Department of Numbers

Special Note 7/28/2014: I'm seeing higher than expected inventories in Dallas, Orlando and Tampa that do not appear to be accurate representations of reality. Data for those cities may be more suspect than data for other locales. National home inventory will also be skewed higher as a result. As always, consider this realtime data a rough and dirty estimate and use at your own risk.

Asking Prices and Inventory for Homes in Detroit Michigan

As of July 28 2014 there were about 18,398 single family and condo homes listed for sale in Detroit Michigan. The median asking price of these homes was approximately $169,900. Since this time last year, the inventory of homes for sale has increased by 28.5% and the median price has increased by 17.2%.

July 28, 2014 Month/Month Year/Year
Median Asking Price $169,900 0.0% +17.2%
Home Listings/Inventory 18,398 +7.3% +28.5%

Recent Asking Price and Inventory History for Detroit

Date Single Family & Condo
Inventory
25th Percentile
Asking Price
Median
Asking Price
75th Percentile
Asking Price
07/28/2014 18,398 $77,900 $169,900 $307,500
07/21/2014 18,264 $76,300 $169,900 $307,500
07/14/2014 17,830 $76,900 $169,900 $309,000
07/07/2014 17,486 $74,900 $169,900 $309,900
06/30/2014 17,141 $74,900 $169,900 $310,000

Detroit Asking Price History

The median asking price for homes in Detroit peaked in June 2006 at $178,378 and is now $8,478 (4.8%) lower. From a low of $84,925 in February 2011, the median asking price in Detroit has increased by $84,975 (100.1%).

25th, Median (50th) and 75th Percentile Asking Prices for Detroit Michigan

Detroit Housing Inventory History

Housing inventory in Detroit, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 84,312 in August 2007. The lowest housing inventory level seen was 13,089 in March 2014.

Housing Inventory for Detroit Michigan

Detroit Asking Price and Inventory History

Date Single Family & Condo
Inventory
25th Percentile
Asking Price
Median
Asking Price
75th Percentile
Asking Price
July 2014 17,995 $76,500 $169,900 $308,475
June 2014 16,456 $71,920 $167,740 $309,840
May 2014 15,091 $64,225 $158,450 $299,450
April 2014 13,627 $59,650 $150,638 $290,900
March 2014 13,089 $55,978 $140,388 $275,138
February 2014 13,497 $50,500 $129,400 $260,501
January 2014 13,867 $53,098 $129,450 $253,675
December 2013 14,958 $54,238 $131,160 $256,540
November 2013 15,640 $57,725 $138,425 $266,668
October 2013 16,115 $59,325 $139,900 $269,900
September 2013 15,502 $59,140 $143,940 $272,960
August 2013 15,054 $59,447 $146,825 $279,075
July 2013 13,796 $56,600 $145,680 $279,900
June 2013 15,312 $54,925 $138,325 $269,725
May 2013 15,351 $47,974 $128,675 $253,700
April 2013 15,437 $43,760 $117,860 $243,198
March 2013 15,251 $39,925 $107,673 $229,725
February 2013 15,651 $38,425 $98,570 $222,200
January 2013 16,220 $35,753 $92,175 $212,225
December 2012 17,385 $35,160 $89,920 $209,740
November 2012 17,847 $35,975 $89,925 $204,725
October 2012 18,726 $38,210 $92,250 $209,540
September 2012 19,273 $39,650 $94,375 $209,675
August 2012 19,678 $39,900 $97,458 $211,175
July 2012 20,014 $39,855 $96,280 $209,900
June 2012 20,463 $39,900 $97,275 $211,425
May 2012 20,401 $39,800 $94,925 $204,825
April 2012 20,439 $39,900 $92,680 $200,698
March 2012 20,786 $37,175 $89,900 $194,900
February 2012 21,410 $35,450 $87,200 $186,050
January 2012 21,998 $35,920 $84,938 $180,360
December 2011 23,391 $34,975 $87,000 $181,225
November 2011 24,505 $37,663 $89,675 $185,725
October 2011 25,740 $39,720 $90,440 $189,560
September 2011 26,664 $39,937 $94,925 $189,900
August 2011 28,136 $40,380 $96,360 $189,900
July 2011 29,367 $41,500 $97,550 $189,800
June 2011 29,921 $40,500 $96,450 $187,175
May 2011 30,403 $39,960 $90,980 $179,660
April 2011 30,236 $39,900 $89,900 $174,950
March 2011 31,183 $39,030 $86,697 $169,450
February 2011 32,181 $39,375 $84,925 $164,725
January 2011 30,412 $39,922 $87,870 $165,920
December 2010 33,079 $41,500 $89,875 $167,725
November 2010 33,858 $46,760 $94,780 $173,360
October 2010 34,750 $49,900 $99,600 $179,450
September 2010 37,001 $49,900 $99,900 $182,425
August 2010 37,359 $49,960 $101,330 $188,100
July 2010 37,184 $50,475 $104,438 $189,900
June 2010 36,965 $53,675 $108,125 $190,975
May 2010 37,475 $54,920 $109,480 $190,720
April 2010 38,882 $55,000 $109,900 $190,599
March 2010 37,566 $54,920 $109,820 $190,518
February 2010 37,706 $54,650 $109,575 $189,900
January 2010 37,823 $54,675 $109,800 $189,925
December 2009 38,761 $55,975 $111,700 $194,350
November 2009 40,060 $59,820 $117,920 $199,890
October 2009 42,358 $60,250 $119,900 $202,450
September 2009 45,060 $64,075 $120,950 $208,200
August 2009 46,488 $64,997 $123,558 $207,940
July 2009 47,409 $67,725 $124,900 $211,025
June 2009 48,633 $68,740 $124,920 $209,920
May 2009 49,394 $68,475 $124,950 $208,068
April 2009 50,276 $65,200 $123,075 $202,725
March 2009 51,531 $64,050 $119,900 $199,900
February 2009 53,093 $60,199 $119,713 $199,450
January 2009 55,110 $60,572 $120,519 $200,546
December 2008 58,457 $61,567 $121,843 $203,209
November 2008 62,025 $62,530 $123,125 $205,786
October 2008 64,267 $63,525 $124,450 $208,450
September 2008 67,211 $66,300 $126,200 $211,760
August 2008 69,887 $69,923 $129,800 $217,187
July 2008 70,286 $72,850 $130,575 $219,675
June 2008 70,010 $76,781 $135,460 $223,795
May 2008 69,178 $79,449 $138,725 $224,975
April 2008 70,076 $76,125 $137,250 $223,750
March 2008 72,577 $71,299 $131,780 $220,555
February 2008 73,002 $69,950 $131,000 $223,950
January 2008 73,875 $71,807 $133,575 $224,925
December 2007 77,347 $77,660 $137,540 $228,140
November 2007 78,473 $81,575 $139,949 $233,175
October 2007 82,333 $86,264 $146,560 $239,720
September 2007 84,017 $89,900 $149,800 $245,300
August 2007 84,312 $92,724 $151,925 $249,575
July 2007 83,373 $95,880 $155,940 $253,295
June 2007 79,812 $99,900 $159,900 $259,900
May 2007 76,019 $99,450 $159,900 $259,924
April 2007 72,875 $99,500 $159,900 $259,940
March 2007 68,819 $99,900 $159,900 $259,975
February 2007 66,953 $99,900 $159,900 $264,450
January 2007 65,740 $99,920 $159,900 $262,918
December 2006 68,414 $104,412 $162,075 $268,925
November 2006 71,268 $109,175 $165,700 $271,825
October 2006 72,982 $111,620 $169,520 $276,720
September 2006 73,951 $114,899 $171,050 $279,675
August 2006 73,844 $115,616 $174,544 $282,950
July 2006 72,302 $118,560 $175,580 $288,283
June 2006 70,157 $119,900 $178,378 $289,900
May 2006 67,176 $119,250 $176,940 $289,900
April 2006 63,267 $117,930 $174,999 $289,899