How Healthy is the Ann Arbor Real Estate Market?

By
Real Estate Agent with Ann Arbor Market Center Keller Williams 242301

Do you know how many regular sales vs. bank owned sales we have in Ann Arbor Schools?

Below is the statitstical table of the bank owned homes sold this year.  Fifty Six homes were sold with average sold price of $168,212 and price per sauwre feet average of $99.85.  Let's look at what the private owned sales results look like.

The private home sales results in Ann Arbor schools is below:  These homes averaged $319,198 sale price and $149.65 sold price per square feet.  So 56 banks homes sold compared to 498 private homes sold.  As far as units go, that represents eleven percent which is better than last year. 

So if you are looking for data and the best real estate deals, call us 734-254-9544 to work with the Ann Arbor Real Estate Experts - buyer agents who care.  Let me know what you think of our home search site - using Google street view.

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Comments (3)

Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

Kathy,

It looks like REOs comprise roughly 10% (56 or 554 total sales?) of your sales which is approx. the same as it is in Silicon Valley.  Short Sales are another ~20%.

Aug 09, 2011 06:10 PM
Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

Kathy great news for your area 498 homes SOLD... yahoo !

Have a fun weekend dallas homes for rent by owner dallas houses for rent by owner lynn911.com

Aug 12, 2011 02:37 PM
Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Lloyd and Lynn, Thanks for the visit and hope your markets get healthy~

Aug 13, 2011 02:28 AM