November 2012 Ann Arbor Condo Market Update

Ann Arbor Condo Inventory at Low for Year

Ann Arbor Condo Statistics for November 2012

Inventory for Ann Arbor Condos has hit a new low and is down 45% when compared with November of last year. Sales are up, keeping it in a seller's market with a 3 month supply of condos available for sale.

How long can sales remain high when inventory is evaporating? We will continue to keep a close eye on the market and keep you updated. Be sure to check back here for monthly updates and in the meantime, view a few condo complexes here! For a more in-depth analysis of what's happening in your particular complex, contact us at The Bouma Group at 734-761-3060 or email info@condohotline.com. Thinking of purchasing a new condo? Start your search here!

Posted Wednesday, January 16, 2013 by Martin Bouma
Tags: Ann Arbor Condos, Ann Arbor Condo Market Statistics, The Bouma Group Realtors, Condo Market Activity

December 2012 Ann Arbor Homes Update

It's Time to Sell Your Ann Arbor Home!

Ann Arbor Home Stats December 2012


Inventory for Ann Arbor homes has continued to decrease and is leaving the market, especially in some price points, with a lack of homes for sale. Currently there is a 2.9 months supply of homes listed for sale, which keeps Ann Arbor in a seller's market. Sales continue to be higher than we've seen in years, making this an excellent time to get your home sold.

Home prices are rising and many sellers that were previously upside down in their mortgage may no longer be. Find out what your home is worth and today's market by giving The Bouma Group a call at 734-761-3060 or email info@condohotline.com. With historically low interest rates, you just may be able to upgrade without a big jump in mortgage payments!

Posted Wednesday, January 16, 2013 by Martin Bouma
Tags: Ann Arbor Homes, ann arbor market trends, Ann Arbor Market Statistics, The Bouma Group Realtors, Ann Arbor Subdivisions, Sell a Home in Ann Arbor