**Last month sold data is not available in Realtor, Homes and Trulia
Sales rate = no of properties sold/avg no of properties listed
Sold Highlights
| Website | Sold |
|---|---|
| |
95 0% WoW 0% MoM |
| |
89 0% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
| |
231 0% WoW 0% MoM |
| |
226 0% WoW 0% MoM |
| |
273 0% WoW 0% MoM |
| |
195 0% WoW 0% MoM |
| |
192 0% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| |
440 0% WoW 0% MoM |
| Market Trends |
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| Median days on market | 54 | 55 | 45 | – | – | ||||||||||
| Median sale price | $120,440 | $90,500 | $85,150 | – | $85,333 | ||||||||||
| Median list price | $99,000 | $97,950 | – | – | $96,333 | ||||||||||
| Median price per sqft | $93 | $84 | $85 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 55.72% | ||||||||||
| Percent sales over list price | – | – | 26.8% | – | 27.91% | ||||||||||
| Percent homes with price drop | – | – | 26.9% | – | – | ||||||||||
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Detroit, MI remain listed before being sold.
Medain sale price: The median price at which homes across Detroit, MI were sold.
Medain list price: The median price at which homes across Detroit, MI were listed.
Medain price per sqft: The median sale price per square foot in Detroit, MI.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.