Ann Arbor - Ypsilanti Regional Chamber issued the following announcement.
Single family home sales increased by 27.3% along with condominium sales rising by 45.8%. Total overall residential home and condominium sales were up by 30.4%.
New single family home listings increased in November, with a 27.7% rise compared to this time last year. The average single family home listing price rose by 9.4%. Single family
home sales increased by 27.3% compared to this time last year.
In November, new condominium listings rose with a 3.8% increase. Condominium sales saw a rise of 45.8% compared to last year. However, the average condominium list price
dropped by 8.8% along with the average sales price decreasing by 2.8% compared to that of 2019. During this past November, 70 condominiums were reported sold.
A total of 373 residential home & condominium listings sold during November compared to 286 residential home & condominium listings sales in 2019. Single family home sales
saw 303 listings reported sold.
Original source can be found here.
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