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September 7, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Michigan > Ann Arbor


Market Conditions Summary for Ann Arbor, Michigan


Reported by

Kathy Toth & Team
as of 9/6/2008:
BUYER SEMINAR Sept 23 http://www.kathytoth.com/custompages_reports.php?key=g63517. Currently there are 661 Ann Arbor homes for sale with average days on market of 77 for 2007 and 465 condos for sale with days on market of 92 for 2007. Those sellers... MORE->
About Kathy Toth & Team

Reported by

Angie Perino
as of 8/1/2008:
The Ann Arbor aea has a generous inventory of residential and condo listings. It's great for buyers! Because of the continuing large inventory, listings are tending to take longer to sell. Homes that are in move-in condition and updated are the... MORE->

Reported by

Barbara Gaines
as of 5/15/2008:
Although Ann Arbor still has a one year supply of housing on the market, presently the real estate market is fairly brisk. We are seeing full price offers on some homes, multiple offers on some homes, and a good supply of buyers looking, and even... MORE->
About Barbara Gaines

Reported by

Alex Milshteyn
as of 4/29/2008:
I am seeing an improvement in the market, the supply of listings is down about 30% year to date compared to 2007, and the sales have stayed at the same level year to date compared to 2007. There are good deals out there, but I am not seeing as many.... MORE->
About Alex Milshteyn

Reported by

Missy Caulk
as of 4/17/2008:
There are plenty of homes to choose from in this Buyers Market. We are seeing a lot of negotiating on both the buyers and sellers sides of the transactions. In the higher price ranges there is a trend of houses coming down at least 14 %. Call me... MORE->
About Missy Caulk


Average Current Market Rating: 2    (5 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (5 ratings)




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Falling

Rising

Navigate: Top > Michigan > Ann Arbor


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.40%
15 Year Fixed: 5.93%
1 Year Adj: 5.33%
(U.S. Weekly Averages)

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