Ann Arbor Real Estate Talk

Ann Arbor Area Board of Realtor Market Data for July 2010

While the number of residential sales was down in July over last year, due to the end of the federal tax credits, the total number of sales for 2010 reflects a significant improvement of 19 percent over last year. Condo sales were strong in July, posting an 18 percent gain over last year and a 46 percent gain year-to-date, compared to last year.

Market Data for Ann Arbor Area by School Districts

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I have a new tool, I want to share with you. It is a way to take a quick peek at the market data in Ann Arbor and Saline.

When you click on the Google Map, it will give you a quick snap shot of the market trends for those areas. If you want a more detail report you can just add your email address and get the full report.

So how is the Ann Arbor Market?

Single family homes….medium price is up; inventory is down.

You can slide the bottom part of the graph to see where we were a few months ago.

Condo Market…medium prices up…inventory down.

Search Ann Arbor Houses for sale.

How close to list price are many of the Saline home sellers getting on their homes?

Well in May it looks like pretty darn close. Here are some graphs of all the closings on single family homes in Saline for May 2010.  I went a little over into June as the Ann Arbor Board of Realtors gives all the Brokers a few days to get their closings the last few days of the month recorded in the MLS.

Here are the actual listing prices to sale prices.

Hold your cursor over this graph and see the average price home sales in Saline, Michigan for months back.

Saline homes for sale.

What is happening in the Ann Arbor Area Market?

Take a look at the charts just released by the Ann Arbor Area Board of Realtors. Each area…Ann Arbor, Saline, Dexter, Chelsea, Manchester shows the changes that have occurred since 2009 to 2010.

In total there was an increase of 38% of homes sold from May 09 to May 10.

Condo’s saw a jump of 53%

Search Ann Arbor Houses and Condos with a direct MLS feed, includes Google Maps and Satellite Images.

The Ann Arbor Area Board of REALTORS released the April market reports.

Residential sales increased by 14% over April of last year and 16% since March.

Condo sales have doubled since last year.

Here is the data by Washtenaw County School Districts.

Condo Sales in April 2010.

Ann Arbor Homes and Condo’s for Sale