Chelsea Market Update August Price per Square Foot Rising Trend

August 10th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics No Comments »

Chelsea, Michigan Real Estate Statistics show 9 months supply If no other homes come on the market, it would take almost 10 months for those homes to sell. Anything over 6 months represents a buyers market. Click on picture for Chelsea, Michigan Tour.

Play VisualTour

As of July, there were 167 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 7 and prices from $55,000 to $950,000. The average asking list price per square feet is now at $127.83 which is down a few dollars from last month and average asking price is up to $255,035. If you want Chelsea properties or Ann Arbor properties click either. 

There have been 170 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 0 to 6. The largest home sold is 4,725 square feet down to the smallest at 600 square feet. 

The average list price of the homes that sold in the last 12 months is $173,948 and the average sold price is up to $167,387. This represents an average sold price per square feet of $96.07.  The sellers got an average of 96% of asking price these last 12 months. 

The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC. The average sale price per square foot has trended down over the last 12 months and remains under $100.00 per square foot. 

 

 

  

There is about 10 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices. 

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are up 2.5% and sold prices are down 23.8% comparing July 09′ to July 10′ with trend lines showing slightly decreasing sold prices over the last 12 months. 

 

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from July 09′ to July 10′ have decreased – down 15% and sold units are up 10%. At least the number of active homes for sale is trending down slightly indicating we are on the way to stabilizing, due to the home buyer credits that were in place. To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out. Ask about staging your Chelsea home. 

 

There is still an abundance of choice, low interest rates and great prices. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market. We are certified distressed property experts. 

Want to know what your Ann Arbor Area home is worth

Ann Arbor Real Estate Statistics: Trend Prices Per Square Feet 

Dexter Real Estate Statistics: Trend Prices Per Square Feet 

Saline Real Estate Statistics: Trend Prices Per Square Feet

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Chelsea Market Update For July Show Price per Square Foot Sliding

July 15th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics No Comments »

Chelsea, Michigan Real Estate Statistics show 9.86 months supply If no other homes come on the market, it would take almost 10 months for those homes to sell. Anything over 6 months represents a buyers market. Click on picture for Chelsea, Michigan Tour.

Play VisualTour

As of June, there were 167 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 7 and prices from $55,000 to $950,000. The average asking list price per square feet is now at $127.83 which is down a few dollars from last month and average asking price is up to $255,035. If you want Chelsea properties or Ann Arbor properties click either.

There have been 170 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 0 to 6. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months is $173,948 and the average sold price is up to $167,387. This represents an average sold price per square feet of $96.07.  The sellers got an average of 96% of asking price these last 12 months.

The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC. The average sale price per square foot has trended down over the last 12 months and remains under $100.00 per square foot.


There is about 10 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 3% and sold prices are down 8% comparing June 09′ to June 10′ with trend lines showing slightly decreasing sold prices over the last 12 months.

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from June 09′ to June 10′ have decreased – down 15% and sold units are up 10%. At least the number of active homes for sale is trending down slightly indicating we are on the way to stabilizing, due to the home buyer credits that were in place. To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out. Ask about staging your Chelsea home.

There is still an abundance of choice, low interest rates and great prices. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market. We are certified distressed property experts.

Want to know what your Ann Arbor Area home is worth?

Ann Arbor Real Estate Statistics: Trend Prices Per Square Feet

Dexter Real Estate Statistics: Trend Prices Per Square Feet

Saline Real Estate Statistics: Trend Prices Per Square Feet

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Ann Arbor Michigan – Economic Index

June 9th, 2010 Ann Arbor Real Estate Experts Posted in Ann Arbor Market Statistics, Chelsea Real Estate Statistics, Dexter Real Estate Statistics, Seller Information No Comments »

I always want to make sure our Ann Arbor Real Estate clients are well informed on market activity and economic indicators (good or bad) which may impact performance.  We are here to help with all your
washtneaw County real estate needs.  To find the next perfect Ann Arbor home
or condo, search here www.KathyToth.com/property_search

Economist Dana Johnson had this to say about the local economy- “The Michigan economy softened in April, according to Comerica Bank’s Michigan Economic Activity Index.  April’s reading fell two points, to a
level of 82.”

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Chelsea Michigan Residential Sold Price Per Square Foot Trends Down

June 5th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics No Comments »

Chelsea, Michigan Real Estate Statistics show 9.3 months supply

Click on picture on left below for Chelsea, Michigan Tour.   

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As of June, there were 167 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 7 and prices from $55,000 to $950,000. The average asking list price per square feet is now at $127.83 which is down just a few small dollars from last month and average asking price is $255,035. If you want Chelsea properties or Ann Arbor properties click either.

There have been 170 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 0 to 6. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months is down to $173,948 and the average sold price is $167.387. This represents an average sold price per square feet of $96.07. The sellers got an average of 96% of asking price these last 12 months. The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC. The average sale price per square foot has trended down but remains under $100.00 per square foot.

There is about 10 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices. There are 10 months of supply.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 3% and sold prices are down 7.6% comparing June 09 to June 10 with trend lines showing slight decreasing sold prices over the last 12 months.

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from June 09′ to June 10′ is down 15% and sold units are up 10%. At least the number of active homes for sale is trending down slightly indicating we are on the way to stabilizing. To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out. Ask about staging your Chelsea home.

There is still an abundance of choice, low interest rates and great prices. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Washtenaw County, Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market.

Want to know what your Ann Arbor Area home is worth?

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Chelsea Real Estate Update Has 9.8 Months of Homes Available

May 13th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics No Comments »

Chelsea, Michigan Real Estate Statistics show 9.86 months supply If no other homes come on the market, it would take almost 10 months for those homes to sell.  Anything over 6 months represents a buyers market.  Click on picture for Chelsea, Michigan Tour.

Play VisualTour

As of April, there were 143 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 4 and prices from $55,000 to $950,000. The average asking list price per square feet is now at $133.67 which is up a few dollars from last month and average asking price is up to $263,626. If you want Chelsea properties or Ann Arbor properties click either.

There have been 174 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 0 to 6. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months is $183,324 and the average sold price is up to $176,085. This represents an average sold price per square feet of $94.67.  The sellers got an average of 96% of asking price these last 12 months.

The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC. The average sale price per square foot has trended down over the last 12 months and remains under $100.00 per square foot.

There is about 10 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 10% and sold prices are up 29% comparing April 09′ to April 10′ with trend lines showing slightly decreasing sold prices over the last 12 months.

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from April 09′ to April 10′ have decreased – down 26% and sold units are up 57%.  At least the number of active homes for sale is trending down slightly indicating we are on the way to stabilizing, due to the home buyer credits that were in place.  To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out.  Ask about staging your Chelsea home.

There is still an abundance of choice, low interest rates and great prices.  Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market.  We are certified distressed property experts.

Want to know what your Ann Arbor Area home is worth?

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Ann Arbor Area Real Estate Update for Chelsea, Michigan Sold Price Per Square Foot Trends Down

March 11th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics No Comments »

Chelsea, Michigan Real Estate Statistics show 15 months supply

Click on picture for Chelsea, Michigan Tour.

Play VisualTour

As of February 281, there were 133 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 4 and prices from $68,000 to $950,000. The average asking list price per square feet was up to $133.44 and average asking price is $268,422. If you want Chelsea properties or Ann Arbor properties click either.

There have been 147 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 1 to 6. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months $181,783 and the average sold price was $173,950. This represents an average sold price per square feet of $95.22. The sellers got an average of 96% of asking price these last 12 months.  The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC.  The average sale price per square foot has trended up but remains under $100.00 per square foot.

Picture 2

The chart below shows there is about 12 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices. There are 11.6 months of supply.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 11% and sold prices are up 11% comparing February 09 to February 10 with trend lines showing slight increasing sold prices over the last 12 months.

Picture 7

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from February 09 to February 10 are up 1% and sold units down 43%. At least the number of active homes for sale was trending down slightly indicating we are on the way to stabilizing.  To be one of the homes picked, keep in mind this is a price war and a beauty contest.  Consult with your agent about making your home stand out. Ask about staging your Chelsea home.

Picture 6

There is still an abundance of choice, low interest rates and great prices. If you know any one who is a first time home buyer looking to use the home buyer tax credit, updates are posted. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market.

Want to know what your Ann Arbor Area home is worth?

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Chelsea Market Statistics, Average Sold Price is $176,376

February 6th, 2010 Ann Arbor Real Estate Experts Posted in Chelsea Real Estate Statistics, Community of Chelsea No Comments »

Ann Arbor Area Real Estate Update for Chelsea, Michigan

Chelsea, Michigan Real Estate Statistics

Click on picture for Chelsea, Michigan Tour.

Play VisualTour

As of January 31, there were 146 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 7 and prices from $45,000 to $950,000. The average asking list price per square feet was up to $124.94 and average asking price is $248,180. If you want Chelsea properties or Ann Arbor properties click either.

There have been 105 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 1 to 6 bedrooms. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months $183,762 and the average sold price was $176,376. This represents an average sold price per square feet of $99.68 last month. The sellers got an average of 97% of asking price these last 12 months.  The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC.  The average sale price per square foot has trended up but remains under $100.00 per square foot.

Screen shot 2010-02-06 at 5.04.33 PM

The chart below shows there is about 12 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices. There are 11.6 months of supply.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 16% and sold prices are up 92% comparing January 09 to January 10 with trend lines showing slight increasing sold prices over the last 12 months.

Screen shot 2010-02-06 at 3.43.21 PM

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from January 09 to January 10 are down 4% and sold units up 11%. At least the number of active homes for sale was down slightly indicating we are on the way to stabilizing.  To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out. Ask about staging your Chelsea home.

Screen shot 2010-02-06 at 3.43.04 PM

There is still an abundance of choice, low interest rates and great prices. If you know any one who is a first time home buyer looking to use the home buyer tax credit, updates are posted. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market.

Want to know what your Ann Arbor Area home is worth?

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