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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 and put our expertise to work for you!

Posted Friday, April 19, 2013 by Martin Bouma