Washtenaw County Housing Report October 2023

Sep New Listings
-21% from last month
New Pendings
-5% from last month
Closed Sales
-5% from last month
Price Per SQ FT
-7% from last month
Avg Sale Price
-7% from last month
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 301 | 374 | 294 | 3,387 | 2,712 | -20% |
New Pendings | 269 | 257 | 245 | 2,707 | 2,249 | -17% |
Closed Sales | 277 | 255 | 242 | 2.661 | 2,149 | -19% |
Price/SF | $243 | $258 | $239 | $235 | $245 | 4% |
Avg Price | $481,177 | $496,306 | $459,154 | $460,608 | $484,834 | 5% |
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 78 | 84 | 71 | 918 | 595 | -35% |
New Pendings | 55 | 71 | 56 | 811 | 546 | -33% |
Closed Sales | 54 | 56 | 60 | 691 | 496 | -28% |
Price/SF | $182 | $192 | $174 | $169 | $176 | 4% |
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 165 | 199 | 151 | 1,714 | 1,437 | -16% |
New Pendings | 153 | 136 | 142 | 1,379 | ,1225 | -11% |
Closed Sales | 156 | 146 | 128 | 1,404 | 1,161 | -17% |
Price/SF | $236 | $233 | $229 | $224 | $229 | 2% |
Jul ’23 | Aug ’23 | Sep’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 58 | 91 | 72 | 755 | 680 | -10% |
New Pendings | 61 | 50 | 47 | 517 | 478 | -8% |
Closed Sales | 67 | 146 | 54 | 566 | 492 | -13% |
Price/SF | $273 | $332 | $287 | $286 | $298 | 4% |
Sep New Listings
+19% from last month
New Pendings
-4% from last month
Closed Sales
-19% from last month
Price Per SQ FT
+22% from last month
Avg. Sale Price
+20% from last month
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 90 | 81 | 96 | 1,020 | 873 | -14% |
New Pendings | 92 | 67 | 64 | 821 | 735 | -10% |
Closed Sales | 87 | 74 | 60 | 820 | 715 | -13% |
Price/SF | $249 | $230 | $280 | $247 | $257 | 4% |
Avg Price | $335,913 | $324,206 | $389,592 | $342,578 | $357,222 | 4% |
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 27 | 30 | 24 | 328 | 246 | -25% |
New Pendings | 36 | 22 | 22 | 319 | 237 | -26% |
Closed Sales | 26 | 28 | 17 | 283 | 217 | -23% |
Price/SF | $227 | $191 | $184 | $184 | $193 | 5% |
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 46 | 34 | 40 | 473 | 433 | -8% |
New Pendings | 41 | 31 | 26 | 375 | 371 | -1% |
Closed Sales | 49 | 37 | 24 | 411 | 364 | -11% |
Price/SF | $236 | $225 | $246 | $233 | $234 | 1% |
Jul ’23 | Aug ’23 | Sep ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
Listings Taken | 17 | 17 | 32 | 219 | 194 | -11% |
New Pendings | 15 | 14 | 16 | 127 | 127 | 0% |
Closed Sales | 12 | 37 | 19 | 126 | 134 | 6% |
Price/SF | $306 | $303 | $355 | $353 | $353 | 0% |
Shift Toward Cash Transactions
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Washtenaw Buyers Remain Determined Despite Challenges
< 1 minute Buyers continue to grapple with higher interest rates, prices, and taxes, in addition to facing depleted and picked-over inventory. Since the best new listings sell quickly, the remaining listings on [...]
A Tale of Contrast Amid Steady Growth
2 minutes As we move into the autumn season, the Washtenaw County real estate market presents an intriguing narrative. August’s data shows a surge of rising listings and sale prices against a [...]