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Ann Arbor Real Estate Update – May 2015

Ann Arbor Area Home Sales Up 20%

Ann Arbor Real Estate Statistics for May 2015

According to data from the Ann Arbor Board of Realtors, home sales for May 2015 are up 20% when compared with May 2014. Year to date, the AABOR sales are up 19% while The Bouma Group sales are up 48%.

Overall, the Ann Arbor Real Estate market is in a balanced market with a 5.5 month supply of homes listed for sale. The under $400k price range is seeing a seeing a seller’s market and homes are selling very quickly. It’s still a hot market in most Ann Arbor neighborhoods, so if you’ve been waiting to get your home listed, now is the time! Contact the real estate specialists with The Bouma Group today for a market analysis of your home at 734-761-3060 or info@bouma.com. Don’t miss the market, Ann Arbor needs inventory!

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