Liberty Lofts Condo Report – November 2015 Located in the heart of downtown Ann Arbor, Liberty Lofts is one of the more popular condo buildings. Inventory has declined from last year, which is being seen across the board. There are currently 2 units listed for sale, and so far this year 4 units have sold. […]
Condo Inventory Down 15% Compared with May 2014, Ann Arbor Condo inventory is down 15% from 252 units listed for sale at this time last year. Condo inventory is typically at its highest in May, but this year, April saw a higher number of units listed for sale at 228. Condo sales are virtually the […]
Ann Arbor Real Estate Values Skyrocket Demand for Ann Arbor homes under $500,000 is very strong and driving values sky high in most cases. In our office this spring, we’ve had many homes receive multiple offers within the first days of being listed. Some offers have been for as much as $40,000 over asking price. […]
Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]
Saline Real Estate Enters Slight Buyer’s Market Overall, Saline Real Estate has entered a slight buyer’s market with a 7.3 month supply of homes listed for sale. This can be attributed to an increase in inventory, up 29% since the end of the fourth quarter, and slower sales than last year. The $100,000 – $300,000, […]
Inventory on the Rise for Dexter Real Estate The first quarter of the year brought a lot more inventory to the market for Dexter Real Estate. The number of homes listed for sale has increased 18% from this time last year and 61% since the beginning of this year. The under $400k price range is […]
Inventory Up 38% from Beginning of Year Listing inventory for Ann Arbor Condos is up 38% from the beginning of the year as the spring condo market kicks into full gear. The spring market begins a little earlier for condos than it does for single family homes, as home sales typically revolve more around the […]
Ann Arbor Slowly Inches Towards a Balanced Market While still in a strong seller’s market, with a 3.9 month supply of homes listed for sale, the overall Ann Arbor real estate market is slowly inching towards balanced as more and more inventory becomes available. Inventory is already up 21% since January. The upper price ranges, […]
Parkwood Condo Report – April 2015 Nestled in a beautiful wooded setting on Ann Arbor’s west side, Parkwood Condos offer homeowners spacious units with full basements and attached garages. There is currently 1 unit listed for sale and in the past 12 months, 3 have sold. Condo for Sale: $324,900. 5408 Golden Oak Ln, Ann […]
East Horizons, Saline Real Estate Report – March 2015 East Horizons, a cozy neighborhood of larger homes on spacious lots. There are currently 0 homes listed for sale and last year, 1 home sold. Sold Home: $329,000. 5995 East Horizons Dr. 2130 sq. ft., plus 224 in finished lower level, 4 bedrooms and 2.1 baths. […]
