Key Takeaways: Ignore the negative news—the market is coming back down to earth Homeowners have record equity, and buyers have more inventory This is a great time to make a move in the market, so contact us today! You might hear a lot of doom and gloom news about the housing market lately, but let’s […]
Key Takeaways: Mortgage rates are going up, but they’re actually not that high. You’re still in control: you can get yourself a lower rate with these smart tips. Find opportunities in your local real estate market—contact us today! Many would-be homebuyers putting off buying their dream home because they are fearful of rising mortgage rates. […]
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 […]
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 […]
A Good Start to the New Year for Ann Arbor Homes With 2021 underway, you may be curious about how the housing market is looking. Ann Arbor homes did well with more inventory and higher pricing compared to last year. There were a total of 95 properties entered into the multiple listings service, an 8% […]
