When you decide to buy or sell a home in Ann Arbor, you might look up the average home price in the city. You might check the city-wide inventory levels or look at general days on the market. This broad approach seems logical, but it actually sets you up for failure. Ann Arbor is not […]
Average Days on the Market Stays Below 30 Days Although there has been an increase in the amount of new inventory for Ann Arbor homes in July, the average days on the market is under a month at 21 days. A total of 163 homes were entered into the MLS this past month, a slight […]
An All Around Increase in Prices Listing and selling prices for both monthly and year-to-date statistics in Ann Arbor have seen an increase in comparison to last year’s numbers. In June, 158 homes were sold in Ann Arbor and this is an increase of 18.6% from the 194 homes sold the previous June. Up 6.8% […]
More Ann Arbor Homes Sold Than Listed in December to Finish Off the Year Here is your final real estate report for 2018 for Ann Arbor homes! Both this past month’s prices and year-to-date prices have increased. Unfortunately, both the average sale and listing prices have increased on all fronts as well. Like November, 39 […]
New Listings Entered for Ann Arbor Homes Plummet This November, Ann Arbor residential has seen a major dive in the amount of new listings entered. Only 39 homes were entered into the multiple listings service, this is a extreme 49% decline compared to last November last year when 73 homes were entered. There has only […]
Both Listing and Sale Prices Rise for Ann Arbor Homes This October, Ann Arbor homes have seen an increase in prices for both month-year statistics and year-to-date statistics. Overall, there has not been a significant change in the amount of inventory listed and sold. Only 1 additional home has been listed this month compared to […]
Listing Prices are Down for Ann Arbor Condos, but Selling Prices Rise For the month of August, Ann Arbor condos have seen surprising statistics compared to August 2017. The average listing price is $310,161, which is 4.5% lower than the previous August where the ALP was $324,753. Perhaps this is because there is an increase […]
Prices Increase Overall but Homes Still Sell Below Asking Price Both listing and selling prices are increased for Ann Arbor homes compared to last August, as well as compared to the year to date statistics. Luckily for buyers, homes are selling below the listing price. Only 1 more new listing was entered this August compared […]
Ann Arbor Condo Prices Surge Compared to Last July In all aspects, Ann Arbor condos have seen an increase in pricing compared to last year. Comparative to July 2017, the amount of new units listed is increased a staggering 61%, from 59 condos to 95 entered this July. The average listing price has also greatly […]
Increased Inventory for Ann Arbor Homes Compared to last month and last July, inventory has increased for Ann Arbor homes. As well, average sale prices have also risen for both this month and so far this year. This July, 7% more listings have been entered compared to the prior July, 146 homes versus 136. The […]
