Ann Arbor Condo Market Update for September 2013

Record September Sales for Ann Arbor Condos

Ann Arbor Condo Statistics for September 2013
The Ann Arbor Condo market saw record sales in September, for the past 7 years that we’ve been tracking, with 593 units sold in the past 12 months. Listing inventory has been declining and is down 25% since the peak in May. Overall, Ann Arbor is in a seller’s market with a 3.8 months supply of units available, and under $400k it remains a very strong seller’s market. We also saw the demand for condo rentals slow way down as the summer came to a close.

What a great time to get your condo listed for sale! Don’t wait until after the holidays and increased inventory, call us today at 734-761-3060 or email info@bouma.com for an analysis of your condos value, it’s probably worth more than you think! Looking to purchase? View Ann Arbor condo complexes here!

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