Strength 4 / 5
$510K
Ann Arbor avg sale price crossed $500K — now $510K
Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.
Markets › Michigan
Michigan
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Michigan. City-level + zip-level data; free to read.
Cities
Ann Arbor, MI
$482K · +2.5%
Detroit, MI
$100K · +5.0%
Grand Rapids, MI
$300K · +4.0%
Lansing, MI
$150K · +5.2%
Recent signals
Strength 4 / 5
$447K
Ann Arbor median price -8.8% YoY
Price-per-sqft also -4.4% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
17 days
Novi homes taking 17 days to sell — +112.5% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Strength 4 / 5
$420K
Troy median price -12.0% YoY
Price-per-sqft also -1.9% YoY, confirming real depreciation vs. mix-shift noise.