Southeast Michigan Housing Report March 2026
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SEMI 5-County Summary
3,459
Feb New Listings
-2% from last month
2,496
New Pendings
-1% from last month
2,308
Closed Sales
+5% from last month
$192
Price Per Sq. Ft.
+1% from last month
$314K
Avg. Sale Price
even with last month
All Price Ranges
| Dec’25 | Jan ’26 | Feb ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 2,837 | 3,537 | 3,459 | 7,735 | 6,996 | -10% |
| New Pendings | 2,398 | 2,518 | 2,496 | 5,100 | 5,014 | -2% |
| Closed Sales | 3,115 | 2,193 | 2,308 | 4,855 | 4,501 | -7% |
| Price/SF | $205 | $189 | $192 | $192 | $190 | -1% |
| Avg Price | $343,696 | $315,436 | $314,169 | $311,213 | $314,786 | 1% |
<$200k
| Dec ’25 | Jan ’26 | Feb ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,187 | 1,358 | 1,274 | 3,078 | 2,632 | -14% |
| New Pendings | 855 | 914 | 879 | 1,784 | 1,793 | 1% |
| Closed Sales | 967 | 787 | 803 | 1,723 | 1,590 | -8% |
| Price/SF | $109 | $102 | $98 | $108 | $100 | -7% |
$200k to $400k
| Dec ’25 | Jan ’26 | Feb ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 996 | 1,245 | 1,256 | 2,698 | 2,501 | -7% |
| New Pendings | 943 | 998 | 1,021 | 2,131 | 2,019 | -5% |
| Closed Sales | 1,296 | 849 | 932 | 2,012 | 1,781 | -11% |
| Price/SF | $199 | $194 | $198 | $192 | $196 | 2% |
>$400k
| Dec ’25 | Jan ’26 | Feb ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 654 | 934 | 929 | 1,959 | 1,863 | -5% |
| New Pendings | 600 | 606 | 596 | 1,185 | 1,202 | 1% |
| Closed Sales | 852 | 557 | 573 | 1,120 | 1,130 | 1% |
| Price/SF | $257 | $240 | $247 | $246 | $244 | -1% |
