Tuesday, April 26, 2011

Q1 Ann Arbor Real Estate Dollar Volume Sales Report


One of our areas economic indicators of the Ann Arbor Real Estate market is an analysis of toal sales volume in dollars. As this graph indicates, our area is on a pretty strong uptrend. In a year to year comparison for the First Quarter, total sales volume is up by 8.5% over 2010, and up by 37.3% over 2009.

Friday, April 15, 2011

Ann Arbor Home Sales in Units Q1 2011 v. Q1 2010



After positive trends in unit sales for the first two months of 2011, as compared to the same period in 2010, we've seen a bit of a comparative decline in unit sales for Ann Arbor area homes. In March 2011, there were 279 units sold, compared to 320 units sold in March 2010. Year to date, however, unit sales are almost identical, year over year, with 720 units sold YTD in 2011 vs. 724 unit sales YTD in 2010.

Monday, April 11, 2011

March 2011 Ann Arbor Home Sales Market Report

The good news is that Ann Arbor Home average sales prices are trending positively. For Single Family Homes, average sales price for March 2011 is up by 11% over March 2010, and is up by almost 7% Year To Date 2011 vs. 2010. Here are the latest statistics from the Ann Arbor Board of Realtors:

Single Family Home Sales March 2010: 255
Single Family Home Sales March 2011: 229
Decrease -10.2%

SFH Sales Y.T.D. 2010: 588
SFH Sales Y.T.D. 2011: 595
Increase: 1.1%

SFH Avg. Sales Price March 2010: $162,740
SFH Avg. Sales Price March 2011: $180,645
Increase: 11%

SFH Avg. Sales Price Y.T.D. 2010: $164,600
SFH Avg. Sales Price Y.T.D. 2011: $175,872
Increase: 6.8%