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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March 2013 Ann Arbor Homes Update

The Ann Arbor Spring Real Estate Market is Here!

Ann Arbor Home Stats March 2013

As the spring market heats up, so do Ann Arbor home sales. Inventory is once again on the rise, giving buyers a broader selection of homes to choose from. But we are finding that homes are selling just as fast as they are coming to the market, so buyers need to be willing to move quickly. Homes are beginning to sell as soon as they are listed, and in many cases for over asking price.

It continues to be a seller's market for homes in the Ann Arbor school district with a 4.4 month supply available. The lower to mid price ranges are seeing a lot of movement and the higher price ranges are starting to gain momentum. To find out more home values in your particular Ann Arbor Subdivision, contact the real estate experts with The Bouma Group today at 734-761-3060 or email us at info@bouma.com. Click here to receive an email list of homes available for sale!

Posted Thursday, April 18, 2013 by Martin Bouma
Tags: ann arbor real estate, Ann Arbor Homes, ann arbor subdivision, Market Report, Statistics for Ann Arbor Homes

February 2013 Ann Arbor Homes Update

Ann Arbor Home Values Are Rising!

Ann Arbor Condo Market Updates for February 2013

With a 3.6 month supply of homes available for sale, Ann Arbor remains in a seller's market for the 8th month in a row. Inventory is on the rise with a 17% increase in home listed, compared with January 2013. Home sales are down just slightly, but the number of homes under contract with a buyer rose 21%.

The spring market is almost here, making this the perfect time to get your home listed for sale! If you're considering making a move in the near future, give us a call at 734-761-3060 or email info@condohotline.com and find out more about our great buyer services. Get started now and check out Ann Arbor subdivisions or search the MLS for homes!

Posted Tuesday, March 26, 2013 by Martin Bouma
Tags: ann arbor real estate, Ann Arbor Homes, Subdivision Hotline, The Bouma Group Realtors, Market Report, Trends for Ann Arbor Homes

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