Record September Sales for Ann Arbor Condos
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!