Numbers are in from sales in South-East Michigan from January.
To begin this real estate update, we will focus on southeastern Michigan, specifically the counties of Oakland, 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 36.4% to $149,900. The next highest year-over-year median sales price increase is followed by Oakland County, which saw prices go up by 15.2% to $264,900. Year-over-year closed sales have increased in three out of the six counties, which include Macomb (200%), St. Clair (13.7%) and Washtenaw (2.87%). For the fourth 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 -15.9% totaling 254.
Oakland County – Single Family Homes
Washtenaw County – Single Family Homes
Wayne County – Single Family Homes