Mexicantown - Southwest Detroit Market Trends


Median Sales Price in Mexicantown - Southwest Detroit

 

1 yr 5 yr Max
Mexicantown - Southwest Detroit median sales prices
Number of sold homes in Mexicantown - Southwest Detroit
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Mexicantown - Southwest Detroit $28,000 -34.2% $45,500 $42,550 $40,000
Detroit $40,000 +5.3% $39,000 $38,000 $37,429
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Summary for Mexicantown - Southwest Detroit


The median sales price for homes in Mexicantown - Southwest Detroit for Nov 14 to Feb 15 was $28,000. This represents a decline of 38.5%, or $17,500, compared to the prior quarter and a decrease of 34.2% compared to the prior year. Sales prices have depreciated 30% over the last 5 years in Mexicantown - Southwest Detroit, Detroit. The median sales price of $28,000 for Mexicantown - Southwest Detroit is 30.00% lower than the median sales price for Detroit MI. Average listing price for homes on Trulia in Mexicantown - Southwest Detroit was $82,800 for the week ending Feb 18, which represents an increase of 17.2%, or $12,175 compared to the prior week and an increase of 17.8%, or $12,533, compared to the week ending Jan 28. Average price per square foot for homes in Mexicantown - Southwest Detroit was $43 in the most recent quarter, which is 19.44% higher than the average price per square foot for homes in Detroit.

Average Listing Price in Mexicantown - Southwest Detroit

 

Mexicantown - Southwest Detroit average property price
Mexicantown - Southwest Detroit – number of properties
Neighborhood Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Week ending
Jan 28
Mexicantown - Southwest Detroit $82,800 +17.2% $70,625 $72,386 $70,267
Detroit $54,893 +4.1% $52,741 $51,869 $51,821
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Average Price Per Sqft. for Homes in Mexicantown - Southwest Detroit

 

1 yr 5 yr Max
Mexicantown - Southwest Detroit average price per square foot
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Mexicantown - Southwest Detroit $43 +38.7% $32 $31 $32
Detroit $36 +2.9% $37 $35 $38
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Popular Neighborhoods in Detroit


Neighborhoods Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Bagley 1 1 2
Morningside 2 +1 3 1
North Rosedale Park 3 +1 4 8
Grandmont-Rosedale 4 -2 2 4
Mexicantown - Southwest Detroit 5 +3 8 9
Jefferson Chalmers 6 -1 5 3
Stats & Trends
Homes for Sale in Mexicantown - Southwest Detroit
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