The condo market in Ann Arbor saw less than a 1% decrease in prices for September 2008 from September 2007. Year to date condos' are down 8.5% in Ann Arbor.
The good news for condo buyers in Ann Arbor is that the inventory is also down by 32.75%. For the month of September the condo listings are down 24%. Less inventory on the market is a good thing.
Price your condo right, and be in excellent showing condition and your condo will sell. In Ann Arbor we have so many buyers that are attending school at the University of Michigan for only a few years that many chose to buy a condo so they can focus on school.
Average days on the market for condo sales in Washtenaw County is 91.
To see the graphs in detail, visit Ann Arbor Real Estate Talk.
You can begin you condo search at Search Ann Arbor Houses.
Missy Caulk & Team can be reached at 734-926-9797 or email: Missy@MissyCaulk.com
Our Team of 6 agents are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.
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