Welcome to the dynamic world of local real estate! As your neighborhood experts, we’re here to make understanding market statistics easy and enjoyable. Whether you’re dreaming of a new home or getting ready to sell, a clear grasp of these local numbers is your key to a seamless and delightful real estate experience. Let’s dive […]
Here are the Downtown Ann Arbor Condo Stats! The downtown Ann Arbor condo market saw 13 closings in the 4th quarter of 2022, with 4 of those sales being new construction. This compares to 10 closings in the 4th quarter of 2021 and 6 closings in 2020. Of the 13 closings, 3 occurred at 309 North […]
Monthly Sold Inventory Declines The month of August experienced less drastic change in its metrics. A total of 156 listings were added to the Ann Arbor housing market, only a 3.3% increase from the previous August. Properties sat on the market for an average of 17 days, which was a considerable 45.2% drop from the […]
Balmoral Park Market Update – August 2021 Luxurious features abound at the units at Balmoral Park, there are private porches with natural views, upscale kitchens, and cathedral ceilings. This Ann Arbor condo is also in a prime location near shopping areas, the football stadium, and more. Currently, there are 2 active listings and so far […]
The Average Days on the Market Drop to 12 for Ann Arbor Homes The Ann Arbor housing market seems to be continuing on a similar trajectory. There was a 25.3% increase in active listings from 162 last June to 203 homes recently. Sellers will be happy to know that the average days on the market […]
The Ann Arbor Housing Market Stays Similar In comparison to both last June and the year-to-date statistics, the Ann Arbor residential real estate market has remained consistent. There was a slight increase in the amount of new inventory from 204 to 208 this past month. Sold homes rose as well with 148 properties closing – […]
Homes are Selling Quickly in Ann Arbor In May, listings have decreased, sales have increased, and the average days on the market declined by 53.8% to only 12 day for Ann Arbor homes. 186 properties were listed this past month, which was a 20.2% difference from the 233 the prior May. Sellers will be pleased […]
Ann Arbor Homes Experience an Influx of New Inventory The Spring season brought many new listings with it this April, there were 172 Ann Arbor homes added to the market, which is a substantial 126.3% increase from the 76 entered last April. Even with more inventory, sellers will be pleased to know that the average […]
Less Listings and More Sales In the month of March, Ann Arbor homes listed a total of 153 homes, this was a decline of 17.3% from the 185 homes last March. Seller’s can be happy though because housing sales increased by 45.2% from 73 to 106 homes recently. The average listing price was $650,279, a […]
Despite higher listing prices, selling prices remain stable The second month of the new year isn’t experiencing any massive shifts for Ann Arbor homes so far. There was a 19.1% decline in the amount of new homes added to the market, from 131 to 106 recently. With a dip in inventory, the average listing price […]
