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May 2014 Ann Arbor Condo Market Update

May 2014 Ann Arbor Condo Market Update



Ann Arbor Condo sales continue to climb with 673 condos sold in the last 12 months. This is up 16% over last May and up 25% over May 2012. It also remains an overall seller's market with a 4.5 months supply of condos available. Rising values are allowing most condo owners to be able to sell when they were previously under water in their mortgage. More inventory and buyer confidence is helping to make the condo market come back stronger than ever.

Thinking of selling your Ann Arbor Condo? Here at The Bouma Group, we've been the top condo seller for more than 15 years and know the market and each complex better than anyone! Call us today at 734-761-3060 or email info@bouma.com to find out what your condo is worth and how you can benefit from our knowledge, experience, and top notch marketing.



Posted Monday, June 23, 2014 by Martin Bouma
Tags: Ann Arbor Condos, ann arbor condo sales, Market Report for Ann Arbor Condos, Condo Listing Inventory