First quarter sales statistics show that the average sales price of Lansing area homes has increased $13,889 since the same period in 2018.  This is a 9% increase of $168,498 from 2018’s first quarter average of $159,609.

Check out our First 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.)

First Quarter 2019 Sales Statistics

The Greater Lansing housing market continues to favor seller’s with only 1063 available homes for sale as of April 21, 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.