The market is still a buyers market. Inventory is down slightly. The homes under $200k are selling and have switched to a buyers market with under 6 month supply. There are 623 homes for sale and 327 condos. Million dollar plus properties have a 5 year supply of housing. The Total Months of Supply for the Ann Arbor Market is about 9 months. We are getting multiple offers on the prettiest girls on the dance floor. For current statistics on your specific neighborhood or area, contact the Ann Arbor Real Estate Experts today at info@KathyToth.com or 734-669-0337. http://annarbortalks.com/ann-arbor-market-statistics/where-is-ann-arbor-real-estate-market-headed/ Downward pressure is from short sales and foreclosure deals. Take advantage of our staging service: http://www.homesofdexter.com/custompages_reports.php?key=s193025
Buyers are picky; they are choosing the best values, most choose to work with a buyers agents to move through the maze of choices, get advice on offers, Do you want deals? Cut and paste this link http://www.homesofdexter.com/custompages_reports.php?key=b81162
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ZIP Codes: 48103, 48104, 48105, 48106, 48107, 48018 Approximate Location Boundaries: Ann Arbor Schools
Location Characteristics: Vibrant area with University of Michigan, EMU, Washtenaw Community College, St Jospeh's and U of M hospitals, many parks and recreational areas nearby, lots of school involvement, make time for famous art fair in July when the downtown streets are alive with juried vendors, jugglers, food courts for 3 days. For virtual community tours, see http://www.guaranteeteam.com/communitytour.htm. For school data bases,virtual tours, calendars, and individual school websites, see http://www.washtenawschools.com. Look for me at the U of M games.