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Ann Arbor Condo Market Update – July 2014

The Condo Market Peaks for Summer

Ann Arbor Condo Statistics for July 2014

With inventory and sales beginning to decline, it appears that the Ann Arbor Condo market has reached its peak for the summer. However, inventory and sales are way above where they have been in previous years, indicating a continued recovery. Overall, it continues to be a seller’s market with a 4.3 month supply of condos available for sale with every price range at or below 5, with the exception of the over $1M range, which is seeing increased activity.

The Bouma Group has been the number one seller of condos in Ann Arbor for more than 15 years and continues to be the real estate market leaders. To learn more about a specific condo community or a certain price range, contact us at 734-761-3060 or email Start your search for Ann Arbor Condos here!

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