Ann Arbor Real Estate Sales Report: March 2009

Ann Arbor Single Family Home average sales prices in March 2009 dropped by 25.9% from March 2008, and have dropped by 28.4% year to date.

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 Listings in March 2008: 815
SFH Listings in March 2009: 707
Decrease: 13.4%

SFH Sales March 2008: 219
SFH Sales March 2009: 209
Decrease: 4.6%

SFH Sales Year to Date 2009: 505
SFH Sales Year to Date 2008: 534

SFH Avg. Sales Price March 2009: $150,263
SFH Avg. Sales Price March 2008: $202,569
Decrease: 25.9%

SFH Avg. Sales Price Y.T.D. 2008: $214,911
SFH Avg. Sales Price Y.T.D. 2009: $154,015
Decrease: 28.4%