Kimberly Hills currently leans toward sellers, with the market gauge pointing to a seller’s market. A months of supply figure near 3.2 suggests conditions are tighter than a fully balanced market, but not extremely constrained. Compared with Ann Arbor overall, which sits at 2.7 months of supply, local buyers here face slightly fewer options.
Home values in Kimberly Hills have moved up sharply in this rolling three-month view. The typical home value is around $642,000, up more than 30 percent from a year ago, while the median list price has climbed at a similar pace. Homes are selling quickly, with a median of just 12 days on the market, down significantly from last year’s slower pace. A large share of recent sales, nearly three out of four, closed above the list price, and the average sale-to-list ratio is above 103 percent, indicating buyers are often bidding above asking.
At the same time, activity has cooled somewhat compared with last year even as prices have risen. Homes sold are down year over year, and new listings and pending sales have also eased, hinting at fewer transactions in this small neighborhood. Inventory has inched up slightly over the past year, and active listings are similar to last June, giving buyers at least a modest number of choices. Whether you are trying to stand out as a buyer or maximize your position as a seller, Agent Pronto can connect you with a local agent who understands these dynamics.
