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Northville’s Real Estate Market Shines Brightly

A stunning luxury home in Northville, Michigan

News Summary

Northville has emerged as a standout in the Metro Detroit real estate market with several high-profile sales. The most notable is a stunning home at 18753 Cumberland Court, which sold for $777,500. Over a two-week period, a total of nine residential sales were recorded across Northville and Grosse Pointe, showcasing the area’s appeal in the luxury segment. With an average sale price exceeding $500,000, Northville is increasingly seen as a prime destination for homebuyers seeking upscale living.

Northville’s Real Estate Market Shines Brightly

Northville has certainly made a splash in the Metro Detroit real estate scene in recent weeks! With some stunning sales recorded from December 30 to January 12, it’s a great time to take a closer look at the numbers and see what’s trending in the luxury market.

Pricey Listings Steal the Show

Leading the charge is a jaw-dropping home that sold for $777,500! This luxurious beauty, located at 18753 Cumberland Court, not only secured its place as the most expensive residential sale in the area during this time frame but also solidified Northville’s standing in the upscale market. Built in 2017, it boasts a spacious 3,172 square feet of living space, giving new owners a generous $245 per square foot.

Overall Market Snapshot

In total, there were nine residential sales recorded in the Northville and Grosse Pointe areas during this two-week period. These sales paint a vibrant picture of the market, with the average sale price landing at an impressive $504,822. It’s clear that homebuyers are ready to invest in their dream homes, especially when the average price per square foot for these properties reached $221.

A Look at Recent Sales

Walking through each of the notable sales gives a better idea of what Northville and nearby Grosse Pointe areas have to offer:

1614 Newcastle Road, Grosse Pointe Woods: Sold for $280,000 (1,814 sqft, $154/sqft, finalized on Nov. 25)
470 McKinley Avenue, Grosse Pointe Farms: Sold for $345,000 (1,648 sqft, $209/sqft, finalized on Dec. 3)
1585 Fairholme Road, Grosse Pointe Woods: Sold for $395,000 (1,812 sqft, $218/sqft, finalized on Nov. 25)
210 Chalfonte Avenue, Grosse Pointe Farms: Sold for $450,000 (1,993 sqft, $226/sqft, finalized on Nov. 26)
608 Canterbury Road, Grosse Pointe Woods: Sold for $505,000 (2,842 sqft, $178/sqft, finalized on Nov. 22)
277 Moran Road, Grosse Pointe Farms: Sold for $516,000 (2,128 sqft, $242/sqft, finalized on Nov. 27)
245 Stephens Road, Grosse Pointe Farms: Sold for $575,000 (1,839 sqft, $313/sqft, finalized on Nov. 26)
8980 Pleasantview, Northville: Sold for $699,900 (3,251 sqft, $215/sqft, finalized on Dec. 19)
18753 Cumberland Court, Northville: Sold for $777,500 (3,172 sqft, $245/sqft, finalized on Dec. 2)

Conclusion: A Bright Future Ahead

With its combination of stunning properties and robust sales, Northville is clearly a prime location for buyers looking for luxury in Metro Detroit. The recent sales reveal the area is not just a great place to live but also a smart investment for the future. With an average sale price that exceeds half a million dollars, it’s evident that the charm of Northville, coupled with its luxurious offerings, will continue to attract buyers looking to call it home.

Watch this space closely, as the coming months may reveal even more exciting developments in the Northville real estate market!