Ann Arbor Condo Inventory Down 22% When compared with the high for the year of 249 condos listed for sale in May 2013, listing inventory is down by 22% with 194 units. Even with tapering inventory, buyer sales have remained steady. What does this mean for condo sellers? With less competition in the marketplace, it’s […]
Category Archives: Ann Arbor Condo Market Updates
Ann Arbor Condo Market Update – July 2013
Inventory Declining for Ann Arbor Condos Ann Arbor Condo inventory is starting to decline from this year’s peak of 249 units listed for sale in May 2013. Condo sales are high and continue to be steady with a tight range of 579-608 units selling during each 12 month period. It remains a seller’s market with […]
Ann Arbor Condo Real Estate Market Update June 2013
It’s a Seller’s Market for Ann Arbor Condos The Ann Arbor Condo market is back in a seller’s market with an overall 4.3 months supply of units available for sale. More than half of the condo inventory has contracts pending, just waiting to close. Compared with last month, condo inventory has declined by 15% with […]
Ann Arbor Condo Market Update – May 2013
More Choices Available for Ann Arbor Condo Buyers! As the spring market continues, so does the increase in inventory for Ann Arbor condos. The number of units listed for sale is up 84%, compared with the end of December 2012. The overall market is currently balanced with a 5.2 months supply of condos. The under […]
Ann Arbor Condo Market Update – March 2013
It’s a Hot Market for Ann Arbor Condos! The Ann Arbor Condo market is heating up as spring begins. While the number of condos sold was down slightly when compared with February, the listing inventory increased by 13% and the number of units with contracts pending increased by 34%. The rise in contracts pending is […]
Sloan Plaza, Downtown Ann Arbor Condo Report
Downtown Ann Arbor Condo Report Sloan Plaza is an exclusive, high rise condo building in the heart of downtown Ann Arbor. Residents enjoy beautiful views of the city from every angle from spacious units. There are currently 4 condos listed for sale, with 2 pending sales, and in the past year 4 have sold. Condos […]
Ann Arbor Condo Market Report – February 2013
Inventory Increases 10% for Ann Arbor Condos Inventory for the Ann Arbor Condo market is starting to pick up as spring approaches. Compared with last month, the number of units for sale is up 10%, which is good news for condo buyers. However, compared with February of last year, there is a 37% drop in […]
Turnberry Village, Ann Arbor Condo Report
Ann Arbor Condo Report – March 2013 Turnberry Village is a collection of cape cod and 2 story condos in a neighborhood setting. All units have lower levels and attached garages. There is currently 1 unit listed for sale, and in the past year 4 units have sold. Condo for Sale: 3087 Village Circle, Ann […]
Scio Village, Ann Arbor Condo Report
Ann Arbor Condo Market Report – February 2013 Scio Village Condos are a collection of brownstone style units with upgraded interiors on the far west side of Ann Arbor. There are currently 5 condos listed for sale and in 2012, 6 condos sold. Condos for Sale: 273 Scio Village #126, Ann Arbor. $179,900. 1009 sq. […]
Ann Arbor Condo Market Update – January 2013
Ann Arbor Condo Market Virtually Unchanged When compared with last month, the Ann Arbor Condo market is virtually unchanged with a 2.6 month’s supply of units listed for sale, keeping it in a seller’s market. Following the continued trend, listing inventory was down by 2 units and sold condos were up by 2. Once we […]