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 […]
Tag Archives: Market Report
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 […]
Greene Farms Subdivision Real Estate Report
Greene Farms Market Report – April 2016 Located in beautiful Ypsilanti Township, Greene Farms is a sizeable subdivision of moderately priced, upgraded homes. There are currently 13 homes listed for sale and so far this year, 7 homes have sold. Homes for Sale: $219,900. 7827 Hampton Ct. 1746 sq. ft., +700 in finished lower level, […]
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 […]
Ann Arbor Condo Market Update – January 2016
Ann Arbor Needs Condo Listings! Ann Arbor Condo listings are at the lowest they’ve been in January for more than 5 years and sales remain at the highest. New condos coming to the market are selling very quickly leaving inventory lacking. There are currently only 130 condos listed for sale. It remains a strong seller’s […]
Ann Arbor Condo Market Update – December 2015
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 […]
Ann Arbor Real Estate Market Update – December 2015
Ann Arbor Real Estate Market Update – November 2015
New Listings Increase for Ann Arbor in November When compared with November 2014, new residential listings increased by almost 5%. Homes sold and sale prices are also up slightly, a result of continued buyer activity and a strong local economy. Ann Arbor remains in a seller’s market with a 3.4 month supply of homes listed […]
Ann Arbor Real Estate Market Update – October 2015
Ann Arbor Real Estate Market Virtually Unchanged There were few changes to the Ann Arbor Real Estate market when compared with last month. And when compared with this time last year, the only significant change is the number of homes sold. This is a positive sign for home sellers! But unless we start to get […]