Page 35 - Housing Report - January 2025

JAN 2025
SEMI HOUSING REPORT

Genesee County

Single-Family Homes
MONTHLY
270 Closed Sales

DEC NEW LISTINGS YOY Sales
-42% from last month Monthly Sales and Avg $/SF YOY $/SF
Oct +12% Dec +8%
251 600 Nov -19% $175
Dec +6%
NEW PENDINGS 500 $150
-30% from last month $125
326 400 $100

CLOSED SALES 300 $75
+1% from last month 200 $50
$137 100 $25
PRICE PER SQ FT
+3% from last month 0 $-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
$212K
AVG SALE PRICE Sales '22 Sales '23 Sales '24
+7% from last month $/SF '22 $/SF '23 $/SF '24

All Price Ranges

Oct '24 Nov '24 Dec '24 YTD
'23 '24 (+/-)
Listings Taken 563 463 270 5,504 5,870 7%
New Pendings 363 359 251 4,407 4,444 1%
Closed Sales 408 323 326 4,360 4,406 1%
Price/SF $149 $133 $137 $135 $140 4%
Avg Price $234,805 $198,732 $212,412 $205,297 $212,895 4%
<$150k

Oct '24 Nov '24 Dec '24 YTD
'23 '24 (+/-)
Listings Taken 230 236 126 2,224 2,378 7%
New Pendings 142 135 92 1,727 1,613 -7%
Closed Sales 137 124 117 1,656 1,600 -3%
Price/SF $68 $63 $67 $68 $69 2%
$150k-$300k
Oct '24 Nov '24 Dec '24 YTD
'23 '24 (+/-)
Listings Taken 223 161 97 2,146 2,196 2%
New Pendings 143 163 106 1,854 1,870 1%
Closed Sales 168 137 153 1,866 1,857 0%
Price/SF $145 $145 $141 $140 $146 4%
>$300k
YTD
Oct '24 Nov '24 Dec '24
'23 '24 (+/-)
Listings Taken 110 66 47 1,134 1,296 14%
New Pendings 78 61 53 826 961 16%
Closed Sales 103 62 56 838 949 13%
Price/SF $202 $188 $198 $193 $191 -1%
Data source: Realcomp MLS using Great Lakes Repository Data.

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