Ann Arbor Market Report
$516,180
AVERAGE PRICE OF 726 HOMES$1,447,796
AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES$701,283
AVERAGE PRICE OF 134 NEWLY BUILT HOMES$405,666
AVERAGE PRICE OF 63 HOMES WITH A POOL$359,726
AVERAGE PRICE OF 22 REDUCED PRICE HOMESAverage Home
| Average Price | $516,180 |
| Avg Bedrooms | 3.04 beds |
| Avg Bathrooms | 2.47 baths |
Average Price by Bedrooms
| 1 bedroom | $246,904 |
| 2 bedrooms | $379,528 |
| 3 bedrooms | $500,085 |
| 4 bedrooms | $596,293 |
| 5 bedrooms | $913,987 |
Ann Arbor Home Price Trends
| 11/2020 | 10/2020 | 9/2020 | 8/2020 | 7/2020 | |
|---|---|---|---|---|---|
| Total Listings | 805 | 909 | 980 | 1,046 | 1,072 |
| Average Price | $529,334 | $541,127 | $533,659 | $521,021 | $517,024 |
| Avg Price Change | -2.23% | +1.40% | +2.43% | +0.77% | +3.02% |
| Median Price | $424,935 | $441,187 | $441,638 | $436,703 | $447,332 |
| Med Price Change | -3.82% | -0.10% | +1.13% | -2.43% | +4.42% |
| Avg Bedrooms | 3.12 beds | 3.18 beds | 3.19 beds | 3.17 beds | 3.18 beds |
| Avg Bathrooms | 2.5 baths | 2.56 baths | 2.59 baths | 2.54 baths | 2.45 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 726 | $516,180 | 103 days |
| Multi-Million Dollar Homes | 68 | $1,447,796 | 261 days |
| Newly Built Homes | 134 | $701,283 | 237 days |
| Homes with a Pool | 63 | $405,666 | 50 days |
| Reduced Price Homes | 22 | $359,726 | 36 days |
