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Ann Arbor Real Estate Market Update for March 2023

The 3 Trends Driving the Market Right Now

Happy Spring! While our team has listed many properties this March, listing inventory in Ann Arbor is down 24.8% from this time last year. We’re noticing 3 trends that are driving the market right now:

  1. Inventory is at a historic low
  2. Buyers are increasingly particular about building inspections
  3. Buyers need to be competitive, especially below $600,000

Get all of the details in today’s video

The market is still very strong, as Martin explains, so if you’re thinking of selling your home or condo now is a great time! Buyers are still securing properties with the help of a strong buyer’s agent who knows how to navigate this market. Read our Home Buying tips for the Spring market.

Thanks for reading and as always, if you’d like a more in-depth analysis of your particular school district, city, area, or neighborhood, contact us today at 734-761-3060 or info@bouma.com.