Ann Arbor condos are taking twice as long to sell as houses
Ann Arbor condos are taking twice as long to sell as houses
2026-09-12 · Michigan · Compliance · Reported — unconfirmed
Reported. A market analysis published for July 2026 found Ann Arbor condominiums decoupling from the detached market in the same school-district area. The brokerage states its methodology: analysis of MLS residential listings and sales in Ann Arbor Public Schools attendance areas, pulled 7 August 2026, covering 7,810 records since January 2023.1
The numbers
- 61 condominium sales in the month.
- Median price $355,000, at $255 per square foot.
- 30 days on market — roughly twice as long as houses in the same market.
- 34% of condo sellers cut their price, against 24% for houses.
- Condominium price per square foot down 8% year over year.
This is a brokerage analysis of MLS data, not an official statistic. It is named, dated and states its method, which is more than most Michigan condominium market claims can say.
Why a market report matters to a board at all
Because the association is a variable in it. Condominium buyers underwrite two things: the unit and the association. Detached buyers underwrite one.
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