Ann Arbor Condo Market Report – Summer 2017

Sale Prices Soar for Ann Arbor Condos

Ann Arbor Condo Statistics for August 2017 and Second Quarter

When comparing Ann Arbor condo data year-to-date through August of 2016 to that of 2017, little has changed, except in one very important area. The number of new listings that came to the market was 552 in 2016 and 550 this year, basically the same, as with the number of sales, 455 vs. 447. However, the average sale price of Ann Arbor condos has skyrocketed from $203,743 YTD in 2016 to $252,547 this YTD, an increase of $24%!  The low supply is keeping demand high, which is raising the average sale price. This is also apparent in the average days on the market which has decreased from 31 to 27. Once we see inventory begin to rise, prices will level out. Continue reading

Dhu Varren on the Park, Ann Arbor Real Estate Update

Dhu Varren on the Park Real Estate Report – September 2017Dhu Varren on the Park subdivision Ann Arbor MI neighborhood

Dhu Varren on the Park is an Ann Arbor neighborhood with traditional and contemporary style homes, many of which, back to a ravine, woods or Leslie Park; Olsen and Leslie Park are within walking distance of the subdivision and have a variety of courts and walking trails. There is currently 1 home listed for sale and so far this year, 1 has sold.

Homes for Sale:

  • $425,000. 2872 Leslie Park Cir., Ann Arbor. 2659 square feet with 4 bedrooms and 2.1 baths.

Sold Homes:

  • $460,000. 2818 Leslie Park Cir., Ann Arbor. 3014 sq. ft., + 1100 in finished lower level, 4 bedrooms and 2.2 baths.

Last year at Dhu Varren on the Park, 5 homes sold with an average sale price of $413,900 and an average price per square foot of $169.00. The 1 home sold this year has a sale price of $460,000, up 11%, and a price per square foot of $153.00, down 9%. To learn more about home values at Dhu Varren on the Park, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

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Balmoral Park Condos, Ann Arbor Real Estate Report

Balmoral Park Condos Real Estate Report – September 2017Balmoral Park Condos Ann Arbor MI

Balmoral Park is a newer Ann Arbor complex, the large condos include many features and are situated among mature foliage and wetlands which are wonderfully landscaped. There is currently 1 condo listed for sale and so far this year, 2 have sold.

Condos for Sale:

  • $288,000. 224 W. Oakbrook Dr., Ann Arbor. 1250 sq. ft., + 400 in finished lower level, 2 bedrooms and 2.1 baths. Sale Pending

Sold Condos:

  • $310,000. 139 W. Oakbrook Dr., Ann Arbor. 1470 sq. ft., + 400 in finished lower level, 2 bedrooms and 2.0 baths.
  • $290,000. 225 W. Oakbrook Dr., Ann Arbor. 1250 sq. ft., + 624 in finished lower level, 3 bedrooms and 2.1 baths.

Last year at Balmoral Park, 10 condos sold with an average sale price of $273,480 an an average price per square foot of $211.00. The 2 condos sold this year have an ASP of $300,000, up 10%, and an A$/SF of $221.00, up 5%. To learn more about home values at Balmoral Park, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

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Stonebridge Estates, Ann Arbor Real Estate Update

Stonebridge Estates Real Estate Report – September 2017

Stonebridge Estates is a large Ann Arbor neighborhood made up of several different communities, it is very popular and has a community park. There are currently 9 homes listed for sale and so far this year, 6 have sold.Stonebridge Estates subdivision Ann Arbor MI neighborhood

Homes for Sale:

  • $799,000. 2040 Bay Hill Ct., Ann Arbor. 3902 sq. ft., + 1293 in finished lower level, 4 bedrooms and 3.1 baths. Sale Pending
  • $645,000. 1718 Bent Pine Ct., Ann Arbor. 2520 sq. ft., + 978 in finished lower level, 4 bedrooms and 3.1 baths.
  • $644,000. 1776 Stonebridge Dr. N., Ann Arbor. 2994 sq. ft., + 1290 in finished lower level, 3 bedrooms and 3.1 baths. Sale Pending
  • $635,000. 1848 S. Stonebridge Dr., Ann Arbor. 3372 sq. ft., + 1200 in finished lower level, 4 bedrooms and 3.2 baths.
  • $614,900. 1725 Stonebridge Dr., Ann Arbor. 3115 sq. ft., + 1350 in finished lower level, 4 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $599,900. 1770 Cypress Pointe Ct., Ann Arbor. 3344 sq. ft., + 1800 in finished lower level, 4 bedrooms and 4.1 baths.
  • $556,000. 1856 N. Stonebridge Dr., Ann Arbor. 2716 sq. ft., + 900 in finished lower level, 4 bedrooms and 3.1 baths. Sale Pending
  • $545,000. 4484 Boulder Pond Dr., Ann Arbor. 2867 square feet with 4 bedrooms and 3.1 baths.

For a complete list of Homes for Sale at Stonebridge Estates, Ann Arbor contact us at (734)761-3060

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10 Autumn Upkeep Tips for Your Home and Yard

10 Autumn Upkeep Tips

10 Autumn Upkeep Tips Photo of Fall Leaves

Fall is here! As the temperatures become cooler, it’s a great time to start thinking about autumn maintenance in and around your home. The last thing you want is to be trying to finish home improvement projects outside as the snow starts to fly. Here are 10 autumn upkeep tips that you should consider doing now so that you’ll have more time to prepare for the holidays later.

  1. SEPTIC TANK – In addition to regular inspections, you should have your tank pumped out by a licensed contractor every 2 – 5 years depending on usage.
  2. INDOORS – Replace screens with storm windows if applicable. Reverse your ceiling fan to spin clockwise for fall and winter to pull cool air up and warm air down. Pull out your quilts and comforters to make your home more cozy.
  3. DÉCOR – Why wait until it’s cold and snowy to hang holiday lights? Get the job done now while it’s warm and sunny, and then just plug them in when the time is right. Be sure to test everything before hanging and pick up extra bulbs if needed.
  4. HVAC – Have you changed your furnace filter lately? Consider scheduling your annual furnace inspection now before they book up. Have venting cleaned and/or inspected.
  5. FIREPLACE – Have your chimney cleaned and inspected prior to using your fireplace for chilly fall evenings. Have firewood delivered or find a reliable source.
  6. INSULATION – Add attic and/or wall insulation to lower heating bills over the winter. Purchase insulating film and window air conditioner covers if you plan to use them. Weather-strip windows and doors and install storm windows and doors if applicable.
  7. ROOF – Inspect your roof for damage or dampness and make or schedule repairs if needed. Clean out and inspect gutters. Consider installing heating cables if you have sustained damage from ice dams in the past.
  8. WATER – Turn off outside faucets and ensure that all related pipes have been drained to avoid bursting. Direct downspouts far away from your foundation to avoid flooding during spring thaws.
  9. OUTSIDE – Put away patio furniture, grills, and yard implements. Cut back perennials and clean out annuals. Winterize your lawn mower and have your snow blower readied for use. Purchase a new shovel before the stores run out after the first snow. Have salt and/or sand ready for your sidewalk and driveway.
  10. FINANCES – While this could be done any time of year, “earn” a little extra money for holiday shopping by calling your alarm, cable, and insurance companies to ask if there are any new promotions or discounts that might apply to you, especially if you have been a long-time customer. Doing a little research beforehand, such as calling a competitor for a bid, could result in significant savings from what you’re currently paying.

If you think you might be ready for a new home to improve, call us today and we’ll match you with a seasoned exclusive buyers agent at The Bouma Group, Realtors to guide you through the process. They have local knowledge and market experience and can help you find your new home for the holidays. Call 734-761-3060 or email info@bouma.com today!

Loch Alpine, Dexter Real Estate Report

Loch Alpine Real Estate Report – September 2017Loch Alpine subdivision Dexter MI neighborhood

Loch Alpine is a family friendly Dexter neighborhood surrounded by nature, not only are there lakes and walking trails but lots also range from 1/4 – 1 acre in size; there is also other outdoor recreational areas nearby. There are currently 6 homes listed for sale and so far this year, 15 have sold.

Homes for Sale:

  • $544,900. 4575 East Loch Alpine. 3052 sq. ft., + 850 in finished lower level, 4 bedrooms and 2.2 baths.
  • $385,000. 4345 Crestline Drive. 1946 sq. ft., + 1500 in finished lower level, 4 bedrooms and 3.0 baths.
  • $362,500. 4536 Bridgeway Drive. 2345 square feet with 4 bedrooms and 2.1 baths.
  • $319,000. 4181 Sunset Court. 2089 sq. ft., + 660 in finished lower level, 3 bedrooms and 2.2 baths.
  • $299,000. 3820 West Loch Alpine Drive. 2026 square feet with 3 bedrooms and 2.0 baths.
  • $279,000. 4041 Rondo Court. 2091 sq. ft., + 250 in finished lower level, 3 bedrooms and 2.0 baths. Sale Pending

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Lansdowne, Ann Arbor Real Estate Report

Lansdowne Real Estate Report – September 2017Lansdowne subdivision Ann Arbor MI neighborhood

Lansdowne is an Ann Arbor Neighborhood with quality, traditional homes set on considerably sized lots, the subdivision has mature vegetation and paved sidewalks. There is currently 1 home listed for sale and so far this year, 5 have sold.

Homes for Sale

  • $650,000. 2071 Greenview Dr., Ann Arbor. 2359 square feet with 4 bedrooms and 2.1 baths.

Sold Homes:

  • $505,000. 2079 Delaware Dr., Ann Arbor. 2377 square feet with 4 bedrooms and 2.1 baths.
  • $503,000. 1150 Morehead Ct., Ann Arbor. 2260 sq. ft., + 904 in finished lower level, 4 bedrooms and 3.1 baths.
  • $490,000. 2215 Tilsby Ct., Ann Arbor. 2480 square feet with 4 bedrooms and 2.1 baths.
  • $480,000. 2044 Winsted Blvd., Ann Arbor. 2192 sq. ft., + 546 in finished lower level, 4 bedrooms and 2.1 baths.
  • $375,000. 2354 Delaware Dr., Ann Arbor. 2099 square feet with 4 bedrooms and 2.1 baths.

Last year at Lansdowne, 12 homes sold with an average sale price of $428,292 and an average price per square foot of $205.00. The 5 homes sold this year have an ASP of $470,600, up 10%, and an A$/SF of $206.00, up slightly. To learn more about home values at Lansdowne, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

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Barclay Park Condos, Ann Arbor Real Estate Report

Barclay Park Condo Report – September 2017Barclay Park Condos Ann Arbor MI

Barclay Park is a quiet and tranquil Ann Arbor complex, the professional landscaping is maintained year round and features a fountain and village square; there is also a clubhouse with a variety of sports courts. There are currently 3 condos listed for sale and so far this year, 17 have sold.

Condos for Sale:

  • $299,000. 3011 Barclay Way, Ann Arbor. 1623 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • $265,000. 2748 Barclay Way, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths. Sale Pending
  • $252,900. 2711 Barclay Way, Ann Arbor. 1300 square feet with 2 bedrooms and 2.1 baths. Sale Pending

Sold Condos:

  • $320,000. 3073 Barclay Way, Ann Arbor. 2008 sq. ft., + 438 in finished lower level, 3 bedrooms and 2.2 baths.
  • $312,888. 2752 Barclay, Ann Arbor. 2008 square feet with 3 bedrooms and 2.2 baths.
  • $292,000. 3079 Barclay Way, Ann Arbor. 2008 square feet with 3 bedrooms and 2.2 baths. Listed by The Bouma Group
  • $284,900. 2723 Barclay Way, Ann Arbor. 1416 square feet with 3 bedrooms and 2.1 baths.
  • $282,000. 2890 Barclay Way, Ann Arbor. 2008 square feet with 3 bedrooms and 3.1 baths.
  • $270,000. 2884 Barclay Way, Ann Arbor. 1416 square feet with 3 bedrooms and 2.1 baths.
  • $267,000. 2942 Barclay, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths.
  • $262,000. 3030 Barclay Way, Ann Arbor. 1148 square feet with 2 bedrooms and 2.1 baths. Listed by The Bouma Group

For a complete list of Sold Condos at Barclay Park, Ann Arbor, contact us at (734)761-3060

Last year at Barclay Park, 38 condos sold with an average sale price of $236,245 and an average price per square foot of $175.00. The 17 condos sold this year have an ASP of $259,511, up 10%, and an A$/SF of $187.00, up 7%. To learn more about condo values at Barclay Park, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!

 

 

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Travis Pointe, Saline Real Estate Report

Travis Pointe Real Estate Report – September 2017Travis Pointe subdivision, Saline MI neighborhood

Travis Pointe is an elegant and upscale Saline neighborhood, the custom homes are situated on large, beautifully manicured lots with varying views of rolling hills, ponds or the golf course; there is also a private member-owned facility at the center, which includes courts, a fitness gym, swimming pools and space to hold special occasions. There are currently 3 homes listed for sale and so far this year, 5 have sold.

Homes for Sale:

  • $1,249,900. 4514 Cross Creek Dr., Saline. 3320 sq. ft., + 2516 in finished lower level, 4 bedrooms and 4.1 baths.
  • $1,085,000. 3237 Heather, Saline. 5317 sq. ft., + 2100  in finished lower level, 5 bedrooms and 4.2 baths. Sale Pending
  • $860,000. 2871 Fairway Dr., Saline. 4288 sq. ft., + 2500 in finished lower level, 5 bedrooms and 4.1 baths.

Sold Homes:

  • $1,017,000. 2918 Fairway Dr., Saline. 3904 sq. ft., + 1400 in finished lower level, 4 bedrooms and 4.1 baths.
  • $805,000. 5074 Village Rd., Saline. 4814 sq. ft., + 2800 in finished lower level, 5 bedrooms and 3.1 baths.
  • $779,000. 4572 Boxwood Ct., Saline. 3436 sq. ft., + 1400 in finished lower level, 4 bedrooms and 4.1 baths.
  • $420,000. 3090 Burr Stone Ct., Saline. 2500 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.1 baths.
  • $385,000. 5950 Bellwether Dr., Saline. 2046 sq. ft., + 420 in finished lower level, 3 bedrooms and 2.1 baths.

Last year at Travis Pointe, 16 homes sold with an average sale price of $530,319 and an average price per square foot of $173.00. The 5 homes sold this year have an ASP of $681,200, up 28%, and an A$/SF of $202.00, up 17%. To learn more about home values at Travis Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Saline neighborhoods here!

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North Ralaric Farms, Dexter Real Estate Update

North Ralaric Farms Real Estate Report – September 2017North Ralaric Farms subdivision Dexter MI neighborhood

North Ralaric Farms is a Dexter neighborhood in a country setting that is only minutes from the downtown, the homes have 1-2 acre lots with many of them backing to wooded or natural areas. There is currently 1 home listed for sale and so far this year, 2 have sold.

Homes for Sale:

  • $459,900. 4357 Lori Lynn Lane. 2783 sq. ft., + 121o in finished lower level, 4 bedrooms and 3.1 baths.

Sold Homes:

  • $394,500. 4188 Lori Lynn Lane. 2100 sq. ft., + 1000 in finished lower level, 4 bedrooms and 3.1 baths.
  • $357,500. 4162 Lori Lynn Lane. 2633 sq. ft., + 900 in finished lower level, 4 bedrooms and 2.1 baths.

Last year at North Ralaric Farms, 1 home sold with a sale price of $375,000 and a price per square foot of $156.00. The 2 homes sold this year have an average sale price of $376,000, up slightly, and an average price per square foot of $162.00, up 4%. To learn more about home values at North Ralaric Farms, contact the Real Estate Specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Dexter neighborhoods here!

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