How is the Real Estate Market in Ann Arbor for April 2026?
New listings up, months of supply up (especially for condos), and median sales price flat to up slightly.
Disclaimer- No part of this was written by a third party or a robot.
What are the Trends Year-to-Date in Ann Arbor?
The trends to watch are increased inventory (especially for condos), interest rates, and consumer confidence.
We got off to a slow start for sales in the beginning of the year because the it was so cold and it has just started to warm up.
According to the sales data, we can see the months supply of homes (representing single-family and condos) has continued to increase since the end of 2024.
If we zoom in and focus on the supply of condos for sale, we can see the dramatic increase in inventory in the past year.
According to the Federal Reserve data for 30-year mortgage rate averages, we saw rates fall since the middle of last year until March of this year, then they went back up. The recent sales momentum reflects the weather improving and traditional spring market but also encouraging signs on mortgage until just recently.
This leads to the University of Michigan consumer sentiment survey. As Americans, we were a pretty optimistic buying bunch until 2020, then confidence took a hit and has yet to recover and testing new lows.
The number of new listings and supply of properties for sale, interest rates, and consumer confidence will all play a role in how the real estate market does the rest of the year.
How Does the Sales Data Look for The Ann Arbor School District for Single-Family Homes?
New listings up. Months supply of homes for sale up. Prices trending sideways.
New listings are up both year-to-date and this April compared to last April.
Months supply of homes is up 12% from this time last year.
Prices are mixed to flat with average sales prices up year to date.
As we look at the chart of median sales prices going back to 2013, we can see the trend line is up with periods of trending sideways.
Thinking about selling or buying in this market, we have a track record of success in various market conditions.
How Does the Sales Data Look for The Ann Arbor School District for Condos?
New listings up. Months supply of condos for sale up. Prices trending sideways.
New listings are up 10% year to date.
Months supply of condos is up 76.9% from this time last year.
Prices are mixed to flat with average sales prices up year to date.
As we look at the chart of median sales prices going back to 2013, we can see the trend line is up with periods of trending sideways.
When thinking of selling or buying, it is important to understand market conditions to make informed decisions.
“The number of new listings and supply of properties for sale, interest rates, and consumer confidence will all play a role in how the real estate market does the rest of the year.”
How are the Total Number of Sales Doing in Ann Arbor?
If we go back ten years, the total number of sales for single-family homes and condos have yet to recover to pre-2020 levels.
The total number of sales has been affected by the number of properties for sale, interest rates, and affordability.
Bottom Line For the Real Estate Market In Ann Arbor for April 2026
Despite the number of properties for sale rising, interest rates rising, and consumer sentiment at historic lows, properties are still selling but they must be priced well.
We will see as the year progresses how the real estate market continues to perform in Ann Arbor.
To your success!
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Arbor Advising has a passion for helping people buy, sell, and invest in real estate.
