31 homes have come on the market in the immediate Ann Arbor area in the past week. On the high end is a 4 bedroom, 3 1/2 bath newly renovated 3475 foot Energy Star home in the Angell School district listed at $875K, or almost $252 per square foot. On the other end of the spectrum is a 3 bedroom 1 1/2 bath, 975 square foot ranch, listed at Short Sale at $89K, or $92.20/ sq. ft..
There are a total of 637 active listings in Ann Arbor, which is up 3.7% over the same time last year. There are a total of 31 homes on the market at $1 million or above. The high is a 15,000 square foot home listed at $2,990,000. The average listing is a 3 bedroom, 2 bath, 2368 square foot home, which is on the market at $412,982, or $164.17/ sq. ft. This is up by 1% over the October 2008 Average List Price of $408,891.
Our Real Estate One First to Know program can make you an area Real Estate Insider. By signing up with our program, you can be emailed detailed information on new homes that meet your search criteria, the minute they hit the market. Real Estate One has all listings throughout the state of Michigan, not only in Ann Arbor. If you would like more information on First To Know, please visit www.RealEstateOne.com, or contact me for more details.