Southeast Michigan Housing Report April 2026
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SEMI 5-County Summary

Mar New Listings
+39% from last month

New Pendings
+36% from last month

Closed Sales
+11% from last month

Price Per Sq. Ft.
+10% from last month

Avg. Sale Price
+12% from last month
All Price Ranges
| Jan ’26 | Feb ’26 | Mar ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 3,577 | 3,471 | 4,828 | 12,849 | 11,876 | -8% |
| New Pendings | 2,492 | 2,496 | 3,394 | 8,234 | 8,382 | 2% |
| Closed Sales | 2,193 | 2,346 | 2,609 | 7,554 | 7,148 | -5% |
| Price/SF | $189 | $191 | $210 | $193 | $198 | 2% |
| Avg Price | $315,436 | $313,105 | $351,770 | $312,795 | $327,933 | 5% |
<$200k
| Jan ’26 | Feb ’26 | Mar ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,369 | 1,290 | 1,611 | 4,963 | 4,270 | -14% |
| New Pendings | 905 | 867 | 1,015 | 2,830 | 2,787 | -2% |
| Closed Sales | 787 | 823 | 802 | 2,647 | 2,412 | -9% |
| Price/SF | $102 | $98 | $109 | $107 | $103 | -4% |
$200k to $400k
| Jan ’26 | Feb ’26 | Mar ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,266 | 1,251 | 1,785 | 4,454 | 4,302 | -3% |
| New Pendings | 985 | 1,023 | 1,395 | 3,349 | 3,403 | 2% |
| Closed Sales | 849 | 944 | 1,067 | 3,099 | 2,860 | -8% |
| Price/SF | $194 | $198 | $200 | $194 | $197 | 2% |
>$400k
| Jan ’26 | Feb ’26 | Mar ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 942 | 930 | 1,432 | 3,432 | 3,304 | -4% |
| New Pendings | 602 | 606 | 984 | 2,055 | 2,192 | 7% |
| Closed Sales | 557 | 579 | 740 | 1,808 | 1,876 | 4% |
| Price/SF | $240 | $247 | $267 | $246 | $253 | 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 [...]