Ann Arbor 2021 Market Update
Sandi Smith
Sandi is passionate about real estate. She started in the business early on...
Sandi is passionate about real estate. She started in the business early on...
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States rose to record levels, with the U.S. housing market rising to a record of 19.9%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Market Update showcases stats for single-family homes in Ann Arbor School District and includes everything you need to know about local real estate trends as we head into the new year.
Date Source: Ann Arbor Area Board of REALTORS®
Stats for Single Family Homes
$516,048
Average Sales Price
+9.8% for the year
20
Average Days on Market
-44.4% for the year
6
Median Days on Market
-53.8% for the year
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.