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Ann Arbor Real Estate Market Update – July 2015

Ann Arbor Home Sales Up in July

Ann Arbor Real Estate Statistics for July 2015
When comparing single family home sales in July 2015 to those of July 2014, the number of homes sold rose 14.9%, according to the Ann Arbor Area Board of Realtors. Ann Arbor is just barely in a balanced market with a 5.1 month supply of homes listed for sale, hovering on a seller’s market. Listing inventory is beginning to decline, from it’s high in June, and with heightened sales is creating an even tighter market for buyers.

There is still a strong pool of buyers out there in search of the right home, which is evidenced in the increased home sales despite the decreasing inventory. If you think the home selling season is over, you’re wrong! Call us today at 734-761-3060 for a market analysis for your home to find out what it’s worth in today’s market. We’ve been selling Washtenaw County homes for more than 27 years and know the market better than anyone. Learn more about our seller services here.

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