Washtenaw County Residential Market Reports 2nd Quarter
The second quarter data for Washtenaw County had both surprises and not some surprises. When you are out selling and working with buyers on a day to day basis, Realtors just instinctively know what is happening.
If a buyer wants a home in a certain neighborhood and a certain price point then the hunt is on. My last two listings both had offers within 2 weeks, a home in Saline and a condo in Ann Arbor.
Both of the sellers were aggressive in their pricing and both homes were in tip top shape.
In Ann Arbor there is currently a 6 month supply of homes on the market. Homes SW of Liberty to Main has the least amount of inventory with 5.5 months.
In comparison NW of US 23 to M 14 is showing the highest at 9.2 months.
Here are the charts, for residential homes in Ann Arbor, Chelsea, Dexter, Saline, Ypsilanti City, Milan, Ypsilanti Township, Van Buren, Whitmore Lake and Willow Run. If you have more questions or want me to email you a larger version just call me if you need more information. 
734-821-0757
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Bottom line certain area’s are in better shape for sellers and certain areas are great opportunities for buyers.
Originally published on BlogAnnArbor, by Missy Caulk
August 29th, 2008 at 5:24 pm
It’s interesting the data is similar in the Princeton area. Princeton homes remain in demand with the inventory, especially in some price ranges, quite limited. Perhaps a function of being a college town, similar to Ann Arbor.
August 31st, 2008 at 5:25 pm
[...] Caulk presents Washtenaw County Residential Market Reports 2nd Quarter posted at Ann Arbor Real Estate Talk, saying the second quarter data for Washtenaw County had both [...]