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Market Activity Remains Strong through the First Quarter of 2014

Despite the winter weather, first quarter 2014 sales of houses and condominiums equaled the record pace of 2013.

Market activity remains very strong:
• Buyer demand is high.
• Mortgage rates remain low.
• Average sale prices grew by 18% in 2013.
• Sales rose in many Washtenaw County school districts and were down 2% in Ann Arbor.
• Reinhart maintained its dominant market position.

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For sound advice and help creating your real estate plan, visit our website today.

 

*Data is from the Ann Arbor Board of Realtors Multiple Listing Service for the period of 1/1/2014 – 3/31/2014


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Dave Lutton

Dave Lutton


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