Is Commerce Township, MI 48382 a buyer’s or seller’s market?
Commerce Township is a seller’s market. With about 2.7 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.7Under 4 months = seller’s market
Sold above original list41%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$215▲ +12.3% vs. last year
Run the numbers for 48382
Nearby markets
Auburn Hills 48326Seller’s market $187 /sq ftBerkley 48072Seller’s market $227 /sq ftBirmingham 48009Seller’s market $377 /sq ftBloomfield Hills 48301Seller’s market $271 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology