Grosse Pointe Farms Market Report
$768,772
AVERAGE PRICE OF 80 HOMES$1,918,875
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$975,254
AVERAGE PRICE OF 20 HOMES WITH A POOL$324,900
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $768,772 |
| Avg Bedrooms | 3.75 beds |
| Avg Bathrooms | 3.13 baths |
Average Price by Bedrooms
| 2 bedrooms | $359,300 |
| 3 bedrooms | $509,072 |
| 4 bedrooms | $585,977 |
| 5 bedrooms | $984,842 |
Grosse Pointe Farms Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 81 | 93 | 68 | 72 | 62 |
| Average Price | $651,984 | $676,875 | $827,247 | $820,376 | $728,522 |
| Avg Price Change | -3.82% | -22.22% | +0.84% | +12.61% | -3.53% |
| Median Price | $468,949 | $471,249 | $532,443 | $502,928 | $497,490 |
| Med Price Change | -0.49% | -12.99% | +5.87% | +1.09% | -5.13% |
| Avg Bedrooms | 3.57 beds | 3.66 beds | 3.95 beds | 3.84 beds | 3.73 beds |
| Avg Bathrooms | 2.91 baths | 2.87 baths | 3.24 baths | 3.12 baths | 3.11 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grosse Pointe North | 2 | $722,450 | 41 days |
| Grosse Pointe South | 1 | $664,900 | 37 days |
| Grosse Pointe South High | 1 | $1,292,000 | 15 days |
| South | 1 | $4,800,000 | 2 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 80 | $768,772 | 59 days |
| Multi-Million Dollar Homes | 16 | $1,918,875 | 158 days |
| Homes with a Pool | 20 | $975,254 | 36 days |
| Reduced Price Homes | 2 | $324,900 | 32 days |
