Livonia Real Estate Update: Home Sold for $370,000

Quick Snapshot

  • Address: 16316 Aldrich, Livonia, MI 48154

  • List Price: $345,000

  • Sold Price: $370,000

  • Sold Date: 12/10/2025

  • List-to-Sale Ratio: 107.2%

  • Days on Market: 3

  • Beds/Baths: 3 beds / 2.1 baths

  • Sq Ft: 1,991

  • Year Built: 1985

  • Subdivision: Not listed

  • School District: Livonia

  • Listing Courtesy Of: Remerica Hometown One

Why This Sale Matters

This Livonia sale demonstrates strong buyer demand, especially for updated Colonials in the 48154 market. Selling in just three days, the home moved dramatically faster than typical ZIP trends, signaling highly motivated buyers and limited supply. A list-to-sale ratio of 107.2% reflects competitive bidding and suggests that homes priced strategically are still outperforming expectations. Seasonal year-end activity often tightens inventory, further fueling quick, above-ask results like this one.

Local Market Insight

  • The average DOM in 48154 commonly ranges from the low 20s to mid-30s, making a 3-day sale exceptionally fast.

  • Inventory has remained tight, especially for well-maintained family homes.

  • Updated interiors, modern mechanicals, and refreshed curb appeal consistently separate top performers from homes needing cosmetic work.

Comparable Activity Nearby

  • Several recent Livonia Colonial sales have shown multiple-offer situations, particularly in established neighborhoods with strong school appeal.

  • Nearby listings priced in the mid-$300K range have experienced similar fast-moving activity, reinforcing the strength of this segment.

What This Means for Homeowners

This sale signals that well-priced, well-presented homes in Livonia can still attract immediate interest and even spark bidding wars. Homeowners should view this closing as evidence that demand remains elevated for quality Colonials, and thoughtful pricing continues to be a powerful strategy in achieving premium results.

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CONTACT INFORMATION

Have questions about strategy, timing, or what your neighborhood is doing?
Caleb Bonderenka
πŸ“² 734-945-5948
🌐 https://www.SoldByCaleb.com
πŸ“§ Caleb@SoldByCaleb.com

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Canton Twp Real Estate Update: Royal Pointe West Home Sold for $635,000