Southeast Michigan Housing Report June 2026
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SEMI 5-County Summary

May New Listings
+3% from last month

New Pendings
+14% from last month

Closed Sales
+13% from last month

Price Per Sq. Ft.
+3% from last month

Avg. Sale Price
+6% from last month
All Price Ranges
| Mar ’26 | Apr ’26 | May ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 4,919 | 5,888 | 6,088 | 25,703 | 24,159 | -6% |
| New Pendings | 3,393 | 3,690 | 4,215 | 15,705 | 16,168 | 3% |
| Closed Sales | 2,678 | 3,173 | 3,594 | 14,408 | 13,983 | -3% |
| Price/SF | $210 | $214 | $221 | $201 | $207 | 3% |
| Avg Price | $349,252 | $357,945 | $380,886 | $333,772 | $348,005 | 4% |
<$200k
| Mar ’26 | Apr ’26 | May ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,675 | 1,737 | 1,604 | 8,896 | 7,779 | -13% |
| New Pendings | 973 | 1,041 | 1,077 | 4,906 | 4,807 | -2% |
| Closed Sales | 828 | 875 | 848 | 4,605 | 4,160 | -10% |
| Price/SF | $109 | $109 | $111 | $109 | $106 | -3% |
$200k to $400k
| Mar ’26 | Apr ’26 | May ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,816 | 2,209 | 2,283 | 9,143 | 8,897 | -3% |
| New Pendings | 1,.396 | 1,539 | 1,757 | 6,500 | 6,667 | 3% |
| Closed Sales | 1,102 | 1,317 | 1,494 | 5,899 | 5,706 | -3% |
| Price/SF | $199 | $204 | $208 | $197 | $202 | 2% |
>$400k
| Mar ’26 | Apr ’26 | May ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,428 | 1,942 | 2,201 | 7,664 | 7,483 | -2% |
| New Pendings | 994 | 1,110 | 1,381 | 4,299 | 4,694 | 9% |
| Closed Sales | 748 | 981 | 1,252 | 3,904 | 4,117 | 5% |
| Price/SF | $267 | $263 | $263 | $252 | $258 | 3% |
Market Rewards Well-Prepared Listings
< 1 minute
The Southeast Michigan housing market continues to settle into a healthier, more balanced pattern. Buyer activity remains strong, with new pendings rising 3% year-to-date despite new listings trailing last year [...]
Inventory Builds as Spring Market Takes Shape
< 1 minute
The Southeast Michigan housing market is moving into spring with many of the trends from earlier in the year still in place, now forming a clearer pattern. Compared to recent [...]
Growing Inventory Despite Fewer New Listings
2 minutes
Inventory continues to rise, even as fewer new listings are coming to market. Active listings are up 21% compared to a year ago, increasing from 5,300 to 6,500. At the [...]