A spiked increase in Ann Arbor Single Family Home sales (in units)of 13.5% in the month of April 2009 (over April 2008), has been cause for optimism in the local market. However, average sales price continues to decline, year over year.
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 April 2008: 872
SFH Listings in April 2009: 663
Decrease: 24%
SFH Sales April 2008: 229
SFH Sales April 2009: 260
Increase: 13.5%
SFH Sales Year to Date 2009: 766
SFH Sales Year to Date 2008: 767
SFH Avg. Sales Price April 2008: $222,798
SFH Avg. Sales Price April 2009: $145,611
Decrease: 34.7%
SFH Avg. Sales Price Y.T.D. 2008: $217,631
SFH Avg. Sales Price Y.T.D. 2009: $151,111
Decrease: 30.6%
The Bundesen Team at Real Estate One. Ann Arbor Real Estate information.
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