Average Days on the Market Drop 38% While this October saw a similar amount of new inventory for Ann Arbor homes at 140, which was only 1 more than last year; listing prices increased by 18.5% from $457,567 to $542,165 recently. Luckily for buyers, the average selling price did not experience as much of a […]
Comparable Listing Prices but Less Inventory for Ann Arbor Homes Although their is some uncertainty about the future of the housing market, the average listing price for Ann Arbor homes in June, $508,749, is comparable to that of last June, $507,887. This past month a total of 137 homes were added to the multiple listings […]
Ann Arbor Hills Real Estate Report – February 2020 As one of Ann Arbor’s most sought after neighborhoods, Ann Arbor Hills typically sees a lot of real estate activity. There are currently 16 homes listed for sale and so far this year, 4 homes have sold. Homes for Sale: $1,499,000. 3100 Geddes Ave, Ann Arbor. […]
Decrease in New Inventory and Listing Prices In the month of September, Ann Arbor homes saw a decline in the average listing price from $530,567 to $472,435, an 11% drop. Compared to last September when 137 homes were entered into the multiple listings service, there has been an considerable 25.5% decrease to having only 102 […]
Briar Hill Real Estate Report – March 2016 Home values are on the rise at the desirable Briar Hill subdivision as the market continues to improve in Washtenaw County. There is currently 1 home listed for sale, and last year 7 homes sold. Homes listed for sale: $450,000. 3571 Barry Knoll, Ann Arbor. 2726 sq. […]
Inventory Increases for Ann Arbor Real Estate Ann Arbor real estate inventory is finally starting to climb again and is up 17% with 54 new homes coming to the market during February. However, compared with February of 2012, inventory is down by 45% or 147 units. While still at historically low levels, this is great […]
Ann Arbor Real Estate Report – July 2012 Home sales remain steady at Country French Estates, one of Ann Arbor’s popular neighborhoods. There are currently 6 homes listed for sale and so far this year, 5 homes have sold. Homes Listed for Sale: 5676 Versailles, Ann Arbor. $249,900. 1749 sq. ft. +460 in finished lower […]
Ann Arbor Real Estate Sales Remain Strong Compared with last month, the Ann Arbor Real Estate market remains balanced with a 6.1 month supply of homes available in the Ann Arbor school district. The number of homes listed for sale has decreased slightly and will most likely continue to decline as the summer market wraps […]
Ann Arbor Condos Remain in a Balanced Market The current months supply of condos declined slightly from last month and remains in a balanced market at a 6, which means it would take 6 months for the current inventory to sell. The under $100,000 range is in a seller’s market and 39% of the listings […]
Ann Arbor Condo Sales Remain Steady Through Spring The overall Ann Arbor Condo market remains balanced with a 6.2 month supply. Compared with last month, the number of condos listed for sale, condo sales pending, and condos closed has inched up slightly. Here at The Bouma Group, we continuously analyze the market and track every […]
