Record September Sales for Ann Arbor Condos The Ann Arbor Condo market saw record sales in September, for the past 7 years that we’ve been tracking, with 593 units sold in the past 12 months. Listing inventory has been declining and is down 25% since the peak in May. Overall, Ann Arbor is in a […]
Tag Archives: sellers market
Ann Arbor Real Estate Update – August 2013
Ann Arbor Real Estate Stays Strong and Steady As the summer market begins to wind down in August, with the last of the summer vacations and preparing for the new school year, Ann Arbor listing inventory and home sales slow a bit from last month. But when compared with this time last year, both inventory […]
Ann Arbor Condo Market Update – July 2013
Inventory Declining for Ann Arbor Condos Ann Arbor Condo inventory is starting to decline from this year’s peak of 249 units listed for sale in May 2013. Condo sales are high and continue to be steady with a tight range of 579-608 units selling during each 12 month period. It remains a seller’s market with […]
Ann Arbor Condo Real Estate Market Update June 2013
It’s a Seller’s Market for Ann Arbor Condos The Ann Arbor Condo market is back in a seller’s market with an overall 4.3 months supply of units available for sale. More than half of the condo inventory has contracts pending, just waiting to close. Compared with last month, condo inventory has declined by 15% with […]
Ann Arbor Condo Market Update – May 2013
More Choices Available for Ann Arbor Condo Buyers! As the spring market continues, so does the increase in inventory for Ann Arbor condos. The number of units listed for sale is up 84%, compared with the end of December 2012. The overall market is currently balanced with a 5.2 months supply of condos. The under […]
Ann Arbor Real Estate Market Update – May 2013
Ann Arbor Real Estate in a Balanced Market Inventory for Ann Arbor Real Estate increased by 8%, putting us in a balanced market for the first time since July of last year, with a 5.5 months supply of homes available. As sales continue to be very strong throughout the spring, home values are rising and […]
Ann Arbor Condo Market Update – March 2013
It’s a Hot Market for Ann Arbor Condos! The Ann Arbor Condo market is heating up as spring begins. While the number of condos sold was down slightly when compared with February, the listing inventory increased by 13% and the number of units with contracts pending increased by 34%. The rise in contracts pending is […]
Ann Arbor Real Estate Market Update – March 2013
Ann Arbor Condo Market Update – January 2013
Ann Arbor Condo Market Virtually Unchanged When compared with last month, the Ann Arbor Condo market is virtually unchanged with a 2.6 month’s supply of units listed for sale, keeping it in a seller’s market. Following the continued trend, listing inventory was down by 2 units and sold condos were up by 2. Once we […]