Southeast Michigan Housing Report July 2025
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SEMI 5-County Summary
6,129
June New Listings
even with last month
4,202
New Pendings
+3% from last month
3,906
Closed Sales
+5% from last month
$216
Price Per Sq. Ft.
+2% from last month
$372K
Avg. Sale Price
+4% from last month
All Price Ranges
| Apr ’25 | May ’25 | Jun ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 5,609 | 6,107 | 6,129 | 31,689 | 29,915 | -6% |
| New Pendings | 3,600 | 4,069 | 4,202 | 20,455 | 20,189 | -1% |
| Closed Sales | 3,140 | 3,712 | 3,906 | 18,718 | 18,312 | -2% |
| Price/SF | $208 | $211 | $216 | $195 | $204 | 5% |
| Avg Price | $353,425 | $358,827 | $372,008 | $323,778 | $341,723 | 6% |
<$250k
| Apr ’25 | May ’25 | Jun ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,351 | 2,429 | 2,366 | 15,177 | 13,027 | -14% |
| New Pendings | 1,484 | 1,647 | 1,587 | 9,507 | 8,640 | -9% |
| Closed Sales | 1,334 | 1,440 | 1,451 | 8,695 | 7,870 | -9% |
| Price/SF | $131 | $136 | $138 | $127 | $132 | 4% |
$250k to $400k
| Apr ’25 | May ’25 | Jun ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,497 | 1,602 | 1,653 | 7,638 | 7,679 | 1% |
| New Pendings | 1,053 | 1,205 | 1,239 | 5,677 | 5,827 | 3% |
| Closed Sales | 884 | 1,100 | 1,137 | 5,198 | 5,222 | 0% |
| Price/SF | $206 | $206 | $211 | $199 | $205 | 3% |
>$400k
| Apr ’25 | May ’25 | Jun ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,761 | 2,076 | 2,110 | 8,874 | 9,209 | 4% |
| New Pendings | 1,063 | 1,217 | 1,376 | 5,271 | 5,722 | 9% |
| Closed Sales | 922 | 1,172 | 1,318 | 4,825 | 5,220 | 8% |
| Price/SF | $258 | $256 | $256 | $248 | $253 | 2% |
