Ann Arbor Market Report
$564,326
AVERAGE PRICE OF 689 HOMES$450,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,439,999
AVERAGE PRICE OF 84 MULTI-MILLION DOLLAR HOMES$699,453
AVERAGE PRICE OF 185 NEWLY BUILT HOMES$391,366
AVERAGE PRICE OF 53 HOMES WITH A POOL$412,820
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $564,326 |
| Avg Bedrooms | 2.99 beds |
| Avg Bathrooms | 2.43 baths |
Average Price by Bedrooms
| 1 bedroom | $256,756 |
| 2 bedrooms | $448,365 |
| 3 bedrooms | $557,917 |
| 4 bedrooms | $657,821 |
| 5 bedrooms | $901,951 |
Ann Arbor Home Price Trends
| 1/2021 | 12/2020 | 11/2020 | 10/2020 | 9/2020 | |
|---|---|---|---|---|---|
| Total Listings | 603 | 706 | 805 | 909 | 980 |
| Average Price | $510,861 | $499,626 | $529,334 | $541,127 | $533,659 |
| Avg Price Change | +2.25% | -5.95% | -2.23% | +1.40% | +2.43% |
| Median Price | $435,241 | $423,842 | $424,935 | $441,187 | $441,638 |
| Med Price Change | +2.69% | -0.26% | -3.82% | -0.10% | +1.13% |
| Avg Bedrooms | 2.99 beds | 3.01 beds | 3.12 beds | 3.18 beds | 3.19 beds |
| Avg Bathrooms | 2.39 baths | 2.44 baths | 2.5 baths | 2.56 baths | 2.59 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 689 | $564,326 | 103 days |
| Distressed Homes | 2 | $450,000 | 29 days |
| Multi-Million Dollar Homes | 84 | $1,439,999 | 212 days |
| Newly Built Homes | 185 | $699,453 | 208 days |
| Homes with a Pool | 53 | $391,366 | 51 days |
| Reduced Price Homes | 4 | $412,820 | 70 days |
