March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Michigan for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Michigan where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Michigan the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Michigan, the hottest-selling market is Isabella County, where the MarketPulse Score is 95 and the median sales price comes in at $180,000 with 33 homes sold.
On the flip side, Washtenaw County sits at the bottom of the market with a MarketPulse Score of 79 with 116 homes sold.
Hottest Markets in Michigan
1. Isabella County. MarketPulse Score of 95
2. Calhoun County. MarketPulse Score of 95
3. Mecosta County. MarketPulse Score of 94
4. Bay County. MarketPulse Score of 93
5. Muskegon County. MarketPulse Score of 92
For more information about the Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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