Southeast Michigan Housing Report November 2025
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SEMI 5-County Summary
5,583
Oct New Listings
-5% from last month
3,657
New Pendings
-1% from last month
3,724
Closed Sales
even with last month
$208
Price Per Sq. Ft.
-1% from last month
$348K
Avg. Sale Price
-3% from last month
All Price Ranges
| Aug ’25 | Sep ’25 | Oct ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 5,896 | 5,893 | 5,583 | 58,022 | 55,106 | -5% |
| New Pendings | 3,914 | 3,687 | 3,657 | 35,077 | 35,013 | 0% |
| Closed Sales | 3,893 | 3,731 | 3,724 | 33,961 | 33,759 | -1% |
| Price/SF | $216 | $209 | $208 | $200 | $208 | 4% |
| Avg Price | $377,280 | $358,404 | $347,880 | $335,072 | $352,510 | 5% |
<$200k
| Aug ’25 | Sep ’25 | Oct ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,944 | 1,976 | 1,866 | 20,888 | 18,169 | -13% |
| New Pendings | 1,081 | 1,130 | 1,179 | 11,615 | 10,413 | -10% |
| Closed Sales | 985 | 1,004 | 1,106 | 10,855 | 9,687 | -11% |
| Price/SF | $110 | $109 | $111 | $108 | $110 | 3% |
$200k to $400k
| Aug ’25 | Sep ’25 | Oct ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,230 | 2,248 | 2,153 | 20,562 | 20,344 | -1% |
| New Pendings | 1,658 | 1,507 | 1,522 | 14,208 | 14,543 | 2% |
| Closed Sales | 1,626 | 1,598 | 1,559 | 13,837 | 13,950 | 1% |
| Price/SF | $201 | $200 | $201 | $195 | $200 | 2% |
>$400k
| Aug ’25 | Sep ’25 | Oct ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 1,722 | 1,669 | 1,564 | 16,572 | 16,593 | 0% |
| New Pendings | 1,175 | 1,050 | 956 | 9,254 | 10,057 | 9% |
| Closed Sales | 1,282 | 1,129 | 1,059 | 9,269 | 10,122 | 9% |
| Price/SF | $261 | $256 | $258 | $249 | $255 | 2% |
