Southeast Michigan May 2022
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4,456
Available Listings
+14% from last month
4,725
New Pendings
+6% from last month
13,659
YTD Closed Sales
-4% from last year
$293K
YTD Avg Sale Price
+7% from last year
$177
YTD Price Per Sq Ft
+12% from last year
5-County Activity Summary
Monthly Activity
| Listings | Change | New Pendings | Change | Months Supply | Change | |
| All | 4,456 | 14% | 4,725 | 6% | 0.9 | 8% |
| $10k - $150k | 1,534 | 7% | 1,064 | -3% | 1.4 | 10% |
| $150k - $250k | 707 | 14% | 1,335 | 6% | 0.5 | 8% |
| $250k - $500k | 1,141 | 19% | 1,708 | 11% | 0.7 | 7% |
| $500k+ | 1,074 | 20% | 618 | 9% | 1.7 | 10% |
YTD Closed Activity
| YTD Closed | 22 v 21 | 22 v 20 | $/SF | 22 v 21 | 22 v 20 | |
| All | 13,659 | -4% | 12% | $177 | 12% | 30% |
| $10k - $150k | 3,340 | -10% | -20% | $89 | 5% | 12% |
| $150k - $250k | 3,952 | -8% | 6% | $157 | 7% | 18% |
| $250k - $500k | 4,731 | -3% | 31% | $186 | 11% | 24% |
| $500k+ | 1,636 | 18% | 131% | $243 | 12% | 16% |
