Image

By Jeff Roth
How is the Real Estate Market Doing Overall in Saline?
New listings are up this year. Overall supply of properties for sale is up and steady. Properties are selling quickly despite listings being up. The increased inventory is moderating prices in Saline.
New listings of single-family homes are up 36% from this time last year in the Saline School District according to the latest released sales data from the Ann Arbor Area Board of Realtors for June 2024.
Days on market are down 13.7% from last year with single-family homes selling, on average, in 63 days.
The percent of list price received was 102.4% for single-family homes, on average, and up 2.8% from this time last year.
Finally, the median sales price of a single-family home was $533,573 in June and up 2.2% from last year.
What is the Trend for New Listings in Saline?
The trend was headed down until this year.
There has been a marked increase in the number of new listings in 2024.
How is the Overall Supply of Properties for Sale in Saline?
Even though the number of new listings has taken off this year, the months supply of properties for sale has been higher and fairly stable with a recent uptick with the new listings.
How Quickly are Properties Selling in Saline?
Properties are selling quickly in Saline despite the increase in inventory.
How are Prices Doing in Saline?
The median sales price for all properties has been moderating and price appreciation is slowing as a result of increased inventory.
Price moderating can be seen in both the single-family home market and for condominiums in Saline although with less effect on the condo market as they are seen as a more “affordable” option.
Bottom Line For How Real Estate in Saline is Doing
In general, inventory is up, properties are selling quickly, but price appreciation is moderating.
Expect more of the same through the rest of the year but don’t expect interest rates to change much.
To your success!
Given all the angst, mistrust, innuendo, as well as apparent desire by some council members to have specific shortcoming of some of the other candidates as understood by the Committee put on public display, were I one of the other candidates still in the running, I would be giving serious consideration to saying "th
Wow. Ali has definitely drank the Marl Kool Aid. Very ironic that any time Marl is questioned you supply unwavering support for the Mayor regardless of the facts. Curious how your rhetoric sounds exactly like his 🤔
Oh goodness. It is not a matter of supporting or not supporting Marl. It is a matter of not supporting those who engage in unfounded and unsupported attacks and fuel the fans of controversy and division with unfounded attacks and innuendo. Unfortunately, there is so much of that garbage going on at the Federal le
Moderate rain, with a high of 73 and low of 62 degrees. Overcast in the morning, sunny in the afternoon and evening, overcast overnight.
I am confused about two references in the article referring to the candidates to be put forth and to the potential motion at Monday's meeting as "Mayor Marl's" selected candidates. These is a committee comprised of several members including members of City Council that was charged with and that did narrow the selec
In the live interview following the closed session, Mayor Marl actually addressed the candidates as “his choices;” stating that council “agreed with him.” Tran did repeat those words back to Marl for clarification and Mark said it again.
This whole thing smells and of course our “transparent” (not) mayor is again in the thick of it.
Disgusting. What has happened to the city I was born and raised in?🤬
It is expressing its displeasure with the current administration. Which is never “disgusting.” Peaceful protests are an essential freedom and absolute right.
Why do parents bring small children and expose them to ALL THIS hate, some children holding signs and have no idea what it means. I saw one young girl about 5, she looked terrified, almost to tears. Be careful what u wish for in a king, they don't fool around w rioting.