Ann Arbor Condo Market Update – December 2015

Year Ends with Extremely Low Inventory

Ann Arbor Condo Market Statistics for December 2015
Ann Arbor Condo inventory is extremely low with only 117 units listed for sale. This is the lowest it has been in the past 2 years. Sales remain higher than previous years, so condos are selling at a fast pace, indicating plenty of buyers. If more units do not become available soon, there won’t be anything to purchase and the market will stall. Overall, Ann Arbor condos are in a strong seller’s market with a 2 month supply of units available.

Get a head start on spring and get your condo listed for sale now!  Give the real estate specialists at The Bouma Group a call at 734-761-3060 or email info@bouma.com and find out what it’s worth, you may be surprised! Not quite ready? Sign up for a free market snapshot and see what’s listed for sale and selling in your complex. We’ve been selling Ann Arbor Condos for 30 years and have the expertise to get yours sold quickly!

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