Median Price Continues to Drop in Ann Arbor

The chart below shows the medium price of homes in Ann Arbor continues to drop. With a peak in October the prices continue to come down.

I am asked all the time when will we hit the bottom?  I wish I knew. In 2009 we sold the same amount of homes in the Ann Arbor Area, according to the Board of Realtors data. But….the prices were much lower.

Pricing your home to sell is the way to get it SOLD. Pricing above the market, or saying, “the buyers can always make an offer,” does not work. Buyer are looking for the best value.
Large Chart

Search homes and condo’s for Sale in Ann Arbor Area. There are some great opportunities for buyers right now.

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