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Ann Arbor Market Trends

Today, November 21, 2009

Median Sales Price in Ann Arbor

Embed Info
1 yr 5 yr Max
Ann Arbor median sales prices
Number of sold homes in Ann Arbor
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$210,000-4.5%$195,000$220,000$245,000
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Ann Arbor Summary

The median sales price for homes in Ann Arbor MI for Aug 09 to Oct 09 was $210,000. This represents an increase of 7.7%, or $15,000, compared to the prior quarter and a decrease of 4.5% compared to the prior year. Sales prices have depreciated 14.3% over the last 5 years in Ann Arbor.

The average listing price for Ann Arbor homes for sale on Trulia was $357,055 for the week ending Nov 10, which represents a decline of 0.4%, or $1,380, compared to the prior week and an increase of 0.5%, or $1,781, compared to the week ending Oct 20. Popular neighborhoods in Ann Arbor include Eberwhite, Bach, Bryant Pattengill East, Burns Park, Bryant Pattengill West, and Lakewood.

 

Average Listing Price in Ann Arbor

Embed Info
1 yr 5 yr Max
Ann Arbor average property price
Ann Arbor – number of properties
No. BedroomsWeek ending
Nov 10
w-o-wWeek ending
Nov 3
Week ending
Oct 27
Week ending
Oct 20
1 bedroom$156,102+3.8%$150,456$136,765$142,938
2 bedrooms$176,155+1.2%$174,034$175,398$175,758
3 bedrooms$292,146-0.7%$294,111$299,353$298,425
4 bedrooms$464,718-0.8%$468,474$468,476$458,788
All properties$357,055-0.4%$358,435$362,401$355,274
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Popular Neighborhoods in Ann Arbor

Neighborhoods Week ending
Nov 11
w-o-w Week ending
Nov 4
Week ending
Oct 28
Eberwhite 1 +2 3 3
Bach 2 -1 1 2
Bryant Pattengill East 3 +2 5 5
Burns Park 4 -2 2 1
Bryant Pattengill West 5 -1 4 4
Lakewood 6 +2 8 6
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Homes for Sale in Ann Arbor

2353 Parkwood Avenue, Ann Arbor MI
2353 Parkw…
$81,000
2 br  1 ba
2515 Meade Court, Ann Arbor MI
2515 Meade…
$90,000
3 br  2 ½ ba
1816 Virnankay Circle, Ann Arbor MI
1816 Virna…
$99,900
2 br  1 ba
3032 Turnberry Lane, Ann Arbor MI
3032 Turnb…
$185,000
4 br  2 ba
4708 Bayberry Circle, Ann Arbor MI
4708 Baybe…
$285,000
3 br  2 ba
5551 Gallery Park Drive, Ann Arbor MI
5551 Galle…
$180,000
4 br  3 ½ ba
View all Ann Arbor Homes for Sale
 
Stats & Trends
Ann Arbor

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Eberwhite

Bach

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  • Abbot
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  • Bryant Pattengill East
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  • Burns Park
  • Carpenter
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  • Haisley
  • King
  • Lakewood
  • Lawton
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  • 48103
  • 48104
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  • 48106
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  • 48109
  • 48113
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Nearby Cities

Cities
Median
sales price
Average
listing price
Dexter
$25,000
$340,258
Saline
$222,200
$297,654
Whitmore Lake
$174,750
$226,632
Ypsilanti
$110,000
$128,512
Superior Township
$578,850
$219,167
Chelsea
$335,500
$247,060
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Advice

Recent Q&A in Ann Arbor, MI

Q: Can I take advantage of the tax incentive even tho' I have lousy credit? 4 answers
Q: On a Michigan home REO (Indymac) I offered cash, $4,000 over asking, no contingencies, closing as fast as the bank wants. 4 answers
Q: What’s with the extra realtor fees? 23 answers
Q: Can I Buy home with my section 8? 1 answer
Q: I'm starting the home buying process and want to get pre-approved in the next few weeks. I've heard 11 answers

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More Advice:
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Nearby Cities Real Estate

  • Dexter Real Estate
  • Saline Real Estate
  • Hamburg Twp Real Estate
  • Whitmore Lake Real Estate
  • Ypsilanti Real Estate
  • Superior Township Real Estate

Nearby Cities Sold Homes

  • Dexter Sold Homes
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  • Hamburg Twp Sold Homes
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  • Superior Township Sold Homes

Nearby Cities Home Prices

  • Dexter Home Prices
  • Saline Home Prices
  • Hamburg Twp Home Prices
  • Whitmore Lake Home Prices
  • Ypsilanti Home Prices
  • Superior Township Home Prices

Ann Arbor Stats & Trends

  • Ann Arbor Real Estate Overview
  • Ann Arbor Schools
  • Ann Arbor Community Info
  • Ann Arbor Home Prices
  • Ann Arbor Real Estate
  • Ann Arbor Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Ann Arbor real estate market. Find Ann Arbor properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Ann Arbor average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Ann Arbor housing statistics are available for each Ann Arbor, MI neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.