As the fall real estate market continues, sales for Ann Arbor Condos remain steady, and even increased slightly over last month. Compared with this time last year, inventory and sales are both up – a great indication of a recovered condo market. With increased condo values, more sellers are above water in their mortgages and are able to sell. There is currently a 3.7 month supply of condos available for sale, which is a seller’s market.
Here at The Bouma Group, we track every aspect of the condo market: price point, complex, elementary school, and more. We know the latest trends for Ann Arbor and can help advise you as a buyer or a seller in any type of market. Visit our website and condo complex pages to see amenities, photos, market statistics and more for your complex or to compare condos for a future purchase. Contact us today at 734-761-3060 or firstname.lastname@example.org if you want a more in-depth analysis on any Ann Arbor real estate!