Is Ann Arbor, MI 48106 a buyer’s or seller’s market?
Ann Arbor is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list103.1%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$258▼ −4.9% vs. last year
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology