Houses in Lenawee County were recently sold at higher prices: see how much a lot here

Here is a breakdown for the full state:

• The total value of the turnover for residential buildings in Michigan died of $ 3 billion in November in December by 0.8%.
• Of all sales of the house in Michigan, 1.74% of the houses were sold in December for at least 1 million US dollars, compared to 1.2% in December 2023.
• The sales prices for single -family houses in Michigan in Michigan decreased by a median of 229,844 USD in December by 2.1%. Since December 2023, the sales price for single -family houses across the state has increased by $ 200,000 by 12.5%.
• All over the state, the sales price for condominiums and town houses increased by 4.9% from a median of $ 298,345 in November to $ 312,915 in December. The average sales price for condominiums and town houses rose by 18.8% compared to the median of $ 263,475 in December 2023.

The average sales price for homes used in this report represents the center of all houses or units that are listed over the certain period. The median offers a more precise view of what happens in a market than the average sales price, which would mean taking over the sum of all sales prices and then sharing through the number of houses sold. The average can be distorted by a particularly low or high sale.

The USA Today Network publish localized versions of this story on its news pages across the country, which are generated by data from Realtor.com. Please leave feedback or corrections for this story here. This story was written by Ozge Terzioglu.