Blog > Housing Report > Washtenaw County > Washtenaw County Housing Report August 2023

Washtenaw County Housing Report August 2023

Subscribe

Get the latest Michigan Housing Reports delivered straight to your inbox!

Select report(s) to receive:

Topics

Washtenaw Single-Family Summary

301

July New Listings
-18% from last month

267

New Pendings
-16% from last month

273

Closed Sales
-15% from last month

$245

Price Per SQ FT
-6% from last month

$484K

Avg Sale Price
-8% from last month

Washtenaw County Single Family Activity Summary

All Price Ranges

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken3653673012,6962,046-24%
New Pendings3193182672,1431,745-19%
Closed Sales3083212732,0391,648-19%
Price/SF$263$260$245$235$2444%
Avg Price$534,231$523,711$483,971$462,983$487,3015%

<$300k

May ’23Jun ’23July ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken627675727436-40%
New Pendings687257653421-36%
Closed Sales556251532377-29%
Price/SF$178$177$181$168$1744%

$300k-$600k

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken2031891641,3671,085-21%
New Pendings1801591501,079944-13%
Closed Sales1641651551,067886-17%
Price/SF$230$240$238$224$2292%

>$600k

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken10010262602525-13%
New Pendings718760411380-8%
Closed Sales899467440385-13%
Price/SF$324$305$273$286$2953%

Washtenaw Condo Summary

91

July New Listings
even with last month

96

New Pendings
+12% from last month

85

Closed Sales
-29% from last month

$248

Price Per SQ FT
-9% from last month

$337K

Avg. Sale Price
-12% from last month

Washtenaw County Condo Activity Summary

All Price Ranges

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken1289191819699-15%
New Pendings1088696673607-10%
Closed Sales10511985650578-11%
Price/SF$267$271$248$248$2584%
Avg Price$352,564$380,889$337,040$342,828$358,2554%

<$250k

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken362927262192-27%
New Pendings372536267192-28%
Closed Sales343125228171-25%
Price/SF$193$204$228$234$2340%

$250k-$500k

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken704148383364-5%
New Pendings5152443033175%
Closed Sales506648327301-8%
Price/SF$257$231$234$234$2340%

>$500k

May ’23Jun ’23Jul ’23YTD ’22YTD ’23YTD (+/-)
Listings Taken222116174143-18%
New Pendings2091610398-5%
Closed Sales2122129510612%
Price/SF$343$412$306$358$3570%

Reports by Area

Get our Michigan Housing Market Reports right in your inbox

Which report(s) would you like to receive?

Featured Stories

View all →

Washtenaw, Michigan: Over-Asking Offers Driving Up Prices

< 1 minute Buyer demand remains strong despite supply, interest rate, price and property tax challenges. Buyers continue to compete for listings with 69% of April closed sales at or above full asking [...]

Read More

Southeast, Michigan: Over-Asking Offers Driving Up Prices

< 1 minute Buyer demand remains strong despite supply, interest rate, price and property tax challenges. Buyers are actively competing for listings, with 64% of April’s closed sales at or above asking price. [...]

Read More

YTD Summary and What to Expect

< 1 minute Michigan’s NW market runs with a later cycle than the rest of the state. While downstate sales and prices will peak around June, closed sales and prices in the NW [...]

Read More

View all featured stories →