Washtenaw County Housing Report March 2024
Washtenaw Single-Family Summary
246
Feb New Listings
+36% from last month
155
New Pendings
+3% from last month
157
Closed Sales
+30% from last month
$232
Price Per SQ FT
-4% from last month
$440K
Avg Sale Price
-6% from last month
Washtenaw County Single-Family Activity Summary
All Price Ranges
| Dec ’23 | Jan ’23 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 133 | 181 | 246 | 385 | 427 | 11% |
| New Pendings | 148 | 150 | 155 | 349 | 305 | -13% |
| Closed Sales | 140 | 121 | 157 | 314 | 278 | -11% |
| Price/SF | $232 | $243 | $232 | $213 | $237 | 11% |
| Avg Price | $429,451 | $466,940 | $440,350 | $398,311 | $451,923 | 13% |
<$300k
| Dec ’23 | Jan ’23 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 36 | 38 | 54 | 92 | 92 | 0% |
| New Pendings | 41 | 40 | 37 | 116 | 77 | -34% |
| Closed Sales | 35 | 30 | 39 | 113 | 69 | -39% |
| Price/SF | $179 | $175 | $172 | $171 | $173 | 1% |
$300k-$600k
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 79 | 111 | 130 | 205 | 241 | 18% |
| New Pendings | 77 | 91 | 88 | 179 | 179 | 0% |
| Closed Sales | 80 | 68 | 93 | 166 | 161 | -3% |
| Price/SF | $228 | $229 | $224 | $212 | $226 | 7% |
>$600k
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 18 | 32 | 62 | 88 | 94 | 7% |
| New Pendings | 30 | 19 | 30 | 54 | 49 | -9% |
| Closed Sales | 25 | 23 | 25 | 35 | 48 | 37% |
| Price/SF | $266 | $297 | $289 | $273 | $293 | 7% |
Washtenaw Condo Summary
77
Feb New Listings
+20% from last month
50
New Pendings
+2% from last month
45
Closed Sales
+22% from last month
$241
Price Per SQ FT
-3% from last month
$330K
Avg. Sale Price
-3% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 46 | 64 | 77 | 137 | 141 | 3% |
| New Pendings | 51 | 49 | 50 | 105 | 99 | -6% |
| Closed Sales | 60 | 37 | 45 | 87 | 82 | -6% |
| Price/SF | $248 | $247 | $241 | $239 | $244 | 2% |
| Avg Price | $347,202 | $339,226 | $330,004 | $337,666 | $334,165 | -1% |
<$250k
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 15 | 20 | 15 | 38 | 35 | -8% |
| New Pendings | 16 | 14 | 16 | 30 | 30 | 0% |
| Closed Sales | 16 | 14 | 13 | 28 | 27 | -4% |
| Price/SF | $181 | $196 | $188 | $191 | $192 | 0% |
$250k-$500k
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 17 | 32 | 29 | 64 | 61 | -5% |
| New Pendings | 26 | 25 | 17 | 58 | 42 | -28% |
| Closed Sales | 32 | 18 | 27 | 45 | 45 | 0% |
| Price/SF | $236 | $234 | $232 | $212 | $233 | 10% |
>$500k
| Dec ’23 | Jan ’24 | Feb ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 14 | 12 | 33 | 35 | 45 | 29% |
| New Pendings | 9 | 10 | 17 | 17 | 27 | 59% |
| Closed Sales | 12 | 5 | 5 | 14 | 10 | -29% |
| Price/SF | $308 | $334 | $337 | $349 | $335 | -4% |
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