Wednesday, December 15, 2010

November 2010 Ann Arbor Home Sales Market Report

In November, Ann Arbor Single Family Home sales in units was down by almost 13% as compared to November 2009. The average sales price for Ann Arbor Single Family homes increased by 0.2% over November 2009. Year to date comparison for 2010 vs. 2009 shows a slight increase in unit sales, and an almost identical average sales price.

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 Sales November 2009: 268
SFH Sales November 2010: 236
Decrease: -12.8%

SFH Sales Y.T.D. 2009: 2,794
SFH Sales Y.T.D. 2010: 2,865
Increase: 2.5%

SFH Avg. Sales Price November 2009: $176,543
SFH Avg. Sales Price November 2010: $180,491
Increase: 0.2%

SFH Avg. Sales Price Y.T.D. 2009: $182,704
SFH Avg. Sales Price Y.T.D. 2010: $183,537
Increase: 0.004%