The Ann Arbor Residential Real Estate Market is showing signs of steady growth. The Average sale price in the Ann Arbor School District has gone from $280,524 in 2009 to $299,251 in 2011, a 7% increase. Over the same time period the median price has risen from $230,000 in 2009 to $242,000 in 2011, a 5% increase. So far this year we have sold 801 residential properties and are on track to sell a little less than 900 properties for the year. We are expecting a good finish for 2011 and an even better spring market in 2012!