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September 2016 Market Update for Ann Arbor Condos

Ann Arbor Condo Statistics for October 2016Save
Buyer demand is extremely high for Ann Arbor Condos right now and the lack of inventory is driving quick sales up. When comparing this September with last September, the number of condos sold increased from 43 to 62 and the number of days on the market decreased from 50 to 22, according to the Ann Arbor Area Board of Realtors. The number of units listed during September decreased, leaving many buyers still on the lookout for the perfect condo. It remains a strong seller's market with a 2.7 month supply of condos listed for sale.

Condo sales don't revolve around the school year, as many neighborhood homes do. With high demand and fewer units on the market, now is a great time to get your condo listed for sale! Wondering what your condo could sell for today? Contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com and we can talk about it. View a list of all Ann Arbor Condo complexes to see photos, amenities, statistics, condos for sale and more!



Posted Wednesday, October 19, 2016 by Martin Bouma
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