Northwest Michigan Housing Report April 2025
NW 6-County Combined Summary
Waterfront, Non-Waterfront, Condo
296
Mar New Listings
+37% from last month
173
New Pendings
+2% from last month
205
Closed Sales
+21% from last month
$302
Price Per Sq. Ft.
+16% from last month
$421K
Avg. Sale Price
+9% from last month
| Property Type | Jan ’25 | Feb ’25 | Mar ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 164 | 169 | 205 | -1% | -3% |
| Avg Price | $556,095 | $338,030 | $421,364 | 19% | 4% | |
| Waterfront | Sales | 12 | 13 | 12 | -29% | -20% |
| Avg Price | $1,477,833 | $838,123 | $949,958 | 23% | -8% | |
| Non-Waterfront | Sales | 124 | 130 | 148 | 4% | 0% |
| Avg Price | $526,214 | $346,052 | $383,604 | 24% | 12% | |
| Condo | Sales | 28 | 26 | 45 | 19% | -6% |
| Avg Price | $293,394 | $372,877 | $404,597 | 14% | 8% |
| Price Range | Jan ’25 | Feb ’25 | Mar ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 164 | 169 | 205 | -1% | -3% |
| $/SF | $351 | $261 | $302 | 17% | 3% | |
| Avg Price | $556,095 | $338,030 | $421,364 | 19% | 4% | |
| <$350k | Sales | 87 | 101 | 116 | -4% | -2% |
| $/SF | $189 | $184 | $206 | 13% | 2% | |
| $350k-$700k | Sales | 50 | 50 | 68 | -1% | -6% |
| $/SF | $298 | $274 | $307 | 2% | 2% | |
| >$700k | Sales | 27 | 18 | 21 | 18% | 3% |
| $/SF | $633 | $467 | $569 | 24% | -1% |
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