In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Wayne County, Michigan.
The Median Sale Price for properties in Wayne County was documented at $175,000 for March 2024. This price point is an upward move of 12.9% from the previous month and shows a 10.1% rise from the year before.
During this period, 1,215 homes were sold in the area, reflecting an increase 8.9% compared to the month beforeand and a decrease of 15.0% from the same month in the previous year.
The median time homes spent on the market was 24 days, which is down 8 days compared to last month and a decrease of 9 days over the previous year.
With a Market Pulse Score of 90, the analysis suggests a falling trend in Wayne County’s housing market momentum.
For more information about the Wayne County, 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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