This frequently asked question has a complex answer. Through mid August, total volume in the Ann Arbor School district is up 4% to $180.2 million. Average prices are up 4% while unit sales are about even with 2010. If you look at sales below $500,000 and sales above that number, we get a different picture. Sales volume in the under $500,000 market is down 3% to $123.8 million while the average price is about flat year on year. Sales volume in the $500,000 and up market grew 27% to $56.4 million at an average price of $679,307. The average price in this price range is down 6% from 2010. Days on market rose to 137 as compared to 109 in 2010. This data suggests that the market has firmed and that expectations of buyers and sellers are more closely in sync.