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Ann Arbor Condo Market Update – June 2014

All Price Ranges Show Signs of Improvement

Ann Arbor Condo Market Statistics for June 2014

While inventory for Ann Arbor condos declined slightly from the high in May, sales remain strong across all price ranges. Sales of condos over $500k are rising with 20 units sold in the past 12 months, compared with 12 in June 2013 and and only 3 in June 2012. Buyer confidence is growing as more sales are occuring in the higher price ranges. Overall, Ann Arbor condos remain in a seller’s market with a 4.5 month supply of units available.

Start your condo search here! Not sure where to begin? Check out our Ann Arbor Condo complex pages to view photos, amenities and market statistics. Contact us at The Bouma Group at 734-761-3060 or info@bouma.com for more information on this report or values at any particular complex!

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