Ann Arbor - Ypsilanti Regional Chamber issued the following announcement on Sept. 10
New single family listings decreased in August, with a 2.4% fall compared to this time last year. However, despite the fall in single family listings, the average listing price increased by 3.7%. The overall sales of single family listings decreased by 1.6% compared to 2018 at this time.
New condominium listings saw an 0.9% decrease along with condominium sales falling by 24%. The average condominium list price fell by 21% and sales prices decreased 21%
compared to that of 2018. During this past August, we saw 81 condominiums sell and a total of 461 residential sales. Year-to-date, the total number of new residential listings compared to 2018 rose 1.6% and total residential sales decreased by 1.6% compared to 2018.
Original source can be found here.
Alerts Sign-up