Condo Sales in Ann Arbor Remain Steady
Ann Arbor Condo sales have remained steady throughout the fall with an average of 627 units selling in the past 12 months for August-November. Inventory continues to decline with 184 units available, compared with the high in May of 252. With less inventory, Ann Arbor is currently in a seller’s market with a 3.5 month supply of condos available. The $500k – $1M price range did really well with 20 sales in the past 12 months.
Thinking of selling your condo? The spring market, the best time to sell, is right around the corner. Get a jump on the competition and call us for a free market analysis for your condo and to find out what you need to do to get ready to sell. The Bouma Group has been the top seller of condos for more than 15 years and knows this market better than anyone! Contact us today at 734-761-3060 or info@bouma.com.