Home : Blogs : Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate : Ann Arbor and Saline Michigan Real Estate

All of Washtenaw County Housing Reports for 2nd Quarter

Washtenaw County which includes Ann Arbor, Saline, Dexter, Chelsea, Milan, Manchester, Ypsilanti, and Ypsilanti Township is experiencing 17 months of inventory. The 17 months is determined by the number of houses sold and the number of active listings on the market and how long it will take those houses to sell.

The homes moving the fastest are those homes priced between 100,000 and 199,000. There is only 11 months of inventory for those homes, which bids well for the First Time Home Buyers wanting to move into Washtenaw County. Lincoln Schools which is in Ypsilanti Township has the lowest inventory with Manchester having the most at 48 months.

The slowest market is the million dollar market with 75 months of inventory. Pfizer post buy-out homes are selling well and the buyers able to pick up those homes are getting tremendous values. They are beating out the competition in just about every sub. The long term effects of this for values across Washtenaw County is unknown at this time, but in a few months appraisers will be using those homes to justify sale prices throughout the county. Washtenaw County 2nd Quarter Market Data

Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate on 07/27/2007 05:28 PM

Comments (15)

washtenaw county reports for 2nd quarter

Originally posted at: Ann Arbor Undressed : All of Washtenaw County Housing Reports for 2nd Quarter

This post has been included in Michigan Information Washtenaw County, MI Information

15 Comments on All of Washtenaw County Housing Reports for 2nd Quarter

JUL

2007

Nice work. Sure your market appreciates it.

Missy - Same here the 100,000-200,000 goes real quickly, the big hiccup is in the 400,000-600,000. The 1,000,000 - 1,500,000 is doing okay. More than ever the public appreciates this type of information.

Gary, I hope so it is written for them in mind. I want the sellers to know it is not them, it is not the marketing, IT IS THE MARKET.

Jennifer, isn't it strange, certain price points ( the mid range ) is the slowest. ?

Missy - What a great report for Washtenaw County! Did you create these? They are great!

Paula, I wish..........no it comes from Black Tie Todd. He is awesome, but I pay him to do it for me and it is really understandable information for home sellers and buyers in Washtenaw County.

Missy,

Now those are some amazing stats! 75 months for upper end properties, yikes. Guess some really need to plan ahead...years ahead. No doubt folks really need to be realistic to market their homes.

At our MLS meeting today it was reported we are at 8 months for Orange county.

JUL

2007

Missy great stats and they do help the home owners understand it really is the market.

Lynda, 8 months for Orange County is alot.

Ashley, I hope so, because many people got caught up in the refi, the sky is the limit. Now that homes have come down they have houses that are financed for more than they originally paid.