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Ann Arbor Real Estate Statistics for January 2016

Strong Start to the Year for Ann Arbor Home Sales

Ann Arbor Real Estate Statistics for January 2016
According to the Ann Arbor Area Board of Realtors, Ann Arbor homes sales were up over 20% in January 2016 compared with January 2015. Home values also rose, with the average sale price up 10%. The year is off to a great start! We are still in a very strong seller’s market with a 2.7 month supply of homes listed for sale. New listings are desperately needed to fulfill buyer demand. Inventory remains very low and our buyer’s agents are having a hard time finding homes for their buyers.

With that being said, now is the ultimate time to get your home listed for sale! Sellers are controlling the market and homes in great condition are selling immediately. Not sure what your home is worth? Contact us for a market analysis at 734-761-3060 or email today. See what is currently for sale here!


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