Ann Arbor Single Family Home average sales prices in January 2009 dropped by 31.8% from January 2008, and have dropped by 21.5% from December 2008.
Here are the latest statistics from the Ann Arbor Board of Realtors. These numbers are for Single Family Homes (SFH) Residential, and do not include condominiums:
SFH Listings in January 2008: 818
SFH Listings in January 2009: 615
Decrease: 24.9%
SFH Sales January 2008: 142
SFH Sales January 2009: 152
Increase: 0.07%
SFH Avg. Sales Price Jan. 2008: $224,831
SFH Avg. Sales Price Jan. 2009: $153,486
Decrease: 31.8%
SFH Avg. Sales Price Dec. 2008: $173,343
Dec - Jan Decrease: 21.5%
1 comment:
WOW, very sobering stats...Thank you for sharing the information.
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