Blog > Housing Report > Washtenaw County > Washtenaw County September 2020
Washtenaw County September 2020
Topics
- Housing Reports
Subscribe
Get the latest Michigan Housing Reports delivered straight to your inbox!
Topics
668
Available Listings
-11% from last month
364
New Pendings
-5% from last month
2,150
YTD Closed Sales
-11% from last year
$360k
YTD Avg Sale Price
+3% from last year
$184
YTD Price Per Sq Ft
no change from last year
Summary
September showings are up 17%. Inventory continues to decline compared to last month and is down 30% from 2019. As is typical for the season, showings and new pendings are both declining. Compared to this time last year, recent showings have been up 17% but pendings have been down since early September. Following July’s record-high sales, August closed sales dropped. With fewer new pendings, expect September and October sales to also decline. YTD closed sales are down 11% but that gap continues to narrow. While YTD average sale price is up 4%, price per square foot is even among all price ranges, except the over-$300k range where it’s down 3%.
Get our Michigan Housing Market Reports right in your inbox
Featured Stories
Michigan Property Taxes in a Nutshell
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 [...]
’23 Market Summary and ’24 Predictions
< 1 minute After a few years of supply shortages, inventory began to return to more normal levels in the second half of 2023. Demand remains strong and buyers continue to wait for [...]
©2024 Max Broock. All rights reserved.