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 April 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
$225,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saint Clair Shores have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Saint Clair Shores was $225,000 in April 2024, up 7.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $77K | -3.8% |
| 2 Bedrooms | $158.5K | $170K | +7.3% |
| 3 Bedrooms | $215K | $230.3K | +7.1% |
| 4 Bedrooms | $263.5K | $269.4K | +2.3% |
| 5+ Bedrooms | $295K | $320K | +8.5% |
Summary: Saint Clair Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Grosse Pointe Woods | $290K | $329.9K | +13.8% |
| Saint Clair Shores | $210K | $225K | +7.1% |
| Eastpointe | $140.9K | $150K | +6.4% |
| Roseville | $153.9K | $160.4K | +4.2% |
| Village of Grosse Pointe Shores | $737.5K | $605.3K | -17.9% |
Housing Supply in Saint Clair Shores, MI
How many homes are available in Saint Clair Shores, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 142 | 187 | +31.7% |
Summary: The Saint Clair Shores real estate market had 187 homes for sale in April 2024, a 31.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 39 | 46 | +17.9% |
| 3 Bedrooms | 92 | 119 | +29.3% |
| 4 Bedrooms | 7 | 14 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Saint Clair Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 29.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 72 | +84.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
32 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. 44.4% of homes here sold above asking price last month.
Summary: A total of 72 homes were sold or pending in Saint Clair Shores in April 2024, up by 84.6% month-over-month. Of the 72 sold homes, 42% were sold under asking, 14% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 84 Days | 20 Days | -75.4% |
Summary: Homes in Saint Clair Shores had an average of 20 days on market in Apr 2024, down by 75.4% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were 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 April 2024, 72 homes were sold in Saint Clair Shores; 85% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 10% 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. 
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.