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

Washtenaw County Comprehensive Market Data

Nationally the housing market is taking a beating. But, the last few days,interest rates have fallen again into the 5.65% range in Washtenaw County.

Sales price average was $196,751.00. For the year it is down 7.5%.

The average days on the market for homes and condos is 87. But according the Big House Data this does not reflect expireds and re-listings. If you figure those in the DOM on is close to 130.5.

Once again, the homes priced competively, and in good condition are selling first.

As a listing agent in Ann Arbor, I am giving more weight to the homes that are Active and that my sellers will be competing with. My goal is to have their home priced in the the 10 of all the homes buyers will look at.Buyers are smart in Washtenaw County and they will buy the perceived value in any home.

With so many choices for buyers to see, I want to be in that TOP 10 in Ann Arbor, Saline, Dexter, Chelsea, Ypsilanti, Ypsilanti Township, Milan, Pittsfield Township.

There were 375 closings in August. Year to date our closings are up 7.75%.

12 month Listings VS Sales

Average Sale Price in Washtenaw County

Average List Price In Washtenaw County

Posted by Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate on 09/09/2008 10:27 PM

Comments (10)

Market Reports in the Regional (Localism) Channel

wastenaw county market reports, localism

Originally posted at: Ann Arbor Undressed : Washtenaw County Comprehensive Market Data

This post has been included in Michigan Information Washtenaw County, MI Information
Post is included in group: Local Expert
Post is included in group: Michigan Real Estate
Post is included in group: Posts to Localism

10 Comments on Washtenaw County Comprehensive Market Data

SEP

2008

i just received news today from a friend of mine that sales in her area are down by 27%. That blows my mind! I'm glad to see that your area is holding its own.

GBU, Missy!

Missy, great detailed and summary market data. Your graphs are stunning.

Missy - well this is certainly well titled...very comprehensive. The graphs are terrific and provide lots of information, and for readers are easy to understand. Bet your clients appreicate the knowledge you bring to them about the market.

Jeff

Missy, Increased closings are a wonderful thing...now let's hope values follow soon!

SEP

2008

Hi Missy,

I'm agreement with pricing off of other actives vs. closed. For me it'a about positioning...period. That philosophy was the basis of one of my very first posts in the beginning of AR.

Our solds reflect a higher price than our actives and our pendings are even lower. That tells me a great deal, today's pendings are tomorrow comps, so why not get ahead of the market (and everyone else) and not wait for it to come down any more and still be even with everyone else?

Hi Missy nice stats, graphs and summary of the market. Do they supply you with the data if you figure in expireds and re-listings?

The average list price and average sales price graphs are very telling. I have been talking about being in the top 10 in our market or they just don't look at your listings.

Missy it does not sound like the market is as bad as it was in Washtenaw County. Your Washtenaw County Comprehensive Market Graphs look excellent.

Sounds like your areas are well into a recovery market.. which is wonderful.. now is the time for buyers to strike because who knows when the bottom is until one it one the way up looking back. (to paraphase GK)

SEP

2008

well done, very nicely presented , are you getting these reports from altos research?? thanks

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?