Detroit, MI Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

Find Sales Comps
Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$31,588.15 +5.2% +12.8%
-
Metro
$28,635.75 +5.8% +13.6%
-
County
$21,761.41 +7.1% +14.2%
-
City
$11,889.81 +10.3% -12.8%

Current Detroit market trends data indicates an increase of +10.3% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with a decrease of -12.8% compared to last year's prices. County-wide, asking prices for Multifamily properties are 7.1% higher at $21,761 per unit compared to the current median price of $11,890 per unit for Multifamily properties in Detroit, MI.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$74.05 +1.3% +5.0%
-
Metro
$82.83 +3.0% +8.1%
-
County
$74.79 +3.4% +15.5%
-
City
$47.54 +11.9% +36.1%

Current Detroit market trends data indicates an increase of +11.9% in the median asking price per sq ft for Office properties compared to the prior 3 months, with an increase of +36.1% compared to last year's prices. County-wide, asking prices for Office properties are 3.4% higher at $75 per sq ft compared to the current median price of $48 per sq ft for Office properties in Detroit, MI.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$36.65 +2.0% +10.4%
-
Metro
$40.91 +2.1% +11.1%
-
County
$33.32 +0.2% +9.7%
-
City
$14.65 -0.6% +10.7%

Current Detroit market trends data indicates a decrease of -0.6% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with an increase of +10.7% compared to last year's prices. County-wide, asking prices for Industrial properties are 0.2% higher at $33 per sq ft compared to the current median price of $15 per sq ft for Industrial properties in Detroit, MI.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Price Index - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$76.43 +0.1% +1.5%
-
Metro
$86.98 +1.8% +2.1%
-
County
$76.69 -0.2% -1.3%
-
City
$66.27 +4.2% +6.0%

Current Detroit market trends data indicates an increase of +4.2% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +6.0% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -0.2% lower at $77 per sq ft compared to the current median price of $66 per sq ft for Retail Commercial properties in Detroit, MI.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Sale Prices - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$29.84 +23.3% +37.2%
-
Metro
$29.84 +23.3% +37.2%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Sale Prices - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$37.18 -1.4% +41.6%
-
Metro
$37.18 -1.4% +41.6%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property Total $ Available For Sale - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
25 -4.6% -39.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Total $ Available For Sale - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
23 +1.4% -31.2%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Total $ Available For Sale - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
20 +3.0% -29.7%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Total $ Available For Sale - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
34 +11.0% -13.5%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property No. of Listings - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
27 -4.9% -26.2%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property No. of Listings - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
40 -3.0% -26.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property No. of Listings - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
29 -0.9% -30.7%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property No. of Listings - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
40 -1.7% -22.7%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property Profile Views (Demand) - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
146 +10.5% +41.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Profile Views (Demand) - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
160 +7.1% +41.0%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Profile Views (Demand) - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
216 +13.5% +39.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Profile Views (Demand) - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
214 +20.3% +55.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Total SF Available - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
36 -3.1% -28.8%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Total SF Available - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
23 -1.3% -39.8%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Total SF Available - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
37 +3.0% -16.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property No. of Units For Sale - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
32 -3.9% -42.8%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Multifamily Property Days on Market - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
135 -1.0% +2.9%
-
Metro
119 +2.0% -0.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Days on Market - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
274 +0.2% +4.2%
-
Metro
249 +7.6% -6.1%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Days on Market - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
257 +8.9% -2.4%
-
Metro
231 +14.3% +0.6%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Days on Market - Sale Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
202 -3.2% +16.5%
-
Metro
172 +5.7% +8.4%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$14.57 +0.6% +0.4%
-
Metro
$15.39 +0.7% +0.2%
-
County
$15.05 +1.0% +1.6%
-
City
$15.84 +3.4% +6.2%

The average asking rental rate per sq ft/year for Office properties in Detroit, MI as of Nov 14 was $15.84. This represents an increase of 3.4% compared to the prior 3 months, with an increase of +6.2% year-over-year. County-wide, average rental rates in Detroit are +1.0% higher at $15.05 per sq ft/year for Office properties currently for lease.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$5.32 +2.0% +4.9%
-
Metro
$5.81 +0.6% +3.8%
-
County
$5.29 +0.4% -0.4%
-
City
$3.29 -0.4% -0.2%

The average asking rental rate per sq ft/year for Industrial properties in Detroit, MI as of Nov 14 was $3.29. This represents a decrease of -0.4% compared to the prior 3 months, with a decrease of -0.2% year-over-year. County-wide, average rental rates in Detroit are +0.4% higher at $5.29 per sq ft/year for Industrial properties currently for lease.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Rent - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$11.52 +0.2% +1.3%
-
Metro
$12.66 +0.7% +1.0%
-
County
$12.07 +0.3% +0.1%
-
City
$11.98 +0.9% -4.0%

The average asking rental rate per sq ft/year for Retail Commercial properties in Detroit, MI as of Nov 14 was $11.98. This represents an increase of 0.9% compared to the prior 3 months, with a decrease of -4.0% year-over-year. County-wide, average rental rates in Detroit are +0.3% higher at $12.07 per sq ft/year for Retail Commercial properties currently for lease.

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property No. of Spaces - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
52 -0.7% -25.5%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property No. of Spaces - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
31 -2.5% -32.0%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property No. of Spaces - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
62 -1.8% -22.6%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Profile Views (Demand) - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
294 +11.3% +55.8%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Profile Views (Demand) - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
278 +12.6% +60.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Profile Views (Demand) - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
258 +3.3% +49.9%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Total SF Available - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
50 -2.6% -29.5%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Total SF Available - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
31 -0.9% -31.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Total SF Available - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
55 -1.1% -24.8%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Office Property Days on Market - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
286 +9.9% +40.1%
-
Metro
298 +14.4% +85.3%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Industrial Property Days on Market - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
244 -28.3% +4.0%
-
Metro
221 -24.9% -3.7%

Close X Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Days on Market - Lease Trends

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
292 +3.9% +31.1%
-
Metro
279 +3.8% +84.0%