Southeast Michigan Housing Report August 2025
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SEMI 5-County Summary
6,265
July New Listings
+2% from last month
3,941
New Pendings
-6% from last month
3,961
Closed Sales
even with last month
$216
Price Per Sq. Ft.
even with last month
$377K
Avg. Sale Price
+1% from last month
All Price Ranges
| May ’25 | Jun ’25 | Jul ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 6,153 | 6,151 | 6,265 | 38,517 | 36,423 | -5% |
| New Pendings | 4,030 | 4,201 | 3,941 | 24,177 | 24,055 | -1% |
| Closed Sales | 3,712 | 3,950 | 3,961 | 22,781 | 22,317 | -2% |
| Price/SF | $211 | $216 | $216 | $198 | $207 | 4% |
| Avg Price | $358,827 | $371,851 | $376,640 | $331,200 | $347,952 | 5% |
<$250k
| May ’25 | Jun ’25 | Jul ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,453 | 2,387 | 2,520 | 18,169 | 15,683 | -14% |
| New Pendings | 1,615 | 1,558 | 1,579 | 11,013 | 10,132 | -8% |
| Closed Sales | 1,440 | 1,468 | 1,392 | 10,273 | 9,279 | -10% |
| Price/SF | $136 | $138 | $138 | $128 | $133 | 4% |
$250k to $400k
| May ’25 | Jun ’25 | Jul ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,606 | 1,662 | 1,687 | 9,406 | 9,420 | 0% |
| New Pendings | 1,202 | 1,249 | 1,196 | 6,802 | 7,025 | 3% |
| Closed Sales | 1,100 | 1,150 | 1,180 | 6,404 | 6,415 | 0% |
| Price/SF | $206 | $211 | $209 | $200 | $205 | 3% |
>$400k
| May ’25 | Jun ’25 | Jul ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,094 | 2,102 | 2,058 | 10,942 | 11,320 | 3% |
| New Pendings | 1,213 | 1,394 | 1,166 | 6,362 | 6,898 | 8% |
| Closed Sales | 1,172 | 1,332 | 1,389 | 6,104 | 6,623 | 9% |
| Price/SF | $256 | $256 | $255 | $248 | $253 | 2% |
