To begin this real estate update, we will focus on Southeast Michigan, specifically the counties of Livingston, Macomb, Oakland, St. Clair, Washtenaw, and Wayne. In this region, home prices continue to rise as the year-over-year median sales price increased the most for the third consecutive month in Wayne County by 27.9% reaching $145,000. The county that saw the least significant raise in year-over-year median sales price was St. Clair, which saw a 7.5% increase reaching $172. Year-over-year sold listings have increased in three out of the six counties, which include St. Clair (19.1%), Washtenaw (10.2%), and Macomb (1.0%). The remaining three counties saw a decrease in year-over-year sold listings with Livingston seeing the largest decrease of -12.3%. Year-over-year new listings have decreased across the board with Wayne County exercising the most significant decrease of -17.9%.
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