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Ann Arbor Real Estate Market Update – July 2012

Is a Seller’s Market on the Horizon for Ann Arbor Real Estate?

Ann Arbor Real Estate Statistics for Homes July 2012

With inventory decreasing and sales increasing, the Ann Arbor Real Estate market continues to be balanced with a 5.4 months supply of homes, but is heading towards a seller’s market. The under $300,000 price range is now in a seller’s market and the $300k – $500k is in a balanced market. An active buyer pool, combined with low inventory is helping to drive prices upward and help the real estate market recover.

To learn more about these statistics or to find out how prices are faring in your particular Ann Arbor neighborhood, contact us at The Bouma Group at 734-761-3060 or info@bouma.com. We track all statistics in Washtenaw County, including specific price points, schools, communities, and more. Whether you are planning to buy or sell a home in the near future or farther down the road, we can help you with all of your real estate needs! Visit our website where you can view our featured listings, find out what your home is worth, or search the Ann Arbor MLS for homes!

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