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Ann Arbor Real Estate Market Update – September 2012

Do Sellers Hold the Cards for Ann Arbor Real Estate?

Ann Arbor Real Estate Market Update Statistics for September 2012

Ann Arbor Real Estate continues to be in a seller’s market with a 4.5 months supply of homes available on the market. Inventory is at its lowest point all year and sales are at their highest. Does this mean that seller’s hold all of the cards in this market? While there are fewer homes listed for sale, buyers are still expecting to get a good deal are hard negotiators. But as Ann Arbor home prices rise and recovery is in full swing, with fewer choices for buyers, homes in pristine condition are selling quickly and for more money. Bank appraisals are keeping home prices in check, so even if a buyer is willing to pay a premium for a home, the bank may not be willing to lend that amount.

Now is still a great time to get your house listed for sale! Qualified buyers still have historically low mortgage interest rates and there is much less competition in the marketplace. Martin Bouma and his team of buyer’s agents are in the field every day and know the Ann Arbor Real Estate market better than anyone. Whether you are a buyer or seller, we will help you meet your goals with our experience, expertise, and negotiating skills. Call us today at 734-761-3060, email us at, and visit our website to begin your home search or find out the value of your current home!

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