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 March 2023
Since last year, Saint Clair Shores has remained a Seller's Market.
Key Takeaway
Saint Clair Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Clair Shores, MI
How much do homes in Saint Clair Shores, MI cost?
Median Sold Price
$222,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Clair Shores have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Saint Clair Shores was $222,000 in March 2024, up 5.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $48K | -40.0% |
| 2 Bedrooms | $155K | $166.5K | +7.4% |
| 3 Bedrooms | $215K | $230K | +7.0% |
| 4 Bedrooms | $268K | $269.4K | 0.5% |
| 5+ Bedrooms | $295K | $310K | +5.1% |
Summary: Saint Clair Shores housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Grosse Pointe Woods | $290K | $321K | +10.7% |
| Eastpointe | $140K | $150K | +7.1% |
| Roseville | $151.1K | $161.3K | +6.7% |
| Saint Clair Shores | $210.4K | $222K | +5.5% |
Housing Supply in Saint Clair Shores, MI
How many homes are available in Saint Clair Shores, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 114 | 143 | +25.4% |
Summary: The Saint Clair Shores real estate market had 143 homes for sale in March 2024, a 25.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 25 | 41 | +64.0% |
| 3 Bedrooms | 75 | 87 | +16.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Saint Clair Shores 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 increased by 64%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Clair Shores, you could pay more than the asking price. 51.3% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in Saint Clair Shores in March 2024, up by 8.3% month-over-month. Of the 39 sold homes, 28% were sold under asking, 21% were sold at asking, and 51% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 23 Days | -68.3% |
Summary: Homes in Saint Clair Shores had an average of 23 days on market in Mar 2024, down by 68.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saint Clair Shores are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 39 homes were sold in Saint Clair Shores; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.