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Southeast Michigan May 2022

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4,456

Available Listings
+14% from last month

4,725

New Pendings
+6% from last month

13,659

YTD Closed Sales
-4% from last year

$293K

YTD Avg Sale Price
+7% from last year

$177

YTD Price Per Sq Ft
+12% from last year

5-County Activity Summary

Monthly Activity

ListingsChangeNew PendingsChangeMonths SupplyChange
All4,45614%4,7256%0.98%
$10k - $150k1,5347%1,064-3%1.410%
$150k - $250k70714%1,3356%0.58%
$250k - $500k1,14119%1,70811%0.77%
$500k+1,07420%6189%1.710%

YTD Closed Activity

YTD Closed22 v 2122 v 20$/SF22 v 2122 v 20
All13,659-4%12%$17712%30%
$10k - $150k3,340-10%-20%$895%12%
$150k - $250k3,952-8%6%$1577%18%
$250k - $500k4,731-3%31%$18611%24%
$500k+1,63618%131%$24312%16%

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