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Dexter Real Estate Market Update – Second Quarter 2016

Sales Up for Dexter Real Estate

Dexter Real Estate Market Update for the Second Quarter 2016
When compared with this time last year, sales are up year-to-date for Dexter Real Estate. There have been 143 sales so far in 2016, according to the Ann Arbor Area Board of Realtors, with an average sale price of $337,498. In 2015 there were 123 sales, with an ASP of $332,080, putting the number of sales up by 16% and the ASP up by 2%. The number of new listings year-to-date is virtually the same – 247 vs. 248. It is just barely a balanced market with a 7 month supply of homes listed for sale.

Dexter tends to see the real estate peak in June and July, but sales continue through the rest of the year. If you’re planning on listing your Dexter home, but think it may be too late in the season – it isn’t! Contact The Bouma Group, Realtors today at 734-761-3060 or info@bouma.com to learn what your home is worth in today’s market. Want to know what’s selling in your neighborhood? Find out in a Market Trend report!

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