Ann Arbor Area Real Estate: 5825 Sunset Trail

5825 Sunset Trail

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Bedrooms: 3 Bathrooms: 1.5 Square Feet: 1,425

Check out this Ann Arbor area, move in condition home with plenty of updates. If you’re looking for quality you are looking at the right home. Updated kitchen has granite counters and comes with all the appliances. Beautiful hardwood floors greet you at the front door and carries through to the family room with fireplace. Off the family room the sliding door is a newer Trax Deck that looks out on a well groomed fenced in back yard. Large bedrooms are located in the upstairs. Extra storage in the clean dry basement and two car attached garage. Updates include the following: Kitchen and granite counters, Roof, Deck, Water heater, Driveway, Flooring, Sump pump, and faucets and sinks. Show this to your fussiest buyer. You’ll be glad you did.

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Kathy Toth and Team

Keller Williams Realty

Number of Homes for Sale Down in Dexter Real Estate

Dexter Median Days on MarketThe Dexter Real Estate Market Report for inventory over the last 6 months has many of the same indicators as the Ann Arbor real estate market.

In the $200K to $300K price range there were 54 Active homes on the market  with the Median list price of $249,900 and approximately 40 median days of inventory on the market. There were 42 homes sold in this price range with a median sale price of $244,000.  The absorption rate of Dexter homes falls at 7.7 months of inventory approximately.

Dexter Dairy Queen
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Dexter Real Estate Report

The absorption rate is a leading indicator showing sellers the approximate months of inventory that is available on the market.  With 7.7 months of inventory the heat index shows us that this is middle ground for both buyers and sellers of Dexter homes.  Absorption Rate estimates how long it would take to sell off the current inventory of properties if all conditions remained the same.  Read the Dexter Real Estate Report in full to keep informed about your local Dexter market.  Find out what your neighbors home sold for.

Now look at what happens if you are a Seller or Buyer in a price range of $100K  to $200K.  There were fewer homes listed totaling 22  out of the 186 Active Listings with an average list price of $175,395 and there were 44 listings sold out of 140 Closed properties averaging 77 days on the market with an average sold price of $157,813.  The absorption rate moved in a direction favoring a Seller’s market vs. a Buyer’s market.  So, if you have a home in this price range in Dexter, this is the time to list your home.  We have bidding wars on the Dexter homes that are in perfect condition and priced properly.  We know how many showings you should be getting and guide you on the market conditions.  Your motivation determines your selling course.

Following the heat index, at the bottom of the chart below, the absorption rates shows that the Dexter Real Estate Market is running mild to cool  with 8 months of inventory favoring both Buyers and Sellers on average.  However, in the price range of $400K – $900K the Dexter Real Estate Market favors the Buyers.  There were 52 homes on the market and  17 homes sold.  

To search for listed properties in the Dexter area go to

Kathy Toth and Team | Keller Williams Market Center | Ann Arbor or call 734.426.6669

Real Estate Trending Upward in Dexter Real Estate Market

Dexter real estate market is trending upward.  I am so delighted to provide you with more encouraging news. Sales are continuing to be seasonally steady and this has both Sellers and REALTORS very happy.

When reviewing the chart below, we should pay close attention to the red line on the chart which indicates an upward trend in the Linear (Average Square Foot / Sale Price) which is now hovering around $117.00 per square foot for the year end 2011.  The Linear (Average Square Foot) price is up by approximately $10.00 per square foot from the same time in December 2009.  The number of homes sold is up approximately 10% from last year as well.  So, in review of the trend over the past 2 years in Dexter, the market looks to be stabilizing and trending upward.  No one’s complaining about this kind of good news as the year 2011 soon comes to a close.

Buyers as well as Sellers should pay close attention to these indicators.  While trends are showing signs of a recovery, it’s a great time to take the next step to home ownership or listing your home for sale.  Call to schedule an appointment.

I would like to thank Peter W. Hendershot, State Licensed Real Estate Appraiser, Business Development Manager, Affinity Valuation Group for putting this chart together for all of us to analyze.  This data is shared with your local REALTORs, lenders, builders and lawyers so we can assist our clients.

To take advantage of buying opportunity, look for all the real estate deals and investigate foreclosures here.

We know about homes before they hit the market, just call or email what you need.

 Positively Yours,

Kathy Toth, CDPE, Associate Broker: KW, CEO Kathy Toth and Team  734-426-6669


Dexter Market Results for April Show Price Per Square Foot Trend is Down Slightly

Dexter, Michigan Real Estate Results Shows 12.5 Months of Homes Available for Sale

Dexter residential supply is now about 12 months. It would take 12 months for all the homes to sell if no other homes came on the market. Anything over 6 months supply is a buyers market. For the Dexter Luxury Market, check out this post.

The Supply and Demand (#Units FS, Sold) chart below shows February ’10 compared to February ’11. The number of homes listed for sale is down 18.1 percent and the number of sold units is up 80 percent. The annual trend lines show the number of homes offered for sale decreased and number of Dexter sales is flat.

Below, Median Price (FS, Sold) February ’10 vs. February ’11, the Dexter sellers asking list prices are 10.2 percent lower and median sold prices are down 14.2 percent. The annual trend lines indicates slight upward motion in Dexter median sales prices.

The trend line charted by Affinity Valuations, Inc indicates the average sale price per square feet has been lowering to just under $110 per square feet for Dexter Real Estate through the last last 24 months.

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