Realty Times - Ann Arbor, Michigan Real Estate Market Conditions

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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 MARK Z. as of 11/9/2009:	HELLO FROM ANN ARBOR! Recently Ann Arbor has experienced a buyer's market with prices trending downward. The median price of a single family residence is approximately $285K. Please feel free to call me anytime at (248)... MORE-> About MARK Z.
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Reported by

Kathy Toth & Team
as of 11/9/2009:

The market is still a buyers market. Inventory is down slightly. The homes under $200k are selling and have switched to a buyer market with under 6 month supply. There are 623 homes for sale and 327 condos. Million dollar plus properties have a 5... MORE->
About Kathy Toth & Team

Reported by

Martin Bouma
as of 10/23/2009:

We have noticed that under $350,000 is a balanced market. There are certain locations with very little inventory that are actually a seller's market. Over $351,000 is definately a buyer's market. In the past month there has been a... MORE->
About Martin Bouma

Average Current Market Rating: 1.3 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.7 (3 ratings)

1	2	3	4	5
Falling			Rising

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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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