April showers bring May flowers in Ann Arbor and a Brighter Market

The 1st day of May is here and it is chilly outside and it has been chilly in market too.  

Last year from April 1st 2007 to April 30th, 2007, we had closed on 148 homes in Ann Arbor.

This April from April 1st to April 30th, 2008, we only closed on 29 homes in Ann Arbor.  Now if that is not discouraging enough, of the 29 that sold, 9 were rentals and three were foreclosure's.

This is discouraging for home sellers who have a home to sell in either Saline or Ann Arbor.

If you include the entire MLS for the Ann Arbor Board of Realtors, this would include all the way from Brooklyn in Lenawee County to Brighton, down through Western Wayne County, there were 373 closings in 2007 in the month of April and only 82 for April 2008.

This means that out of the 1000 Realtors in Ann Arbor Area Board of Realtors, only 82 got a paycheck of any kind in the month of April.

The Missy Caulk TEAM had 9 of those closings in April, making us with about 11% of the total closings. Of the nine closing we had in April, three of the clients were referred to us, and six were buyers from the internet.

Now May is here and things are looking are brighter. 

Homes for Sale in Ann Arbor

100 to 200K        255 homes  39 under contract

201 to 300K        341 homes  66 under contract 

301 to 400K        161 homes  26 under contract

401 to 500K        81 homes     9  under contract

501 to 600K        47 homes     4  under contract

Over 600K          119 homes   11 under contract

Homes for Sale in Saline

100 to 200K      35 homes   9 under contract

201 to 300K      88 homes   11 under contract

301 to 400K      61 homes    7 under contract

401 to 500K      16 homes    1 under contract

Over 600K        32 homes    1 under contract       

I believe our Spring Market is just getting under way, as you can tell by the amount of homes that are now under contract in Ann Arbor. After a wet, cold, rainy April, we are ready.

Begin your home search here.