Northwest Michigan Housing Report July 2025
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NW 6-County Combined Summary
Waterfront, Non-Waterfront, Condo
525
June New Listings
-14% from last month
276
New Pendings
-6% from last month
332
Closed Sales
+12% from last month
$333
Price Per Sq. Ft.
+3% from last month
$516K
Avg. Sale Price
+4% from last month
| Property Type | Apr ’25 | May ’25 | Jun ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 205 | 297 | 332 | 6% | 2% |
| Avg Price | $555,532 | $497,171 | $515,694 | 15% | 3% | |
| Waterfront | Sales | 25 | 30 | 39 | 0% | 2% |
| Avg Price | $1,628,159 | $1,194,687 | $1,035,850 | 18% | 0% | |
| Non-Waterfront | Sales | 148 | 232 | 232 | 9% | 4% |
| Avg Price | $404,427 | $423,063 | $453,679 | 14% | 4% | |
| Condo | Sales | 32 | 35 | 60 | 7% | -3% |
| Avg Price | $416,401 | $390,528 | $418,132 | 13% | 9% |
| Price Range | Apr ’25 | May ’25 | Jun ’25 | YTD ’25 vs. ’23 | YTD ’25 vs. ’24 | |
| All Combined | Sales | 205 | 297 | 332 | 6% | 2% |
| $/SF | $373 | $323 | $333 | 14% | 2% | |
| Avg Price | $555,532 | $497,171 | $515,694 | 15% | 3% | |
| <$350k | Sales | 88 | 130 | 126 | -5% | 0% |
| $/SF | $202 | $192 | $172 | 8% | -1% | |
| $350k-$700k | Sales | 83 | 124 | 136 | 17% | 4% |
| $/SF | $315 | $300 | $322 | 2% | 1% | |
| >$700k | Sales | 34 | 43 | 70 | 22% | 6% |
| $/SF | $719 | $584 | $515 | 20% | 3% |
