**Last month sold data is not available in Realtor, Homes and Trulia
Sales rate = no of properties sold/avg no of properties listed
Sold Highlights
| Website | Sold |
|---|---|
 Zillow |
68 -16% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
325 25% WoW 0% MoM |
 Realtor.com |
297 20% WoW 0% MoM |
 Trulia |
318 35% WoW 0% MoM |
| Zillow |
270 21% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
323 -17% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 54 | 53 | 47 | – | – | ||||||||||
| Median sale price | $120,342 | $95,000 | $95,000 | – | $80,000 | ||||||||||
| Median list price | $95,000 | $95,000 | – | – | $96,333 | ||||||||||
| Median price per sqft | $92 | $84 | $84 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 55.87% | ||||||||||
| Percent sales over list price | – | – | 23.5% | – | 27.39% | ||||||||||
| Percent homes with price drop | – | – | 25.7% | – | – | ||||||||||
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Detroit, MI remain listed before being sold.
Medain sale price: The median price at which homes across Detroit, MI were sold.
Medain list price: The median price at which homes across Detroit, MI were listed.
Medain price per sqft: The median sale price per square foot in Detroit, MI.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.
