#50164889, Elaine Gulock, Listing Office: Keller Williams Realty Lakeside
East China Housing Market Report December 2024•Saint Clair County, Michigan
Housing Prices in East China, MI
How much do homes in East China, MI cost?
Housing Market Conditions
Is East China, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
East China is a Seller's Market
Difference Since November 2024
Last month, East China has remained a Seller's Market.
East China is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in East China have sold for 6% less than they did a month ago.
Summary: The median home sold price in East China was $389,900 in December 2024, down 6% from last month, and the median price per square foot was $172.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
China Township | $355K | $431K | +21.4% |
East China | $415K | $389.9K | -6.0% |
Marine City | $180K | $157.5K | -12.5% |
East China Township | $435K | $260K | -40.2% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $420K | $224K | -46.7% |
33 Bedrooms | $415K | $431K | +3.9% |
44 Bedrooms | - | $507.4K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: East China housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -46.7%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in East China, MI
How many homes are available in East China, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthDec 2024 | ||
202 months agoNov 2024 | -5.0 % Change MoMNov – Dec |
Summary: The East China real estate market had 19 homes for sale in Dec 2024, a 5.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthDec 2024 | ||
52 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 1 | +100.0% |
22 Bedrooms | 5 | 4 | -20.0% |
33 Bedrooms | 9 | 8 | -11.1% |
44 Bedrooms | 5 | 5 | 0.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: East China housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in East China, MI cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in East China, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in East China in December 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for East China, MI
How long does it take to sell a home in East China, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in East China has remained consistent over time.
Summary: During December 2024, 5 homes were sold in East China; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
35 DaysLast MonthDec 2024 | ||
18 Days1 month agoNov 2024 | +88.3 % Change MoMNov – Dec |
Summary: Homes in East China had an average listing age of 35 days in Dec 2024, up by 88.3% compared to the previous month.
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Newest Listings in East China, MI
What homes are available in East China, MI?
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Based on information from MiRealSource Inc. DL, and RealComp II Ltd. for the period 11/01/2024 - 01/01/2025
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Last updated on: 1/24/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/23/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.