Here are the Downtown Ann Arbor Condo Stats!

The downtown Ann Arbor condo market saw 13 closings in the 4th quarter of 2022, with 4 of those sales being new construction. This compares to 10 closings in the 4th quarter of 2021 and 6 closings in 2020. Of the 13 closings, 3 occurred at 309 North Ashley, a new construction project, and they all sold for over list price, which is normal as purchasers typically do a number of upgrades. Of the remaining 10 closings, one condo sold for list price, and everything else sold for under list price.
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