Southeast Michigan Housing Report June 2025
Blog Search
Subscribe
Get the latest Michigan Housing Reports delivered straight to your inbox!
SEMI 5-County Summary
6,078
May New Listings
+10% from last month
4,087
New Pendings
+13% from last month
3,675
Closed Sales
+17% from last month
$211
Price Per Sq. Ft.
+2% from last month
$360K
Avg. Sale Price
+2% from last month
All Price Ranges
| Mar ’25 | Apr ’25 | May ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 4,708 | 5,516 | 6,078 | 25,270 | 23,462 | -7% |
| New Pendings | 3,205 | 3,625 | 4,087 | 16,368 | 16,070 | -2% |
| Closed Sales | 2,699 | 3,140 | 3,675 | 15,006 | 14,368 | -4% |
| Price/SF | $195 | $208 | $211 | $193 | $201 | 4% |
| Avg Price | $315,639 | $353,425 | $360,069 | $317,568 | $333,759 | 5% |
<$200k
| Mar ’25 | Apr ’25 | Mar ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,663 | 1,703 | 1,733 | 9,753 | 7,894 | -19% |
| New Pendings | 1,088 | 1,055 | 1,174 | 5,769 | 5,127 | -11% |
| Closed Sales | 924 | 953 | 987 | 5,248 | 4,587 | -13% |
| Price/SF | $106 | $110 | $114 | $105 | $109 | 4% |
$200k to $400k
| Mar ’25 | Apr ’25 | May ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,652 | 2,070 | 2,264 | 8,700 | 8,522 | -2% |
| New Pendings | 1,243 | 1,504 | 1,700 | 6,545 | 6,595 | 1% |
| Closed Sales | 1,087 | 1,265 | 1,520 | 6,053 | 5,884 | -3% |
| Price/SF | $197 | $200 | $201 | $192 | $197 | 3% |
>$400k
| Mar ’25 | Apr ’25 | May ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,393 | 1,743 | 2,081 | 6,817 | 7,046 | 3% |
| New Pendings | 874 | 1,066 | 1,213 | 4,054 | 4,348 | 7% |
| Closed Sales | 688 | 922 | 1,168 | 3,705 | 3,897 | 5% |
| Price/SF | $246 | $258 | $256 | $247 | $252 | 2% |
