The first quarter of the 2019 real estate market is behind us. Like the flowers are beginning to push their way through the previously snow and ice covered landscape, the housing market is heating up.
Below, you will find quarterly update images from some of the communities that Studio Four8 has had the honor of working within. Working from the Ann Arbor Area Board of Realtors statistics, the first quarter of 2019 saw a 16% increase in the number of residential (houses and condos) listings come to the market, compared to the first quarter of 2018. In that same time comparison, residential sales were up 1.2%. Residential sales prices were relatively flat for the same time period, increasing by .8% in the first quarter of 2019.
Below the images is a data table with the hard numbers for each month of the first quarter. For monthly stats images and summary, please see our post about the March 2019 real estate statistics.