Jan. Real Estate Stats
Jan. Real Estate Stats
Jan. Real Estate Stats
Wayne County
Residential January Year to Date
Key Metrics 2017 2018 % Change Thru 1-2017 Thru 1-2018 % Change
New Listings 1,875 1,778 - 5.2% 1,875 1,778 - 5.2%
Pending Sales 1,262 1,436 + 13.8% 1,262 1,436 + 13.8%
Closed Sales 1,215 1,222 + 0.6% 1,215 1,222 + 0.6%
Days on Market Until Sale 47 41 - 12.8% 47 41 - 12.8%
Median Sales Price* $102,000 $116,000 + 13.7% $102,000 $116,000 + 13.7%
Average Sales Price* $132,244 $147,612 + 11.6% $132,244 $147,612 + 11.6%
Percent of List Price Received* 95.9% 95.8% - 0.1% 95.9% 95.8% - 0.1%
Inventory of Homes for Sale 4,748 3,566 - 24.9% –– –– ––
Months Supply of Inventory 3.2 2.2 - 31.3% –– –– ––
$150,000
$140,000
$125,000
$120,000
$100,000
$100,000
$75,000
$80,000
$50,000
$60,000
$25,000
$0 $40,000
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Current as of February 1, 2018. All data from Realcomp II Ltd. Report © 2018 ShowingTime.