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AUGUST 2024 Market Update

Karen Austin

I am a full time Real Estate Broker with an in depth knowledge of the Greater Lansing area which includes Eaton, Clinton and Ingham Counties...

I am a full time Real Estate Broker with an in depth knowledge of the Greater Lansing area which includes Eaton, Clinton and Ingham Counties...

Aug 6 1 minutes read

The real estate market in Greater Lansing remained active throughout August 2024, with both buyers and sellers navigating the changing dynamics of rising interest rates and limited inventory. Here’s an in-depth look at the key trends that defined the month 

AUGUST Market Update for Ingham County 

356

New Listings

323

Active Listings

291

Under Contract

273

Closed Sales

 

$245,708

Average Sales Price

1.33

Absorption rate 

17

Average Days on Market


Homes Sold

101.5%

Sale-to-List Price


July  Market Update for Eaton County 

124

New Listings

120

Active Listings

104

Under Contract

94

Closed Sales

 

$286,116

Average Sales Price

1.49

Absorption rate 

26

Average Days on Market


Homes Sold

101.1%

Sale-to-List Price


July  Market Update for Clinton County 

71

New Listings

89

Active Listings

59

Under Contract

66

Closed Sales

 

$439,294

Average Sales Price

1.5

Absorption rate

23

Average Days on Market


Homes Sold

99.1%

Sale-to-List Price


Curious about how your home's value has changed?

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