At Partners Real Estate Professionals, we believe in keeping our clients informed with the most up-to-date local market data. July 2025 brought notable shifts to Livingston County’s housing market—both for single-family homes and condos—that could impact your next real estate move.
Residential Market Overview
July’s numbers show a market that is adjusting yet still performing strongly:
Median Sales Price: $457,000 — up 7.5% from July 2024
Average Sales Price: $497,840 — up 6.3% year-over-year
Closed Sales: 223 — a 14.4% increase over last July
Pending Sales: 174 — down 13.0%, signaling a slight slowdown in accepted offers
Days on Market: 25 — homes are selling 39% faster than last year
Inventory: 421 homes for sale — up 11.7%, giving buyers more choices
Months of Supply: 2.5 months — a 4.2% increase, still favoring sellers but moving toward balance
What it means: Prices are on the rise, sales are closing faster, and there’s more inventory for buyers to consider. Sellers still have an advantage, but with more homes on the market, presentation and pricing strategy are critical.
Condo Market Overview
The condo segment also saw significant changes:
Median Sales Price: $303,950 — down 2.1% from last year
Average Sales Price: $310,572 — down 7.2% year-over-year
Closed Sales: 42 — a 40% jump from last July
Pending Sales: 35 — down 7.9%
Days on Market: 16 — sales moving 5.9% faster than last year
Inventory: 116 condos for sale — up a striking 65.7%
Months of Supply: 3.5 months — a 52.2% increase, giving buyers more negotiating power
What it means: While prices softened slightly, condos moved quickly when priced right, and more units are available than in recent years. This combination makes it an appealing time for buyers to explore the condo market.
Key Takeaways for Buyers
More Choices: Inventory growth means more options and less urgency to make snap decisions.
Still Moving Fast: Desirable homes and condos are still selling quickly—sometimes in just over two weeks—so being ready to act matters.
Negotiating Room: Especially in the condo market, increased supply can open the door for stronger buyer terms.
Key Takeaways for Sellers
Pricing Power: Single-family homes are commanding higher prices than last year.
Faster Sales: Well-priced properties are selling significantly faster than in 2024.
Competition is Rising: With more listings on the market, professional marketing and staging can make all the difference in standing out.
Our Perspective
The July 2025 Livingston County real estate market is showing signs of balance. Sellers are still enjoying healthy returns, but buyers are beginning to see more opportunities. Whether you’re listing a home, buying your first property, or investing in a condo, this is a market that rewards preparation and strategy.
At Partners Real Estate Professionals, we combine local expertise, proven marketing, and negotiation skills to help our clients succeed—no matter which side of the table they’re on.
Thinking about your next move?
Contact Partners Real Estate Professionals today for a no-obligation market consultation. Let’s talk about your goals and how to make the most of current market conditions. Call 810-220-7653 or email us here.
