Ann Arbor Market Report
$620,481
AVERAGE PRICE OF 704 HOMES$1,467,470
AVERAGE PRICE OF 103 MULTI-MILLION DOLLAR HOMES$801,475
AVERAGE PRICE OF 180 NEWLY BUILT HOMES$560,631
AVERAGE PRICE OF 60 HOMES WITH A POOL$525,625
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $620,481 |
| Avg Bedrooms | 3.18 beds |
| Avg Bathrooms | 2.47 baths |
Average Price by Bedrooms
| 1 bedroom | $326,731 |
| 2 bedrooms | $421,998 |
| 3 bedrooms | $594,807 |
| 4 bedrooms | $667,463 |
| 5 bedrooms | $1,210,380 |
Ann Arbor Home Price Trends
| 9/2021 | 8/2021 | 7/2021 | 6/2021 | 5/2021 | |
|---|---|---|---|---|---|
| Total Listings | 791 | 906 | 895 | 902 | 841 |
| Average Price | $583,656 | $579,318 | $592,696 | $591,412 | $595,230 |
| Avg Price Change | +0.75% | -2.31% | +0.22% | -0.65% | -0.74% |
| Median Price | $473,270 | $468,637 | $481,467 | $474,867 | $476,900 |
| Med Price Change | +0.99% | -2.74% | +1.39% | -0.43% | -1.85% |
| Avg Bedrooms | 3.14 beds | 3.11 beds | 3.08 beds | 3.09 beds | 3.09 beds |
| Avg Bathrooms | 2.4 baths | 2.4 baths | 2.43 baths | 2.44 baths | 2.47 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 704 | $620,481 | 100 days |
| Multi-Million Dollar Homes | 103 | $1,467,470 | 213 days |
| Newly Built Homes | 180 | $801,475 | 244 days |
| Homes with a Pool | 60 | $560,631 | 62 days |
| Reduced Price Homes | 31 | $525,625 | 37 days |
