Michigan housing-market dispatches
City- and metro-level reads across Michigan, from The Pecan Street Index.
Detroit Warren Dearborn, MI · 2026-08-14
Novi 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.
Ann Arbor, MI · 2026-07-10
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.
Detroit Warren Dearborn, MI · 2026-07-10
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.
Ann Arbor, MI · 2026-07-03
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.
Detroit Warren Dearborn, MI · 2026-07-03
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.
Ann Arbor, MI · 2026-06-29
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.
Detroit Warren Dearborn, MI · 2026-06-29
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.