Is Saint Clair Shores, 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, Saint Clair Shores has remained a Seller's Market.
Housing Prices in Saint Clair Shores, MI
How much do homes in Saint Clair Shores, MI cost?
Median Sold Price
$227,515
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Saint Clair Shores was $227,515 in June 2024, up 10.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $78.2K | $96.2K | +23.0% |
2 Bedrooms | $156.5K | $173K | +10.5% |
3 Bedrooms | $214.5K | $231.7K | +8.0% |
4 Bedrooms | $265K | $269.5K | +1.7% |
5+ Bedrooms | $340K | $310K | -8.8% |
Summary: Saint Clair Shores housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Cities
Saint Clair Shores | $205.7K | $227.5K | +10.6% |
Roseville | $150.4K | $164.5K | +9.4% |
Eastpointe | $141.6K | $154.9K | +9.4% |
Grosse Pointe Woods | $299.9K | $325K | +8.4% |
Housing Supply in Saint Clair Shores, MI
How many homes are available in Saint Clair Shores, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
139 | 163 | +17.3% |
Summary: The Saint Clair Shores real estate market had 163 homes for sale in June 2024, a 17.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 35 | 33 | -5.7% |
3 Bedrooms | 90 | 108 | +20.0% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Saint Clair Shores housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
56 | 43 | -23.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Saint Clair Shores in June 2024, down by 23.2% month-over-month. Of the 43 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% were sold over asking.
Days on Market for Saint Clair Shores, MI
How long does it take to sell a home in Saint Clair Shores, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
13 Days | 22 Days | +67.1% |
Summary: Homes in Saint Clair Shores had an average of 22 days on market in Jun 2024, up by 67.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 43 homes were sold in Saint Clair Shores; 84% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.