Ann Arbor and Washtenaw County Market Updates for 2nd Quarter

All of Washtenaw County Housing Reports for 2nd Quarter

Map of Washtenaw CountyWashtenaw County which includes Ann Arbor, Saline, Dexter, Chelsea, Milan, Manchester, Ypsilanti, and Ypsilanti Township is experiencing 17 months of inventory. The 17 months is determined  by the number of houses sold and the number of active listings on the market and how long it will take those houses to sell.

The homes moving the fastest are those homes priced between 100,000 and 199,000. There is only 11 months of inventory for those homes, which bids well for the First Time Home Buyers wanting to move into Washtenaw County. Lincoln Schools which is in Ypsilanti Township has the lowest inventory with Manchester having the most at 48 months.

The slowest market is the million dollar market with 75 months of inventory. Pfizer post buy-out homes are selling well and the buyers able to pick up those homes are getting tremendous values. They are beating out the competition in just about every sub. The long term effects of this for values across Washtenaw County is unknown at this time, but in a few months appraisers will be using those homes to justify sale prices throughout the county. Washtenaw County 2nd Quarter Market Data


About missycaulk

As a transplanted Southerner, I have lived and raised five children in the Ann Arbor area for the past 31 years. I know that this is a truly great place to live. My husband Mike (who personally trained our three quarterback sons) and I are deeply rooted in this warm and spirited community, which is a great advantage when it comes to finding your family the right home in the right place at the right price. I get dozens of referrals every year from former clients, many of whom have become friends, because they value not only my professionalism and knowledge of the market, but my honesty and straightforwardness. Purchasing a home is one of the bigger things we do in life. I promise you that the process of doing this, as well as the result, will be enjoyable and rewarding for both of us. In order to server you better, 3 Buyer Specialists work with all our buyers. This blog is about Ann Arbor and the surrounding area's real estate. It is only my opinion.
This entry was posted in Market Conditions. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s