Ann Arbor Market Report
$586,344
AVERAGE PRICE OF 925 HOMES$1,482,826
AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES$793,770
AVERAGE PRICE OF 177 NEWLY BUILT HOMES$578,044
AVERAGE PRICE OF 67 HOMES WITH A POOL$585,458
AVERAGE PRICE OF 44 REDUCED PRICE HOMESAverage Home
| Average Price | $586,344 |
| Avg Bedrooms | 3.07 beds |
| Avg Bathrooms | 2.41 baths |
Average Price by Bedrooms
| 1 bedroom | $291,078 |
| 2 bedrooms | $425,025 |
| 3 bedrooms | $561,362 |
| 4 bedrooms | $654,785 |
| 5 bedrooms | $1,104,716 |
Ann Arbor Home Price Trends
| 6/2021 | 5/2021 | 4/2021 | 3/2021 | 2/2021 | |
|---|---|---|---|---|---|
| Total Listings | 902 | 841 | 800 | 719 | 657 |
| Average Price | $591,412 | $595,230 | $599,625 | $570,417 | $547,363 |
| Avg Price Change | -0.65% | -0.74% | +5.12% | +4.21% | +7.15% |
| Median Price | $474,867 | $476,900 | $485,745 | $472,055 | $456,638 |
| Med Price Change | -0.43% | -1.85% | +2.90% | +3.38% | +4.92% |
| Avg Bedrooms | 3.09 beds | 3.09 beds | 3.1 beds | 3.02 beds | 2.98 beds |
| Avg Bathrooms | 2.44 baths | 2.47 baths | 2.52 baths | 2.44 baths | 2.41 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 925 | $586,344 | 76 days |
| Multi-Million Dollar Homes | 107 | $1,482,826 | 175 days |
| Newly Built Homes | 177 | $793,770 | 203 days |
| Homes with a Pool | 67 | $578,044 | 49 days |
| Reduced Price Homes | 44 | $585,458 | 42 days |
