November put an exclamation mark on the recovery in real estate listings. During the coronavirus lockdown last spring, the number of people putting single-family homes on the market in the Ann Arbor School District fell 57 percent compared to the same period in 2019. But November saw 122 new single-family listings, according to the Ann Arbor Area Board of Realtors Multi-Listing Service, 67 percent more than November 2019. By mid-December, the single-family total for the year was just seventy-nine short of the 1,738 recorded in 2019—when “lockdown,” “Covid-19,” and “social distancing” were not even part of our vocabulary. MLS condominium listings had already matched 2019’s total of 895.
November sales of both single-family homes and condominiums were up over November 2019: from seventy-six to 108 single-families and from thirty-six to forty-seven condos. Since sales numbers follow listings numbers, and listings were postponed a bit this year, year-to-date sales numbers were down about 7 percent, to 1,088, for single-family homes, and a bit more than 2 percent, to 615, for condos. Average prices were up a bit more than 3 percent for single-family houses, to $473,764, and down about 1.5 percent for condos, to $286,027.
Raising the condo average, 218 W. Kingsley #501 sold in November for $1.5 million. The 3,112-square-foot unit on the top floor of the Kingsley Condominiums offers sweeping views of downtown and adjacent neighborhoods. In addition to three bedrooms, two-and-a-half baths, and multiple decks, the new owner will enjoy two designated garage parking spots.
The lowest-priced home on the map is a 1,205-square-foot, two-bedroom, one-bath ranch at 5345 Church in Dixboro. Captain John Dix purchased his village site in 1824, the same year that John Allen and Elisha Rumsey founded Ann Arbor, but Dixboro never grew like its neighboring city. Though well-placed on the old Indian trail that became Plymouth Rd., it was bypassed when the railroad was built along the Huron River through Ypsilanti. Many today appreciate how that early loss helped to preserve the Superior Township hamlet’s farming traditions and rural feeling. This home, built in 1953 on half an acre of land, netted $161,000—$11,000 over its asking price.