Is Saint Clair Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Clair Township has remained a Seller's Market.
Key Takeaway
Saint Clair Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Clair Township, MI
How much do homes in Saint Clair Township, MI cost?
Median Sold Price
$380,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Clair Township have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Saint Clair Township was $380,000 in May 2024, up 20.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235.9K | $230K | -2.5% |
| 3 Bedrooms | $285K | $375K | +31.6% |
| 4 Bedrooms | $460K | $390K | -15.2% |
| 5+ Bedrooms | $535K | $565K | +5.6% |
Summary: Saint Clair Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Saint Clair Township | $314.5K | $380K | +20.8% |
| Saint Clair | $225K | $250K | +11.1% |
| Marysville | $203K | $221.5K | +9.1% |
| East China | $335K | $315K | -6.0% |
Housing Supply in Saint Clair Township, MI
How many homes are available in Saint Clair Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Saint Clair Township real estate market had 25 homes for sale in May 2024, a 13.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Saint Clair Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Clair Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Saint Clair Township in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Saint Clair Township, MI
How long does it take to sell a home in Saint Clair Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 6 Days | -84.8% |
Summary: Homes in Saint Clair Township had an average of 6 days on market in May 2024, down by 84.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Clair Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Saint Clair Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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