Archives: July 2017

Ann Arbor Condo Market Update – 2nd Quarter 2017

Ann Arbor Condo Market Update

Ann Arbor Condo Statistics for June 2017

Ann Arbor Condos remain in a seller’s market with a 3.4 month supply of listings at the end of the second quarter of 2017. In fact, it has been a seller’s market since May of 2013 when it was briefly a balanced market. The trend has been that May has the highest amount of inventory. But even with higher Spring inventory, it still isn’t enough to keep up with buyer demand, which is keeping it a seller’s market. The other side of this is, condo prices are being driven upward as multiple buyers bid the price up. This is great news for seller’s, but buyer’s are having to pay more.  Continue reading

Walsh Farms, Dexter Real Estate Report

Walsh Farms Real Estate Report-July 2017Walsh Farms Subdivision, Dexter MI Neighborhood

Walsh Farms is a charming country Dexter subdivision, the houses are located on 1-2 acre lots and many back to wooded or spacious common areas. There are also spectacular views of Peach Mountain and other spaces of nature. There are currently 2 homes listed for sale and so far this year, 2 have sold.

Homes for Sale:

  • $499,900. 8160 Trail Ridge, Dexter. 3022 square feet with 4 bedrooms and 3.1 baths.
  • $429,900. 7620 Fox Trace, Dexter. 2377 square feet with 4 bedrooms and 2.1 baths.

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Ann Arbor Real Estate Market – 2nd Quarter 2017

Ann Arbor Real Estate Update

Ann Arbor Real Estate Statistics for July 2017
As the second quarter comes to an end, Ann Arbor Real Estate is in a seller’s market with a 4.5 month supply of homes overall. The number of listings is at it’s highest for the year with 494 homes for sale, but demand remains high and more than half of these listings are under contract with a buyer. Over $600k, things slow down a bit and it’s more of a buyer’s market in these price points due to the higher inventory.

It’s always a great time to sell your home, but now is the best! The summer market is still going strong and spring buyers that haven’t found the perfect home yet are just waiting for new listings. Wondering what your home is worth? Don’t count on a computer generated Zestimate, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. We know the nuances of each Ann Arbor neighborhood and how to properly price your home for the market at that moment. Want to know what’s selling in your area? Get a FREE market snapshot here!

 

Huron River Acres, Ann Arbor Real Estate Report

Huron River Acres Real Estate Report – July 2017Huron River Acres Subdivision, Ann Arbor MI Neighborhood

Huron River Acres is an Ann Arbor neighborhood with spacious homes on 1/2 to 1 acre lots, it is located in the desirable North West minutes away from downtown, as well as, nature areas. There are no homes listed for sale and so far this year, 3 homes sold.

Sold Homes:

  • $545,000. 2724 Lowell Rd., Ann Arbor. 2331 square feet with 4 bedrooms and 2.1 baths.
  • $439,000. 1475 Warrington Rd., Ann Arbor. 1505 sq. ft., + 1167 in finished lower level, 4 bedrooms and 3.0 baths.
  • $375,000. 2709 Lowell, Ann Arbor. 2490 square feet with 4 bedrooms and 2.1 baths.

Last yes at Huron River Acres, 2 homes sold with an average sale price of $495,000 and an average price per square foot of $186.00. The 3 homes sold this year have an ASP of $461,667, down 7%, and an A$/SF of $231.00, up slightly. To learn more about home values at Huron River Acres, 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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Buckingham Place, Canton Real Estate Report

Buckingham Place Real Estate Report – July 2017Buckingham Place Subdivision, Canton MI neighborhood

Buckingham Place is a well desired Canton neighborhood, it has an excellent location with homes that are both enhanced and spacious. There are currently no homes listed for sale and so far this year, 2 have sold.

Sold Homes:

  • $455,000. 7263 Wadebridge Dr., Canton. 2874 sq. ft., + 1200 in finished lowered level, 5 bedrooms and 3.1 baths.
  • $399,000. 48265 Chesterfield Dr. South, Canton.2987 sq. ft., + 2987 in finished lower level, 4 bedrooms and 2.1 baths.

Last year, 6 homes sold with an average sale price of $442,500 and an average price per square foot of $131.00. The 2 homes sold this year have an ASP of $427,000, down 4%,  and an A$/SF of $146.00, up 11%. To learn more about home values at Buckingham Place, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Canton neighborhoods here!

 

 

 

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Hickory Creek, Dexter Real Estate Report

Hickory Creek Real Estate Report -July 2017Hickory Creek Subdivision, Dexter MI Neighborhood

Hickory Creek is a smaller Dexter’s neighborhood, known for it’s larger homes and natural beauty, most lots are 2 acres and back to a beautiful nature preserve. There are currently 0 homes listed for sale and so far this year, 1 has sold.

Sold Homes:

  • $439,000. 7131 Hickory Creek, Dexter. 2752 sq. ft., + 1000 in finished lower level, 4 bedrooms and 2.1 baths.

 

Last year, 1 home sold with a sale price of $411,500 and a price per square foot of $150.00. The 1 home sold this year is the same home listed as last year, it had a sale price of $439,000, up 7%, with $/SF of $160, up 7% as well. To learn more about home values here, 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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Antique Forest, Canton Real Estate Report

Antique Forest Real Estate Report-July 2017

Antique Forest is a prestigious Canton neighborhood, it has beautiful homes with custom features and many of the lots back to woods or open spaces. There are currently 2 homes listed for sale and so far this year, 4 have sold.Antique Forest Subdivision, Canton MI neighborhood

Homes for Sale:

  • $529,900. 1524 Mistwood Ct., Canton. 3500 square feet with 4 bedrooms and 2.1 baths. Sale Pending
  • $525,000. 1629 Mistwood Ct., Canton. 3619 square feet with 4 bedrooms and 3.1 baths.

Sold Homes:

  • $542,000. 1640 Lasalle, Canton. 3549 sq. ft., + 800 in finished lower level, 5 bedrooms and 4.1 baths.
  • $529,102. 2160 Mistwood Ct., Canton. 3577 square feet with 4 bedrooms and 3.1 baths.
  • $529,000. 48375 Antique , Canton. 3114 sq. ft., +1200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $500,000. 1348 Legacy Ct., Canton. 3172 square feet with 4 bedrooms and 2.1 baths.

Last year at Antique Forest, 7 homes sold with an average sale price of $515,571 and an average price per square foot of $148.00. The 4 homes sold this year have an ASP of $525,026, up slightly, and an A$/SF of $157, up 6%. To learn more about home values at Antique Forest, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Canton neighborhoods here!

 

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Churchill Downs, Ann Arbor Real Estate Report

Churchill Downs Real Estate Report-July 2017

Churchill Downs is an Ann Arbor neighborhood with a convenient location near parks, schools and athletic complexes; as well, many of the homes have been remodeled. There are currently no homes listed for sale and so far this year, 3 have sold.Churchill Downs Subdivision, Ann Arbor MI neighborhood

Sold Homes:

  • $308,700. 2130 Steeplechase Dr., Ann Arbor. 1350 sq. ft., + 600 in finished lower level, 3 bedrooms and 2.1 baths.
  • $285,000. 2210 Steeplechase Dr., Ann Arbor. 1540 square feet with 3 bedrooms and 1.1 baths. Listed by The Bouma Group
  • $276,000. 2240 Steeplechase Dr., Ann Arbor. 1728 sq. ft., + 216 in finished lower level, 3 bedrooms and 1.1 baths.

Last year at Churchill Downs, 6 homes sold with an average sale price of $306,117 and an average price per square foot of $167.00, The 3 homes sold this year have an ASP of $289,900, down 5%, and an A$/SF of $191.00, up 14%. To learn more about home values at Churchill Downs, 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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3542 Larchmont Dr., Ann Arbor Home in Glacier Highlands

3542 Larchmont Dr., Ann Arbor, MI3542 Larchmont Dr

SOLD! So much potential in this bright home just waiting for you to add your own special touches! This traditional colonial home at 3542 Larchmont Dr on just over a 1/4 acre has many features including:

  • 2075 sq ft, 4 bedrooms and 2.1 bathrooms, including a master suite.
  • Formal living and dining rooms, as well as a separate family room, provide plenty of space for the whole family.
  • Kitchen has a peninsula and is open to breakfast nook and family room with beams and brick fireplace adding a great deal of character.
  • Large master suite with ample closet space, built-ins and private bathroom.
  • 3 additional bedrooms and a second full bathroom, with double sinks, round out the upstairs.
  • More photos and features.
  • MLS# 3250831
  • Listed for $399,900

Contact the Bouma Group, Realtors to schedule your private showing today! Call us 734-761-3060 or email info@bouma.com.

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3332 Alpine Dr., Ann Arbor Condo at Georgetown Village

3332 Alpine Dr.3332 Alpine Dr., Ann Arbor, MI 48108

SOLD! Beautiful 2-story townhome with plenty of space located at 3332 Alpine Dr. Features include:

  • 2562 sq ft., with additional 800 below grade, 2 bedrooms and 2.1 baths.
  • Gorgeous winding staircase greets you as you walk in the front door.
  • Bright, white kitchen with eat-in space attached.
  • Great open flex space upstairs could be an office or playroom.
  • More photos & features
  • Virtual tour
  • MLS # 3250723
  • Listed for $299,900

Schedule a private showing today for 3332 Alpine Dr., – Contact the Bouma Group, Realtors at 734-761-3060 or email info@bouma.com.

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