Sale Prices Soar for Ann Arbor Condos When comparing Ann Arbor condo data year-to-date through August of 2016 to that of 2017, little has changed, except in one very important area. The number of new listings that came to the market was 552 in 2016 and 550 this year, basically the same, as with the […]
Ann Arbor Condo Market Report – December 2016 It has been a busy year for Alpine condo sales. There are currently 0 units listed for sale and in 2016, 6 units have sold. Sold Condos: $182,500. 3220 Alpine Drive, Ann Arbor. 1280 square feet, +250 in finished lower level, 2 bedrooms and 2.1 baths. $181,000. […]
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 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 […]
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 […]
Where Have All The Ann Arbor Condos Gone? Ann Arbor Condo sales have dipped to the lowest number since February 2012 and will most likely continue to do so until the first few months of the new year. Inventory has taken and huge drop with the number of condos listed for sale now down 26% […]
Ann Arbor Condo Sales at Highest in Over 5 Years Ann Arbor condo sales for the past 12 months are at the highest point the real estate market has seen in over 5 years. With 582 closed listings and a 3.9 months supply of condos listed for sale, it remains a seller’s market. And with […]
Ann Arbor Condo Market Seeing Recovery As the summer real estate market winds down, Ann Arbor Condo sales remain strong. In fact, sales for the past 12 months are at their highest in more than 5 years, with 574 condos sold in the past 12 months. Inventory has hit a low, with 199 units available […]
Ann Arbor Condo Update – September 2012 At Laurel Gardens there are currently 2 units listed for sale and so far this year, 3 units have sold. Condos for Sale: 4738 Bayberry Circle, Ann Arbor. $279,900. 2142 square feet with 2 bedrooms and 2.1 baths. Listed by The Bouma Group 1274 Pepperidge Way, Ann Arbor. […]
Ann Arbor Condos in a Seller’s Market! Declining inventory, combined with increased sales in July brought Ann Arbor Condos into a seller’s market for the first time this year. The lack of inventory is pushing condo prices upward and hopefully we will see this trend continue. Now is the perfect time to get your condominium listed […]
