Is Saint Clair, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Saint Clair was a Seller's Market.

Key Takeaway

Saint Clair is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saint Clair, MI

How much do homes in Saint Clair, MI cost?

Median Sold Price

$75,000

$52/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$157,950(-67.8%)

Key Takeaway

Homes in Saint Clair have sold for 67.8% less than they did a month ago.

Summary: The median home sold price in Saint Clair was $75,000 in March 2024, down 67.8% from last month, and the median price per square foot was $52.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $215.9K$75K
-65.3%
4 $250K-
N/A
5+ --
N/A

Summary: Saint Clair housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 65.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Saint Clair, MI

How many homes are available in Saint Clair, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
610+66.7%

Summary: The Saint Clair real estate market had 10 homes for sale in March 2024, a 66.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 25
+150.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Saint Clair housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Clair, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Saint Clair in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Saint Clair, MI

How long does it take to sell a home in Saint Clair, MI?

Average Sale Time

Feb 2024Mar 2024CHANGE
57 Days160 Days+178.3%

Summary: Homes in Saint Clair had an average of 160 days on market in Mar 2024, up by 178.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint Clair are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Saint Clair; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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