| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 48108 | $123,279 | -24.1% | $158,768 | $162,500 | $179,700 | Ann Arbor | $210,000 | -4.5% | $195,000 | $220,000 | $245,000 |
Ann Arbor, 48108 Market Trends
Today, November 24, 2009
Ann Arbor, 48108 Summary
The median sales price for homes in ZIP code 48108 for Aug 09 to Oct 09 was $123,279. This represents a decline of 22.4%, or $35,489, compared to the prior quarter and a decrease of 24.1% compared to the prior year. Sales prices have depreciated 31.4% over the last 5 years in 48108, Ann Arbor.
The median sales price of $123,279 for 48108 is 41.30% lower than the median sales price for Ann Arbor MI. Average listing price for homes on Trulia in ZIP code 48108 was $284,613 for the week ending Nov 18, which represents an increase of 2.1%, or $5,726 compared to the prior week and an increase of 0.7%, or $2,055, compared to the week ending Oct 28.
| Location | Week ending Nov 18 | w-o-w | Week ending Nov 11 | Week ending Nov 4 | Week ending Oct 28 |
|---|---|---|---|---|---|
| 48108 | $284,613 | +2.1% | $278,887 | $281,175 | $282,558 | Ann Arbor | $355,467 | -0.3% | $356,710 | $358,246 | $361,809 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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