Saline Real Estate Market is Balanced
Saline Real Estate is in a balanced market with a 6.6 month supply of homes for sale at the end of the 2nd quarter of 2016. When comparing year-to-date 2016 with the same time period in 2015, the number of new listings is up 9% (288 vs. 265) and the number of homes sold is down 4% (159 vs. 165). While less homes have sold so far this year, the average sale price is up 4%, $374,242 from $360,564. The average days on the market is also down, 52 vs. 59. For the first time in a while, we are starting to see an increase in inventory, which is great news for home buyers.
To find out what your home is worth in today’s market, or to find out more about Saline home values, contact the experts with The Bouma Group at info@bouma.com or 734-761-3060. For the latest real estate news, Saline home search, or a Free Buying Guide, check out our state of the art Washtenaw County home website!
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