Southeast Michigan Housing Report September 2025
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SEMI 5-County Summary
5,821
Aug New Listings
-7% from last month
3,922
New Pendings
even with last month
3,838
Closed Sales
-5% from last month
$216
Price Per Sq. Ft.
even with last month
$378K
Avg. Sale Price
+1% from last month
All Price Ranges
| Jun ’25 | Jul ’25 | Aug ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 6,206 | 6,266 | 5,821 | 45,200 | 42,599 | -6% |
| New Pendings | 4,142 | 3,937 | 3,922 | 28,057 | 27,836 | -1% |
| Closed Sales | 3,949 | 4,054 | 3,838 | 26,633 | 26,248 | -1% |
| Price/SF | $216 | $216 | $216 | $199 | $208 | 4% |
| Avg Price | $371,758 | $375,395 | $378,350 | $334,316 | $352,363 | 5% |
<$200k
| Jun ’25 | Jul ’25 | Aug ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,804 | 1,873 | 1,893 | 16,445 | 13,865 | -16% |
| New Pendings | 1,054 | 1,098 | 1,111 | 9,301 | 8,226 | -12% |
| Closed Sales | 996 | 991 | 964 | 8,566 | 7,556 | -12% |
| Price/SF | $113 | $116 | $110 | $107 | $111 | 3% |
$200k to $400k
| Jun ’25 | Jul ’25 | Aug ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,297 | 2,369 | 2,201 | 15,851 | 15,647 | -1% |
| New Pendings | 1,706 | 1,668 | 1,647 | 11,332 | 11,550 | 2% |
| Closed Sales | 1,622 | 1,646 | 1,606 | 10,839 | 10,773 | -1% |
| Price/SF | $205 | $204 | $201 | $195 | $200 | 2% |
>$400k
| Jun ’25 | Jul ’25 | Aug ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,105 | 2,024 | 1,727 | 12,904 | 13,087 | 1% |
| New Pendings | 1,382 | 1,186 | 1,164 | 7,424 | 8,060 | 9% |
| Closed Sales | 1,331 | 1,417 | 1,268 | 7,228 | 7,919 | 10% |
| Price/SF | $256 | $255 | $261 | $249 | $255 | 2% |
