The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines.
The median number of days a home spent on the market in February was 48, five days less than the year before. In Michigan, the typical home was on the market 39 days.
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When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.
Stacker compiled a list of counties where homes sold the fastest in Michigan using data from Redfin. To be included, counties had at least 100 home sales and are selling quicker than the state median. They are ranked by the median number of days a home was listed before it sold. In the case of ties, counties with the most home sales overall were ranked higher.
#10. Genesee County
- Median days on market: 36
- Median sale price: $181,000
- Total homes sold: 305
#9. Washtenaw County
- Median days on market: 35
- Median sale price: $372,000
- Total homes sold: 203
#8. Macomb County
- Median days on market: 32
- Median sale price: $239,450
- Total homes sold: 668
#7. Wayne County
- Median days on market: 32
- Median sale price: $165,000
- Total homes sold: 1,246
#6. Kalamazoo County
- Median days on market: 31
- Median sale price: $255,500
- Total homes sold: 162
#5. Muskegon County
- Median days on market: 31
- Median sale price: $195,000
- Total homes sold: 168
#4. Oakland County
- Median days on market: 28
- Median sale price: $325,000
- Total homes sold: 949
#3. Calhoun County
- Median days on market: 26
- Median sale price: $159,000
- Total homes sold: 106
#2. Ottawa County
- Median days on market: 20
- Median sale price: $357,025
- Total homes sold: 172
#1. Kent County
- Median days on market: 11
- Median sale price: $329,750
- Total homes sold: 428
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 22 states.