Dearborn Heights Experiences Unprecedented Boom in Real Estate Sales

Dearborn Heights Soars with Record-Breaking Real Estate Sales!

In the past week, Wayne County has witnessed an impressive surge in residential real estate sales, with a staggering 440 properties changing hands! Amongst this whirlwind of activity, a stunning home in Dearborn Heights has taken the top spot, selling for a jaw-dropping $2 million.

What’s Hot? The Most Expensive of the Week

That incredible property at 6616 Fairwood Drive caught everyone’s attention with its spacious layout of 5,469 square feet and a chic price tag of $357 per square foot. Built in 2014, it’s clear that this home is the complete package for anyone looking for luxury and comfort combined.

A Mix of Stunning Homes

But Dearborn Heights isn’t the only player in this game. Right behind the top seller, we’ve got some prestigious transactions from across the county. Let’s break it down!

• 78 Vendome Road in Grosse Pointe Farms sold for $1.56 million. This 5,258 square-foot beauty, built in 1928, fetched $297 per square foot—truly a classic!
• Then there’s the regal 17325 Pontchartrain Blvd. in Detroit, where history meets luxury. This grand residence, boasting 7,230 square feet of living space, set buyers back $1.25 million at $173 per square foot.
• 17905 Briar Ridge Lane in Northville rang in at $1.2 million. Built just a decade ago, this house includes 4,785 square feet of sophisticated living space and an affordable cost of $251 per square foot.
• Continuing the Northville trend, 15892 Crystal Downs found new owners for $1.127 million, with 4,202 square feet of modern appeal, coming in at $268 per square foot.

What’s the Average?

Now, while those opulent properties are eye-catching, it’s essential not to overlook the overall market. The average home sale price in Wayne County dipped into the range of $216,562, with homes selling at around $153 per square foot. This shows that while some are cashing in big, there are still plenty of options for homebuyers across the county.

Notable Sales Snapshot

Several other significant sales have made headlines this week:

• The charming single-family house at 222 Moran Road in Grosse Pointe Farms moved for $767,000 (with a comfy 3,767 square feet at $204 per square foot).
• 44155 Deep Hollow Circle in Northville was sold for $950,000. It offers a handsome living area of 3,994 square feet at $238 per square foot.
• Grosse Pointe Park saw the sale of a lovely home at 895 Bishop Road for $730,000, including 2,587 square feet at $282 per square foot.

A Thriving Market Ahead

As the real estate market continues to thrive in Wayne County, it’s a great time for homebuyers and sellers alike to engage in this active community. With a variety of options, from quaint family homes to opulent mansions, the market remains a bustling hub of opportunity for everyone involved.

So, whether you’re dreaming of that picturesque mansion or simply looking for a cozy nest to call home, keep an eye on the trends here in Dearborn Heights and beyond!