Is Burt, MI 48417 a buyer’s or seller’s market?
Burt is a seller’s market. With about 3.2 months of supply and 40% 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 supply3.2Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$111▼ −27.7% vs. last year
Run the numbers for 48417
Nearby markets
Birch Run 48415Seller’s market $162 /sq ftBrant 48614 $122 /sq ftBridgeport 48722Seller’s market $131 /sq ftCarrollton 48724Seller’s market $101 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology