Median price for residential condos in as of Dec, 2020.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the condo.
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Condo Size | Dec | vs Last Month |
---|---|---|
1 bed condos | $146,095 | -7.1% |
2 bed condos | $261,556 | -8.9% |
3 bed condos | $534,367 | -4.8% |
4+ bed condos | $235,679 | -10.6% |
During the Dec 2020, the median price for a condominium in/near Detroit, MI decreased by 6.3% to 283.904 $.
The property value of a 1-bed condo went down by 7.1%, so the price tag starts at 146.095 $. The price for 2-bed condo rolled bak by 8.9%, it is now for sale for 261.556 $. The average price for 3-bed condo depleted by 4.8% resulting in the price of 534.367 $. The price for 4- and more bed condo depleted by 10.6%, it is now for sale for 235.679 $.