Saline Michigan Real Estate Market Update | September 2021

Every month Todd Waller dives deep into the previous month’s Saline Michigan real estate market stats and delivers exciting insights into the status of the Saline Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Saline Michigan Real Estate Market

Walk through the numbers with Todd Waller

The September 2021 Saline real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These September 2021 stats are compared to the previous year’s September 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of September 2021, was $466,181. Compared to September of 2020, this is up 3.12%. The median sales price also saw a jump in September. Median sales price fell 0.54% to $462,500, when comparing September 2020 to September 2021.

Days on Market

Properties sold in September of 2021 were on market for an average of 37 days. This is down 19.81% from September of 2020.

Properties Sold At or Above List Price

September of 2021 saw a 21.74% increase in the number of properties sold, compared to September of 2020, with a total of 56 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Saline market. In September of 2021, 64.29% of the properties sold at or above list price.

When over half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. To be sure, Saline has seen a higher share of property selling at/above list for quite some time.

What to do With This Information?

If you own a place in Saline, or are thinking of purchasing in Saline, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Saline sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Saline Michigan’s Real Estate Market Snapshot Shareable Graphic

Lincoln School District Real Estate Market Update | September 2021

Every month Todd Waller dives deep into the previous month’s Ypsilanti Township, Michigan real estate market stats and delivers exciting insights into the status of the Lincoln School district’s real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Lincoln School District Real Estate Market

In September 2021 the Lincoln school district’s real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These September 2021 stats are compared to the previous year’s September 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in the Lincoln School district in the month of September 2021, was $295,529. Compared to September of 2020, this is up 14.48%. The median sales price also saw a pretty significant jump in September. Median sales price rose 12.35% to $282,000, when comparing September 2020 to September 2021.

Days on Market

Properties sold in September of 2021 were on market for an average of 18 days. This is down over 46.32% from September 2020. This means that homes are sitting on the market for just barely over two weeks before being snatched up.

Properties Sold At or Above List Price

September of 2021 saw a 36.62% decrease in the number of properties sold, compared to September of 2020, with a total of 45 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Lincoln School district’s market. In September of 2021, 73.33% of the properties sold at or above list price. Out of the 45 properties sold, 33 were sold at or over list price.

When over 70% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in the Lincoln School district, or are thinking of purchasing in the Lincoln school district, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Lincoln Schools District Real Estate Market Stats Snapshot Shareable Graphic

Ann Arbor Michigan Real Estate Market Update | September 2021

Every month Todd Waller dives deep into the previous month’s Ann Arbor Michigan real estate market stats and delivers exciting insights into the status of the Ann Arbor Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Ann Arbor Michigan Real Estate Market

The 2021 Ann Arbor real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These September 2021 stats are compared to the previous year’s September 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Ann Arbor in the month of September 2021, was $450,978 Compared to September of 2020, this is up 6.23%. The median sales price rose this September. Median sales price rose 10.70% to $393,000, when comparing September 2020 to September 2021.

Days on Market

Properties sold in September of 2021 were on market for an average of 21 days. This is down nearly 42.51% from September 2020.

Properties Sold At or Above List Price

September of 2021 saw a 24.62% decrease in the number of properties sold, compared to September of 2020, with a total of 199 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Ann Arbor market. In September of 2021, 58.29% of the properties sold at or above list price; so that means of the 199 homes sold, 116 sold at or above listing price.

When more than half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in Ann Arbor, or are thinking of purchasing in Ann Arbor, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Ann Arbor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Given that this is Ann Arbor, though, demand will always run higher than other communities around South East Michigan. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Ann Arbor Michigan Real Estate Market Snapshot Shareable Graphic

Ypsilanti Real Estate Market Update | August 2021

Every month Todd Waller dives deep into the previous month’s Ypsilanti, Michigan real estate market stats and delivers exciting insights into the status of the Ypsilanti real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Ypsilanti’s Real Estate Market

The 2021 Ypsilanti real estate market continues to be a strong seller’s market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These August 2021 stats are compared to the previous year’s August 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Ypsilanti in the month of August 2021, was $209,754. Compared to August of 2020, this is up 5.79%. Median sales price rose 23.01% to $212,500, when comparing August 2020 to August 2021.

Days on Market

Properties sold in August of 2021 were on market for an average of 21 days. This is down nearly 15.84% from August 2020.

Properties Sold At or Above List Price

August of 2021 saw a 15.84% increase in the number of properties sold, compared to August of 2020, with a total of 76 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Ypsilanti market. In August of 2021, 78.95% of the properties sold at or above list price.

When 78% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. This is the highest percentage among the Washtenaw county municipalities that we track.

What to do With This Information?

If you own a place in Ypsilanti, or are thinking of purchasing in Ypsilanti, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Ypsilanti Real Estate Market Snapshot Shareable Graphic

Dexter, Michigan Real Estate Market Update | August 2021

Every month Todd Waller dives deep into the previous month’s Dexter, Michigan real estate market stats and delivers exciting insights into the status of the Dexter real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Dexter’s Real Estate Market

The 2021 Dexter real estate market continues to be a strong seller’s market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These August 2021 stats are compared to the previous year’s August 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Dexter in the month of August 2021, was $480,367. Compared to August of 2020, this is up 21.01%. The median sales price also saw a pretty significant jump in August. Median sales price rose 12.25% to $437,500, when comparing August 2020 to August 2021. There is some great home price appreciation happening here!

Days on Market

Properties sold in August of 2021 were on market for an average of 25 days. This is down 19.27% from August 2020.

Properties Sold At or Above List Price

August of 2021 saw a 5.56% increase in the number of properties sold, compared to August of 2020, with a total of 38 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Dexter market. In August of 2021, 65.79% of the properties sold at or above list price.

When over half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. 25 of the 38 properties sold at or above list price this month.

What to do With This Information?

If you own a place in Dexter, or are thinking of purchasing in Dexter, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Dexter Real Estate Market Snapshot Shareable Graphic

Lincoln School District Real Estate Market Update | August 2021

Every month Todd Waller dives deep into the previous month’s Ypsilanti Township, Michigan real estate market stats and delivers exciting insights into the status of the Lincoln School district’s real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Lincoln School District Real Estate Market

In August 2021 the Lincoln school district’s real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These August 2021 stats are compared to the previous year’s August 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in the Lincoln School district in the month of August 2021, was $299,639. Compared to August of 2020, this is up 23.57%. The median sales price also saw a pretty significant jump in August. Median sales price rose 20.93% to $299,900, when comparing August 2020 to August 2021.

Days on Market

Properties sold in August of 2021 were on market for an average of 10 days. This is down over 55.41% from August 2020. This means that homes are sitting on the market for just barely over a week before being snatched up.

Properties Sold At or Above List Price

August of 2021 saw a 30.51% decrease in the number of properties sold, compared to August of 2020, with a total of 41 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Lincoln School district’s market. In August of 2021, 82.93% of the properties sold at or above list price. Out of the 41 properties sold, 34 were sold at or over list price.

When over 80% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in the Lincoln School district, or are thinking of purchasing in the Lincoln school district, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Lincoln Schools District Real Estate Market Stats Snapshot Shareable Graphic

Ann Arbor Michigan Real Estate Market Update | August 2021

Every month Todd Waller dives deep into the previous month’s Ann Arbor Michigan real estate market stats and delivers exciting insights into the status of the Ann Arbor Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Todd Waller Breaks Down the Numbers

Ann Arbor Michigan Real Estate Market

The 2021 Ann Arbor real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These August 2021 stats are compared to the previous year’s August 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Ann Arbor in the month of August 2021, was $430,027. Compared to August of 2020, this is up 3.34%. The median sales price fell a little bit this August. Median sales price fell 3.83% to $352,950, when comparing August 2020 to August 2021.

Days on Market

Properties sold in August of 2021 were on market for an average of 23 days. This is down nearly 31.19% from August 2020.

Properties Sold At or Above List Price

August of 2021 saw a 8.67% increase in the number of properties sold, compared to August of 2020, with a total of 188 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Ann Arbor market. In August of 2021, 63.7% of the properties sold at or above list price; so that means of the 188 homes sold, 131 sold at or above listing price.

When more than half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in Ann Arbor, or are thinking of purchasing in Ann Arbor, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Ann Arbor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Given that this is Ann Arbor, though, demand will always run higher than other communities around South East Michigan. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Ann Arbor Michigan Real Estate Market
Ann Arbor Michigan Real Estate Market Snapshot Shareable Graphic

Saline Michigan Real Estate Market Update | July 2021

Every month Todd Waller dives deep into the previous month’s Saline Michigan real estate market stats and delivers exciting insights into the status of the Saline Michigan area real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Saline Michigan Real Estate Market

Walk through the numbers with Todd Waller

The July 2021 Saline real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These July 2021 stats are compared to the previous year’s July 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Saline in the month of July 2021, was $473,751. Compared to July of 2020, this is up 10.91%. The median sales price also saw a jump in July. Median sales price rose 7.85% to $454,048, when comparing July 2020 to July 2021.

Days on Market

Properties sold in July of 2021 were on market for an average of 23 days. This is down 39.44% from July of 2020.

Properties Sold At or Above List Price

July of 2021 saw a 20.69% decrease in the number of properties sold, compared to July of 2020, with a total of 46 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Saline market. In July of 2021, 69.57% of the properties sold at or above list price.

When over half of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. To be sure, Saline has seen a higher share of property selling at/above list for quite some time.

What to do With This Information?

If you own a place in Saline, or are thinking of purchasing in Saline, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor Saline sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Saline Michigan’s Real Estate Market Snapshot Shareable Graphic

Lincoln School District Real Estate Market Update | July 2021

Every month Todd Waller dives deep into the previous month’s Ypsilanti Township, Michigan real estate market stats and delivers exciting insights into the status of the Lincoln School district’s real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Lincoln School District Real Estate Market

In July 2021 the Lincoln school district’s real estate market continues to be a strong sellers market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These July 2021 stats are compared to the previous year’s July 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in the Lincoln School district in the month of July 2021, was $307,211. Compared to July of 2020, this is up 22.86%. The median sales price also saw a pretty significant jump in July. Median sales price rose 19.76% to $303,000, when comparing July 2020 to July 2021. These are possibly the highest averages in this area’s history.

Days on Market

Properties sold in July of 2021 were on market for an average of 10 days. This is down over 41.34% from July 2020. This means that homes are sitting on the market for just barely over a week before being snatched up.

Properties Sold At or Above List Price

July of 2021 saw a 12.73% decrease in the number of properties sold, compared to July of 2020, with a total of 48 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Lincoln School district’s market. In July of 2021, 87.5% of the properties sold at or above list price.

When over 80% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market.

What to do With This Information?

If you own a place in the Lincoln School district, or are thinking of purchasing in the Lincoln school district, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Lincoln Schools District Real Estate Market Stats Snapshot Shareable Graphic

Dexter, Michigan Real Estate Market Update | July 2021

Every month Todd Waller dives deep into the previous month’s Dexter, Michigan real estate market stats and delivers exciting insights into the status of the Dexter real estate market. Subscribe to the Studio Four8 YouTube channel and never miss an update again!

Dexter’s Real Estate Market

The 2021 Dexter real estate market continues to be a strong seller’s market, with low inventory levels, strong price appreciation, and many over list price sales occurring. These July 2021 stats are compared to the previous year’s July 2020 statistics, which means for the year over year comparisons, numbers of transactions, and days on market can be skewed because there was a hot moment where real estate was effectively brought to a standstill. (Thanks, Covid-19.)

Average Sales Price

The average sales price for a single family property (house or condo) sold in Dexter in the month of July 2021, was $432,183. Compared to July of 2020, this is up 2.10%. The median sales price also saw a pretty significant jump in July. Median sales price rose 9.21% to $415,000, when comparing July 2020 to July 2021. There is some great home price appreciation happening here!

Days on Market

Properties sold in July of 2021 were on market for an average of 23 days. This is down nearly 35.85% from July 2020.

Properties Sold At or Above List Price

July of 2021 saw a 23.73% decrease in the number of properties sold, compared to July of 2020, with a total of 45 properties receiving new owners.

A newly tracked statistic for the Studio is the percentage of properties each month that sell at or above list price. This metric is another way to gauge the supply/demand inequity in the Dexter market. In July of 2021, 71.11% of the properties sold at or above list price.

When 71% of all home sales are at or above list price, you can be sure that there is fierce competition among buyers for the limited stock of inventory that is coming to market. 32 of the 45 properties sold at or above list price this month.

What to do With This Information?

If you own a place in Dexter, or are thinking of purchasing in Dexter, Studio Four8 is here to help you navigate the current market, regardless of the conditions. The current market conditions favor sellers. This is evident by the short days on market, and the percentage of properties selling at and above list price. So, for sellers, this is a great time to be selling. Reach out to a Studio Four8 agent and learn how we maximize the market conditions for your specific home selling scenario.

For purchasers, this is a challenging market, to be sure. Chat with an agent at the Studio and learn how your offer will be considered by a seller, and how we can shorten your time looking for a property.

Dexter Real Estate Market Snapshot Shareable Graphic