HousingTracker.net

Collecting, Interpreting and Disseminating Real Estate Data

Detroit, Michigan

The Detroit-Warren-Livonia Metropolitan Statistical Area approximation has 72,449 total listings of which 60,588 are either Single Family or Condo homes (browse Detroit homes). The area includes the major cities of Bloomfield Hills, Dearborn, Detroit, Farmington, Livonia, Rochester, Southfield, Sterling Heights, Troy, Warren and many others. See also housing affordability for Detroit, Michigan

Weekly Data

Weekly inventory and median asking prices for Single Family and Condo homes (together) are displayed in the trend box below. 25th and 75th percentile prices for the last ten weeks are shown in the table. For a longer history of trends see the averages data further down.

Trend05/12/20081 month3 month6 month12 month
Median Price$139,000+0.7%+5.3%-0.7%-13.1%
Inventory60,588-1.5%-5.4%-14.2%-10.0%


DateInventory
(SFH + Condo)
25th Percentile50th Percentile
(Median)
75th Percentile
05/12/200860,588$79,898$139,000$225,000
05/05/200861,196$79,000$139,000$225,000
04/28/200861,422$79,000$139,000$225,000
04/21/200861,838$76,000$138,000$225,000
04/14/200861,501$76,500$138,000$225,000
04/07/200862,918$73,000$134,000$220,000
03/31/200864,199$72,000$133,000$220,000
03/24/200863,847$71,999$132,900$220,000
03/17/200863,598$72,500$133,000$220,777
03/10/200864,439$70,000$130,000$220,000

Monthly Averages

The calendar month averages of weekly price and inventory observations are computed and plotted here. The current month average is an average to date. A summary of the average data is provided in the table.



DateInventory
(SFH + Condo)
25th Percentile50th Percentile
(Median)
75th Percentile
05/200860,892$79,449$139,000$225,000
04/200861,919$76,125$137,250$223,750
03/200864,129$71,299$131,780$220,555
02/200864,505$69,950$131,000$223,950
01/200865,276$71,807$133,575$224,925
12/200768,344$77,660$137,540$228,140
11/200769,339$81,575$139,949$233,175
10/200772,750$86,264$146,560$239,720
09/200774,238$89,900$149,800$245,300
08/200774,498$92,724$151,925$249,575
07/200773,669$95,880$155,940$253,295
06/200770,522$99,900$159,900$259,900
05/200767,171$99,450$159,900$259,924
04/200764,393$99,500$159,900$259,940
03/200760,809$99,900$159,900$259,975
02/200759,160$99,900$159,900$264,450
01/200758,088$99,920$159,900$262,918
12/200660,451$104,412$162,075$268,925
11/200662,973$109,175$165,700$271,825
10/200664,487$111,620$169,520$276,720
09/200665,343$114,899$171,050$279,675
08/200665,249$115,616$174,544$282,950
07/200663,886$118,560$175,580$288,283
06/200661,991$119,900$178,378$289,900
05/200659,357$119,250$176,940$289,900
04/200655,903$117,930$174,999$289,899

The numbers provided here are asking prices derived from Realtor MLS listings. The data is an aggregate representation of large markets and should not be used for valuation of individual homes. While every attempt is made to deliver accurate data, the information on this website is provided as-is. No warranty or guarantee of accuracy is offered or implied. This work is licensed under a Creative Commons Attribution-Share Alike 2.5 License.