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Market Update Template 1

 May 2021 - Metro Detroit Market Report If you’re thinking about selling your home, it's important to have a good...

  • Charles Laird
  • May 16th, 2021
  • 1 min read

 

 May 2021 - Metro Detroit Market Report

 

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Metro Detroit market.

Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.

Our April market report showcases everything you need to know about local real estate trends.

$253,462

Average Sales Price

1.7

Months of Supply

32

Average Days on Market

$144

Average Price per Square Foot

Homes Sold

101.1%

Sale-to-List Price

2,123

New Listings

1,741

Active Listings

1,715

Under Contract

1,477

Closed Sales

Curious about what your home is worth now?

Get an accurate home value report from our team. 

Get Your Report

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About the author

Charles Laird

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725 S. Adams Road, Suite 230, Birmingham, MI 48009

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