Ann Arbor Condo Inventory Continues to Decline
Inventory for the overall Ann Arbor condo market continues to decline, and is down 7% when compared to the end of May. Although it’s still in a buyer’s market with a 7.4 months supply of units, that number decreased by 8% over last month. 34% of units listed for sale are under contract with a buyer, which is also up from the end of April, and sales for the past 12 months have also slightly increased. These are all good signs that point the Ann Arbor condo market beginning to stabilize.












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