The Michigan Association of REALTOR’S (MAR) compiles and publishes a monthly analysis of each of the 40 participating REALTOR Associations. Our local Ann Arbor Area Board of REALTOR’S submits our local stats to MAR each month. This is a great way to stay abreast of Residential Sales across our entire Pure Michigan State.
Ann Arbor has been holding very consistent. Our August year-to-date average price was $251,943 up from 220,738 last August 2012; a 14.14% increase. And our 2013 year-to-date price was up in August 17.59% from $217.175 last year to $255,384 in August this year. We are still improving – See the Ann Arbor Area Board of REALTOR’s report for September 2013. We still need far more listings. Just click here to find out what your home is worth and have a report sent directly to your email inbox. We have buyers ready, willing, and pre-approved to purchase their new homes.
Looking around Michigan, the areas by the water showed nice improvement this year, like for instance Emmet County Board in the northwest lower peninsula that includes Alanson, Bay Harbor, Conway, Harber Springs, and Petoskey fared very well with a 77.20% increase making their average price this year $402,325 up from $227,046 – a whopping Average Price increase of $175,279. Amazing. The number of total average sales was only up by 4 units but still an improvement. Take a look at some of the other areas I have highlighted below. The number of units may not be huge in some areas but the state is showing so many great signs of improvement. Check out these waterfront properties.
Click chart to view a larger image of the entire report.
Are you looking for some entertainment this weekend. Michigan plays Indiana a home game this Saturday, October 19, 2013 with a game start time of 3:30 pm ET. Go out on the Huron River, it’s not too cold yet. Canoe the Huron River. Not to soon to pick out your Pumpkins and set the theme for Halloween. You know what I mean – Just Have Some Fun ! !
Kathy Toth and Team are your Ann Arbor Real Estate Experts at Keller Williams Realty.