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November 2015 Ann Arbor Condo Market Update

Ann Arbor Condo Market Update - November 2015

Ann Arbor Condo sales are down from this time last year, as is listing inventory which is a direct influence on the lower number of sales. In November 2014, 43 condos sold, with only 37 selling this year. There were also 184 condos listed, whereas now there are only 151 listed. Ann Arbor condos are in a very strong seller’s market with a 2.7 month supply of units for sale.

Due to the serious lack of inventory, now is an excellent time to sell your condo! Spring is the busiest time for condo sales and the spring market starts right after the new year. Not sure how much your unit has risen in value? Contact us today at 734-761-3060 or email for a in-depth market analysis and be ready to get your condo sold!

Posted Friday, December 18, 2015 by Martin Bouma
Tags: market update, Ann Arbor Condos, condo market report