Washtenaw County Housing Report June 2024
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Washtenaw Single-Family Summary
406
May New Listings
+12% from last month
210
New Pendings
-18% from last month
274
Closed Sales
+24% from last month
$279
Price Per SQ FT
+2% from last month
$544K
Avg Sale Price
+4% from last month
Washtenaw County Single-Family Activity Summary
All Price Ranges
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 251 | 363 | 406 | 1,379 | 1,447 | 5% |
| New Pendings | 237 | 257 | 210 | 1,159 | 1,043 | -10% |
| Closed Sales | 185 | 221 | 274 | 1,057 | 962 | -9% |
| Price/SF | $255 | $273 | $279 | $239 | $261 | 9% |
| Avg Price | $477,296 | $521,363 | \4544,386 | $476,917 | $499,353 | 5% |
<$300k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 50 | 52 | 67 | 285 | 261 | -8% |
| New Pendings | 57 | 49 | 48 | 291 | 237 | -19% |
| Closed Sales | 43 | 46 | 49 | 265 | 208 | -22% |
| Price/SF | $169 | $184 | $195 | $172 | $180 | 4% |
$300k-$600k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 130 | 177 | 215 | 734 | 765 | 4% |
| New Pendings | 119 | 137 | 104 | 634 | 557 | -12% |
| Closed Sales | 99 | 111 | 144 | 567 | 517 | -9% |
| Price/SF | $241 | $252 | $253 | $223 | $242 | 8% |
>$600k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 71 | 134 | 124 | 360 | 421 | 17% |
| New Pendings | 61 | 71 | 58 | 234 | 249 | 6% |
| Closed Sales | 43 | 64 | 81 | 225 | 237 | 5% |
| Price/SF | $320 | $323 | $328 | $297 | $317 | 7% |
Washtenaw Condo Summary
115
May New Listings
-12% from last month
79
New Pendings
-28% from last month
114
Closed Sales
+9% from last month
$279
Price Per SQ FT
even with last month
$401K
Avg. Sale Price
+2% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 95 | 131 | 115 | 515 | 481 | -7% |
| New Pendings | 91 | 110 | 79 | 424 | 385 | -9% |
| Closed Sales | 62 | 105 | 114 | 373 | 365 | -2% |
| Price/SF | $301 | $279 | $279 | $256 | $275 | 7% |
| Avg Price | $411,132 | $393,491 | $401,174 | $355,810 | $384,288 | 8% |
<$250k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 30 | 23 | 24 | 136 | 111 | -18% |
| New Pendings | 28 | 16 | 20 | 131 | 94 | -28% |
| Closed Sales | 16 | 26 | 21 | 115 | 92 | -20% |
| Price/SF | $243 | $188 | $250 | $186 | $211 | 14% |
$250k-$500k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 50 | 82 | 72 | 272 | 266 | -2% |
| New Pendings | 46 | 63 | 47 | 221 | 204 | -8% |
| Closed Sales | 26 | 50 | 71 | 186 | 192 | 3% |
| Price/SF | $252 | $258 | $255 | $236 | $250 | 6% |
>$500k
| Mar ’24 | Apr ’24 | May ’24 | YTD ’23 | YTD ’24 | YTD (+/-) | |
| Listings Taken | 15 | 26 | 19 | 107 | 104 | -3% |
| New Pendings | 17 | 31 | 12 | 72 | 87 | 21% |
| Closed Sales | 20 | 29 | 22 | 72 | 81 | 13% |
| Price/SF | $364 | $347 | $345 | $350 | $349 | 0% |
