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Ann Arbor Real Estate Market Update – December 2012

Sellers – It’s Your Market and Ann Arbor Needs Inventory!

Statistics for Ann Arbor Real Estate Home Sales for December 2012

The Ann Arbor Real Estate market, as a whole, remains in a seller’s market with a 2.9 months supply of homes and is running out of inventory in some price points! In fact, the number of homes listed for sale is down 31% when compared with December 2011. Closed home sales remained high through December, up 17%, as did the number of homes with contracts pending, up 68%. What does this mean for home sellers? Competition in the marketplace is lower than ever and buyers with low interest rates and great bank incentives are serious in their hunt for a new home. Don’t wait for the spring market, get your house listed for sale now!

The Bouma Group has been selling Ann Arbor area homes for almost 30 years and has seen every type of market. Each one is different and Martin’s acute knowledge of current trends, combined with his cutting edge marketing will get your home sold for top dollar. Find out what your home is worth today by contacting us at 734-761-3060 or email info@bouma.com to get started!

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