Wednesday, May 18, 2011

April 2011 Ann Arbor Home Sales Market Report

Another mixed bag in the Ann Arbor Real Estate market for April 2011, with decreases in unit sales, as compared to April 2010, but an increase in Average Sales price, year to date as compared to the same period in 2010. Here are the latest statistics from the Ann Arbor Board of Realtors:

Single Family Home Sales April 2010: 297
Single Family Home Sales April 2011: 261
Decrease -12.2%

SFH Sales Y.T.D. 2010: 890
SFH Sales Y.T.D. 2011: 859
Decrease: -3.5%

SFH Avg. Sales Price April 2010: $175,989
SFH Avg. Sales Price April 2011: $171,593
Decrease: 2.5%

SFH Avg. Sales Price Y.T.D. 2010: $168,357
SFH Avg. Sales Price Y.T.D. 2011: $174,342
Increase: 3.5%