October 2012 Ann Arbor Homes Update

Ann Arbor Home Sales Rise Even Higher

Ann Arbor Home Stats for October 2012

The trend of rising sales and shrinking inventory for Ann Arbor Homes continues as we enter the 4th quarter of the year. When comparing numbers from the end of October 2012 with those of October 2011, home sales are up 19% and inventory is down 23%. The current number of homes listed for sale, 426, is the lowest it has been in more than 2 years and the number of home sales (for the past 12 months) is the highest, 1246, since February 2011.

For a more detailed analysis of these statistics, or to find out what your home is worth in today's real estate market, contact the specialist with The Bouma Group at 734-761-3060 or info@bouma.com. We track all aspects of the market, by price range, schools, neighborhoods, and more and really have our finger on the pulse of real estate in Washtenaw County!

Posted Friday, November 16, 2012 by Martin Bouma
Tags: market update, Ann Arbor Homes, Ann Arbor Market Statistics, The Bouma Group Realtors, Martin Bouma