Is Clawson, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Clawson has remained a Seller's Market.
Housing Prices in Clawson, MI
How much do homes in Clawson, MI cost?
Median Sold Price
$291,750
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Clawson was $291,750 in June 2024, up 10.1% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $130K | +4.0% |
2 Bedrooms | $215.5K | $215.5K | 0.0% |
3 Bedrooms | $270K | $297.5K | +10.2% |
4 Bedrooms | $307.5K | $351K | +14.1% |
5+ Bedrooms | $335K | $351.2K | +4.8% |
Summary: Clawson housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes did not change, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in Clawson, MI
How many homes are available in Clawson, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
Summary: The Clawson real estate market had 47 homes for sale in June 2024, a 23.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 1 | 5 | +400.0% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Clawson housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 400%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Clawson in June 2024, down by 18.8% month-over-month. Of the 13 sold homes, 23% were sold under asking, 23% were sold at asking, and 54% were sold over asking.
Days on Market for Clawson, MI
How long does it take to sell a home in Clawson, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
7 Days | 25 Days | +256.8% |
Summary: Homes in Clawson had an average of 25 days on market in Jun 2024, up by 256.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in Clawson; 77% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.