Ann Arbor Market Report
$590,989
AVERAGE PRICE OF 840 HOMES$537,500
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,529,109
AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES$744,577
AVERAGE PRICE OF 173 NEWLY BUILT HOMES$466,360
AVERAGE PRICE OF 75 HOMES WITH A POOL$873,494
AVERAGE PRICE OF 18 REDUCED PRICE HOMESAverage Home
| Average Price | $590,989 |
| Avg Bedrooms | 3.07 beds |
| Avg Bathrooms | 2.46 baths |
Average Price by Bedrooms
| 1 bedroom | $247,881 |
| 2 bedrooms | $468,355 |
| 3 bedrooms | $569,996 |
| 4 bedrooms | $638,154 |
| 5 bedrooms | $1,091,402 |
Ann Arbor Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 800 | 719 | 657 | 603 | 706 |
| Average Price | $599,625 | $570,417 | $547,363 | $510,861 | $499,626 |
| Avg Price Change | +5.12% | +4.21% | +7.15% | +2.25% | -5.95% |
| Median Price | $485,745 | $472,055 | $456,638 | $435,241 | $423,842 |
| Med Price Change | +2.90% | +3.38% | +4.92% | +2.69% | -0.26% |
| Avg Bedrooms | 3.1 beds | 3.02 beds | 2.98 beds | 2.99 beds | 3.01 beds |
| Avg Bathrooms | 2.52 baths | 2.44 baths | 2.41 baths | 2.39 baths | 2.44 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 840 | $590,989 | 74 days |
| Distressed Homes | 4 | $537,500 | 2 days |
| Multi-Million Dollar Homes | 101 | $1,529,109 | 179 days |
| Newly Built Homes | 173 | $744,577 | 204 days |
| Homes with a Pool | 75 | $466,360 | 39 days |
| Reduced Price Homes | 18 | $873,494 | 43 days |
