Washtenaw County Housing Report September 2023
Washtenaw Single-Family Summary
387
Aug New Listings
+27% from last month
259
New Pendings
-5% from last month
250
Closed Sales
-9% from last month
$259
Price Per SQ FT
+6% from last month
$498K
Avg Sale Price
+3% from last month
Washtenaw County Single Family Activity Summary
All Price Ranges
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 367 | 305 | 387 | 3,045 | 2,440 | -20% |
| New Pendings | 318 | 273 | 259 | 2,444 | 2,010 | -18% |
| Closed Sales | 321 | 276 | 250 | 2,373 | 1,901 | -20% |
| Price/SF | $260 | $243 | $259 | $236 | $246 | 4% |
| Avg Price | $523,711 | $481,888 | $497,734 | $462,290 | $488,366 | 6% |
<$300k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 77 | 77 | 84 | 803 | 523 | -35% |
| New Pendings | 72 | 57 | 72 | 724 | 493 | -32% |
| Closed Sales | 62 | 53 | 55 | 614 | 434 | -29% |
| Price/SF | $177 | $181 | $193 | $169 | $176 | 4% |
$300k-$600k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 189 | 168 | 201 | 1,564 | 1,292 | -17% |
| New Pendings | 159 | 154 | 138 | 1,246 | 1,086 | -13% |
| Closed Sales | 165 | 156 | 141 | 1,249 | 1,028 | -18% |
| Price/SF | $240 | $236 | $233 | $224 | $229 | 2% |
>$600k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 101 | 60 | 102 | 678 | 625 | -8% |
| New Pendings | 87 | 62 | 49 | 474 | 431 | -9% |
| Closed Sales | 94 | 156 | 54 | 510 | 439 | -14% |
| Price/SF | $306 | $273 | $332 | $287 | $299 | 4% |
Washtenaw Condo Summary
81
Aug New Listings
-10% from last month
68
New Pendings
-26% from last month
73
Closed Sales
-16% from last month
$228
Price Per SQ FT
-8% from last month
$320K
Avg. Sale Price
-5% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 91 | 90 | 81 | 920 | 777 | -16% |
| New Pendings | 87 | 92 | 68 | 745 | 672 | -10% |
| Closed Sales | 120 | 87 | 73 | 742 | 654 | -12% |
| Price/SF | $271 | $249 | $228 | $249 | $255 | 2% |
| Avg Price | $381,044 | $335,913 | $319,675 | $345,359 | $353,797 | 2% |
<$250k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 29 | 27 | 28 | 294 | 220 | -25% |
| New Pendings | 26 | 36 | 23 | 288 | 216 | -25% |
| Closed Sales | 31 | 26 | 27 | 252 | 199 | -21% |
| Price/SF | $204 | $227 | $190 | $185 | $194 | 5% |
$250k-$500k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 41 | 46 | 36 | 429 | 396 | -8% |
| New Pendings | 52 | 41 | 32 | 343 | 346 | 1% |
| Closed Sales | 67 | 49 | 38 | 375 | 341 | -9% |
| Price/SF | $231 | $236 | $225 | $233 | $233 | 0% |
>$500k
| Jun ’23 | Jul ’23 | Aug ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 21 | 17 | 17 | 197 | 161 | -18% |
| New Pendings | 9 | 15 | 13 | 114 | 110 | -4% |
| Closed Sales | 22 | 49 | 8 | 115 | 114 | -1% |
| Price/SF | $412 | $306 | $302 | $358 | $353 | -1% |
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