Look for the Market Update in Your Inbox
Every month our President of Brokerage Services, Dan Elsea, provides the Market Update. This report features charts, data and forecasts for the real estate markets in Southeast Michigan and Washtenaw County. The report breaks down complicated information and makes it simple and easy for you to understand. By reading the monthly report or watching the quarterly Market Update video, you’ll always know what’s up with our ever-changing market.
Read Our Most Recent Market Reports
June 2015 Market Update
The spring rush is in full bloom with the market looking very much like last spring, only slightly less hectic. All indicators in May show a strong market as prices are up (7%), new [...]
May 2015 Market Update
In April, the market heated up even more than we had expected. With For Sale inventories rising through the winter and into the beginning of 2015, it looked like the market was becoming more [...]
April 2015 Market Update
The first quarter of 2015 followed what we had expected for Southeast Michigan with improving numbers over last year in most categories. The jump in sales and new listings entering the market was due to [...]
March 2015 Market Update
Both January and February moved as expected, jumping up in most categories compared to last year. Buyer demand going into 2015 is stronger than last year, however, the large jump in newly written contracts (Pending [...]
February 2015 Market Update
The month of January in the Detroit metropolitan area followed the pattern we had expected with written contracts up 18% over January 2014. Much of the jump was weather-related. Last January written contracts were [...]