Saline, Michigan Market Reports

By
Real Estate Broker/Owner with Missy Caulk TEAM

Saline, Michigan Market Reports 

When I think of the market in Saline, I like to see a comparison of where we are now vs where we were a year ago. 

You can see from the chart below that our inventory is DOWN. That is a good thing, unless you are a buyer looking in a certain price point or neighborhood. 

The other thing I like to look at is the price of homes, are they up or down? 

When working with buyers looking to purchase a home in Saline, Michigan it is important to know if the community is consistent, down or increasing in value. 

You can see from this graph that we hit a low ($192,000.)  in March 2011 but now the price point is up to almost $220,000. This brings me back to the first point, inventory in Saline, Suppy vs Demand equals higher sale prices. 

 

Real Estate Market Chart by Altos Research www.altosresearch.com

The next chart is done monthly by Affinity Valuations, a local appaiser that I have known for years and trust completely. 

Saline, MI Market Reports I like this chart because Pete graphs out for Saline, Michigan over a three year period. In this graph which Petes gleans from the Ann Arbor Area Board of Realtors, You can see the trend in price per square feet, number of sales each month.

The trend is price per square foot in Saline, Michigan has been consistent for the last three years. 

On my Ann Arbor Real Estate Talk blog you can get monthly updates on the market in Saline, either by checking back monthly or signing up for Executive Reports to be emailed to you. 

Originally posted Saline Market Report on Ann Arbor Real Estate Talk. 

 

 

Posted by

 

Missy Caulk, Ann Arbor Realtor

Missy Caulk, Broker/Owner of Savvy Realty Group can be reached at 734-926-9797 or email: Missy@MissyCaulk.com

Our Team of 6 agents are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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Stay strong, stay faithful, stay honest, stay loving, stay true to who you are, most importantly stay true to who God is as you'll be who you are, and you'll be happy, you'll be you, you'll be free. -Jamie Caulk

 

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Rainmaker
907,752
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Missy - It sounds like the deals are slowly disappearing in Saline, so if any buyers have been waiting for the prices to drop more, they are probably going to be disappointed. The longer they wait, the worse it will get.

Sep 03, 2011 06:41 AM #1
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William Johnson
RE/MAX Associates - La Jolla, CA
San Diego Real Estate Voice, GRI CRS e-Pro CDPE

Hi Missy, How are you? Seems like ages ago we started here in the rain. Your market is improving some over last year and that is always great news. Hope it continues and that soon we will see all of our markets progressing nicely.  I hope sales for you personally have been great!

Sep 05, 2011 01:01 PM #2
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Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Missy a simple economic fact, if the inventory is down the price will rise.  Probably a good time for buyers to jump in before the inventory falls further.

Yes how are you? really miss you around here.

 

Sep 05, 2011 01:50 PM #3
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Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

I'm here just not everyday and I don't comment on hundreds of posts a day anymore. Not enough time and AR loads too slow for me, most days. 

Sales are great this year, thanks for asking, William, miss you too. 

 

Sep 06, 2011 01:44 AM #4
Rainmaker
230,471
Bob Hertzog
Summit Home Consultants - Phoenix, AZ
Designated Broker

Missy, This is a very detailed market report of your area that will be useful to every homebuyers and owners in your area. As one of the expert Ann Arbor Short Sale Agents, you are the best realtor to consult in your area. Thanks for sharing this.

Sep 07, 2011 07:24 PM #5
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Missy. Its good to hear that your market is doing better. Also, your detailed explanation and your expert advice as Ann Arbor Short Sale Agents makes it easy for buyers and sellers to have a good idea of how Saline Michigan Market is doing. Thank you for sharing this. 

Sep 15, 2011 10:02 PM #6
Rainer
365,557
Hrisco & Associates
Hrisco & Associates | eXp Realty, LLC. - Roanoke, TX
-"When Experience Matters - The Agent You Need!"

Missy, I recently heard about your son Jamie and his accident and you have my sincerest condolenses in your loss, no words can be said to ease your pain, only time will heal it....may God be with you and your family at this challenging time.

Oct 22, 2011 12:03 PM #7
Rainmaker
260,146
Kim & Kristine Halverson
www.LiveWorkSiliconBeach.com, Santa Monica Real Estate :) - Santa Monica, CA
Realtors

Hello Missy ,I'm enjoying reading up on all your marketing Reports. Informative clean and straight to the point. You are truly one of ann arbor short sale agents finest! Thanks for these reports

Apr 11, 2012 02:20 AM #8
Rainer
383,769
Sidney Kutchuk
Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 - Temecula, CA
Property Management & Sales Experts 951-217-6745

Hi Missy,Another excellent report here.Definitely easy to understand and straight to the point.Good luck and Continue being the best Ann Arbor Short Sale Agent. 

Apr 18, 2012 04:34 AM #9
Rainmaker
708,202
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Hi Missy,Thank you for sharing the Market update of Saline ,Michigan.It makes it more easier for us understand and have an idea with the market status.Keep up the good work and stay the best Ann Arbor Short Sale Agent.

 

Jun 02, 2012 03:19 AM #10
Rainer
71,755
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Missy, Glad I got a chance to read this.Such an interesting market report. Thanks for always informing us and Keep being top notch Ann Arbor Short Sale Agent.

Oct 25, 2012 12:25 PM #11
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