Blog > Housing Report > Washtenaw County > Washtenaw County May 2022
Washtenaw County May 2022
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Single Family Summary
254
Available Homes
+12% from last month
295
New Pendings
+7% from last month
895
YTD Closed Sales
-13% from last year
$443K
YTD Avg Sale Price
+12% from last year
$224
YTD Price Per SQ Ft
+18% from last year
Washtenaw County Single Family Activity Summary
Monthly Activity
| Listings | Change | New Pendings | Change | Months Supply | Change | |
| All | 254 | 12% | 295 | 7% | 0.9 | 4% |
| $10k - $250k | 37 | -12% | 55 | -15% | 0.7 | 4% |
| $250k - $400k | 52 | 30% | 97 | 5% | 0.5 | 23% |
| $400k - $600k | 65 | 30% | 79 | 11% | 0.8 | 17% |
| $600k+ | 100 | 5% | 64 | 36% | 1.6 | -23% |
YTD Closed Activity
| YTD Closed | 22 v 21 | 22 v 20 | $/SF | 22 v 21 | 22 v 20 | |
| All | 895 | -13% | 9% | $224 | 11% | 28% |
| $10k - $250k | 199 | -23% | -31% | $151 | 5% | 13% |
| $250k - $400k | 278 | -26% | -7% | $192 | 6% | 10% |
| $400k - $600k | 239 | -17% | 45% | $229 | 11% | 23% |
| $600k+ | 179 | 61% | 149% | $279 | 1% | 24% |
Condo Summary
96
Available Condos
-4% from last month
103
New Pendings
-17% from last month
323
YTD Closed Sales
-6% from last year
$320K
YTD Avg Sales Price
+11% from last year
$229
YTD Price Per SQ FT
+10% from last year
Washtenaw County Condos Activity Summary
Monthly Activity
| Listings | Change | New Pendings | Change | Months Supply | Change | |
| All | 96 | -4% | 103 | -17% | 0.9 | 16% |
| $10k - $200k | 1 | 0% | 13 | -58% | 0.1 | 138% |
| $200k - $350k | 24 | -23% | 53 | 4% | 0.5 | -26% |
| $350k - $500k | 32 | 0% | 16 | -36% | 2.0 | 56% |
| $500k+ | 39 | 8% | 21 | 24% | 1.9 | -12% |
YTD Closed Activity
| YTD Closed | 22 v 21 | 22 v 20 | $/SF | 22 v 21 | 22 v 20 | |
| All | 323 | -6% | 32% | $229 | 10% | 14% |
| $10k-$200k | 70 | -29% | -21% | $159 | 3% | 10% |
| $200k - $350k | 142 | -12% | 29% | $208 | 9% | 11% |
| $350k - $500k | 70 | 40% | 159% | $240 | 6% | -4% |
| $500k+ | 41 | 17% | 116% | $315 | 1% | -9% |
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Featured Stories
< 1 minute The pandemic-induced run-on home purchases is fading, but across all price ranges, the best move-in-ready properties are still selling at or over-asking and quickly. At the same time, average and [...]
Market Predictions for the Balance of 2022
< 1 minute The 2022 Washtenaw County 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 [...]
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