Washtenaw County Housing Report May 2023
Washtenaw Single-Family Summary
336
Apr. New Listings
+13% from last month
286
New Pendings
+37% from last month
235
Closed Sales
+18% from last month
$247
Price Per SQ FT
+7% from last month
$521K
Avg Sale Price
+13% from last month
Washtenaw County Single Family Activity Summary
All Price Ranges
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 193 | 297 | 336 | 1,234 | 1,015 | -18% |
| New Pendings | 171 | 209 | 286 | 1,014 | 845 | -17% |
| Closed Sales | 166 | 199 | 235 | 902 | 744 | -18% |
| Price/SF | $221 | $231 | $247 | $225 | $229 | 2% |
| Avg Price | $422,680 | $461,030 | $520.959 | $445,834 | $453,161 | 2% |
<$300k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 41 | 53 | 78 | 357 | 220 | -38% |
| New Pendings | 48 | 50 | 58 | 334 | 224 | -33% |
| Closed Sales | 56 | 54 | 42 | 283 | 209 | -26% |
| Price/SF | $177 | $171 | $170 | $161 | $171 | 6% |
$300k-$600k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 105 | 146 | 182 | 620 | 533 | -14% |
| New Pendings | 88 | 117 | 160 | 486 | 457 | -6% |
| Closed Sales | 87 | 104 | 133 | 438 | 400 | -9% |
| Price/SF | $216 | $221 | $232 | $216 | $220 | 2% |
>$600k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 47 | 98 | 76 | 257 | 262 | 2% |
| New Pendings | 35 | 42 | 68 | 194 | 164 | -15% |
| Closed Sales | 23 | 41 | 60 | 181 | 135 | -25 |
| Price/SF | $271 | $277 | $288 | $280 | $281 | 1% |
Washtenaw Condo Summary
137
Apr. New Listings
+20% from last month
108
New Pendings
+5% from last month
94
Closed Sales
+9% from last month
$246
Price Per SQ FT
-9% from last month
$339K
Avg. Sale Price
-15% from last month
Washtenaw County Condo Activity Summary
All Price Ranges
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 76 | 114 | 137 | 437 | 387 | -11% |
| New Pendings | 52 | 103 | 108 | 369 | 317 | -14% |
| Closed Sales | 46 | 86 | 94 | 330 | 268 | -19% |
| Price/SF | $234 | $270 | $246 | $230 | $251 | 9% |
| Avg Price | $335,790 | $396,226 | $338,677 | $321,649 | $356,970 | 11% |
<$250k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 25 | 28 | 35 | 145 | 100 | -31% |
| New Pendings | 13 | 31 | 33 | 156 | 94 | -40% |
| Closed Sales | 12 | 26 | 27 | 130 | 81 | -38% |
| Price/SF | $207 | $171 | $187 | $176 | $183 | 4% |
$250k-$500k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 32 | 63 | 77 | 200 | 204 | 2% |
| New Pendings | 27 | 52 | 60 | 160 | 171 | 7% |
| Closed Sales | 26 | 39 | 51 | 157 | 136 | -13% |
| Price/SF | $210 | $238 | $233 | $228 | $227 | -1% |
>$500k
| Feb ’23 | Mar ’23 | Apr ’23 | YTD ’22 | YTD ’23 | YTD (+/-) | |
| Listings Taken | 19 | 23 | 25 | 92 | 83 | -10% |
| New Pendings | 12 | 20 | 15 | 53 | 52 | -2% |
| Closed Sales | 8 | 21 | 16 | 43 | 51 | 19% |
| Price/SF | $320 | $374 | $326 | $315 | $353 | 12% |
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