2823 Foster Avenue, Ann Arbor MI

Just Listed! Classic colonial located in an established neighborhood on the east side of Ann Arbor close to expressways, great shopping, and restaurants. Features include:

• 1680 sq. ft. +630 in finished lower level, 4 bedrooms, 1.1 baths
• Updated, eat-in kitchen, formal living & dining rooms
• Family room with wood burning fireplace
• Large, partially covered deck overlooks fenced back yard
• Virtual tour
• More photos and features
• MLS#3213919
• Listed for $172,900

To request a private showing for 2823 Foster Ave or to learn more about this Ann Arbor home, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. Not the right property for you? Search the MLS for homes here!

Spring Dexter Real Estate Market Heats Up!

The spring real estate market is in full force and we are seeing increases in inventory, homes under contract with buyers, and sales. The rise in inventory has pushed Dexter into a slight buyer’s market with a 7.5 months supply of homes listed for sale. Homes are still going under contract at a swift pace and a steady increase continues to show a recovering market.

For more information on the Dexter Real Estate market and to find out what is happening in your particular subdivision, contact us at 734-761-3060 or info@bouma.com. Here at The Bouma Group, we keep a close eye all real estate trends and provide you with a monthly update and statistics report. Be sure to check back here at our blog for new updates. Want to know what your home is worth? Visit www.annarbormarkettrends.com for an instant valuation for your home now!

5878 Willow Ridge, Ypsilanti MI

Just Listed! Move-in ready, like new ranch style home located in Pittsfield Township’s Willow Pond subdivision. Features include:

• 1521 square feet with 3 bedrooms and 2 full baths
• New carpet and flooring, freshly painted throughout
• Large master bedroom suite with totally remodeled bath
• More photos and features
• MLS#3213911
• Listed for $189,900

This pristine home at 5878 Willow Ridge won’t last on the market long, so contact us at The Bouma Group today at 734-761-3060 or info@bouma.com to schedule your private showing!

2406 Meadowridge Court, Ann Arbor MI

New Listing at Foxfire Subdivision! Situated on a fantastic lot, backing to a wooded ravine, this updated home offers:

• 1914 sq. ft. +1000 in finished walkout lower level, 3 bedrooms, 3.1 baths
• Kitchen updated with granite counters, ceramic tile, newer appliances
• Lower level has 4th bedroom, full bath, wet bar, and family room
• Virtual tour
• More photos & details
• MLS#3213809
• Listed for $359,900

To request a private showing for 2406 Meadowridge Ct., or to learn more about home values at Foxfire, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View more of our Featured Properties here!

More Choices Available for Ann Arbor Condo Buyers!

As the spring market continues, so does the increase in inventory for Ann Arbor condos. The number of units listed for sale is up 84%, compared with the end of December 2012. The overall market is currently balanced with a 5.2 months supply of condos. The under $100,000 price range remains in a seller’s market.

Increased sales have helped prices to rise and now more condo owners are finding themselves able to sell their units, whereas before they were under water with their mortgage. More units on the market is good news for buyers, giving them more choices than in the recent past. If you’re thinking of purchasing a condo for yourself or as an investment property, don’t wait for prices to rise even more. Give us a call at The Bouma Group at 761-3060 to get set up on a real estate search. Check out Ann Arbor Condo complexes here!

1300 Heatherwood, Ann Arbor MI

New Listing! Freshly painted and recently updated Heatherwood condo! This second floor unit offers:

• 1376 square feet with 2 bedrooms, 2 full baths, study
• Brand new, low maintenance wood laminate flooring
• Expansive master suite with walk-in closet and private bath
• Covered deck
• Additional photos & features
• MLS#3213778
• Listed for $145,000

For more information on 1300 Heatherwood, contact us – your Ann Arbor Condo specialists at The Bouma Group at 734-761-3060 or email info@bouma.com. Schedule your private showing here!

Ann Arbor Real Estate Report – June 2013

There are currently 0 homes listed for sale at Meadowinds subdivision and in the past 12 months, 4 homes have sold.

Sold Homes:

• 1923 Harley Drive, Ann Arbor. $298,000. 2463 square feet, 3 bedrooms, 2.1 baths.
• 1848 Harley Drive, Ann Arbor. $347,500.0 2463 sq. ft. +958 in finished lower level, 5 bedrooms, 3 baths.
• 2829 Windside Court, Ann Arbor. $400,000. 2468 sq. ft. +850 in finished lower level, 5 bedrooms, 3.1 baths.
• 1824 Harley Drive, Ann Arbor. $400,500. 2647 sq. ft. +1213 in finished lower level, 4 bedrooms, 3.1 baths.

Home prices at Meadowinds, Ann Arbor continue to increase after a low in 2011, with many homes in the area selling in the first day or two of listing. Are you thinking of selling your home? It may be worth more than you thought! Contact us, the Ann Arbor Real Estate specialists at The Bouma Group for a market analysis of your home at 734-761-3060 or info@bouma.com. Our marketing plan is second to none, learn more about it here!

Ann Arbor Real Estate in a Balanced Market

Inventory for Ann Arbor Real Estate increased by 8%, putting us in a balanced market for the first time since July of last year, with a 5.5 months supply of homes available. As sales continue to be very strong throughout the spring, home values are rising and many sellers are finding they are able to sell their homes when they previously could not. Compared with May 2012, sales are up by 10% showing there is still a strong buyer pool out there.  The under $500,000 market continues to be in a seller’s market, with the exception of the $300k-$400k range being balanced, as these homes are selling very quickly, especially if they are priced right and in great condition.

With the continued price increases in the Ann Arbor area, your home may be worth a lot more than you think! For more information on the current market conditions or to find out what your home is worth, contact the Ann Arbor Real Estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com. Search the MLS for homes here!

3784 Briar Parkway, Ann Arbor

Just Listed! A private, fenced back yard is just one of the highlights of this light-filled home at the desirable Briar Hill. Details include:

• 3180 square feet with 4 bedrooms and 2.1 baths
• Soaring, 2 story great room with large windows and brick fireplace
• Master suite with tray ceiling, bay window and vaulted master bath
• Large deck with motorized awning
• Virtual tour
• More photos & details
• MLS#3213526
• Listed for $442,900

For more information on 3784 Briar Pkwy and to request your private showing, contact the Ann Arbor Real Estate specialists with The Bouma Group at 734-761-3060 or info@bouma.com. Search the MLS for Ann Arbor Homes now!

Ann Arbor Real Estate Update – June 2013

There are currently 2 homes listed for sale at The Uplands of Scio Ridge, with 1 home under contract with a buyer. In the past 12 months, 3 homes have sold.

Homes for Sale:

• 1940 Hedgenettle Ct., Ann Arbor. $450,000. 2429 sq. ft. +1757 in finished lower level, 4 bedrooms, 3.1 baths.
• 3233 Rockcress Ct., Ann Arbor. $400,000. 2586 sq. ft. +883 in finished lower level, 3 bedrooms, 3.1 baths.

Sold Homes:

• 1893 Chicory Ridge, Ann Arbor. $425,000.  2704 sq. ft. +1357 in finished lower level, 4 bedrooms, 3.1 baths.
• 1901 Chicory Ridge, Ann Arbor. $415,102.  2545 sq. ft. +1300 in finished lower level, 4 bedrooms, 3.2 baths.
• 3209 Bellflower, Ann Arbor. $345,000.  2448 sq. ft. +1066 in finished lower level, 5 bedrooms, 3.1 baths.

In 2011 at The Uplands, 2 homes sold with an average sale price of $378,000 and average price per square foot of $128.77. Last year, 4 homes sold with an ASP of $401,355, up 6%, and an A$/SF of $148.74, up 15.5%. For more information on real estate values at this upscale Ann Arbor subdivision, contact the specialists with The Bouma Group today at 734-761-3060 or info@bouma.com today! Thinking of selling your home? Read more about our fantastic Seller Services here!