The Downtown Ann Arbor Condo Market is Changing… Once Again! The market in 2023 will be one where both buyers and sellers are going to feel some pain. Forthe past 6-7 years, buyers and sellers were happy. Sellers were happy because they weregetting great prices for their downtown Ann Arbor condos, and buyers were happy […]
Listings Down, Sales Up in November Ann Arbor Condo inventory continues to shrink, but this didn’t slow sales in November. For the month of November there were only 30 new listings, compared with 42 in November 2016. So far this year, there have been 679 new listings, down 8% compared with 738 this time last […]
Strong Spring Market for Ann Arbor Condos The spring real estate market has been good for Ann Arbor Condos despite a lull in new listings. This time last year there were 251 condos listed for sale compared with this year’s 213. Sales are up slightly, going from 230 to 238 and the average days on […]
Sales Up for Dexter Real Estate When compared with this time last year, sales are up year-to-date for Dexter Real Estate. There have been 143 sales so far in 2016, according to the Ann Arbor Area Board of Realtors, with an average sale price of $337,498. In 2015 there were 123 sales, with an ASP […]
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 […]
Year Ends with Extremely Low Inventory Ann Arbor Condo inventory is extremely low with only 117 units listed for sale. This is the lowest it has been in the past 2 years. Sales remain higher than previous years, so condos are selling at a fast pace, indicating plenty of buyers. If more units do not […]
All Price Ranges Show Signs of Improvement While inventory for Ann Arbor condos declined slightly from the high in May, sales remain strong across all price ranges. Sales of condos over $500k are rising with 20 units sold in the past 12 months, compared with 12 in June 2013 and and only 3 in June […]
Ann Arbor Condo Sales Begin to Slow As the colder weather sets in, we are beginning to see Ann Arbor Condo sales slow a bit. While sales are up 10% when compared with last year, they are at the lowest point for 2013 with 576 condos sold in the past 12 months. Overall, it continues […]
