Northville + Novi Market Update - Summer 2025

Northville and Novi remain two of Metro Detroit’s most in-demand communities—and this summer, both markets are showing signs of a strong, confident shift.

Let’s dive into what’s happening:

📍 Novi Quick Stats:

  • Average Sale Price: $510,125

  • Average Days on Market: 23

  • List-to-Sale Price Ratio: 100.1%

  • Homes Sold Last Month: 48

📍 Northville Quick Stats:

  • Average Sale Price: $598,430

  • Average Days on Market: 27

  • List-to-Sale Price Ratio: 99.6%

  • Homes Sold Last Month: 26


🔎 What This Means:

➡️ Well-Priced Homes Are Flying
Buyers are still writing strong offers, especially in desirable subdivisions like Island Lake in Novi and Maple Hill in Northville. If it’s priced right and staged well, it’s selling—fast.

➡️ Inventory is Up Slightly, But Still Tight
We’re seeing more listings than earlier in 2025, but not enough to ease buyer competition. That’s keeping prices steady and pushing homes toward full-price offers.

➡️ Move-In Ready Matters More Than Ever
Buyers are willing to pay for updates. Homes with renovated kitchens, finished basements, or newer mechanicals are winning attention—and offers—within the first week.


💡 Strategic Advice:

  • Buyers: Be ready to tour quickly. A strong pre-approval and flexible terms (like fast close or post-occupancy) can help you win.

  • Sellers: Now’s the time. If you’ve been on the fence, this market still heavily favors well-prepped listings.


Need help buying or selling in Northville or Novi this summer?


Let’s chat about your goals and map out a smart strategy.


📲 Text/Call me at 248-752-7989.

Previous
Previous

Metro Detroit Housing Market: Summer 2025 Snapshot

Next
Next

Blog Post Title Three