2025 has been another dynamic year for real estate in Tree Town! The Ann Arbor condo market displayed incredible variety, offering everything from efficient starter units to luxurious downtown penthouses. Whether you are a first-time buyer looking to put down roots or a seasoned investor seeking a luxury property, the 2025 numbers tell a compelling story of a vibrant and active community.
We saw a total of 565 condos sold throughout the year, with properties moving at a brisk pace. If you are curious about what your money could buy in 2025, or simply love keeping a pulse on local real estate trends, we have broken down the defining sales of the year. Let’s dive into the specifics of the lowest, median, average, and highest-priced condos sold in Ann Arbor.
A Look at the Extremes: Highs and Lows
The range of options in Ann Arbor is vast. To illustrate the full spectrum of our local market, let’s examine the entry-level options alongside the absolute peak of luxury living.
Lowest Priced Sale: Value at Independence Condos
Affordability is still possible in Ann Arbor if you know where to look. The lowest-priced sale of the year was located at 2411 Packard St 51E within the Independence Condos community.
This unit offered a great entry point into homeownership:
- Sold Price: $103,500 (Listed at $115,000)
- Size: 896 square feet
- Layout: 2 bedrooms, 1 bathroom
- Speed: Sold in just 4 days
Despite the lower price point, this condo moved incredibly fast, spending less than a week on the market. It proves that well-priced inventory at any level attracts immediate attention from buyers.
Highest Priced Sale: Luxury at N Fourth Condos
On the other end of the spectrum, we saw stunning luxury sales. The crown jewel of 2025 was 401 N 4th Avenue, a magnificent residence at N Fourth Condos right in the heart of Downtown Ann Arbor.
This property commanded a premium price for its prime Kerrytown location and expansive layout:
- Sold Price: $2,150,000 (Sold significantly over the $1,985,000 list price)
- Size: 2,543 square feet
- Layout: 2 bedrooms, 2.5 bathrooms
- Speed: Sold in just 7 days
The fact that this unit sold for $165,000 over the asking price in just one week highlights the intense demand for high-end, downtown living spaces.
The Market Core: Median and Average Sales
While the extremes grab headlines, most activity happens in the middle. Here is a look at the properties that represented the “typical” Ann Arbor condo transaction in 2025.
Median Priced Sale: Weatherstone Condos
The median price represents the exact middle of the market. For 2025, the median sale was 1659 Coburn Drive at the popular Weatherstone Condos. We were proud to list this property at The Bouma Group!
This sale perfectly represents the quality available at the mid-market range:
- Sold Price: $349,000 (Full asking price)
- Size: 1,342 square feet
- Layout: 2 bedrooms, 2 bathrooms
- Speed: Sold in 8 days
With a sale time of just over a week at full price, this transaction underscores the stability and desirability of established communities like Weatherstone.
Average Priced Sale: The Arbors
The average price for the year was the sale of 4350 Pine Ridge Court at The Arbors. The Bouma Group had the pleasure of representing the buyer for this transaction.
This property offered generous space and comfort:
- Sold Price: $414,500 (Listed at $424,900)
- Size: 1,786 square feet
- Layout: 3 bedrooms, 2.5 bathrooms
- Speed: Sold in 16 days
This sale highlights a slightly larger footprint than the median, offering buyers nearly 1,800 square feet and three bedrooms for just over $400k.
2025 Market by the Numbers
Beyond specific properties, the broader statistics give us a clear view of market health. In 2025, the average “Days on Market” (DOM) for all 565 sales was just 33 days. This indicates a seller’s market where buyers need to act decisively.
How Fast Did Homes Sell?
Speed was the name of the game for the vast majority of listings. Here is the breakdown of how long condos stayed on the market:
- 0-30 Days: 384 sales
- 31-60 Days: 93 sales
- 61-90 Days: 42 sales
- 91-120 Days: 13 sales
- 121+ Days: 33 sales
With 384 out of 565 units selling in the first month, preparation is key. Buyers who are pre-approved and ready to write offers have a distinct advantage.
New Construction and Luxury Trends
New developments continue to shape our skyline and neighborhoods. There were 31 new construction condos sold this year. These units had a longer average market time of 114 days, which is typical for new builds where sales often occur before construction is complete.
The luxury sector also showed strength. A total of 16 condos sold for over $1 million, and notably, 4 of those were new construction projects. This data suggests a growing appetite for premium, modern amenities in the Ann Arbor area.
Work with the Ann Arbor Condo Specialists
Navigating a condo market that ranges from $100k to over $2M requires local expertise and a deep understanding of neighborhood nuances. Whether you are looking to sell your current condo for top dollar or find the perfect new home in a competitive landscape, we are here to guide you.
At The Bouma Group, Realtors, we know the buildings, the bylaws, and the buyers. Let us put our experience to work for you!
Contact us today to start your journey.
Call 734-761-3060 or email info@bouma.com