Ann Arbor Real Estate Sales Up 22%
The Ann Arbor Real Estate market, as a whole, continues to be in a seller’s market with a 3.1 months supply of homes listed. Sales for the past 12 months are up a whopping 22%, compared with this time last year, and will only be halted by a county wide shortage of inventory, a.k.a. homes for sale. We are finally beginning to see a rise in inventory, up 9% when compared with last month, but is actually down 34% compared with this same time last year. As the spring market nears, we expect that number to continue to rise.
This huge lack of inventory makes this the best time to get your home listed for sale! Don’t wait for the spring market to get here, buyers are out there now and are scooping up great houses in record time. Call us today at The Bouma Group for a market analysis of your home – it’s quite possibly worth a lot more than you think! 734-761-3060 or info@bouma.com.
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