Washtenaw County Housing Report August 2024
Washtenaw Single-Family Summary
335
Jul New Listings
-1% from last month
226
New Pendings
-16% from last month
266
Closed Sales
+6% from last month
$276
Price Per SQ FT
-1% from last month
$553K
Avg Sale Price
+4% from last month
Washtenaw County Single-Family Activity Summary
All Price Ranges
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 403 | 338 | 335 | 2,046 | 2,120 | 4% |
| New Pendings | 261 | 269 | 226 | 1,748 | 1,591 | -9% |
| Closed Sales | 281 | 250 | 266 | 1,658 | 1,487 | -10% |
| Price/SF | $278 | $280 | $276 | $244 | $267 | 9% |
| Avg Price | $538,625 | $532,198 | $552,872 | $486,275 | $513,286 | 6% |
<$300k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 68 | 62 | 66 | 439 | 392 | -11% |
| New Pendings | 55 | 53 | 47 | 418 | 345 | -17% |
| Closed Sales | 53 | 43 | 43 | 383 | 299 | -22% |
| Price/SF | $192 | $184 | $183 | $175 | $180 | 3% |
$300k-$600k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 213 | 173 | 167 | 1,086 | 1,105 | 2% |
| New Pendings | 133 | 144 | 124 | 946 | 854 | -10% |
| Closed Sales | 147 | 136 | 140 | 889 | 797 | -10% |
| Price/SF | $253 | $254 | $244 | $228 | $244 | 7% |
>$600k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 122 | 103 | 102 | 521 | 623 | 20% |
| New Pendings | 73 | 72 | 55 | 384 | 392 | 2% |
| Closed Sales | 81 | 71 | 83 | 386 | 391 | 1% |
| Price/SF | $328 | $333 | $336 | $296 | $324 | 10% |
Washtenaw Condo Summary
96
Jul New Listings
-19% from last month
78
New Pendings
-11% from last month
90
Closed Sales
+10% from last month
$358
Price Per SQ FT
+31% from last month
$485K
Avg. Sale Price
+21% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 116 | 119 | 96 | 696 | 696 | 0% |
| New Pendings | 93 | 88 | 78 | 605 | 570 | -6% |
| Closed Sales | 115 | 82 | 90 | 580 | 539 | -7% |
| Price/SF | $280 | $274 | $358 | $259 | $288 | 11% |
| Avg Price | $400,346 | $400,702 | $484,540 | $358,047 | $403,687 | 13% |
<$250k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 26 | 26 | 20 | 193 | 158 | -18% |
| New Pendings | 24 | 15 | 16 | 193 | 128 | -34% |
| Closed Sales | 21 | 13 | 20 | 172 | 125 | -27% |
| Price/SF | $248 | $200 | $209 | $195 | $209 | 7% |
$250k-$500k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 70 | 57 | 53 | 358 | 374 | 4% |
| New Pendings | 56 | 48 | 50 | 315 | 314 | 0% |
| Closed Sales | 72 | 55 | 55 | 302 | 303 | 0% |
| Price/SF | $256 | $248 | $253 | $235 | $250 | 7% |
>$500k
| May ’24 | Jun ’24 | Jul ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 20 | 36 | 23 | 145 | 164 | 13% |
| New Pendings | 13 | 25 | 12 | 97 | 128 | 32% |
| Closed Sales | 22 | 14 | 15 | 106 | 111 | 5% |
| Price/SF | $345 | $384 | $691 | $359 | $400 | 11% |
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