In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Otsego County, Michigan.
For August 2024, the data showcases a Median Sale Price of $290,000 in Otsego County, a drop of 0.9% from the last month and an increase 18.7% from the same period the previous year.
The area witnessed the sale of 44 homes during this period, which is a 69.2% increase from the preceding month and a decrease of 18.5% compared to the same timeframe last year.
The median time homes spent on the market was 51 day, which is up 15 days compared to last month and an increase of 9 days over the previous year.
Currently, with a Market Pulse Score of 116, Otsego County’s real estate market appears to be experiencing an upturn.
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.
MyMarketPulse – What the Pros Know