Report: Metro Detroit Home Sales Fall 12.7% in April, Prices Reach Record High of $330K

Metro Detroit home sales fell 12.7 percent in April, as economic uncertainty and tariffs weighed on buyers, according to the latest housing report from RE/MAX of Southeastern Michigan.
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Metro Detroit home sales fell 12.7 percent in April and median sales prices reached a new record high of $330,000. // Stock photo

Metro Detroit home sales fell 12.7 percent in April, as economic uncertainty and tariffs weighed on buyers, according to the latest housing report from RE/MAX of Southeastern Michigan.

Sales were down 19 percent in the city of Detroit to 398, 16.9 percent in Livingston County to 142, 15.6 percent in Wayne County to 1,188, 12.3 percent in Macomb County to 639, and the 928 sales in Oakland County were down 7.8 percent.

Home prices continued to rise in April and the median sales price hit a new record of $330,000, up 4.8 percent year-over-year. In the city of Detroit, prices increased 13.1 percent to $95,000, another record high.

Prices in Oakland County jumped 7 percent to $380,000 from $355,000 in April. Wayne County home prices increased 5.1 percent to $195,000. Macomb County receipts averaged $280,000, up 1.8 percent. Livingston County prices were relatively even at $415,000, down .5 percent.

Area homes are spending more days on the market than a year ago. Livingston County saw the largest increase in days on market at 33.3 percent, 28 days from 21 days. Detroit properties spent 50 days on the market last month compared to 43 days last April. Oakland County homes were for sale for 23 days in April 2025 versus 20 days a year ago, up 15 percent. Wayne County homes spent one more day on the market compared to April 2024, 30 to 29.

Macomb County properties spent 11.1 percent less time on the market compared to a year ago, 24 to 27 days.

Despite the drop in sales, there are signs of stabilization according to Jeanette Schneider, president of RE/MAX of Southeastern Michigan.

“Metro Detroit’s housing market is showing early signs of stabilization,” Schneider says. “While home sales are down year-over-year, we’re seeing encouraging trends — prices are beginning to moderate, interest rates have stabilized, and new listings are on the rise. These shifts suggest a more balanced and accessible market may be taking shape heading into the summer months.”