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.
The Pecan Street Index › Detroit Warren Dearborn · 2026-06-29
Metro-level
Novi homes taking 17 days to sell — +112.5% vs. a year ago
17 days
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
This period's moves
Strength 4 / 5
$420K
Troy median price -12.0% YoY
Price-per-sqft also -1.9% YoY, confirming real depreciation vs. mix-shift noise.
Cite this
Pecan Street Index, Detroit Warren Dearborn, June 2026
Free to cite with attribution to The Pecan Street Index and a link back to this page. See For journalists for usage terms and Methodology for sourcing.