Washtenaw County Average Home Prices are up this month.
We had an uptick in Ann Arbor area average sale prices in January compared to last January. So the Average Sale Price went from $153,486 to $165,842: that is an 8 percent increase. But when we compare to the average sales price of December of $178,059, then we see decline of 6 percent. Yes I see a flicker in the tunnel. We will see the light in the tunnel during this stabilization period. We see an increase in sales volume January 09′ over January 10′ from $23,329,915 to $27,198,130 and an increase in sales units of 152 to 164. The trifecta has hit. See chart below.
This is an exciting time for buyers as the Ann Abor Area homes for sale/inventory is being gobbled up and if you like shopping, this is fast moving time in our market. The home buyer tax credits, incredible Ann Arbor real estate values including Washtenaw foreclosures are propelling buyers in Ann Arbor Real Estate. See low interest rates below.
Local Ann Arbor Area Real Estate Market Updates:
Ann Arbor Real Estate Statistics
Chelsea Real Estate Statistics
You know, we don’t have to hype Ann Arbor. For the last 21 years is has been and is my privilege to assist the Ann Arbor area sellers and Ann Arbor buyers bring their dreams to reality. I hope to see you around Tree Town; I’ll be the one with the calculator, electronic measuring device and sales contract and oh, by the way, check out buyer ebook.
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