Southeast Michigan Housing Report October 2025
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SEMI 5-County Summary
6,989
Sep New Listings
+1% from last month
4,381
New Pendings
-6% from last month
4,324
Closed Sales
-6% from last month
$209
Price Per Sq. Ft.
-2% from last month
$349K
Avg. Sale Price
-4% from last month
All Price Ranges
| Jul ’25 | Aug ’25 | Sep ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 7,478 | 6,916 | 6,989 | 60,837 | 58,238 | -4% |
| New Pendings | 4,623 | 4,676 | 4,381 | 37,492 | 37,556 | 0% |
| Closed Sales | 4,773 | 4,604 | 4,324 | 35,956 | 35,658 | -1% |
| Price/SF | $214 | $214 | $209 | $199 | $207 | 4% |
| Avg Price | $360,504 | $363,300 | $349,028 | $325,170 | $341,726 | 5% |
<$200k
| Jul ’25 | Aug ’25 | Sep ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,210 | 2,245 | 2,267 | 21,591 | 18,801 | -13% |
| New Pendings | 1,308 | 1,311 | 1,388 | 12,438 | 11,265 | -9% |
| Closed Sales | 1,239 | 1,210 | 1,184 | 11,578 | 10,398 | -10% |
| Price/SF | $120 | $115 | $113 | $112 | $115 | 2% |
$200k to $400k
| Jul ’25 | Aug ’25 | Sep ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,992 | 2,735 | 2,790 | 22,758 | 22,586 | -1% |
| New Pendings | 2,001 | 2,049 | 1,842 | 15,832 | 16,107 | 2% |
| Closed Sales | 1,994 | 1,978 | 1,897 | 15,282 | 15,226 | 0% |
| Price/SF | $203 | $201 | $199 | $195 | $199 | 2% |
>$400k
| Jul ’25 | Aug ’25 | Sep ’25 | YTD ’24 | YTD ’25 | YTD (+/-) | |
| Listings Taken | 2,276 | 1,936 | 1,932 | 16,488 | 16,851 | 2% |
| New Pendings | 1,314 | 1,316 | 1,151 | 9,222 | 10,184 | 10% |
| Closed Sales | 1,540 | 1,416 | 1,243 | 9,096 | 10,034 | 10% |
| Price/SF | $256 | $262 | $257 | $251 | $256 | 2% |
