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Ann Arbor Condo Market Update – June 2015

Ann Arbor Condo Sales Still Going Strong

Ann Arbor Condo Statistics for June 2015
Ann Arbor Condo sales remain strong as inventory begins to decline. The number of units listed for sale in June decreased by 15% and when compared with June of last year, inventory is down 25%. Condos in Ann Arbor are currently in a seller’s market with a 3.3 month supply of units listed for sale. Inventory typically begins to decline this time of year with May being the highest listing month. The $100k-$200k price range has the highest level of inventory and there are no condos for sale over $1 million.

High buyer demand, combined with low inventory and steady sales, keep values increasing in Ann Arbor making this a terrific time to get your condo listed. Contact the real estate specialists with The Bouma Group today to find out what your condo is worth and what we can do to get it sold quickly! 734-761-3060 or email View all condo complexes and market updates here!


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