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Southeast Michigan August 2022

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8,253

Available Listings
+15% from last month

4,838

New Pendings
-3% from last month

26,983

YTD Closed Sales
-7% from last year

$310K

YTD Avg Sale Price
+6% from last year

$183

YTD Price Per Sq Ft
+10% from last year

Monthly Activity

Monthly Activity

ListingsChangeNew PendingsChangeMonths SupplyChange
All8,25315%4,838-3%1.718%
$10k - $150k2,31214%9414%2.59%
$150k - $250k1,48723%1,3990%1.123%
$250k - $500k2,64719%1,863-6%1.426%
$500k+1,8075%635-9%2.815%

YTD Closed Activity

YTD Closed’22 v ’21’22 v ’20$/SF’22 v ’21’22 v ’20
All26,983-7%11%$18310%28%
$10k - $150k5,605-13%-23%$893%10%
$150k - $250k7,534-11%1%$1596%16%
$250k - $500k10,135-5%27%$19010%23%
$500k+3,70910%124%$2429%17%

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