The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Otsego County, Michigan’s real estate market for May 2024.
According to the latest data, Otsego County’s Median Sale Price was pegged at $269,125, showing a decrease of 8.8% from the preceding month and a rise of 3.1% from the year before.
The region reported 23 home sales, marking a reduction of 14.8% from the prior month, and 25.8% decrease year-over-year.
Homes remained on the market for a median of 41 day, which is down 46 days from the month before and up 7 days from the previous year.
With a Market Pulse Score of 94, the analysis suggests a falling trend in Otsego County’s housing market momentum.
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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