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Romeo Market Report

$446,460

AVERAGE PRICE OF 48 HOMES

$1,490,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$464,444

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$591,466

AVERAGE PRICE OF 3 HOMES WITH A POOL

Average Home

Average Price $446,460
Avg Bedrooms 3.44 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $70,000
2 bedrooms $197,450
3 bedrooms $410,645
4 bedrooms $484,155
5 bedrooms $452,450
Romeo Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 49 43 37 34 35
Average Price $441,356 $427,060 $415,892 $408,601 $400,605
Avg Price Change +3.35% +2.69% +1.78% +2.00% -4.44%
Median Price $449,310 $368,112 $420,772 $377,951 $369,239
Med Price Change +22.06% -14.31% +11.33% +2.36% -12.23%
Avg Bedrooms 3.43 beds 3.47 beds 3.35 beds 3.31 beds 3.29 beds
Avg Bathrooms 2.99 baths 2.96 baths 2.98 baths 2.97 baths 2.97 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 48 $446,460 205 days
Multi-Million Dollar Homes 1 $1,490,000 84 days
Newly Built Homes 20 $464,444 355 days
Homes with a Pool 3 $591,466 41 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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