Clear guidance for buyers, sellers, and Metro Detroit homeowners.

What Counts as a Luxury Home in Novi, Michigan?

What Counts as a Luxury Home in Novi, Michigan? In Novi, I would generally define the upper tier of the residential market as homes selling around $1.2 million and above. That is where a property begins to separate itself from the broader market in terms of price, setting, finish level, location, an

Novi Real Estate Market Update: May 2026

Novi Real Estate Market Update: May 2026 If you're tracking home values in Novi, here's what the latest numbers are showing. I go through the local market reports every month, and May had a bit of a mixed bag for Novi. Prices are still moving up, but a few other numbers are worth paying attention to

Cash Versus Financed Offers in Novi, Northville, and South Lyon: What the Past Twelve Months Actually Show

Cash Versus Financed Offers in Novi, Northville, and South Lyon: What the Past Twelve Months Actually Show The Short Version Cash offers can be attractive because they reduce uncertainty. The data from Novi, Northville, and South Lyon over the past twelve months shows that cash is not automatically

Novi's April 2026 Market: Faster Pace, Softer Median, and Why Both Things Are True at Once

Novi's April 2026 numbers tell a story that sounds contradictory at first. The median residential sale price is down 17 percent compared to last April. And yet pending sales jumped 44 percent, closed sales rose 40 percent, days on market fell from 27 to 13, and buyers paid 101.2 percent of list pric