To begin this real estate update, we will focus on southeastern Michigan, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne. In this region, home prices continue to rise as the year-over-year median sales price increased the most in Wayne County by 14.1% to $154,000. The next highest year-over-year median sales price increase is followed by Macomb County, which saw prices go up by 10.8% to $203,000. Year-over-year closed sales have increased in three out of the six counties, which include Livingston (2.8%), Oakland (2.2%) and St. Clair (4.6%). For the third month in a row, the county that was impacted the least regarding year-over-year new listings was Washtenaw County, which saw new listings fall -8.2% totaling 4,660. Year-over-year pending sales again for the second month in a row increased across all six counties.
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