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Ann Arbor Condo Market Update – September 2012

Ann Arbor Condo Sales at Highest in Over 5 Years

Ann Arbor Condo Real Estate Statistics for September 2012

Ann Arbor condo sales for the past 12 months are at the highest point the real estate market has seen in over 5 years. With 582 closed listings and a 3.9 months supply of condos listed for sale, it remains a seller’s market. And with a continued drop in inventory, condo prices are being driven upward as the market recovers.

Have you taken advantage of the lower condo prices in Ann Arbor yet? We haven’t seen a full recovery and prices are still lower than in years past. Combined with historically low interest rates, great deals are still to be had! Give us a call at The Bouma Group at 734-761-3060 or email to find out more about these real estate statistics and how we can help you find the perfect condo. Start your MLS search here!

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