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Ann Arbor Real Estate Market Update January 2014

Frozen Ann Arbor Real Estate Market!

Ann Arbor Real Estate Statistics for January 2014
The Ann Arbor Real Estate market begins the year in a seller’s market with steady sales and lower inventory. Compared with January 2013, the number of homes listed for sale and sales for the past 12 months are virtually the same. But when compared with January 2012, homes listed are down 32.5% and sold homes are up 23%. Less inventory with more buyer sales = a seller’s market, making this a great time to get your home listed for sale!

With the frigid temperatures and record snowfall in January, many sellers are waiting to put their homes on the market for a few more weeks. We are expecting real estate inventory to start soaring in the next few months with the spring market. If you’re considering selling, contact us for a market analysis to find out what your home is worth. Here at The Bouma Group, we’ve sold more Ann Arbor homes than any other agent for 12 years in a row. Let us put our expertise to work for you!

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