The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Otsego County, Michigan’s real estate market for February 2024.
The Median Sale Price for properties in Otsego County was documented at $210,000 for February 2024. This price point is an upward move of 10.50% from the previous month and shows a 9.10% rise from the year before.
The area witnessed the sale of 16 homes during this period, which is a 23.80% decrease from the preceding month and a decrease of 23.80% compared to the same timeframe last year.
The median time homes spent on the market was 64 days, which is down 22 days compared to last month and an increase of 4 days over the previous year.
The Market Pulse Score for Otsego County is presently at 74, signaling a downward trajectory in the market’s activity.
For more information about the Otsego County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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