Home Sales Increase While Listings Decrease
When compared with September 2014, Ann Arbor home sales, for the past 12 months, increased by 14.5%. New listings actually decreased slightly, keeping Ann Arbor in a seller’s market with an overall 4 month supply of homes available. There are 74 homes for sale over $800,000 and with much lower sales, this price point remains in a strong buyer’s market. September typically marks the slow down for real estate after the busier summer selling season. We will continue to monitor the market and keep you posted of the latest trends.
Even though the market slows down this time of year, it doesn’t stop! Buyers and sellers alike are more focused and determined. There is still time to get into a new home by the holidays! Start now with our state-of-the-art real estate search and start your journey to a new home. Thinking of selling? Get a comparative market analysis and find out what your home is worth and what The Bouma Group can do for you to get it sold. To learn more about our service for home sellers and buyers, contact us today at 734-761-3060 or email info@bouma.com.