Average Days on the market condos in Ann Arbor was 105.
Average List price was $239,945, up 13.5% from April 2007.
Average Sales price for condos in Ann Arbor and Washtenaw County was $172,938.00 in April. This is down nearly 17.5% compared to April 2007.
April is the … (2 comments)
market conditions: April showers bring May flowers in Ann Arbor and a Brighter Market - 05/01/08 02:05 PM
The 1st day of May is here and it is chilly outside and it has been chilly in market too. Last year from April 1st 2007 to April 30th, 2007, we had closed on 148 homes in Ann Arbor. This April from April 1st to April 30th, 2008, … (17 comments)
market conditions: Ann Arbor, Washtenaw County End of the Year Market Reports - 01/08/08 07:49 PM
Well, here it is the end of the year and the housing data is in. Yes, we continued to sell homes in Ann Arbor, Michigan and throughout Washtenaw County. I know you are shocked by all the horror stories you read in the media. Oh well... people do need to move … (25 comments)
market conditions: She Rants, She Raves, (Sang to the tune of she bangs, she bangs) - 06/02/07 09:39 PM
Pfizer is leaving Ann Arbor, we have known for that for months. Fine ! Now all the Pfizer homes are coming on the market. Pfizer employees were given a 100 loss on sale clause. So if they purchased their home in 2001-2007, they will NOT make money on their house. Pfizer is … (37 comments)
market conditions: Selling Your Home In Ann Arbor The Prices Come Down Down Down - 04/16/07 05:56 PM
Well the market is coming down in Ann Arbor. I sold a home in a fantastic neighbor in Saline, Michigan in 2002. It turned over in September 2006 and sold for 415,000. with 5000.00 in concessions. Same house only a few rooms painted nice colors. My neighbors just listed there house. … (9 comments)
market conditions: Outlook 2007, the Economy in Michigan - 03/21/07 09:57 AM
Yesterday the Ann Arbor News sponsored their annual Outlook 2007 luncheon. First to the good news.....not much but Grady Burnett, Director of online operations at Google spoke and he was very positive. He said they chose Ann Arbor because of the environment of Ann Arbor and the University of Michigan. As … (4 comments)
market conditions: February Housing Stat's for Ann Arbor, MI - 03/16/07 07:40 AM
Here is the executive summary from Big House Data in Ann Arbor, MI. This is a great company that I hire to do the research and compile the data for me. You can read the entire report here. I maintain it is still a great time to buy, the sellers are … (2 comments)
market conditions: Leases in Ann Arbor. OUT of control. - 03/15/07 04:01 PM
Today, our Board of Realtors held a special class on Leases. As a Director on the Ann Arbor Area Board of Realtors, I had been pushing for this class for several months. We were seeing more and more sellers that can't sell their homes put them on the market to rent. I have literally … (6 comments)
market conditions: Pfizer's Relocation Package - 02/26/07 06:06 AM
I was called for an interview on Friday by the Ann Arbor News. They were doing a article on Pfizer's relocation package out of Ann Arbor. I was happy to talk to the editor doing the story and my thoughts were it's a good thing I did as she really did … (16 comments)
market conditions: Ann Arbor Listings UP in January - 02/16/07 10:50 AM
Ann Arbor breaks the number of sales to over 200 in January !! The highest it has been since January of 2002. That is fantastic news even when we were all punched in the gut with Pfizer leaving. The average sale price in Ann Arbor was 248,500 DOWN from 269,822 in … (1 comments)
market conditions: Pfizer Leaving Ann Arbor - 01/25/07 08:53 PM
Pfizer leaving Ann Arbor is a sober reminder of the market in Ann Arbor. To read an article about the future of Pfizer published on mlive.com read here. Pfizer's Ann Arbor campus is 2 million square feet of laboratory, production and office space spread across 25 buildings and set on 177 acres, … (6 comments)
market conditions: Ann Arbor and Washtenaw County Housing Data for 2006 - 01/25/07 08:37 PM
Here is some really good information about Ann Arbor and the current conditons of homes in Ann Arbor. Click HERE to see Ann Arbor and the surrounding area's data. With Pfizer announcing it was closing it's doors on Monday, the city is in shock !! Pfizer is the second largest employer in Ann … (2 comments)
market conditions: Sellers Market......What's that ?? - 01/25/07 08:04 PM
I just got back from Nashville, actually Brentwood, Franklin and Hendersonville. It is still a sellers market there. While I was gone, Pfizer decided to close its doors in Ann Arbor. WOW, tons of emails from agents in my office. No one knows quite what to think............or hope for...........we are already 5000 … (2 comments)
market conditions: Buyers Market in Homes Continues In Ann Arbor, Michigan - 01/15/07 07:13 PM
Well Saturday the Ann Arbor news revisited some of the stories it carried for several weeks this morning. It was a update on whether the people had sold their homes since last interviewed. Some had, some hadn't, most have had to reduce their prices to get them sold.
I always tell … (1 comments)
market conditions: No more PMI starting in 2007, Market Stat's - 01/04/07 05:53 AM
It has taken years to get through our legal system, but it has finally made it! Brand new legislation now allows homeowners to deduct mortgage insurance premiums from taxable income. The law is effective for the 2007 tax year. A couple of things to know: It is only for new … (5 comments)
market conditions: Ann Arbor Not As Bad as The Rest of the State - 12/17/06 08:32 AM
Illinois real estate developer Joseph Freed & Associates says its three downtown Ann Arbor projects are still moving forward. On Tuesday, the company closed on its purchase of a less-than-an-acre piece of property at the northeast corner of Washington and Division streets, where it plans to build Citi Centre Lofts. That … (2 comments)
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