Inventory Continues to Rise for Ann Arbor Homes
Ann Arbor home inventory has almost doubled since the beginning of the year and is at it’s highest level with 549 listings. Typically, June has the most listings than any other month during the year. Ann Arbor is in a balanced market with a 5.6 month supply of homes listed for sale. The under $400k price range is in a seller’s market with homes selling more quickly than the higher price points. Home sales have risen as well with 1175 homes sold in the past 12 months.
There is still time to get into a new home before the new school year starts! Whether you are buying or selling, or both, The Bouma Group has the knowledge and experience to make it a smooth and easy process for you. Get started by contacting us today at 734-761-3060 or email info@bouma.com. Start your Ann Arbor Real Estate search here!