Listing Prices are Down for Ann Arbor Condos, but Selling Prices Rise For the month of August, Ann Arbor condos have seen surprising statistics compared to August 2017. The average listing price is $310,161, which is 4.5% lower than the previous August where the ALP was $324,753. Perhaps this is because there is an increase […]
Tag Archives: market update
Ann Arbor Real Estate Report – August 2018
Prices Increase Overall but Homes Still Sell Below Asking Price Both listing and selling prices are increased for Ann Arbor homes compared to last August, as well as compared to the year to date statistics. Luckily for buyers, homes are selling below the listing price. Only 1 more new listing was entered this August compared […]
Ann Arbor Condo Report – July 2018
Ann Arbor Condo Prices Surge Compared to Last July In all aspects, Ann Arbor condos have seen an increase in pricing compared to last year. Comparative to July 2017, the amount of new units listed is increased a staggering 61%, from 59 condos to 95 entered this July. The average listing price has also greatly […]
Ann Arbor Real Estate Report – July 2018
Increased Inventory for Ann Arbor Homes Compared to last month and last July, inventory has increased for Ann Arbor homes. As well, average sale prices have also risen for both this month and so far this year. This July, 7% more listings have been entered compared to the prior July, 146 homes versus 136. The […]
Ann Arbor Condominium Report – June 2018
Ann Arbor Condos See a Decline in Sold Units but Prices Rise Both listing and selling prices are increasing for Ann Arbor condos. This year, only one more condo was listed in June, 87 units, compared to last year. Prices have seen a significant change of 29.4%, from the average listing price in 2017 being […]
Ann Arbor Real Estate Report – June 2018
Low Inventory Encourages Prices to Climb Although only slightly less, Ann Arbor homes saw a decrease in both listings and sales entered this June compared to the previous. The amount of new listings entered only differed by 1.5%, from 194 homes to 197 homes last June. Listing prices saw an increase of 5.9% though, with […]
Newport Creek, Ann Arbor Subdivision Report
Newport Creek Real Estate Report – June 2018 With stately executive homes in a beautiful, mature setting, Newport Creek is one of Ann Arbor’s most desired neighborhoods. There are currently 2 homes listed for sale, and so far this year 0 have sold. Homes for Sale: $1,025,000. 1715 Newport Creek, Ann Arbor. 4061 sq. ft., […]
Ann Arbor Condo Report – May 2018
Prices Increase for Ann Arbor Condominiums In all aspects, prices have increased for Ann Arbor condos in May; this is most likely because inventory has declined. This May, 87 new listings were entered which is 2.2% decrease compared to the 89 units last May. The average listing price rose a sizable 22.6%, from $265,209 to […]
Ann Arbor Real Estate Report – May 2018
With a Rise in New Listings, Prices Slowly Begin to Lower for Ann Arbor Homes Ann Arbor homes have seen an increase in the amount of listings this May, compared to last; and with the additional inventory prices are beginning to slowly reduce. An impressive increase of 53.4% more listings were entered this May compared […]
Saline Real Estate Report – April 2018
An Increase in Listings and Sales in Saline In April, Saline Real Estate saw a significant jump of 51% in the amount of listings entered this month compared to April last year, 62 versus 41. The average listing price did decline slightly from $501,642 to $490,153. A 12% increase in the amount of sales this year […]