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Single Family Homes Sold in Ann Arbor 2009

The graph provides price per square foot for the homes sold with the yellow bar and the lavender bar is the number of homes sold within the area.  Here are the numbers 2009:

The new Homeowner Affordability and Stability Plan has a program for first time homeowners.  This plan for 2009 requires the following:

• Buyers must NOT have owned a home within the past 3 years to qualify as a First Time Homeowner
• Purchase must be between Jan 1, 2009 and Nov 30, 2009.
• Buyers must make less than $75,000 per year or $150,000 per couple.
• Buyers must live in the home for at least three years or they will be required to pay back the credit.

If you are buying or selling your home you need to understand the areas of Ann Arbor as defined by the local Board of Realtors and our areas are not defined by zip code but instead by boundaries and schools.

You will want to be aware of these areas if you are searching for a home to purchase or if you are a seller searching what is for sale in your neighborhood.  The following is presented to give you an idea of what sold in each area in 2008 and looking ahead; what is for sale currently in 2009.

This map clarifies how the areas are divided.  Here is an overview map with the areas marked:

Each area is described in detail on the following page.

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