Call: 734.761.3060

September 2012 Ann Arbor Condo Market Update

Sales Continue to Rise for Ann Arbor Condos

The end of September saw Ann Arbor Condo sales, including the past 12 months, higher than they've been in over 5 years. Buyer confidence, low interest rates, rising condo prices, and a tight inventory all contribute to the condo market shifting for the better. For most Ann Arbor complexes, prices have hit bottom and are on their way up again, prompting many condo buyers to get off the fence and make a purchase. There is currently a 3.9 month supply of available condos, making for a seller's market.

Ann Arbor Condo Stats Sept 2012

To learn more about the current market conditions, contact us, the experts with The Bouma Group at 734-761-3060 or info@bouma.com. We continuously track all statistics including Downtown Ann Arbor Condos, Ann Arbor Lofts, specific complexes, price points, and we know all trends - so if you're considering purchasing or selling a condo in Ann Arbor, give us a call for the latest data. Have you checked out Ann Arbor's Condo Hotline yet? View real-time active listings and recent sold information, by-laws, floor plans, photos and more!

 

Posted Tuesday, October 30, 2012 by Martin Bouma
Tags: Ann Arbor Condos, downtown ann arbor condos, Ann Arbor Condo Market Statistics, The Bouma Group Realtors