Downtown Ann Arbor Condo Report – October 2016 There is currently 1 unit listed for sale at Ashley Mews, and so far this year 5 have sold. Condo for Sale: $900,000. 132 Ashley Mews, Ann Arbor. 2062 sq. ft., +400 in finished lower level, 2 bedrooms and 2.1 baths. Listed by The Bouma Group Sold […]
Category Archives: Ann Arbor Real Estate Trends
Ashley Terrace Condos, Downtown Ann Arbor Real Estate Report
Ann Arbor Condo Market Update – August 2016
Condo Sales Strong as Summer Comes to an End Ann Arbor condo sales in August increased significantly when compared with August of last year. According to the Ann Arbor Area Board of Realtors, condo sales were up 38% with 125 units closed for the month, compared with only 90 sales the previous August. Inventory remains […]
Ann Arbor Real Estate Market Update for August 2016
Low Inventory of Ann Arbor Homes Sets Stage for Higher Prices Ann Arbor Real Estate inventory is still declining and that is the driving force behind the continued seller’s market. Right now, the month supply of homes listed for sale is 4.5. Due to lower inventory, homes are selling at a faster pace and for […]
Broadway, Downtown Ann Arbor Condo Market Update
Broadway Condo Market Update – September 2016 Broadway Condos are located in downtown Ann Arbor near the University of Michigan medical center. There are currently 0 units listed for sale, and so far this year 1 has sold. Sold Condos: $269,900. 1203 Broadway, Ann Arbor. 1320 square feet with 3 bedrooms and 2 baths. $167,000. […]
Ann Arbor Condo Market Update – April 2016
Ann Arbor Condo Prices Up in Spring Market The strong spring market brought increased sale prices in April for Ann Arbor Condos with a median sale price of $169,900, compared with $165,000 in April 2015. Average days on the market also decreased from 46 last year, to 44 this year. Inventory increased slightly with 129 […]
Ann Arbor Condo Market Statistics – March 2016
Spring Market Brings More Condo Listings The spring real estate market is here and with it brings much need condo listings. Inventory has risen 60% since the beginning of the year. Sales are also on the rise, as new listings are selling as soon as they come to the market. Of the 208 condos listed […]
Ann Arbor Real Estate Market Update – March 2016
Home Inventory Rises as the Spring Market Begins Listing inventory is finally beginning to rise for Ann Arbor homes as we enter the highly anticipated spring market. The number of homes listed for sale is up 52% compared with the first of the year, and up 38% over last month. Ann Arbor is still in […]
Is Renting Truly Cheaper Than Buying a Home?
Owning a home is a dream for many people. You have the opportunity to invest in a place of your own and build equity, not to mention carve out a space that reflects who you are and what you love. However, worries about down payments, property taxes, maintenance, and insurance (and student loans) can make buying a […]
Ann Arbor Condo Market Update – February 2016
Ann Arbor Plunges Deeper into Seller’s Market for Condos Ann Arbor dips further into a seller’s market, with a 1.1 month supply of condo inventory, as sales continue to soar and listings aren’t keeping pace. When looking back at February over the last few years, inventory is actually pretty steady. There were 160 condos listed […]