Ann Arbor’s Q3 2025 Condo Market Recap

Welcome to our third-quarter report on the Ann Arbor condo market! The months of July, August, and September have revealed an active landscape for condo living in our city. This quarter highlighted the incredible variety available, from efficient and affordable units perfect for first-time buyers to stunning luxury residences in the heart of downtown. We are excited to share the latest trends and showcase some of the key sales that defined the last few months.

The data from Q3 2025 shows a healthy and competitive market. A total of 141 condos were sold, indicating consistent buyer interest. With an average of just 35 days on the market, well-priced properties moved at a brisk pace. This activity demonstrates that now, more than ever, having an expert team by your side is crucial for success. Let’s dive into the details!

Aerial view of downtown Ann Arbor's condo buildings

A Snapshot of the Ann Arbor Condo Market in Q3 2025

This past quarter underscored a market where desirable condos attracted significant attention and sold quickly. The average sale price for the quarter reached $438,181, with the median sale price settling at $401,825. These figures reflect the strong value and appeal of condo living in Ann Arbor, which offers a low-maintenance lifestyle with access to the city’s best amenities.

The speed of sales tells a compelling story. 67% of condos sold within the first 30 days, achieving an average of 99% of their original asking price. This signals that buyers are ready to act fast for well-priced properties. Another 16% of condos sold within 31 to 60 days at 96% of their list price, while 8.5% sold between 61 and 90 days, securing 90% of the list price. These statistics paint a picture of a market that rewards sellers who present their properties effectively.

The luxury condo market also made its mark, with four condos selling for over $1,000,000. This demonstrates the desire for high-end, maintenance-free living in premium locations.

Exploring the Condos of Q3

Behind every number is a property with its own unique appeal. Let’s take a closer look at four condos that represent the full spectrum of the market this quarter, from the most accessible to the most luxurious.

The Most Expensive Condo Sold: 441 S. Ashley #306

Evening photo of The Galley Condo building in downtown Ann Arbor

Photo courtesy of the MLS

At the top of the market, this stunning residence at The Gallery in downtown Ann Arbor sold for an impressive $1,250,000. This sale is a perfect example of the high demand for luxury urban living. We are so proud that our very own Stephanie Roberts from The Bouma Group brought the buyer to this incredible property, ensuring they found their perfect home.

  • Sale Price: $1,250,000
  • Square Feet: 1,894
  • Bedrooms/Baths: 3 bedrooms, 2 full baths
  • Key Features: Located at The Gallery, this condo offers sophisticated downtown living with premium finishes and a prime location.

An Average-Priced Gem: 2115 Nature Cove Court #202

The main entrance to one of the Nature Cove condo buildings

Representing the average price point this quarter, this beautiful condo in the Nature Cove community sold for its full list price of $435,000 in just 15 days. Its swift sale highlights the strong appeal of spacious, well-located condos.

  • Sale Price: $435,000
  • Square Feet: 2,018
  • Bedrooms/Baths: 2 bedrooms, 2 baths
  • Key Features: This property offers generous living space in a serene community, combining comfort with a connection to nature.

A Median-Priced Condo: 2231 Trillium Lane 33

Sketch of condo at Veridian at County Farm Park that is being built

Photo courtesy of the MLS

This median-priced condo, part of the exciting new Veridian at County Farm community, sold for its full price of $401,825. As a new construction unit, it represents the future of sustainable living in Ann Arbor.

  • Sale Price: $401,825
  • Square Feet: 835
  • Bedrooms/Baths: 2 bedrooms, 1 bath
  • Key Features: This condo is part of a groundbreaking Net Zero Energy community, offering cutting-edge efficiency and modern design. It was on the market for 115 days, which is typical for new construction projects awaiting completion.

The Least Expensive Condo Sold: 2154 Stone School Circle

End-unit condo at Stone School Townhomes community in Ann Arbor

Photo courtesy of the MLS

This home at Stone School Townhomes demonstrates the fantastic entry-level opportunities in Ann Arbor’s condo market. It sold for its full asking price of $120,800 after 37 days on the market, offering incredible value.

  • Sale Price: $120,800
  • Square Feet: 732, plus 329 in the finished lower level
  • Bedrooms/Baths: 2 bedrooms, 1 full bath
  • Key Features: This townhome provided an affordable entry point into the market with valuable bonus space in the finished lower level.

What This Means for You

The third quarter of 2025 has confirmed that Ann Arbor’s condo market is dynamic and full of opportunity. For sellers, the current conditions are highly favorable, with strong demand leading to quick sales at excellent prices. For buyers, the market is competitive, but a wide range of options exists across all price points. Success in this environment requires timely action and the guidance of a seasoned professional.

Whether you are considering buying your first condo, selling your current residence, or investing in a luxury downtown property, our team at The Bouma Group is ready to guide you. We have the expertise, market knowledge, and dedication to help you achieve your real estate dreams.

Contact us at The Bouma Group, Realtors today at 734-761-3060 or info@condohotline.com to start the conversation about your next move! Browse Ann Arbor Condo Communities here!