Monthly Market Update | August 2021
Sandi Smith
Sandi is passionate about real estate. She started in the business early on...
Sandi is passionate about real estate. She started in the business early on...
If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Ann Arbor market.
Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report showcases everything you need to know about local real estate trends.
Date Source: Ann Arbor Area Board of REALTORS®
Single Family Homes
406
New Listings
484
Homes for Sale
553
Pending Sales
349
Closed Sales
$398,037
Average Sales Price
17
Average Days on Market
166
Housing Affordability Index
1.3
Months of Supply
Percentage of List Price Received
102%
Condos and Townhomes
136
New Listings
176
Homes for Sale
167
Pending Sales
114
Closed Sales
$284,477
Average Sales Price
27
Average Days on Market
224
Housing Affordability Index
1.7
Months of Supply