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Ann Arbor Condo Market Update – January 2013

Ann Arbor Condo Market Virtually Unchanged

Ann Arbor Condo Statistics for January 2013

When compared with last month, the Ann Arbor Condo market is virtually unchanged with a 2.6 month’s supply of units listed for sale, keeping it in a seller’s market. Following the continued trend, listing inventory was down by 2 units and sold condos were up by 2. Once we get over the $400k price point, it becomes a buyer’s market with slower sales and not a lot of inventory.

Thinking of selling your condo? Contact us at The Bouma Group at 734-761-3060 or to find out what your unit is worth in today’s market. With prices continuing to climb, you may have more equity than you think! Looking for a condo for yourself or an as investment property? Start now and search the Ann Arbor MLS here!

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