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Ann Arbor Real Estate Market Update – October 2015

Ann Arbor Real Estate Market Virtually Unchanged

Ann Arbor Real Estate Market Statistics for October 2015
There were few changes to the Ann Arbor Real Estate market when compared with last month. And when compared with this time last year, the only significant change is the number of homes sold. This is a positive sign for home sellers! But unless we start to get more listing inventory, sales will quickly begin to slow down. Low inventory has been an issue for the Ann Arbor area for quite some time now. Our buyer’s agents continue to report that their buyers cannot find a home due to lack of listings available. Because of steady sales and low inventory, Ann Arbor is in a seller’s market with a 4 month supply of homes for sale.

Even though the holidays are quickly approaching, it’s still a great time to get your home listed for sale. Inventory is low and the buyers still out there are serious about finding a home! To see what your home is worth, contact us, the Ann Arbor Real Estate specialists with The Bouma Group at  734-761-3060 or email Find out more about our terrific Seller Services here!

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