Washtenaw County Housing Report August 2023
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Washtenaw Single-Family Summary
301
July New Listings
-18% from last month
267
New Pendings
-16% from last month
273
Closed Sales
-15% from last month
$245
Price Per SQ FT
-6% from last month
$484K
Avg Sale Price
-8% from last month
Washtenaw County Single Family Activity Summary
All Price Ranges
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 365 | 367 | 301 | 2,696 | 2,046 | -24% |
| New Pendings | 319 | 318 | 267 | 2,143 | 1,745 | -19% |
| Closed Sales | 308 | 321 | 273 | 2,039 | 1,648 | -19% |
| Price/SF | $263 | $260 | $245 | $235 | $244 | 4% |
| Avg Price | $534,231 | $523,711 | $483,971 | $462,983 | $487,301 | 5% |
<$300k
| May ’23 | Jun ’23 | July ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 62 | 76 | 75 | 727 | 436 | -40% |
| New Pendings | 68 | 72 | 57 | 653 | 421 | -36% |
| Closed Sales | 55 | 62 | 51 | 532 | 377 | -29% |
| Price/SF | $178 | $177 | $181 | $168 | $174 | 4% |
$300k-$600k
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 203 | 189 | 164 | 1,367 | 1,085 | -21% |
| New Pendings | 180 | 159 | 150 | 1,079 | 944 | -13% |
| Closed Sales | 164 | 165 | 155 | 1,067 | 886 | -17% |
| Price/SF | $230 | $240 | $238 | $224 | $229 | 2% |
>$600k
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 100 | 102 | 62 | 602 | 525 | -13% |
| New Pendings | 71 | 87 | 60 | 411 | 380 | -8% |
| Closed Sales | 89 | 94 | 67 | 440 | 385 | -13% |
| Price/SF | $324 | $305 | $273 | $286 | $295 | 3% |
Washtenaw Condo Summary
91
July New Listings
even with last month
96
New Pendings
+12% from last month
85
Closed Sales
-29% from last month
$248
Price Per SQ FT
-9% from last month
$337K
Avg. Sale Price
-12% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 128 | 91 | 91 | 819 | 699 | -15% |
| New Pendings | 108 | 86 | 96 | 673 | 607 | -10% |
| Closed Sales | 105 | 119 | 85 | 650 | 578 | -11% |
| Price/SF | $267 | $271 | $248 | $248 | $258 | 4% |
| Avg Price | $352,564 | $380,889 | $337,040 | $342,828 | $358,255 | 4% |
<$250k
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 36 | 29 | 27 | 262 | 192 | -27% |
| New Pendings | 37 | 25 | 36 | 267 | 192 | -28% |
| Closed Sales | 34 | 31 | 25 | 228 | 171 | -25% |
| Price/SF | $193 | $204 | $228 | $234 | $234 | 0% |
$250k-$500k
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 70 | 41 | 48 | 383 | 364 | -5% |
| New Pendings | 51 | 52 | 44 | 303 | 317 | 5% |
| Closed Sales | 50 | 66 | 48 | 327 | 301 | -8% |
| Price/SF | $257 | $231 | $234 | $234 | $234 | 0% |
>$500k
| May ’23 | Jun ’23 | Jul ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 22 | 21 | 16 | 174 | 143 | -18% |
| New Pendings | 20 | 9 | 16 | 103 | 98 | -5% |
| Closed Sales | 21 | 22 | 12 | 95 | 106 | 12% |
| Price/SF | $343 | $412 | $306 | $358 | $357 | 0% |
