Blog > Housing Report > Washtenaw County > Washtenaw County September 2020
Washtenaw County September 2020

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Available Listings
-11% from last month
New Pendings
-5% from last month
YTD Closed Sales
-11% from last year
YTD Avg Sale Price
+3% from last year
YTD Price Per Sq Ft
no change from last year
September showings are up 17%. Inventory continues to decline compared to last month and is down 30% from 2019. As is typical for the season, showings and new pendings are both declining. Compared to this time last year, recent showings have been up 17% but pendings have been down since early September. Following July’s record-high sales, August closed sales dropped. With fewer new pendings, expect September and October sales to also decline. YTD closed sales are down 11% but that gap continues to narrow. While YTD average sale price is up 4%, price per square foot is even among all price ranges, except the over-$300k range where it’s down 3%.
Home Prices Projected to Appreciate
< 1 minute The recent rebound of home sales suggests the pandemic did not derail home buyers. Home price appreciation continues at a solid pace, reflecting fundamental strength in demand and the limited [...]
3 minutes The housing market continues to be a bright spot for the economy with increased interest from buyers for single family housing. If homes continue to sell at the current pace, [...]
Covid Rebound Update—SF and Condos
2 minutes Inventory The number of homes for sale has slowly declined since June and is down 25% since this time last year. Inventory shortages are more severe for single family homes [...]