Ann Arbor Condo Market Update – May 2012

Ann Arbor Condos Remain in a Balanced Market

Ann Arbor Condo Statistics for May 2012

The current months supply of condos declined slightly from last month and remains in a balanced market at a 6, which means it would take 6 months for the current inventory to sell. The under $100,000 range is in a seller’s market and 39% of the listings have contracts pending. For a more in-depth analysis of these Ann Arbor condo statistics or information on your particular complex, contact us at The Bouma Group today at 734-761-3060 or info@bouma.com. Interested in a downtown Ann Arbor condo or already live in one? Download our Free condo report here and find out what is happening with values!

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