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Archives: May 24, 2017

Ann Arbor Condo Market Report – April 2017

Strong Spring Market for Ann Arbor Condos

Ann Arbor Condo Statistics for April 2017

The spring real estate market has been good for Ann Arbor Condos despite a lull in new listings. This time last year there were 251 condos listed for sale compared with this year’s 213. Sales are up slightly, going from 230 to 238 and the average days on the market is down to 35 from 44 last April. The most notable change is the average sale price, which has risen 10.5%, from $168,950 to $186,750. It continues to be a seller’s market with a 3.2 month supply of condos available. Continue reading