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SE Michigan 2014 Home Sales Statistics

Article by, Lisa Virkus – Realtor at Coldwell Banker | lvirkus@me.com | (248) 672-8837

YEAR-END SUMMARY BY JURISDICTION – YTD Average Median Sale Price

Area 2014 2013 Percent Change
ALL MLS $131,418 $109,838 19.6%
City of Detroit $15,011 $11,525 30.3%
Dearborn/Dearborn Hts. $93,696 $75,729 23.7%
Genesee $88,103 $68,942 27.8%
Grosse Pointe Area $244,450 $209,183 16.9%
Lapeer $125,384 $112,705 11.2%
Livingston $198,756 $175,304 13.4%
Macomb $122,038 $102,658 18.9%
Metro Detroit $134,804 $111,692 20.7%
Oakland $184,142 $165,514 11.3%
St. Clair $108,439 $98,683 9.9%
Wayne $82,833 $63,979 29.5%
Greater Wayne $105,296 $87,163 20.8%


YEAR-END SUMMARY BY JURISDICTION – YTD Total Average Days on Market (DOM)

Area 2014 2013 Difference in Days
ALL MLS 49.7 65.2 -15.5
City of Detroit 52.4 69.2 -16.8
Dearborn/Dearborn Hts. 43.6 53.4 -9.8
Genesee 74.7 76.8 -2.1
Grosse Pointe Area 53.5 73.6 -20.1
Lapeer 74 99.1 -25.1
Livingston 62 79.5 -17.5
Macomb 39.9 54.3 -14.4
Metro Detroit 43.2 60.1 -16.9
Oakland 40.3 58.7 -18.4
St. Clair 68.8 90.8 -22
Wayne 45.3 62 -16.7
Greater Wayne 43.3 60.3 -17

 

Written by Lisa Virkus