Apr New Listings
+8% from last month
New Pendings
+10% from last month
Closed Sales
+30% from last month
Price Per SQ FT
+7% from last month
Avg Sale Price
+2% from last month
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 297 | 337 | 364 | 1,709 | 1,380 | -19% |
New Pendings | 209 | 283 | 312 | 1,411 | 1,154 | -18% |
Closed Sales | 199 | 235 | 305 | 1,287 | 1,050 | -18% |
Price/SF | $231 | $247 | $264 | $230 | $240 | 4% |
Avg Price | $461,030 | $520,959 | $533,583 | $455,452 | $476,590 | 5% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 53 | 80 | 62 | 466 | 284 | -39% |
New Pendings | 50 | 58 | 66 | 441 | 290 | -34% |
Closed Sales | 54 | 42 | 55 | 367 | 264 | -28% |
Price/SF | $171 | $170 | $178 | $163 | $172 | 6% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 146 | 181 | 199 | 865 | 731 | -15% |
New Pendings | 117 | 159 | 177 | 694 | 633 | -9% |
Closed Sales | 104 | 133 | 162 | 647 | 563 | -13% |
Price/SF | $221 | $232 | $231 | $221 | $223 | 1% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 98 | 76 | 103 | 378 | 365 | -3% |
New Pendings | 42 | 66 | 69 | 276 | 231 | -16% |
Closed Sales | 41 | 60 | 88 | 273 | 223 | -18% |
Price/SF | $277 | $288 | $326 | $280 | $298 | 6% |
Apr. New Listings
-8% from last month
New Pendings
-6% from last month
Closed Sales
+9% from last month
Price Per SQ FT
+9% from last month
Avg. Sale Price
+4% from last month
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 114 | 138 | 127 | 563 | 515 | -9% |
New Pendings | 103 | 108 | 102 | 474 | 419 | -12% |
Closed Sales | 86 | 94 | 102 | 433 | 370 | -15% |
Price/SF | $270 | $246 | $269 | $235 | $256 | 9% |
Avg Price | $396,226 | $338,677 | $352,217 | $328,361 | $355,660 | 8% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 28 | 35 | 36 | 189 | 136 | -28% |
New Pendings | 31 | 33 | 35 | 193 | 129 | -33% |
Closed Sales | 26 | 27 | 33 | 160 | 114 | -29% |
Price/SF | $171 | $187 | $195 | $181 | $186 | 3% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 63 | 77 | 69 | 253 | 273 | 8% |
New Pendings | 52 | 59 | 49 | 217 | 219 | 1% |
Closed Sales | 39 | 51 | 49 | 216 | 185 | -14% |
Price/SF | $238 | $233 | $259 | $233 | $235 | 1% |
Mar ’23 | Apr ’23 | May ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 23 | 26 | 22 | 121 | 106 | -12% |
New Pendings | 20 | 16 | 18 | 64 | 71 | 11% |
Closed Sales | 21 | 16 | 20 | 57 | 71 | 25% |
Price/SF | $374 | $326 | $347 | $318 | $351 | 10% |
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2 minutes After several years of rapidly rising prices and mild inflation (until the past two years) homebuyers and sellers need to be aware of the potential for a significant jump between [...]
Southeast Michigan 2024 Housing: Trends and Predictions
2 minutes Through the first half of 2024, expect demand to continue to outweigh supply. However, as the year progresses, expect to see inventory gradually rise into a more balanced position as [...]
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