Key Takeaways: After a turbulent 2020, many homeowners are holding out until spring to list their properties. Though spring is usually the busiest season for real estate, now is the time to take advantage of high prices, low interest rates, and skyrocketing demand for homes. Not sure when to list? Get in touch with us […]
67% of Ann Arbor Condos Under Contract The overall Ann Arbor Condo market continues to be in favor of the seller with a 4.1 month supply of units available. Inventory is still on the rise and condos are going under contract with buyers at about the same pace. Compared with April 2014, there are less […]
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, […]
This is the time of year that has home buyers and home sellers alike excited: The Spring Home Buying Season! For buyers, it’s a great time to purchase a home because the school year is coming to an end and residents have all summer to move before it’s back in session. For sellers, it’s a […]
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 […]
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 […]
The Ann Arbor Real Estate Spring Market Has Sprung! As the Ann Arbor Real Estate market heads into spring, we are seeing a much needed increase in inventory. The amount of homes listed for sale at the end of March was up 23%, when compared with the end of February, with the amount of homes […]
Inventory Increases 10% for Ann Arbor Condos Inventory for the Ann Arbor Condo market is starting to pick up as spring approaches. Compared with last month, the number of units for sale is up 10%, which is good news for condo buyers. However, compared with February of last year, there is a 37% drop in […]
Now is the Time to List Your Ann Arbor Home! While compiling market statistics today for our friends at Ann Arbor.com, the lack of inventory at the most popular Ann Arbor subdivisions became even more clear. Due to the velocity of home sales in the past year, without a break in pace throughout the winter […]
