The 16th of November Means Two Things
- The biggest college football rivalry game ever is just around the corner; and
- New monthly real estate market statistics.
Sorry, I had to get that out of my system. Outside of real estate, you will bump into the odd post on the family, wine-blogging and U of M Wolverine football.
So What’s This About Statistics?
For the first time since I have kept this blog, I am making my Ann Arbor Area Board of Realtors monthly housing statistics package available for all to view. Previously, I had posted individual charts and given a brief summary of what the numbers were showing.
Click on the photo to the left and you will be taken to a PDF of the metrics I currently chart from the Ann Arbor Area Board of Realtors monthly report.
Long story short: lots of inventory, flattening 12 month trend line of the number of new listings per month, sales off by nearly 12% for the year, and a “back of the envelope” average number of days on market of 167 days. Check the report for the whole story.
Note: statistics are based on the Ann Arbor Area Board of Realtors monthly report and only cover stats to do with houses and condominiums.