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Detroit Home Sales For February 2024

Metro Detroit Market Snapshot.

Sales are slightly down, Prices are moderately up; again.

February 2024 Metro Detroit (Oakland, Macomb, Wayne counties) home sales were down 113 units to 2,750 vs. February 2023 but the average sales price was up 6% to $283,822.00.

Oakland County saw a 2.5% decrease in units sold to 925 and a 5.6% increase in average price to $391,000.00. The $1mm plus market saw a 25% decrease in volume overall but more $3mm sales than in 2023.

Interesting facts, The lowest priced home sold in Detroit last month was $3,000.00 and the most expensive was $5,000,000.00 (which sold $500,000.00 over list price)

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