December 2009 Housing Statistics For the Washtenaw County Housing Market

Finally some good news in the Ann Arbor housing market. Local housing activity took a favorable

turn upwards. December residential sales are up over last year according to statistics released by the Ann

Arbor Area Board of Realtors®. The 6% increase in single family residential sales and 63% increase in

condo sales reflect the momentum of increased activity spurred by the home buyer tax

credit incentives offered through November 30, 2009 and still low interest rates. The average residential

sales price rose for the third month in a row, to $178,059, showing strong year-end activity, after a

sluggish start to the year. Overall dollar volume was up 8% for the month of December, as compared to

last year, yet another indicator of a strong year-end market.

Information provided by the Ann Arbor Board of Realtors

http://www.aaabor.com/downloads/News/HousingStats/2008-2009/12dec2009.pdf