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Ann Arbor Market Report

August 2021


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Monthly Market Update | August 2021

Sandi Smith

Sandi started in real estate early on...

Sandi started in real estate early on...

Sep 16 1 minutes read

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


Percentage of List Price Received

100.5%


Curious about what
your home is worth?

We're able to explain what these numbers mean for you and your home's current market value. 

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