Brownstone, Ann Arbor Condo Report – May 2017 There a currently 0 units listed for sale at the quaint Brownstone condo community. So far this year, 0 have sold and in 2016, 1 sold. Sold Condo: $432,000. 505 Detroit St., #2, Ann Arbor. 1560 square feet with 1 bedroom, a study, and 2 baths. Since […]
Higher Priced Condos are Selling Ann Arbor Condos in the higher price ranges have been selling fairly quickly this year. In the $500,000-$1,000,000 price range, of the 13 condos listed for sale, 7 are new construction and 6 of those are under contract with a buyer. Typically the higher price points are slower to sell, […]
Oak Meadows Condo Report – January 2016 With a great location, close to restaurants, shopping, freeways and more, Oak Meadows offers spacious units with lower levels and attached garages. There are currently 2 units listed for sale, and last year 11 units sold. Condos for Sale: $259,000. 1998 Bancroft Dr., Ann Arbor. 1965 sq. ft. […]
Ann Arbor Condo Sales Down Ann Arbor Condo sales are down from this time last year, as is listing inventory which is a direct influence on the lower number of sales. In November 2014, 43 condos sold, with only 37 selling this year. There were also 184 condos listed, whereas now there are only 151 […]
Seller’s Market Continues for Ann Arbor Condos Ann Arbor Condos continue to be in a seller’s market with a 3.4 month supply of units listed for sale. Due to steady sales and lower inventory, it has been a seller’s market for the entire year. We anticipate this type of market will last throughout the rest […]
Strong Year-End for Ann Arbor Condos! The Ann Arbor Condo market ended the year on a high note for the number of units sold, with steady sales throughout the seasons. However, a lack of inventory could stall condo sales in the coming months. Typically, the spring market brings the most condo listings and this trend […]
Condo Sales in Ann Arbor Remain Steady Ann Arbor Condo sales have remained steady throughout the fall with an average of 627 units selling in the past 12 months for August-November. Inventory continues to decline with 184 units available, compared with the high in May of 252. With less inventory, Ann Arbor is currently in […]
New Inventory Slows for Ann Arbor Condos As is typical for this time of year, the Ann Arbor Condo market is seeing a drop in new inventory as fall sets in. And with fewer units listed for sale and less inventory to choose from, we are going further into a seller’s market with a current […]
The Condo Market Peaks for Summer With inventory and sales beginning to decline, it appears that the Ann Arbor Condo market has reached its peak for the summer. However, inventory and sales are way above where they have been in previous years, indicating a continued recovery. Overall, it continues to be a seller’s market with […]
Berkshire Creek Condo Report – June 2014 Activity has picked up at Berkshire Creek and values continue to rise at this Ann Arbor Condo complex. There are currently 0 units listed for sale, and so far this year 5 have sold. Sold Condos: $337,500. 3201 Asher, Ann Arbor. 2179 square feet with 2 bedrooms, 2.1 […]
