Washtenaw County Housing Report February 2024
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Washtenaw Single-Family Summary
181
Jan New Listings
+36% from last month
132
New Pendings
-11% from last month
119
Closed Sales
-15% from last month
$243
Price Per SQ FT
+5% from last month
$466K
Avg Sale Price
+8% from last month
Washtenaw County Single-Family Activity Summary
All Price Ranges
| Nov ’23 | Dec ’23 | Jan ’23 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 201 | 133 | 181 | 189 | 181 | -4% |
| New Pendings | 213 | 148 | 132 | 180 | 132 | -27% |
| Closed Sales | 220 | 140 | 119 | 146 | 119 | -18% |
| Price/SF | $241 | $232 | $243 | $204 | $243 | 19% |
| Avg Price | $455,205 | $429,451 | $465,530 | $367,956 | $465,530 | 27% |
<$300k
| Nov ’23 | Dec ’23 | Jan ’23 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 55 | 36 | 37 | 48 | 37 | -23% |
| New Pendings | 53 | 40 | 38 | 68 | 38 | -44% |
| Closed Sales | 54 | 35 | 30 | 57 | 30 | -47% |
| Price/SF | $167 | $179 | $175 | $166 | $175 | 5% |
$300k-$600k
| NOv ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 107 | 79 | 112 | 100 | 112 | 12% |
| New Pendings | 112 | 78 | 78 | 93 | 78 | -16% |
| Closed Sales | 115 | 80 | 67 | 78 | 67 | -14% |
| Price/SF | $227 | $228 | $230 | $205 | $230 | 12% |
>$600k
| Nov ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 39 | 18 | 32 | 41 | 32 | -22% |
| New Pendings | 48 | 30 | 16 | 19 | 16 | -16% |
| Closed Sales | 51 | 25 | 22 | 11 | 22 | 100% |
| Price/SF | $298 | $266 | $300 | $283 | $300 | 6% |
Washtenaw Condo Summary
63
Nov New Listings
+37% from last month
38
New Pendings
-24% from last month
35
Closed Sales
-42% from last month
$248
Price Per SQ FT
even with last month
$343K
Avg. Sale Price
-1% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| Nov ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 75 | 46 | 63 | 60 | 63 | 5% |
| New Pendings | 87 | 50 | 38 | 53 | 38 | -28% |
| Closed Sales | 55 | 60 | 35 | 41 | 35 | -15% |
| Price/SF | $240 | $248 | $248 | $244 | $248 | 2% |
| Avg Price | $309,813 | $347,202 | $342,924 | $339,771 | $342,924 | 1% |
<$250k
| Nov ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 25 | 15 | 18 | 12 | 18 | 50% |
| New Pendings | 27 | 17 | 9 | 17 | 9 | -47% |
| Closed Sales | 23 | 16 | 13 | 16 | 13 | -19% |
| Price/SF | $203 | $181 | $193 | $181 | $193 | 7% |
$250k-$500k
| Nov ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 29 | 17 | 33 | 32 | 33 | 3% |
| New Pendings | 39 | 24 | 19 | 31 | 19 | -39% |
| Closed Sales | 28 | 32 | 17 | 19 | 17 | -11% |
| Price/SF | $234 | $236 | $235 | $216 | $235 | 9% |
>$500k
| Nov ’23 | Dec ’23 | Jan ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 21 | 14 | 12 | 16 | 12 | -25% |
| New Pendings | 21 | 9 | 10 | 5 | 10 | 100% |
| Closed Sales | 4 | 12 | 5 | 6 | 5 | -17% |
| Price/SF | $349 | $308 | $334 | $382 | $334 | -12% |
