Is Erie, MI 48133 a buyer’s or seller’s market?
Erie is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$172▲ +4.4% vs. last year
Run the numbers for 48133
Nearby markets
Carleton 48117Seller’s market $185 /sq ftDundee 48131Seller’s market $164 /sq ftIda 48140Seller’s market $151 /sq ftLa Salle 48145Seller’s market $187 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology