Tuesday, October 13, 2009

September 2009 Ann Arbor Home Sales Report

September2009 comparative analysis shows an average sales price drop of just 2.9% over September 2008. This is an average sales price improvement of +7.5% over the prior month (August - August) comparison. The Year to date average sales price drop improved from -17.8% in August to -16.1% in September. Also notable in September is an 8.1% increase in unit sales over September 2008. 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 September 2008: 633
SFH Listings in September 2009: 533
Decrease: 15.8%

SFH Sales September 2008: 244
SFH Sales September 2009: 264
Increase: 8.1%

SFH Sales Year to Date 2008: 2,398
SFH Sales Year to Date 2009: 2,245
Decrease: 6.4%

SFH Avg. Sales Price September 2008: $188,774
SFH Avg. Sales Price September 2009: $183,344
Decrease: 2.9%

SFH Avg. Sales Price Y.T.D. 2008: $220.089
SFH Avg. Sales Price Y.T.D. 2009: $184,829
Decrease: 16.1%

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