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April 2015 Ann Arbor Condo Market Update



The overall Ann Arbor Condo market continues to be in favor of the seller with a 4.1 month supply of units available. Inventory is still on the rise and condos are going under contract with buyers at about the same pace. Compared with April 2014, there are less units listed for sale with more under contract. Sales for the past 12 months is also higher.

What does this mean for condo sellers? Now is a great time to sell your condo! If you've been thinking about making a move, your condo will most likely sell quickly in this market. There is good news for buyers too! More and more condo inventory is coming to the market every day, giving you a broader selection to choose from. But you need to move quickly - many units are selling in the first few days of being listed. Whether you are a buyer or a seller, Ann Arbor Condos are hot, so contact us at The Bouma Group at 734-761-3060 to find out how you can take advantage of this market!



Posted Monday, May 18, 2015 by Martin Bouma
Tags: market update, Ann Arbor Condos, The Bouma Group Realtors, April 2015