Tuesday, January 18, 2011
As the graph indicates, sales of homes in Ann Arbor are showing some encouraging trends. The Blue Line indicates 2009 Sales, and the Red line indicates 2010 Sales. The average sales price for homes within the Ann Arbor School District are up by almost 15% in December 2010, when compared with December 2009. Throughout the year of 2010, the average sales price has been a bit of a roller coaster ride, with a decline in the first Quarter, an increase in Average Sales Price of over 16% between April and August, followed by another Fall dip, followed by another almost 37% increase in the Fourth Quarter. These prices are the average for Single Family Homes, and do not include Condominiums. These statistics are from the Ann Arbor Board of Realtors.