Ann Arbor, MI

Finally a market snapshot which is all Ann Arbor areas combined. This chart shows that Ann Arbor residential asking prices compared to January last year are up 26 percent and sold prices are down by 37 percent.

So bottom line, the Ann Arbor market is stabilizing. Downward pressure is exerted by foreclosures and short sales. Again Ann Arbor homes are affordable, choices are abundant and low interest rate financing is available.

We all want to know when the market will turn around, so we are tracking the Ann Arbor Real Estate Market activity monthly. Pete Hendershot of Affinity Valuation Group, LLC says, the market bottomed. For your Ann Arbor Area home value, click here.

Ann Arbor Board of Realtors organizes our data by search areas by boundaries and schools as pictured. We do a ton of business with people who are relocating to Ann Arbor, usually coming to work for University of Michigan. Many have never been here. It’s always our pleasure to help others discover this gorgeous city and to show the different areas of Ann Arbor, each having a different feel. It’s important to find the place that feels like home to you. For last month’s data, see Ann Arbor Area Real Estate Statistics Charted Last Month.

Neighborhoods are unique so you knowing up to date Ann Arbor Real Estate information about specific areas and trends could be helpful. The Ann Arbor Board breaks down our Ann Arbor Real Estate into the areas in the map. Trend lines from Affinity Valuation Group, LLC help us determine the Ann Arbor Real Estate Market direction. For all areas in Ann Arbor, the average sold price per square feet are trending up slightly over the last 12 months; great news! Finally, if we look at data since Jan 2009, the average sales price per square feet inched up.

As far as Ann Arbor market statistics go, the number of houses for sale this January compared to last year are down 5 percent and sold homes are down 19 percent. The trend line confirms shrinking inventory.

Median prices of those homes for sale are up 8 percent and those sold are up 19 percent when comparing this January to last year. The gap between the asking prices and sold prices is narrowing per the trend lines, showing that the market is becoming more stable.

Thanks for the Source: Affinity Valuation Group, LLC.

Map areas for the MLS below.

Ann Arbor Real Estate, Kathy Toth & Team is excited to offer you FREE automated email information on the Market Value of your Washtenaw County home.This will help you learn your home’s up-to-date market value, complete with comparable properties in the Ann Arbor, Michigan area, including addresses, selling prices and photos. Cutting edge internet system that emails directly to you! It’s FREE, Simple and Dependable. No Obligation! JUST FILL IN THE FORM.

Speak with Kathy’s Team today to find out what your Ann Arbor home is worth! Experience red carpet treatment by calling us at (734) 669-0337 or emailing us at Info@KathyToth.com, Keller Williams Ann Arbor Market Center.

For a full report of all Area Market Statistics for Ann Arbor and surrounding area click here!

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Search Area 88 Ann Arbor Downtown/Burns Park, south of the University and walkable neighborhood.

There are 27 (vs.18 last month) active Ann Arbor homes in area Burns Park for sale ranging from $159,900 to $1,995,000 and average list price of $475,792 and list price per square feet of $220.47. The homes offered for sale range in size from 702 square feet to 4,130 square feet.

The average sold price per square feet trend is up per Affinity Valuation Group, LLC in Downtown/Burns Park, and south of the University.

There are 42 (same as last month) sold Ann Arbor homes in Burns Park this year with bedrooms ranging from 2 to 6 and baths from 1 to 4 with list prices ranging from $179,900 to $1,350,000. Sold prices from range from $180,100 to $1,150,000. Average sold price is $447,005. Average sold price per square feet is $200.86 and the average sold price per list price is now at 95 percent (same as last month).

The number of homes for sale compared to January of last year is up 15 percent and the nubmer of homes sold are the same. Actually the number of houses on the market over the last 12 months is down slightly, good news that inventory is shrinking.

Median price of homes for sale is up 6 percent and prices of sold homes is up 102 percent compared to January last year.

Schools are Eberwhite, Bach and usually Burns Park for elementary schools. The middle schools are Tappan and Slauson depending on location, along with Pioneer High School. Burn Park is in the center of the map.

For a full report of all Area Market Statistics for Ann Arbor and surrounding area click here!

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Search Area 87 North East Ann Arbor and North Campus, walking distance to UM Medical Center, goes East to Dixboro.

There are 49 (up from 33 last month) North East Ann Arbor homes for sale ranging from $50,000 to $1,495,000 and average list price per square feet of $62.80 and average list price of $375,295. The homes range in size from 720 square feet to 5,834 square feet with bedrooms from 2 to 7 and baths from 1 to 4.

The average sold price per square foot prices are flat for the last 12 months.

There are 99 (vs. 104 last month) sold Ann Arbor homes in North East Ann Arbor over the last 12 months with bedrooms ranging from 2 to 6 and baths from 1 to 4 with list prices ranging from $108,800 to $965,000. Sold prices range from $108,000 to $800,000. Average sold price is $271,417 and average sold price per square feet is $128.45 with the average sold price per list price at 95 percent. The sold homes range in square feet from 792 to 4,667 square feet.

The number of homes for sale compared to January of last year are up 12 percent and the number of homes sold are down 71 percent.

Median price of houses for sale is down 10 percent and prices of sold homes is down 25 percent over last year.

Schools are Northside, Thurston or Logan for elementary schools, Clague for Middle and Huron High or Skyline depending on location. This is the North East Ann Arbor upper right purple map quadrant.

For a full report of all Area Market Statistics for Ann Arbor and surrounding area click here!

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Area 86 Ann Arbor East Geddes and Huron River Drive, North Eastern section of the Ann Arbor schools including Superior township.

There are 58 (vs.34 last month) active Ann Arbor homes for sale in area 86 ranging from $242,500 to $2,495,000 and average list price per square feet of $198.12 and average list price of $672,474. The homes range in bedrooms from 2 to 8 and baths from 2 to 6. The size of home for sale range from 1,363 square feet to 8,392 square feet.

Area 86 average sold price per square feet trend line is down per Affinity Valuation Group, LLC.

There are 83 (same as last month) sold Ann Arbor homes in area 86 this year with bedrooms ranging from 2 to 6 and baths from 1 to 6 with list prices ranging from $159,900 to $1,290,000 and sold prices from $2,750 to $1,150,000. Average sold price is $494,743, the highest in Ann Arbor and average sold price per square feet is $162.89 with the average sold price per list price at 92 percent (down from 93 percent from last month).

The number of homes for sale compared to January of last year are up 3 percent and the number of homes sold compared to January 10′ are down 25 percent. The number of homes on the market over the last 12 months is about the same.

Median price of homes for sale are down 11 percent and home sold prices are up 51 percent.

Schools are Allen, Thurston, King, Burns Park, Angell elementary schools. Tappan or Clague are the middle schools, along with Huron High School. This are is aqua on the East side of Ann Arbor.

For a full report of all Area Market Statistics for Ann Arbor and surrounding area click here!

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Search Area 85 Ann Arbor Scarlett and East Pittsfield, bordering Ypsilanti school district as the Eastern border.

There are 76 (vs.57 last month) active Ann Arbor homes for sale in area 85 ranging from $31,500 to $889,900 and average list price per square feet of $106.96 up from $101.81. The size of the homes range from 710 to 3,054 square feet.

The average sold price per square foot prices has trended up over the last 12 months.

There are146 homes sold in the last 12 months in area 85 with bedrooms ranging from 1 to 5 and baths from 1 to 3. Sold prices range from $29,000 to $315,000. Average sold price is $150,338 down from $152,881 and average sold price per square feet is $91.32 with the average sold price per list price at 96 percent.

The number of homes for sale compared to January of last year is down 19 percent and the number of homes sold compared to January 09′ is down 50 percent. The number of homes on the market is shrinking.

Median price of homes for sale is up 6 percent and median price of sold is down 51 percent compared to January last year.

The schools are Pittsfield, Carpenter, Allen or Mitchell for elementary school and Tappan or Scarlett for middle school, along with Huron High. This area of schools – Pittsfield, Carpenter, Allen, Mitchell, Tappan, Scarlett, and Huron is the green section in the lower right quadrant of the map below.

For a full report of all Area Market Statistics for Ann Arbor and surrounding area click here!

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty