Inventory Increases in Ann Arbor

Housing Changes in Ann Arbor Board of Realtors  

Last  9 Years

Listings ( all properties)                      Sales                         Days On Market

April 2007          1601                                      298                              87

April 2006           1588                                     355                              86

April 2005          1507                                      407                               77

April 2004          1102                                      372                              69

April 2003           989                                       430                              79

April 2002           987                                       430                              72

April 2001           962                                       371                              53

April 2000           731                                       321                              58

April 1999           844                                       402                              62

April 1998           823                                       398                              62

The amount of homes on the market in the Ann Arbor Area has doubled; we still sell approximately the same amount of homes each year.  Our days on the market have increased. The "Big 3" started restructuring and laying off people in 2001.

These are just an April comparison for the last 9 years. April is typically the beginning of our Spring Market in Ann Arbor Area and when we see the most activity.

Bottom line, we need more businesses and people to move into Ann Arbor and Washtenaw County to absorb the inventory.

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