August 2012 Ann Arbor Condo Market Update

Sales High for Ann Arbor Condos

Sales continue to rise for Ann Arbor Condos and are at the highest level we've seen in over 5 years. Condos sold in the past 12 months are at 574 and the next highest sales were 568 at the end of June 2009.

August 2012 Ann Arbor Condo Statistics

Inventory continues to decline and is at the lowest point of the year with 199 units listed for sale. Prices are rising, so don't wait to purchase an Ann Arbor condo for yourself or as an income property! To find out more about Ann Arbor condo values and what your Ann Arbor condo is worth, contact us today at 734-761-3060 or We'd love to talk with you about your Ann Arbor condominium!

Posted Monday, September 17, 2012 by Martin Bouma
Tags: ann arbor condos for sale, market update, Ann Arbor Condos, Ann Arbor Condominiums, Market Statistics, ann arbor condo rentals, Ann Arbor Condos for Rent

August 2012 Ann Arbor Homes Update

Ann Arbor Home Sales Up 20%

Compared with last year, August 2011, sales for Ann Arbor homes is up by 20% and went from 1020 homes sold in the past 12 months to 1223 homes sold. With a 4.8 months supply of listings on the market, Ann Arbor Real Estate is currently in a seller's market.

Ann Arbor Home Statistics August 2012

For an in-depth analysis of these statistics, or to learn more about prices in your particular Ann Arbor subdivision, contact experts at The Bouma Group at 734-761-3060 or We track all aspects of the real estate market and know the current conditions at all times. We are your source for for up to date, accurate information and would be happy to help with your Washtenaw County real estate needs!

Posted Monday, September 17, 2012 by Martin Bouma
Tags: Ann Arbor Homes, ann arbor subdivision, ann arbor real estate trends, Ann Arbor Market Statistics, The Bouma Group Realtors