Second quarter sales statistics show that the average sales price of Lansing area homes has increased $9,895 since the same period in 2018. This is a 6% increase to $175,313 from 2018’s second quarter average of $165,418.

Check out our Second Quarter Sales Statistics Link (below) for an update sales activity by community. (Please note that pending sales, properties under contract that have not yet closed, are not factored into these statistics.)

Second Quarter 2019 Sales Statistics

The Greater Lansing housing market continues to favor seller’s with only 1365 available homes for sale as of July 24, 2019. Low housing inventory has been the standard for the past five years. A balanced market, favoring neither buyer or seller, would be at between 3000 to 3200 units.