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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 info@bouma.com and put our expertise to work for you!


Posted Friday, April 19, 2013 by Martin Bouma
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February 2013 Ann Arbor Condo Market Update

Ann Arbor Condo Market Statistics for February 2013


Ann Arbor Condo Stats February 2013

With a 2.9 month supply of units available for sale, Ann Arbor Condos remain in a seller's market. Compared with January, inventory is up 10% with sales about the same. As condo values continue to increase, more sellers are able to list their units as the are no longer under water with their mortgages. We will hopefully see this trend continue throughout the year.

The Bouma Group has worked hard to become Ann Arbor's #1 Condo seller! Contact us at 734-761-3060 to learn more about the current condo market and how we can help find the perfect place for you. Thinking of selling? We know the real estate market inside and out and offer the best in seller services!

Posted Tuesday, March 26, 2013 by Martin Bouma
Tags: Ann Arbor Condos, The Bouma Group Realtors, Market Report, Condo Market Trends, Condo Market Trends

January 2013 Ann Arbor Condo Update

Ann Arbor Condo Market Update - January 2013

Ann Arbor Condo Market Statistics for January 2013

For more information on these statistics, or how prices are faring in your particular Ann Arbor Condo complex, contact The Bouma Group today at 734-761-3060 or info@bouma.com. We track all statistics and know Ann Arbor condominium trends, including: price point, downtown Ann Arbor condos, specific neighborhoods, and more!

Posted Friday, March 01, 2013 by Martin Bouma
Tags: Ann Arbor Condos, The Bouma Group Realtors, Market Report, Statistics for Ann Arbor Condos, Condo Market Trends

November 2012 Ann Arbor Condo Market Update

Ann Arbor Condo Inventory at Low for Year

Ann Arbor Condo Statistics for November 2012

Inventory for Ann Arbor Condos has hit a new low and is down 45% when compared with November of last year. Sales are up, keeping it in a seller's market with a 3 month supply of condos available for sale.

How long can sales remain high when inventory is evaporating? We will continue to keep a close eye on the market and keep you updated. Be sure to check back here for monthly updates and in the meantime, view a few condo complexes here! For a more in-depth analysis of what's happening in your particular complex, contact us at The Bouma Group at 734-761-3060 or email info@condohotline.com. Thinking of purchasing a new condo? Start your search here!

Posted Wednesday, January 16, 2013 by Martin Bouma
Tags: Ann Arbor Condos, Ann Arbor Condo Market Statistics, The Bouma Group Realtors, Condo Market Activity

October 2012 Ann Arbor Condo Market Update

Ann Arbor Condo Inventory Low, Sales High

The Ann Arbor Condo market continues to be in a seller's market with a 3.5 months supply of units available for sale. And with 53% of the units listed for sale currently under contract with a buyer, it's not likely that it will end soon.
Ann Arbor Condo Stats for October 2012

When looking at the above graph, the overall Ann Arbor Condo market has continued the trend of inventory dropping and sales climbing. The Bouma Group has worked hard to become Ann Arbor's #1 Condo seller! Contact us at 734-761-3060 to learn more about the current condo market and how we can help find the perfect place for you. Thinking of selling? We know the real estate market inside and out and offer the best in seller services!

Posted Monday, November 26, 2012 by Martin Bouma
Tags: Ann Arbor Condos, ann arbor market trends, ann arbor real estate trends, Ann Arbor Market Statistics, The Bouma Group Realtors, Seller's Market