Bay City Real Estate Market: In-depth Analysis of Current Sales Data as of July 20, 2023
Welcome to our latest report, diving deep into the most recent sales data for the bustling Bay City real estate market. Today, we will be exploring data up to July 20, 2023, covering single-family homes, condominiums, manufactured homes, and land lots.
The current month has witnessed a single transaction, selling at an average and median price of $330,000 and an average price per square foot of $254.63. Compared to the preceding month, which saw five transactions averaging at $181,000 with an average price per square foot of $268.51, this represents a significant increase in individual transaction value.
Looking back over the past 180 days, the Bay City market has been a hub of activity with 191 transactions. The average sales price during this period was $226,507 with a median of $162,500, demonstrating a healthy and active market.
Now, let’s put these numbers into a clearer perspective:
| Current Month | Last Month | Past 180 Days | |
|---|---|---|---|
| Total Number of Transactions | 1 | 5 | 191 |
| Average Sales Price | $330,000 | $181,000 | $226,507 |
| Median Sales Price | $330,000 | $61,000 | $162,500 |
| Average Price Per Square Foot | $254.63 | $268.51 | $240.9 |
| Median Price Per Square Foot | $254.63 | $268.51 | $240.56 |
The vibrancy of the Bay City real estate market is undeniably evident in these figures, despite the minor slowdown this month. As we move forward, we look forward to providing you with even more insights into this exciting market. Stay tuned!
