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Ann Arbor Real Estate Market Update – November 2012

Ann Arbor Real Estate Sales Slow as Holidays Near

Statistics for Ann Arbor Home Listings and Sales for November 2012

Either the new MLS system for Washtenaw County is reporting incorrect data, which could be entirely possible, or sales of Ann Arbor homes are beginning to slow and decrease for the first time this year. With the holidays approaching and a much lower supply of inventory, this real estate trend may well continue through the end of the year. The months supply of homes is steady at 4.1, keeping Ann Arbor in a seller’s market.

We will continue to carefully watch the market and keep you informed of new trends we see. Are you thinking of listing your home in the near future? Believe it or not, the spring market is right around the corner and with historically low interest rates continuing, we are expecting this spring to be very busy! Want to find out if the value of your home is increasing? Contact The Bouma Group Realtors at 734-761-3060 or email for an in depth analysis and find out what we can do to get your home sold quickly. Not sure if your ready to sell? Sign up for a free Market Snapshot here and keep an eye on home values in your neighborhood, it’s fast and easy!


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