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Ann Arbor Condo Market Update – July 2015

Condo Sales in Ann Arbor Up Year-to-Date

Ann Arbor Condo Real Estate Market Statistics for July 2015
Condo sales in Ann Arbor are up 7% year-to-date when compared with this time last year. Sale for the month of July were actually a bit slower than last July, down 13.3%, indicating that the first half of this year was busier for closings. Overall, Ann Arbor condos are in a seller’s market with 3.5 month supply of listings available. The low inventory and steady sales are helping to keep the month supply lower than average for all price points.

The condo market is still hot as the summer draws to a close. If you’ve been thinking of selling your condo, contact us for a market analysis today at 734-761-3060 or Condo values are rising and we have the knowledge, marketing, and negotiating skills to get you the best price in the shortest amount of time. Thinking of purchasing a condo? Check out Ann Arbor Condo complexes here!

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