Washtenaw County home prices rise, but fewer units sold in November
The average sale price for single-family, residential homes in Washtenaw County in November increased 12 percent over November 2010, according to the Ann Arbor Area Board of Realtors.
The average home sale price in November was $202,042, which is also an increase over October, when the average sale price was $188,892.
In Ann Arbor, the average sale price in November was $317,024, a drop from $319,384 in 2010.
Due to the higher sale prices in Washtenaw County, the dollar volume of properties sold year-to-date is up 2.4 percent over last year.
However, the number of residential units sold this year is down from 2010. In Washtenaw County, 3,730 properties have been sold, a decrease of 3.7 percent from last year.
Ann Arbor has the highest number of residential units sold in Washtenaw County this year at 850.