ANN ARBOR Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Ann Arbor averaged
5.93%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.7% and
one month ago for the week of 2022-05-19, the
average rate was 5.57%.
Ann Arbor's average rate one year ago was 3.06%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.88%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Ann Arbor 30 Year Fixed Rate | 2022-06-23 | 5.93% |
| Ann Arbor 30 Year Fixed Rate Refi | 2022-06-23 | 5.88% |
| Ann Arbor 15 Year Fixed Rate | 2022-06-23 | 5.34% |
| Ann Arbor 15 Year Fixed Rate Refi | 2022-06-23 | 5.04% |
| Ann Arbor 30 Year FHA | 2022-06-23 | 0.07% |
| Ann Arbor 30 Year FHA Refi | 2022-06-23 | 0.05% |
| Ann Arbor 30 Year USDA | 2022-06-23 | -0.1% |
| Ann Arbor 30 Year USDA Refi | 2022-06-23 | -0.01% |
| Ann Arbor 30 Year VA | 2022-06-23 | 0.1% |
| Ann Arbor 30 Year VA Refi | 2022-06-23 | -0.03% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ANN ARBOR, MI.
ANN ARBOR Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the ANN ARBOR, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
ANN ARBOR, MI's 271 lenders originated 16,792
loans during 2021. The total origination value was $4,898,740,000, with an average loan value of
$291,731.
The top ANN ARBOR lender as defined by loan originations is QUICKEN LOANS, LLC, with
1,150 loans originated. Their average total fees are
$4,371, which is $615
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee ANN ARBOR lenders (with over 10 loans originated) are
Chicago Mortgage Solutions LLC ($1,467), Wyndham Capital Mortgage, Inc. ($1,652), FirstBank ($1,849), FREEDOM MORTGAGE CORPORATION ($2,256) and JPMorgan Chase Bank ($2,361).
The lowest rate ANN ARBOR lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.40%), Morgan Stanley Private Bank (2.60%), FirstBank (2.75%), Bank of America (2.79%) and InterContinental Capital Group, Inc (2.81%).
ANN ARBOR, MI Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $520,195,000 | $510,175,000 | -1.9% | 10.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $203,020,000 | $303,945,000 | 49.7% | 6.2% |
| KeyBank | $302,460,000 | $238,395,000 | -21.2% | 4.9% |
| JPMorgan Chase Bank | $169,315,000 | $181,515,000 | 7.2% | 3.7% |
| UNIVERSITY LENDING GROUP, LLC | $236,735,000 | $173,580,000 | -26.7% | 3.5% |
| Old National Bank | $179,535,000 | $169,585,000 | -5.5% | 3.5% |
| The Huntington National Bank | $116,115,000 | $144,595,000 | 24.5% | 3.0% |
| LAKE MICHIGAN CREDIT UNION | $158,385,000 | $136,335,000 | -13.9% | 2.8% |
| PNC Bank | $83,250,000 | $135,155,000 | 62.3% | 2.8% |
| Level One Bank | $168,455,000 | $132,800,000 | -21.2% | 2.7% |
| Flagstar Bank, FSB | $78,610,000 | $109,840,000 | 39.7% | 2.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $107,725,000 | $108,065,000 | 0.3% | 2.2% |
| Bank of America | $80,950,000 | $105,835,000 | 30.7% | 2.2% |
| STAUNTON FINANCIAL, INC. | $146,195,000 | $95,080,000 | -35.0% | 1.9% |
| Bank of Ann Arbor | $151,185,000 | $95,015,000 | -37.2% | 1.9% |
| MORTGAGE 1 INCORPORATED | $125,725,000 | $80,995,000 | -35.6% | 1.7% |
| CALIBER HOME LOANS, INC. | $59,690,000 | $66,065,000 | 10.7% | 1.3% |
| Independent Bank | $83,520,000 | $65,860,000 | -21.1% | 1.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $65,825,000 | $63,965,000 | -2.8% | 1.3% |
| BETTER MORTGAGE CORPORATION | $37,085,000 | $63,695,000 | 71.8% | 1.3% |
| U.S. Bank | $53,960,000 | $60,270,000 | 11.7% | 1.2% |
| PULTE MORTGAGE LLC | $28,455,000 | $55,480,000 | 95.0% | 1.1% |
| DFCU FINANCIAL | $37,280,000 | $54,840,000 | 47.1% | 1.1% |
| Wells Fargo Bank | $37,740,000 | $53,750,000 | 42.4% | 1.1% |
| LOANDEPOT.COM, LLC | $34,415,000 | $50,920,000 | 48.0% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $40,860,000 | $48,725,000 | 19.2% | 1.0% |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $62,095,000 | $45,980,000 | -26.0% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $30,140,000 | $44,125,000 | 46.4% | 0.9% |
| GUARANTEED RATE, INC. | $23,450,000 | $39,365,000 | 67.9% | 0.8% |
| BERKELEY POINT CAPITAL LLC | $38,925,000 | n/a | 0.8% | |
| Mr. Cooper ( Nationstar Mortgage ) | $37,325,000 | $38,915,000 | 4.3% | 0.8% |
| East West Bank | $36,205,000 | n/a | 0.7% | |
| Santander Bank, N.A. | $36,005,000 | n/a | 0.7% | |
| FREEDOM MORTGAGE CORPORATION | $40,050,000 | $34,385,000 | -14.1% | 0.7% |
| Morgan Stanley Private Bank | $3,325,000 | $33,620,000 | 911.1% | 0.7% |
| Fifth Third Bank | $26,010,000 | $32,795,000 | 26.1% | 0.7% |
| Plains Commerce Bank | $46,520,000 | $31,125,000 | -33.1% | 0.6% |
| Citizens Bank | $30,125,000 | $30,780,000 | 2.2% | 0.6% |
| TCF National Bank | $58,020,000 | $29,655,000 | -48.9% | 0.6% |
| GreenStone Farm Credit Services, FLCA | $26,010,000 | $28,795,000 | 10.7% | 0.6% |
| The Dart Bank | $56,205,000 | $28,440,000 | -49.4% | 0.6% |
| RUOFF MORTGAGE COMPANY, INC. | $35,010,000 | $28,085,000 | -19.8% | 0.6% |
| Goldman Sachs Bank USA | $985,000 | $27,865,000 | 2,728.9% | 0.6% |
| MORTGAGE CENTER L.C | $31,590,000 | $26,955,000 | -14.7% | 0.6% |
| NEWREZ LLC | $11,925,000 | $26,760,000 | 124.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $32,520,000 | $25,000,000 | -23.1% | 0.5% |
| ACADEMY MORTGAGE CORPORATION | $27,160,000 | $24,715,000 | -9.0% | 0.5% |
| MICHIGAN MUTUAL, INC. | $39,780,000 | $22,850,000 | -42.6% | 0.5% |
| WALKER & DUNLOP, LLC | $38,685,000 | $22,460,000 | -41.9% | 0.5% |
| HOMESITE MORTGAGE, LLC | $18,395,000 | $20,815,000 | 13.2% | 0.4% |
| MICHIGAN FIRST CREDIT UNION | $13,015,000 | $20,140,000 | 54.7% | 0.4% |
| TBI MORTGAGE COMPANY | $18,510,000 | $18,235,000 | -1.5% | 0.4% |
| Comerica Bank | $21,995,000 | $18,110,000 | -17.7% | 0.4% |
| Ally Bank | $13,975,000 | $17,945,000 | 28.4% | 0.4% |
| COMMUNITY FINANCIAL CREDIT UNION | $21,300,000 | $17,910,000 | -15.9% | 0.4% |
| UNION HOME MORTGAGE CORP. | $16,720,000 | $17,835,000 | 6.7% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,770,000 | $17,500,000 | -1.5% | 0.4% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $13,650,000 | $16,125,000 | 18.1% | 0.3% |
| Mortgage Research Center, LLC | $11,050,000 | $16,095,000 | 45.7% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $8,610,000 | $15,955,000 | 85.3% | 0.3% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $16,925,000 | $14,770,000 | -12.7% | 0.3% |
| ORIX REAL ESTATE CAPITAL, LLC | $13,825,000 | n/a | 0.3% | |
| First Federal Bank of the Midwest | $3,525,000 | $13,320,000 | 277.9% | 0.3% |
| The State Bank | $8,195,000 | $12,555,000 | 53.2% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $9,980,000 | $12,385,000 | 24.1% | 0.3% |
| Michigan Educational Credit Union | $12,240,000 | n/a | 0.2% | |
| Northstar Bank | $9,310,000 | $11,710,000 | 25.8% | 0.2% |
| FirstBank | $7,840,000 | $11,585,000 | 47.8% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $6,230,000 | $11,485,000 | 84.3% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $7,565,000 | $11,315,000 | 49.6% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $4,845,000 | $10,335,000 | 113.3% | 0.2% |
| Chicago Mortgage Solutions LLC | $5,485,000 | $9,845,000 | 79.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $10,090,000 | $9,715,000 | -3.7% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $5,625,000 | $9,635,000 | 71.3% | 0.2% |
| Charles Schwab Bank, SSB | $10,220,000 | $9,180,000 | -10.2% | 0.2% |
| Associated Bank | $22,010,000 | $9,090,000 | -58.7% | 0.2% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $11,915,000 | $8,865,000 | -25.6% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $6,540,000 | $8,830,000 | 35.0% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $5,450,000 | $8,390,000 | 53.9% | 0.2% |
| UBS Bank USA | $5,120,000 | $8,190,000 | 60.0% | 0.2% |
| First Federal Savings and Loan Association of Lakewood | $3,175,000 | $8,160,000 | 157.0% | 0.2% |
| GENISYS | $9,000,000 | $8,050,000 | -10.6% | 0.2% |
| NBKC BANK | $5,870,000 | $7,470,000 | 27.3% | 0.2% |
| ROSS MORTGAGE CORPORATION | $16,305,000 | $7,460,000 | -54.2% | 0.2% |
| ZILLOW HOME LOANS, LLC | $2,165,000 | $7,275,000 | 236.0% | 0.1% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $5,945,000 | $7,240,000 | 21.8% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $6,115,000 | $6,890,000 | 12.7% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $13,395,000 | $6,795,000 | -49.3% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $3,455,000 | $6,635,000 | 92.0% | 0.1% |
| North American Savings Bank, F.S.B. | $4,475,000 | $6,315,000 | 41.1% | 0.1% |
| InterContinental Capital Group, Inc | $2,530,000 | $6,220,000 | 145.8% | 0.1% |
| CREDIT UNION ONE | $21,240,000 | $5,550,000 | -73.9% | 0.1% |
| Northpointe Bank | $7,495,000 | $5,380,000 | -28.2% | 0.1% |
| SOFI LENDING CORP. | $3,285,000 | $5,155,000 | 56.9% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $4,870,000 | $5,135,000 | 5.4% | 0.1% |
| First Merchants Bank | $2,185,000 | $5,020,000 | 129.7% | 0.1% |
| Strong Home Mortgage, LLC | $5,455,000 | $4,965,000 | -9.0% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $4,750,000 | $4,930,000 | 3.8% | 0.1% |
| Citibank | $15,575,000 | $4,585,000 | -70.6% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $7,015,000 | $4,575,000 | -34.8% | 0.1% |
| Platinum Home Mortgage Corporation | $4,180,000 | $4,450,000 | 6.5% | 0.1% |
| ARBOR FINANCIAL CREDIT UNION | $1,550,000 | $4,335,000 | 179.7% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $2,870,000 | $4,250,000 | 48.1% | 0.1% |
| Carrington Mortgage Services, LLC | $5,250,000 | $4,245,000 | -19.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,575,000 | $4,145,000 | 163.2% | 0.1% |
| AmeriHome Mortgage Company, LLC | $2,160,000 | $4,115,000 | 90.5% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $3,290,000 | $4,085,000 | 24.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $7,040,000 | $3,855,000 | -45.2% | 0.1% |
| MMS MORTGAGE SERVICES, LTD. | $8,845,000 | $3,830,000 | -56.7% | 0.1% |
| CP Financial Credit Union | $750,000 | $3,805,000 | 407.3% | 0.1% |
| M&T Realty Capital Corporation | $3,785,000 | n/a | 0.1% | |
| Frankenmuth Credit Union | $1,950,000 | $3,730,000 | 91.3% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,465,000 | $3,720,000 | 153.9% | 0.1% |
| M/I FINANCIAL, LLC | $3,520,000 | $3,675,000 | 4.4% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,915,000 | $3,625,000 | 24.4% | 0.1% |
| J. VIRGIL, INC. | $1,290,000 | $3,560,000 | 176.0% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,090,000 | $3,465,000 | 12.1% | 0.1% |
| Mercantile Bank of Michigan | $3,950,000 | $3,390,000 | -14.2% | 0.1% |
| STEARNS LENDING, LLC | $4,580,000 | $3,360,000 | -26.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,145,000 | $3,355,000 | 56.4% | 0.1% |
| USAA Federal Savings Bank | $10,110,000 | $3,275,000 | -67.6% | 0.1% |
| Stifel Bank and Trust | $5,565,000 | $3,270,000 | -41.2% | 0.1% |
| HOMESTEAD FUNDING CORP. | $5,770,000 | $3,265,000 | -43.4% | 0.1% |
| ADVISORS CAPITAL, INC. | $7,650,000 | $3,245,000 | -57.6% | 0.1% |
| TIAA, FSB | $5,940,000 | $3,195,000 | -46.2% | 0.1% |
| Lake Trust Credit Union | $2,030,000 | $3,170,000 | 56.2% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $2,610,000 | $3,125,000 | 19.7% | 0.1% |
| BNC National Bank | $1,015,000 | $3,100,000 | 205.4% | 0.1% |
| Auto Club Trust, FSB | $1,405,000 | $3,075,000 | 118.9% | 0.1% |
| First Guaranty Mortgage Corporation | $2,070,000 | $3,050,000 | 47.3% | 0.1% |
| Luxury Mortgage Corp. | $8,220,000 | $3,030,000 | -63.1% | 0.1% |
| CMG MORTGAGE, INC. | $1,540,000 | $2,955,000 | 91.9% | 0.1% |
| TJC Mortgage, Inc. | $2,955,000 | n/a | 0.1% | |
| INSPIRE HOME LOANS INC. | $2,885,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $225,000 | $2,840,000 | 1,162.2% | 0.1% |
| BLG HOLDINGS, INC. | $2,520,000 | $2,760,000 | 9.5% | 0.1% |
| GENEVA FINANCIAL, LLC | $2,240,000 | $2,730,000 | 21.9% | 0.1% |
| SUMMIT FUNDING, INC. | $11,825,000 | $2,685,000 | -77.3% | 0.1% |
| PHH Mortgage Corporation | $915,000 | $2,660,000 | 190.7% | 0.1% |
| The Federal Savings Bank | $4,315,000 | $2,660,000 | -38.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,045,000 | $2,655,000 | -12.8% | 0.1% |
| Oxford Bank & Trust | $1,845,000 | $2,625,000 | 42.3% | 0.1% |
| County National Bank | $2,935,000 | $2,555,000 | -12.9% | 0.1% |
| St James Mortgage Corporation | $3,990,000 | $2,555,000 | -36.0% | 0.1% |
| UIF CORPORATION | $790,000 | $2,510,000 | 217.7% | 0.1% |
| HARTFORD FUNDING, LTD. | $2,440,000 | n/a | 0.0% | |
| VIBE CREDIT UNION | $1,905,000 | $2,395,000 | 25.7% | 0.0% |
| WINGS FINANCIAL | $1,950,000 | $2,395,000 | 22.8% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $3,405,000 | $2,380,000 | -30.1% | 0.0% |
| University Bank | $3,040,000 | $2,380,000 | -21.7% | 0.0% |
| Farmers StateBank of Munith | $1,945,000 | $2,330,000 | 19.8% | 0.0% |
| Truist Bank | $21,645,000 | $2,320,000 | -89.3% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $3,180,000 | $2,315,000 | -27.2% | 0.0% |
| KELLER MORTGAGE, LLC | $2,760,000 | $2,245,000 | -18.7% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $1,280,000 | $2,225,000 | 73.8% | 0.0% |
| TLC COMMUNITY Credit Union | $5,540,000 | $2,225,000 | -59.8% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,305,000 | $2,220,000 | 70.1% | 0.0% |
| GVC MORTGAGE, INC. | $1,925,000 | $2,200,000 | 14.3% | 0.0% |
| PLANET HOME LENDING, LLC | $3,050,000 | $2,140,000 | -29.8% | 0.0% |
| Cf Bank | $1,555,000 | $2,095,000 | 34.7% | 0.0% |
| LENDERFI, INC. | $2,555,000 | $2,005,000 | -21.5% | 0.0% |
| First Savings Bank | $3,420,000 | $1,985,000 | -42.0% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,495,000 | $1,955,000 | 30.8% | 0.0% |
| VILLAGE CAPITAL & INVESTMENT LLC | $2,345,000 | $1,920,000 | -18.1% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $3,765,000 | $1,890,000 | -49.8% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $4,370,000 | $1,890,000 | -56.8% | 0.0% |
| Manufacturers and Traders Trust Company | $215,000 | $1,860,000 | 765.1% | 0.0% |
| TEAM ONE CREDIT UNION | $570,000 | $1,860,000 | 226.3% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $950,000 | $1,855,000 | 95.3% | 0.0% |
| CLEARPATH LENDING | $5,260,000 | $1,825,000 | -65.3% | 0.0% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $1,810,000 | n/a | 0.0% | |
| Raymond James Bank | $1,295,000 | $1,775,000 | 37.1% | 0.0% |
| Preston Home Loans Inc | $490,000 | $1,765,000 | 260.2% | 0.0% |
| DOW CHEMICAL EMPLOYEES' | $1,760,000 | $1,740,000 | -1.1% | 0.0% |
| EVERETT FINANCIAL, INC. | $13,205,000 | $1,630,000 | -87.7% | 0.0% |
| Arvest Bank | $2,395,000 | $1,580,000 | -34.0% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $410,000 | $1,580,000 | 285.4% | 0.0% |
| Isabella Bank | $2,250,000 | $1,525,000 | -32.2% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $505,000 | $1,470,000 | 191.1% | 0.0% |
| Dearborn Federal Savings Bank | $1,775,000 | $1,455,000 | -18.0% | 0.0% |
| Amalgamated Bank | $1,445,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,125,000 | $1,440,000 | -32.2% | 0.0% |
| First State Bank | $1,400,000 | $1,425,000 | 1.8% | 0.0% |
| AMERICAN ADVISORS GROUP | $445,000 | $1,395,000 | 213.5% | 0.0% |
| SPRING EQ, LLC | $795,000 | $1,385,000 | 74.2% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,310,000 | n/a | 0.0% | |
| Sunflower Bank | $3,435,000 | $1,290,000 | -62.4% | 0.0% |
| CONSUMERS | $1,045,000 | $1,205,000 | 15.3% | 0.0% |
| FINANCIAL PLUS CREDIT UNION | $395,000 | $1,180,000 | 198.7% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $910,000 | $1,160,000 | 27.5% | 0.0% |
| Waterstone Mortgage Corporation | $1,110,000 | $1,140,000 | 2.7% | 0.0% |
| ENVOY MORTGAGE, LTD | $570,000 | $1,135,000 | 99.1% | 0.0% |
| T2 FINANCIAL LLC | $995,000 | $1,110,000 | 11.6% | 0.0% |
| Wildfire Credit Union | $920,000 | $1,110,000 | 20.7% | 0.0% |
| BLUELEAF LENDING, LLC | $2,005,000 | $1,100,000 | -45.1% | 0.0% |
| Toyota Financial Savings Bank | $520,000 | $1,100,000 | 111.5% | 0.0% |
| South Metro Federal Credit Union | $445,000 | $1,085,000 | 143.8% | 0.0% |
| BMO Harris Bank | $1,060,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $1,080,000 | $1,050,000 | -2.8% | 0.0% |
| EMBRACE HOME LOANS, INC. | $345,000 | $1,045,000 | 202.9% | 0.0% |
| Wintrust Bank, N.A. | $1,045,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $1,040,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $940,000 | $1,030,000 | 9.6% | 0.0% |
| MIDWEST LOAN SOLUTIONS, INC. | $8,115,000 | $1,030,000 | -87.3% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $1,015,000 | $1,005,000 | -1.0% | 0.0% |
| Elements Financial Federal Credit Union | $995,000 | n/a | 0.0% | |
| Dort Financial Credit Union | $985,000 | $955,000 | -3.0% | 0.0% |
| Nations Lending Corporation | $1,970,000 | $930,000 | -52.8% | 0.0% |
| First Independence Bank | $1,280,000 | $925,000 | -27.7% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $185,000 | $910,000 | 391.9% | 0.0% |
| Southern Michigan Bank & Trust | $75,000 | $890,000 | 1,086.7% | 0.0% |
| First Federal Bank | $1,410,000 | $860,000 | -39.0% | 0.0% |
| COREVEST AMERICAN FINANCE LENDER LLC | $855,000 | n/a | 0.0% | |
| Discover Bank | $890,000 | $850,000 | -4.5% | 0.0% |
| CASE | $845,000 | n/a | 0.0% | |
| THE ANDERSON FINANCIAL GROUP, INC. | $710,000 | $835,000 | 17.6% | 0.0% |
| Magnolia Bank | $500,000 | $830,000 | 66.0% | 0.0% |
| ADVANTAGE ONE Credit Union | $540,000 | $820,000 | 51.9% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $1,780,000 | $820,000 | -53.9% | 0.0% |
| UNIFY FINANCIAL Credit Union | $2,915,000 | $820,000 | -71.9% | 0.0% |
| Figure Lending LLC | $775,000 | $815,000 | 5.2% | 0.0% |
| CIBC Bank USA | $380,000 | $810,000 | 113.2% | 0.0% |
| Silicon Valley Bank | $785,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $750,000 | n/a | 0.0% | |
| United Bank of Michigan | $5,170,000 | $725,000 | -86.0% | 0.0% |
| Zeal Credit Union | $3,140,000 | $720,000 | -77.1% | 0.0% |
| Axos Bank | $1,050,000 | $715,000 | -31.9% | 0.0% |
| DIGITAL Federal Credit Union | $470,000 | $715,000 | 52.1% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,590,000 | $710,000 | -55.3% | 0.0% |
| BancFirst | $705,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $420,000 | $705,000 | 67.9% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $700,000 | n/a | 0.0% | |
| Chartwell Financial, LLC | $35,000 | $695,000 | 1,885.7% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $275,000 | $690,000 | 150.9% | 0.0% |
| Horizon Bank | $1,815,000 | $680,000 | -62.5% | 0.0% |
| LOANSNAP, INC. | $670,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $665,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $1,045,000 | $660,000 | -36.8% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,150,000 | $655,000 | -43.0% | 0.0% |
| mBank | $330,000 | $655,000 | 98.5% | 0.0% |
| BM Real Estate Services, Inc. | $1,265,000 | $645,000 | -49.0% | 0.0% |
| Pacor Mortgage Corp | $640,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $635,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $625,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $600,000 | $620,000 | 3.3% | 0.0% |
| Bank of England | $930,000 | $615,000 | -33.9% | 0.0% |
| NATIONAL COOPERATIVE BANK, N.A. | $930,000 | $610,000 | -34.4% | 0.0% |
| UNITED | $635,000 | $610,000 | -3.9% | 0.0% |
| AFFINITY | $430,000 | $600,000 | 39.5% | 0.0% |
| Directions Credit Union, Inc. | $570,000 | $600,000 | 5.3% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $600,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $205,000 | $590,000 | 187.8% | 0.0% |
| Hometown Lenders, Inc. | $585,000 | n/a | 0.0% | |
| NFM, INC. | $425,000 | $585,000 | 37.6% | 0.0% |
| JOLT CREDIT UNION | $580,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $3,250,000 | $580,000 | -82.2% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $175,000 | $570,000 | 225.7% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $570,000 | $565,000 | -0.9% | 0.0% |
| Baxter Credit Union | $575,000 | $550,000 | -4.3% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $2,100,000 | $550,000 | -73.8% | 0.0% |
| Amerifirst Financial, Inc. | $205,000 | $545,000 | 165.9% | 0.0% |
| Princeton Mortgage Corporation | $545,000 | n/a | 0.0% | |
| MEMBERS FIRST Credit Union | $540,000 | n/a | 0.0% | |
| Paramount Bank | $285,000 | $535,000 | 87.7% | 0.0% |
| GREAT LAKES | $525,000 | n/a | 0.0% | |
| COMMUNITY CHOICE CREDIT UNION | $255,000 | $520,000 | 103.9% | 0.0% |
| Eaton Community Bank | $520,000 | n/a | 0.0% | |
| HALLMARK HOME MORTGAGE, LLC | $195,000 | $505,000 | 159.0% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $395,000 | $505,000 | 27.8% | 0.0% |
| STAR ONE CREDIT UNION | $505,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $500,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $205,000 | $490,000 | 139.0% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $485,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,410,000 | $470,000 | -66.7% | 0.0% |
| Commerce Home Mortgage, Inc. | $465,000 | n/a | 0.0% | |
| FineMark National Bank & Trust | $530,000 | $455,000 | -14.2% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $165,000 | $450,000 | 172.7% | 0.0% |
| MONROE COUNTY COMMUNITY CREDIT UNION | $35,000 | $445,000 | 1,171.4% | 0.0% |
| Ixonia Bank | $440,000 | n/a | 0.0% | |
| Brighton Bank | $415,000 | n/a | 0.0% | |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION | $410,000 | n/a | 0.0% | |
| WRIGHT-PATT CREDIT UNION, INC. | $520,000 | $410,000 | -21.2% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $405,000 | n/a | 0.0% | |
| Fidelity Bank | $400,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $725,000 | $395,000 | -45.5% | 0.0% |
| RBC Bank, (Georgia) | $345,000 | $395,000 | 14.5% | 0.0% |
| Simmons Bank | $395,000 | n/a | 0.0% | |
| Macatawa Bank | $390,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $385,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $690,000 | $380,000 | -44.9% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $295,000 | $375,000 | 27.1% | 0.0% |
| Gold Coast Bank | $335,000 | $375,000 | 11.9% | 0.0% |
| Deere Employees Credit Union | $125,000 | $365,000 | 192.0% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $920,000 | $360,000 | -60.9% | 0.0% |
| FIRST CHOICE MH LLC | $1,080,000 | $345,000 | -68.1% | 0.0% |
| State Department Federal Credit Union | $315,000 | $345,000 | 9.5% | 0.0% |
| First Home Bank | $125,000 | $340,000 | 172.0% | 0.0% |
| GUILD MORTGAGE COMPANY | $335,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $165,000 | $335,000 | 103.0% | 0.0% |
| Chickasaw Community Bank | $325,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $325,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $325,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $325,000 | n/a | 0.0% | |
| PARKSIDE LENDING, LLC | $320,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $2,210,000 | $315,000 | -85.7% | 0.0% |
| CITIZENS EQUITY FIRST | $305,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $205,000 | $305,000 | 48.8% | 0.0% |
| Superior Credit Union, Inc. | $335,000 | $305,000 | -9.0% | 0.0% |
| Centier Bank | $710,000 | $295,000 | -58.5% | 0.0% |
| Honor Credit Union | $650,000 | $285,000 | -56.2% | 0.0% |
| OAK MORTGAGE, LLC | $2,515,000 | $285,000 | -88.7% | 0.0% |
| Austin Capital Bank SSB | $275,000 | n/a | 0.0% | |
| BlueOx Credit Union | $215,000 | $275,000 | 27.9% | 0.0% |
| Independent Bank | $83,520,000 | $275,000 | -99.7% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $275,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $975,000 | $270,000 | -72.3% | 0.0% |
| Merchants Bank of Indiana | $265,000 | $255,000 | -3.8% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,770,000 | $250,000 | -91.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $175,000 | $245,000 | 40.0% | 0.0% |
| HANCOCK MORTGAGE PARTNERS, LLC | $335,000 | $245,000 | -26.9% | 0.0% |
| RESIDENTIAL BANCORP. | $245,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $245,000 | n/a | 0.0% | |
| 1st National Bank | $235,000 | n/a | 0.0% | |
| Commercial Bank | $235,000 | n/a | 0.0% | |
| ONY GLO, INC. | $235,000 | n/a | 0.0% | |
| MICHIGAN COLUMBUS | $230,000 | n/a | 0.0% | |
| Quontic Bank | $230,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $115,000 | $225,000 | 95.7% | 0.0% |
| ChoiceOne Bank | $5,290,000 | $225,000 | -95.7% | 0.0% |
| Colten Mortgage, LLC | $225,000 | n/a | 0.0% | |
| PURDUE FEDERAL CREDIT UNION | $125,000 | $225,000 | 80.0% | 0.0% |
| The Central Trust Bank | $225,000 | n/a | 0.0% | |
| The Cortland Savings and Banking Company | $225,000 | n/a | 0.0% | |
| The First National Bank of Middle Tennessee | $225,000 | n/a | 0.0% | |
| BOKF | $530,000 | $215,000 | -59.4% | 0.0% |
| Credence Funding Corporation | $215,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $205,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $875,000 | $205,000 | -76.6% | 0.0% |
| Low VA Rates, LLC | $1,390,000 | $205,000 | -85.3% | 0.0% |
| SELFRELIANCE | $205,000 | n/a | 0.0% | |
| Triumph Bank | $1,305,000 | $205,000 | -84.3% | 0.0% |
| Union Savings Bank | $205,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $525,000 | $200,000 | -61.9% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $605,000 | $200,000 | -66.9% | 0.0% |
| AMWEST FUNDING CORP. | $460,000 | $195,000 | -57.6% | 0.0% |
| Colonial Savings, F.A. | $195,000 | n/a | 0.0% | |
| Leader Bank | $195,000 | n/a | 0.0% | |
| LOANPAL, LLC | $195,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $260,000 | $195,000 | -25.0% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $710,000 | $185,000 | -73.9% | 0.0% |
| Chicago Financial Services, Inc. | $185,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $540,000 | $185,000 | -65.7% | 0.0% |
| Northwest Federal Credit Union | $455,000 | $185,000 | -59.3% | 0.0% |
| Republic Bank & Trust Company | $235,000 | $185,000 | -21.3% | 0.0% |
| DAS Acquisition Company, LLC | $175,000 | n/a | 0.0% | |
| LAFCU | $215,000 | $175,000 | -18.6% | 0.0% |
| POLARIS HOME FUNDING CORP. | $350,000 | $175,000 | -50.0% | 0.0% |
| FBC MORTGAGE, LLC | $335,000 | $165,000 | -50.7% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $165,000 | n/a | 0.0% | |
| BayCoast Bank | $155,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $115,000 | $155,000 | 34.8% | 0.0% |
| Homestead Savings Bank | $725,000 | $155,000 | -78.6% | 0.0% |
| NORTHERN MORTGAGE SERVICES, LLC | $1,100,000 | $155,000 | -85.9% | 0.0% |
| NUMARK CREDIT UNION | $65,000 | $155,000 | 138.5% | 0.0% |
| Prosperity Home Mortgage, LLC | $755,000 | $155,000 | -79.5% | 0.0% |
| Valley Central Bank | $155,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $815,000 | $155,000 | -81.0% | 0.0% |
| Commerce Bank | $355,000 | $145,000 | -59.2% | 0.0% |
| Public Service Credit Union | $145,000 | n/a | 0.0% | |
| S1L, Inc. | $335,000 | $145,000 | -56.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $730,000 | $145,000 | -80.1% | 0.0% |
| INLAND BANK & TRUST | $515,000 | $125,000 | -75.7% | 0.0% |
| SIGNATURE MORTGAGE CORPORATION | $275,000 | $125,000 | -54.5% | 0.0% |
| MARSHALL COMMUNITY CREDIT UNION | $95,000 | $115,000 | 21.1% | 0.0% |
| The Bank of Kaukauna | $395,000 | $115,000 | -70.9% | 0.0% |
| ADVIA | $110,000 | n/a | 0.0% | |
| Atlantic Union Bank | $105,000 | n/a | 0.0% | |
| U S WIDE FINANCIAL LLC | $105,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $105,000 | n/a | 0.0% | |
| ARC HOME LLC | $430,000 | $95,000 | -77.9% | 0.0% |
| Liberty Savings Bank, F.S.B. | $95,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $215,000 | $95,000 | -55.8% | 0.0% |
| AMERICAN FINANCE HOUSE LARIBA | $510,000 | $85,000 | -83.3% | 0.0% |
| GREENWOOD | $85,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $85,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $115,000 | $75,000 | -34.8% | 0.0% |
| SUN Federal Credit Union | $215,000 | $65,000 | -69.8% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $55,000 | n/a | 0.0% | |
| GreenStone Farm Credit Services, ACA | $75,000 | $55,000 | -26.7% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $65,000 | $55,000 | -15.4% | 0.0% |
| Three Rivers Federal Credit Union | $325,000 | $45,000 | -86.2% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| THE BRYN MAWR TRUST COMPANY | $25,000 | n/a | 0.0% |
ANN ARBOR's top lender by overall market share is QUICKEN LOANS, LLC, with 10.4% market share. In second place, with 6.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $303,945,000 in loans. In third place, with 4.9%, is KeyBank, having originated $238,395,000 in loans. In third place, with 3.7%, is JPMorgan Chase Bank, having originated $181,515,000 in loans. In third place, with 3.5%, is UNIVERSITY LENDING GROUP, LLC, having originated $173,580,000 in loans.
ANN ARBOR, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 6,850 | $2,089,930,000 | $305,099 |
| Home Purchase | 5,210 | $1,730,400,000 | $332,131 |
| Cash Out Refi | 3,587 | $928,735,000 | $258,917 |
| Home Improvement | 666 | $77,270,000 | $116,021 |
| Other | 479 | $72,405,000 | $151,159 |
Ann Arbor's most frequently cited loan purpose was Refi, with 6,850 originations. The 2nd most popular reason was Home Purchase, with 5,210 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,933 | $1,964,805,000 | $283,399 |
| 3-4% | 5,389 | $1,525,985,000 | $283,167 |
| <2.5% | 3,529 | $1,069,635,000 | $303,099 |
| 4-5% | 421 | $236,605,000 | $562,007 |
| Over 8% | 168 | $10,500,000 | $62,500 |
| 5-6% | 119 | $12,355,000 | $103,824 |
| 6-7% | 100 | $8,100,000 | $81,000 |
| 7-8% | 62 | $3,460,000 | $55,806 |
During 2021, Ann Arbor's most frequently originated rate bucket was 2.5-3%, with 6,933 originations.
Loan Sizing (ANN ARBOR, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 7,529 | $2,110,575,000 | $280,326 |
| $100k-200k | 5,195 | $789,445,000 | $151,962 |
| $400k-600k | 1,850 | $879,950,000 | $475,649 |
| $100,000 or less | 1,640 | $106,530,000 | $64,957 |
| $600k-1000k | 447 | $325,085,000 | $727,260 |
| $Over $1MM | 131 | $687,155,000 | $5,245,458 |
ANN ARBOR's loan sizing saw the bucket of loans from $200k-400k with 7,529 originations, totaling $2,110,575,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 6,257 | $2,292,195,000 | $366,341 |
| 80-100% | 4,305 | $1,341,655,000 | $311,650 |
| 40-60% | 3,510 | $809,790,000 | $230,709 |
| 20-40% | 1,546 | $234,740,000 | $151,837 |
| Under 20% | 667 | $43,925,000 | $65,855 |
| Over 100% | 49 | $58,865,000 | $1,201,327 |
ANN ARBOR's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 6,257 originations, totaling $2,292,195,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - ANN ARBOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $369,900 (17.4%) | $469,081 (9.6%) | 1.36 | 549 |
| 2018-02-01 | $371,950 (12.8%) | $477,819 (7.7%) | 1.34 | 540 |
| 2018-03-01 | $370,000 (5.0%) | $472,485 (2.9%) | 1.28 | 575 |
| 2018-04-01 | $382,450 (3.4%) | $463,099 (-0.7%) | 1.28 | 663 |
| 2018-05-01 | $397,300 (4.7%) | $470,412 (-2.3%) | 1.32 | 809 |
| 2018-06-01 | $399,000 (6.4%) | $471,769 (0.0%) | 1.33 | 900 |
| 2018-07-01 | $399,200 (8.2%) | $462,224 (0.3%) | 1.33 | 997 |
| 2018-08-01 | $379,850 (7.8%) | $445,903 (-0.8%) | 1.27 | 1,071 |
| 2018-09-01 | $375,000 (5.6%) | $446,989 (-1.1%) | 1.25 | 1,061 |
| 2018-10-01 | $375,000 (4.2%) | $448,434 (-3.9%) | 1.25 | 1,035 |
| 2018-11-01 | $379,680 (-0.3%) | $446,649 (-6.2%) | 1.27 | 953 |
| 2018-12-01 | $389,900 (1.5%) | $443,025 (-5.3%) | 1.34 | 812 |
| 2019-01-01 | $393,500 (6.4%) | $446,333 (-4.9%) | 1.36 | 731 |
| 2019-02-01 | $398,000 (7.0%) | $454,477 (-4.9%) | 1.33 | 737 |
| 2019-03-01 | $399,000 (7.8%) | $463,930 (-1.8%) | 1.30 | 845 |
| 2019-04-01 | $399,500 (4.5%) | $475,152 (2.6%) | 1.26 | 952 |
| 2019-05-01 | $401,950 (1.2%) | $480,445 (2.1%) | 1.24 | 1,074 |
| 2019-06-01 | $409,000 (2.5%) | $489,560 (3.8%) | 1.26 | 1,119 |
| 2019-07-01 | $398,950 (-0.1%) | $473,910 (2.5%) | 1.24 | 1,150 |
| 2019-08-01 | $381,329 (0.4%) | $453,311 (1.7%) | 1.20 | 1,191 |
| 2019-09-01 | $371,329 (-1.0%) | $439,421 (-1.7%) | 1.18 | 1,190 |
| 2019-10-01 | $374,400 (-0.2%) | $438,613 (-2.2%) | 1.19 | 1,196 |
| 2019-11-01 | $364,900 (-3.9%) | $431,427 (-3.4%) | 1.18 | 1,101 |
| 2019-12-01 | $361,750 (-7.2%) | $423,689 (-4.4%) | 1.21 | 949 |
| 2020-01-01 | $361,250 (-8.2%) | $424,275 (-4.9%) | 1.20 | 813 |
| 2020-02-01 | $378,380 (-4.9%) | $441,327 (-2.9%) | 1.22 | 802 |
| 2020-03-01 | $394,450 (-1.1%) | $457,464 (-1.4%) | 1.23 | 859 |
| 2020-04-01 | $399,000 (-0.1%) | $456,212 (-4.0%) | 1.24 | 894 |
| 2020-05-01 | $393,900 (-2.0%) | $452,650 (-5.8%) | 1.19 | 1,062 |
| 2020-06-01 | $391,950 (-4.2%) | $456,605 (-6.7%) | 1.14 | 1,077 |
| 2020-07-01 | $395,995 (-0.7%) | $465,105 (-1.9%) | 1.13 | 1,002 |
| 2020-08-01 | $393,900 (3.3%) | $464,441 (2.5%) | 1.13 | 999 |
| 2020-09-01 | $398,450 (7.3%) | $469,477 (6.8%) | 1.14 | 940 |
| 2020-10-01 | $409,000 (9.2%) | $478,304 (9.1%) | 1.17 | 875 |
| 2020-11-01 | $413,995 (13.5%) | $473,178 (9.7%) | 1.19 | 778 |
| 2020-12-01 | $415,250 (14.8%) | $475,443 (12.2%) | 1.22 | 684 |
| 2021-01-01 | $425,000 (17.7%) | $492,175 (16.0%) | 1.25 | 554 |
| 2021-02-01 | $437,100 (15.5%) | $525,632 (19.1%) | 1.26 | 480 |
| 2021-03-01 | $450,000 (14.1%) | $549,859 (20.2%) | 1.26 | 439 |
| 2021-04-01 | $443,013 (11.0%) | $550,620 (20.7%) | 1.19 | 440 |
| 2021-05-01 | $434,900 (10.4%) | $540,894 (19.5%) | 1.14 | 495 |
| 2021-06-01 | $425,000 (8.4%) | $537,798 (17.8%) | 1.10 | 601 |
| 2021-07-01 | $419,000 (5.8%) | $535,086 (15.1%) | 1.09 | 676 |
| 2021-08-01 | $399,900 (1.5%) | $519,028 (11.8%) | 1.05 | 706 |
| 2021-09-01 | $409,950 (2.9%) | $533,211 (13.6%) | 1.08 | 623 |
| 2021-10-01 | $409,900 (0.2%) | $543,221 (13.6%) | 1.08 | 563 |
| 2021-11-01 | $394,950 (-4.6%) | $548,587 (15.9%) | 1.04 | 495 |
| 2021-12-01 | $399,000 (-3.9%) | $551,149 (15.9%) | 1.06 | 415 |
| 2022-01-01 | $425,000 (0.0%) | $564,842 (14.8%) | 1.13 | 324 |
| 2022-02-01 | $450,000 (3.0%) | $589,158 (12.1%) | 1.15 | 292 |
| 2022-03-01 | $420,000 (-6.7%) | $573,629 (4.3%) | 1.04 | 310 |
| 2022-04-01 | $425,000 (-4.1%) | $579,102 (5.2%) | 1.00 | 348 |
| 2022-05-01 | $449,938 (3.5%) | $581,953 (7.6%) | 1.01 | 386 |
ANN ARBOR's median listing price for 2022-05-01 was $449,938, a difference of
$15,038
(3.5%) versus the prior year and
$24,938 versus the prior month.
ANN ARBOR's median listing price comes in at 101% of the national average.
ANN ARBOR's average listing price for 2022-05-01 was $581,953, a difference of $41,059 (7.6%) versus the prior year and $2,851 versus the prior month.
For the 2022-05-01 period, ANN ARBOR had 386 MLS listings, a difference of 38 listings (11%) versus the prior month and -109 listings (-22%) versus the prior year.
ANN ARBOR's median listing price comes in at 101% of the national average.
ANN ARBOR's average listing price for 2022-05-01 was $581,953, a difference of $41,059 (7.6%) versus the prior year and $2,851 versus the prior month.
For the 2022-05-01 period, ANN ARBOR had 386 MLS listings, a difference of 38 listings (11%) versus the prior month and -109 listings (-22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - ANN ARBOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 95 days | 2,043 sqft |
| 2018-02-01 | 87 days | 2,039 sqft |
| 2018-03-01 | 52 days | 2,009 sqft |
| 2018-04-01 | 40 days | 2,002 sqft |
| 2018-05-01 | 33 days | 2,011 sqft |
| 2018-06-01 | 39 days | 2,042 sqft |
| 2018-07-01 | 44 days | 2,019 sqft |
| 2018-08-01 | 44 days | 1,936 sqft |
| 2018-09-01 | 52 days | 1,940 sqft |
| 2018-10-01 | 60 days | 1,947 sqft |
| 2018-11-01 | 60 days | 1,959 sqft |
| 2018-12-01 | 74 days | 1,919 sqft |
| 2019-01-01 | 88 days | 1,928 sqft |
| 2019-02-01 | 83 days | 1,943 sqft |
| 2019-03-01 | 46 days | 1,994 sqft |
| 2019-04-01 | 39 days | 2,059 sqft |
| 2019-05-01 | 45 days | 2,052 sqft |
| 2019-06-01 | 46 days | 2,092 sqft |
| 2019-07-01 | 52 days | 2,056 sqft |
| 2019-08-01 | 51 days | 2,042 sqft |
| 2019-09-01 | 53 days | 2,033 sqft |
| 2019-10-01 | 59 days | 2,015 sqft |
| 2019-11-01 | 66 days | 1,972 sqft |
| 2019-12-01 | 86 days | 1,971 sqft |
| 2020-01-01 | 92 days | 1,990 sqft |
| 2020-02-01 | 82 days | 2,052 sqft |
| 2020-03-01 | 45 days | 2,081 sqft |
| 2020-04-01 | 55 days | 2,064 sqft |
| 2020-05-01 | 63 days | 2,024 sqft |
| 2020-06-01 | 45 days | 2,001 sqft |
| 2020-07-01 | 51 days | 2,009 sqft |
| 2020-08-01 | 56 days | 1,986 sqft |
| 2020-09-01 | 57 days | 1,999 sqft |
| 2020-10-01 | 57 days | 2,046 sqft |
| 2020-11-01 | 57 days | 1,956 sqft |
| 2020-12-01 | 68 days | 1,972 sqft |
| 2021-01-01 | 79 days | 2,012 sqft |
| 2021-02-01 | 65 days | 2,022 sqft |
| 2021-03-01 | 39 days | 1,983 sqft |
| 2021-04-01 | 30 days | 1,937 sqft |
| 2021-05-01 | 31 days | 1,902 sqft |
| 2021-06-01 | 30 days | 1,949 sqft |
| 2021-07-01 | 36 days | 1,898 sqft |
| 2021-08-01 | 36 days | 1,845 sqft |
| 2021-09-01 | 45 days | 1,874 sqft |
| 2021-10-01 | 52 days | 1,895 sqft |
| 2021-11-01 | 54 days | 1,889 sqft |
| 2021-12-01 | 61 days | 1,877 sqft |
| 2022-01-01 | 78 days | 1,834 sqft |
| 2022-02-01 | 50 days | 1,852 sqft |
| 2022-03-01 | 36 days | 1,756 sqft |
| 2022-04-01 | 33 days | 1,787 sqft |
| 2022-05-01 | 30 days | 1,868 sqft |
ANN ARBOR's median listing age (time on market) for 2022-05-01 was 30 days.
This
is -3%
shorter
than the same period one year ago.
ANN ARBOR's median square footage for active listings during the 2022-05-01 period was 1,868 sqft. One year prior, the average listing was 1,902 sqft.
ANN ARBOR's median square footage for active listings during the 2022-05-01 period was 1,868 sqft. One year prior, the average listing was 1,902 sqft.
