Southeast Michigan Housing Report February 2026
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SEMI 5-County Summary
3,527
Jan New Listings
+26% from last month
2,498
New Pendings
+3% from last month
2,127
Closed Sales
-32% from last month
$190
Price Per Sq. Ft.
-7% from last month
$318K
Avg. Sale Price
-8% from last month
All Price Ranges
| Nov ’25 | Dec’25 | Jan ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 4,116 | 2,807 | 3,527 | 3,957 | 3,527 | -11% |
| New Pendings | 2,938 | 2,425 | 2,498 | 2,591 | 2,498 | -4% |
| Closed Sales | 2,998 | 3,114 | 2,127 | 2,431 | 2,127 | -13% |
| Price/SF | $202 | $205 | $190 | $189 | $190 | 1% |
| Avg Price | $334,731 | $343,763 | $317,938 | $305,789 | $317,938 | 4% |
<$200k
| Nov ’25 | Dec ’25 | Jan ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,567 | 1,171 | 1,334 | 1,536 | 1,334 | -13% |
| New Pendings | 897 | 869 | 917 | 904 | 917 | 1% |
| Closed Sales | 921 | 966 | 753 | 908 | 753 | -17% |
| Price/SF | $113 | $109 | $102 | $108 | $102 | -5% |
$200k to $400k
| Nov ’25 | Dec ’25 | Jan ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 1,572 | 982 | 1,253 | 1,434 | 1,253 | -13% |
| New Pendings | 1,236 | 953 | 988 | 1,081 | 988 | -9% |
| Closed Sales | 1,277 | 1,296 | 827 | 980 | 827 | -16% |
| Price/SF | $199 | $199 | $194 | $191 | $194 | 1% |
>$400k
| Nov ’25 | Dec ’25 | Jan ’26 | YTD ’25 | YTD ’26 | YTD (+/-) | |
| Listings Taken | 977 | 654 | 940 | 987 | 940 | -5% |
| New Pendings | 805 | 603 | 593 | 606 | 593 | -2% |
| Closed Sales | 800 | 852 | 547 | 543 | 547 | 1% |
| Price/SF | $250 | $257 | $240 | $243 | $240 | -1% |
