Archives: July 6, 2017

Georgetown Commons, Ann Arbor Condo Market Update

Georgetown Commons Condo Report – July 2017Georgetown Commons, Ann Arbor MI Condo Complex

There are currently 2 units listed for sale at Georgetown Commons and so far this year, 3 have sold.

Condos for Sale:

  • $146,500.  2637 Fenwick Court, Ann Arbor. 987 square feet with 3 bedrooms and 1 bath.
  • $131,800.  2729 Winthrop Court, Ann Arbor. 820 square feet with 2 bedrooms and 1 bath.

Sold Condos:

  • $173,500.  2842 Bombridge Court, Ann Arbor. 820 sq. ft., +400 in finished lower level, 2 bedrooms and 1 bath.
  • $155,000.  2660 Fenwick Court, Ann Arbor. 987 square feet with 3 bedrooms and 1.1 baths.
  • $139,900.  2636 Fenwick Court, Ann Arbor. 882 square feet with 2 bedrooms and 1 bath.

In 2016, 21 units sold with an average sale price of $153,853 and an average price per square foot of $150.00. The 3 units sold this year have an ASP of $156,133, up 2%, and an A$/SF of $176.00, up 17%. The large jump in price per square foot means that smaller units are selling for more money than previously. To keep up-to-date with new listings, sales, and values for Georgetown Commons, or to buy or sell an Ann Arbor Condo, contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. We’d be happy to talk with you!