Now that we are in the middle of the summer, which is typically the height of the selling season, what is going on in the Ann Arbor Real Estate market? Compared to my post on May 11th, we are seeing the Activity Index continue to increase in some price points, as inventory is slightly shrinking and the number of homes under contract is increasing. According to the Activity Index, homes listed for sale under $400k are in a sellers market with homes over $400k remaining in a buyer’s market.

july-ann-arbor-real-estate-market-stats-graph

Remember that you can’t judge an entire market, different neighborhoods bear different statistics. To find out more about your specific Ann Arbor Neighborhood, give me a call at 734-761-3060, I’d be happy to do a market analysis for you!

Until next time-

Martin