Low Inventory of Ann Arbor Homes Sets Stage for Higher Prices Ann Arbor Real Estate inventory is still declining and that is the driving force behind the continued seller’s market. Right now, the month supply of homes listed for sale is 4.5. Due to lower inventory, homes are selling at a faster pace and for […]
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 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 […]
Year Ends in Strong Seller’s Market for Ann Arbor Ann Arbor Real Estate ended the year in a strong seller’s market with a 2.6 month supply of homes listed for sale. Inventory continues to dwindle, as it typically does this time of year, but it is at its lowest point in quite a few years. […]
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 Condo Sales Continue to Rise While inventory for Ann Arbor Condos is down 14%, when compared with this time last year, sales for previous 12 months are up by 17%! Low inventory, combined with high sales is keeping Ann Arbor in a seller’s market with a 2.7 month supply of condos listed for […]
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 […]
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 […]
Condo Sales in Ann Arbor Up Year-to-Date Condo sales in Ann Arbor are up 7% year-to-date when compared with this time last year. Sale for the month of July were actually a bit slower than last July, down 13.3%, indicating that the first half of this year was busier for closings. Overall, Ann Arbor condos […]
Ann Arbor Condo Sales Still Going Strong Ann Arbor Condo sales remain strong as inventory begins to decline. The number of units listed for sale in June decreased by 15% and when compared with June of last year, inventory is down 25%. Condos in Ann Arbor are currently in a seller’s market with a 3.3 […]
