Average Days on the market condos in Ann Arbor was 105.
Average List price was $239,945, up 13.5% from April 2007.
Average Sales price for condos in Ann Arbor and Washtenaw County was $172,938.00 in April. This is down nearly 17.5% compared to April 2007.
April is the time of year when many U of M. Residents come to Ann Arbor and we have seen a number of condo's come off the market near the U of M. hospitals. There were 42% more closings on condos in April of 2008 than in April of last year.
Over all the condo market is still saturated, but with closings up 17% this is a help in reducing the amount of inventory.
You can begin you home search here at Search Ann Arbor Houses.
Missy Caulk & Team
734-216-2822
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