyers who delayed buying during the recession, have created a very competitive real estate market.

If you are considering buying or selling a home in the Plymouth/Northville area in 2014, feel free to contact us and we’d be happy to discuss your plans and offer our help.  Please also visit our homepage at www.bobbake.com.

Just Sold: 9184 Currie Road, Northville – Historic Greek Revival on 27 Acres

IMG_0073We are pleased to announce the completed sale of 9184 Currie Road in Salem Township.  This historic Greek Revival home sits on 27 acres at the corner of Seven Mile Road and Currie. The setting is pastoral with gently rolling hills and orchards, and white fencing. There are 2 out buildings and the home sits well back from the main road. The home itself has hardwood floors throughout, 2 fireplaces and a newer kitchen. There’s charm and character in every detail.

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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: 18740 Valencia, Northville MI – Ranch Home with Walkout Lower Level on 2 Acres

20130906_181859Recently sold to one of our clients, this 3 Bedroom, 2 Bath Ranch with a walkout finished lower level enjoys a truly park-like atmosphere on nearly 2 acres just outside the City of Northville.  Amid the towering pine trees, grassy meadows, and even river frontage at the rear corner of the property, 18740 Valencia is a remarkable combination of location and setting combined with the functionality and simplicity of single floor living close to town.  On Valencia, many of the homes have acreage and all sit well back from the road. It’s a little bit of the country just outside the City.

20130906_180609To 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.

The Abandoned Institutions of Western Wayne County

DSC_0960One of the more interesting contrasts you’ll find in the Plymouth and Northville area is the co-existence of prison facilities alongside lavish luxury homes. After closing several years ago, the Robert Scott Correctional Facility (AKA Women’s Prison) in Northville Township is being demolished. The work has been going on for some weeks now and the buildings are coming down one after another.  No word yet on what will become of this prime real estate on the northwest corner of Beck Road and 5 Mile. I’m sure no one will miss the rows of razor wire topped fencing and concrete watch towers.

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But just west along 5 Mile still stands the also closed Western Wayne Correctional Facility formerly known as the Detroit House of Correction.  I like the old name better. I’m sure this complex will also be demolished one day. Located on the outskirts of Detroit, there were once many institutional facilities here including the old Northville Regional Psychiatric Hospital (planned for development), the Wayne County Training School (now luxury homes and a strip mall), and Maybury Sanatorium (now Maybury State Park).

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