March 2013 Ann Arbor Condo Market Update

Ann Arbor Condo Inventory Rises 13%!


When compared with the end of February, the end of March saw a 13% rise in Ann Arbor Condo inventory. As the spring market begins and condo values continue to rise, many sellers are finding that they are able to sell their condos, when they were previously unable to. Due to strong buyer demand and more units available for sale, there is also a rise in the number of contracts pending, up 34%.

The Bouma Group has been the #1 Ann Arbor Condo seller for over 15 years! We keep a close eye on all trends and have our finger on the pulse of the real estate market. For a more in depth analysis of these statistics or to find out the value of your condo, give us a call at 734-761-3060 or email info@bouma.com and put our expertise to work for you!


Posted Friday, April 19, 2013 by Martin Bouma
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March 2013 Ann Arbor Homes Update

The Ann Arbor Spring Real Estate Market is Here!

Ann Arbor Home Stats March 2013

As the spring market heats up, so do Ann Arbor home sales. Inventory is once again on the rise, giving buyers a broader selection of homes to choose from. But we are finding that homes are selling just as fast as they are coming to the market, so buyers need to be willing to move quickly. Homes are beginning to sell as soon as they are listed, and in many cases for over asking price.

It continues to be a seller's market for homes in the Ann Arbor school district with a 4.4 month supply available. The lower to mid price ranges are seeing a lot of movement and the higher price ranges are starting to gain momentum. To find out more home values in your particular Ann Arbor Subdivision, contact the real estate experts with The Bouma Group today at 734-761-3060 or email us at info@bouma.com. Click here to receive an email list of homes available for sale!

Posted Thursday, April 18, 2013 by Martin Bouma
Tags: ann arbor real estate, Ann Arbor Homes, ann arbor subdivision, Market Report, Statistics for Ann Arbor Homes