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August 2022 Market Update

Christina Reimer

Dedicated professionals like Michigan native Christina Reimer are why RE/MAX is ranked as the real estate agency with the highest sales in the state...

Dedicated professionals like Michigan native Christina Reimer are why RE/MAX is ranked as the real estate agency with the highest sales in the state...

Sep 9 1 minutes read

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our monthly market update showcases everything you need to know about local real estate trends over the last month. 

August Market Update for Midland County

51

New Listings

80

Active Listings

85

Under Contract

97

Closed Sales


Homes Sold

101%

Sale-to-List Price


 

$262,127

Average Sales Price

1

Months of Supply

77

Average Days on Market

139

Average Price per Square Foot

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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