What Sold This Week: Adrian Closings Lead a Steady Mid-September

Sales are closing, keys are changing hands, and mid-September looks like exactly what a healthy Lenawee County fall should look like. Here's what moved this week — and what it tells you.

Closed this week

• 730 State Street, Adrian — listed earlier in September at $159,900, went pending within days, and closed this week. A 2-bed / 1-bath, 870 sq ft entry-level home: proof that correctly priced small homes simply don't sit in this market.
• 504 Clinton Street, Adrian — closed after adjusting to $79,900. A genuine entry point into Adrian ownership.
• 712 Wenonah Street, Tecumseh — closed this week in our Tecumseh coverage area.

Congratulations to every buyer and seller on those tables — and to the Goedert team on both sides.

New pendings

• 3251 Maplewood Avenue, Lambertville
• 133 N Wisner Street, Jackson (outside the county — noted for context)

Fresh on the market

• 10490 Lime Creek Road, Morenci — $189,900 · 3 bed / 1.5 bath · 1,435 sq ft
• 317 Marshall Street, Brooklyn — $160,000 · 3 bed / 1.5 bath · 1,994 sq ft
• 9200 Wolf Lake Road, Brooklyn — $243,000 · 4 bed / 2.5 bath · 2,551 sq ft
• 9412 Summerfield Road, Temperance — $209,000 · 4 bed / 1.5 bath · 2,094 sq ft

The market behind the closings

• Median list price: $230,000 · Median $/sq ft: $146
• Active: 251 · Pending: 41
• Average days on market: 46 · Months of supply: 2.8
• List-to-sale ratio: 100.0% · Market type: seller's

Month over month, the trend is steady rather than spiking:

• July: $232,000 median · 44 DOM · 111 closed
• August: $239,000 median · 38 DOM · 107 closed
• September (partial): $230,950 median · 38 DOM · 52 closed so far

September's median comes from 52 closings — enough to read direction, not enough to treat the exact figure as final. The signal: days on market fell from 44 to 38 and have held there, while supply stays under three months.

The honest note

36% of active listings have taken a price reduction. In a seller's market that reads oddly until you say it plainly: homes priced right on day one are the ones closing in 38 days, and homes priced on hope are the ones cutting later. With 100% list-to-sale on the homes that do sell, getting the number right up front is the whole game.

Selling? The window is open and buyers are paying full asking price for well-prepared homes. Buying? Nearly three months of supply and a 36% reduction rate mean real negotiating room on anything that's been sitting past 45 days.

Curious what your home would bring right now? Give us a call — we track this market daily.