Property Sales

<p>The Office of the Assessor compiles property sales data to perform an annual property sales study to adjust calculated costs of property values based on local market conditions. This dataset includes property sales data obtained for annual sales studies from 2018 to the present. While only Valid Arm's Length transactions that occurred in the two years prior to when a given sales study is finalized are included in each study, this dataset includes all sales transactions obtained to perform the sales studies, whether or not the sales transactions met inclusion criteria for a study. More information about the <a href='https://detroitmi.gov/departments/office-chief-financial-officer/ocfo-divisions/office-assessor/sales-study' rel='nofollow ugc'>Sales Study</a> is available from the Office of the Assessor.</p>
<p>Values in categorical fields such as 'Sales Instrument' are recorded based on State of Michigan CAMA standards at the time the value was recorded. Some variation in field value codes occurs over time as a related CAMA standard is updated. CAMA standards are available from the <a href='https://www.michigan.gov/treasury/local/stc' rel='nofollow ugc'>State of Michigan Department of Treasury State Tax Commission</a>.</p>
<p><a href='https://analytics-detroitmi.hub.arcgis.com/apps/ee24bf6d120a4ac18ba3fae4993c9f63/explore' rel='nofollow ugc'>Click here</a> for the Analytics Hub visualization of Property Sales.</p>