Blog > Housing Report > Southeast Michigan > Southeast Michigan September 2022

Southeast Michigan September 2022

Subscribe

Get the latest Michigan Housing Reports delivered straight to your inbox!

Select report(s) to receive:

Topics

8,316

Available Listings
+1% from last month

5,668

New Pendings
-3% from last month

31,730

YTD Closed Sales
-7% from last year

$312K

YTD Avg Sale Price
+6% from last year

$184

YTD Price Per Sq Ft
+9% from last year

Monthly Activity

Monthly Activity

ListingsChangeNew PendingsChangeMonths SupplyChange
All8,3161%5,66817%1.5-14%
$10k - $150k2,4827%1,21329%2.0-17%
$150k - $250k1,5172%1,67119%0.9-15%
$250k - $500k2,545-4%2,15716%1.2-17%
$500k+1,772-2%627-1%2.8-1%

YTD Closed Activity

YTD Closed’22 v ’21’22 v ’20$/SF’22 v ’21’22 v ’20
All31,730-7%6%$1849%27%
$10k - $150k6,431-13%-26%$893%9%
$150k - $250k8,857-11%-2%$1606%15%
$250k - $500k12,044-6%19%$1899%23%
$500k+4,39810%104%$2428%16%

Get our Michigan Housing Market Reports right in your inbox

Which report(s) would you like to receive?

Featured Stories

View all →

Southeast Michigan Market Following Seasonal Trends

< 1 minute While interest rates have disrupted the market, most of the recent decline in activity is seasonal. Expect year-end activity and prices to decline slightly faster than in recent years, but [...]

Read More

Market Predictions for the Balance of 2022

< 1 minute The 2022 Southeast Michigan market activity continues to follow a similar path to last year. The chart of weekly new under contract sales provides a great point of reference for [...]

Read More

Interest Rate Challenges + Opportunities for Southeast Michigan

2 minutes The past few years have seen dramatic market shifts with extraordinarily low supplies combined with high demand, which became extreme when the pandemic instantly changed our housing needs by having [...]

Read More

View all featured stories →