Ann Arbor Undressed

Ann Arbor ="25 miles surrounded by reality".....and a blog about it. ActiveRain.com

Washtenaw Condo Market Reports for August 2008

Need to sell a condo in Ann Arbor or Washtenaw County?

Make absolutley sure it is priced right. The condo's priced right are selling. I sold one last month in 2 weeks, it was in excellent condition and the sellers listened to my advice on pricing.

August 2008 saw a total of $9.5 Million in closed condo transactions. There were 56 closings in August 2008, which is down 28% from August 2007.

The number of new condo listings is down 18.5% and year to date the listings for condo's is down 33%. Slowly but surely the inventory is getting absorbed.

The average list price was $170,137.00 down from August 2007 by 9.5%.3 year stats for condos in Washtenaw CountyCondo 12 Month List vs SalesCondo Average Sale Price

Condo Average List price

 

Missy Caulk, Ann Arbor Realtor

Missy Caulk & Team can be reached at 734-926-9797 or email: Missy@MissyCaulk.com

Our Team of 6 agents are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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Stay strong, stay faithful, stay honest, stay loving, stay true to who you are, most importantly stay true to who God is as you'll be who you are, and you'll be happy, you'll be you, you'll be free. -Jamie Caulk