HOUSING STATS FOR SE MICHIGAN

Dated: 01/25/2016

Views: 392

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HOME SWEET HOME SALES IN 2015 10.5% increase in MLS Median Sale Price, 5.2% increase in units sold for the year

YEAR-END SUMMARY BY JURISDICTION – YTD Average Median Sale Price

Area

2015

2014

Percent Change

ALL MLS

$145,229 

$131,418

10.5%

City of Detroit

  $ 20,840

$15,011

38.8%

Dearborn/Dearborn Hts.

 $102,206

$93,696

9.1%

Genesee

 $105,310

$88,103

19.5%

Grosse Pointe Area

 $248,154

$244,450

1.5%

Lapeer

 $139,213

$125,384

11.0%

Livingston

 $210,393

$198,756

5.9%

Macomb

 $132,820

$122,038

8.8%

Metro Detroit

 $149,177

$134,804

10.6%

Oakland

 $197,596

$184,142

7.3%

St. Clair

 $122,706

$108,439

13.2%

Wayne

 $102,129

$82,833

23.3%

Greater Wayne

 $117,958

$105,296

12.0%

 


YEAR-END SUMMARY BY JURISDICTION – YTD Total Average Days on Market (DOM)

Area

2015

2014

Difference in Days

ALL MLS

50.3

49.7

0.6

City of Detroit

53.6

52.4

1.2

Dearborn/Dearborn Hts.

44.8

43.6

1.2

Genesee

69

74.7

-5.7

Grosse Pointe Area

60.1

53.5

6.6

Lapeer

76.3

74

2.3

Livingston

58.3

62

-3.7

Macomb

42.1

39.9

2.2

Metro Detroit

44.5

43.2

1.3

Oakland

43.7

40.3

3.4

St. Clair

73.3

68.8

4.5

Wayne

45

45.3

-0.3

Greater Wayne

43.1

43.3

-0.2

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Don Egypt

Don Egypt is a professional Realtor with years of experience representing purchasers, sellers, institutions and investors. His knowledge and extensive experience in residential, new construction, luxu....

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