Ann Arbor Area Board Reports Market Data for January 2008
Tuesday, February 19, 2008
The January
statistics for real estate sales in the Ann Arbor Area Board reports a
soft,
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stabilizing
market with residential sales declining 15 units. Condominiums declined by12
units.
Condominiums show an
increase of
$8,340 or 5.38 percent in Median Sales Prices, over January 2007.
*Effective April 2007 –
Rental properties are no longer included in the statistics published by
the Ann Arbor Board of REALTORS®. To provide a true comparison, rentals have
been removed from the January 2007 data.
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