Archives: February 3, 2018

Traver Lakes, Ann Arbor Condominium Report for 2017

Traver Lakes Year End Condo Report – 2017Traver Lakes Condos, Ann Arbor, MI

In 2017, Traver Lakes sold a total of 5 condos; 1 of which The Bouma Group was involved with. The sales increased by 3 condos compared to 2016. Offers that were both above and below listing price were accepted, which shows negotiation between buyers and sellers.

Sold Condos:

  • $277,000. 2535 Meade Ct., Ann Arbor. 1420 sq. ft., + 600 in finished lower level, 3 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $272,000. 2527 Meade Ct., Ann Arbor. 1496 sq. ft., + 350 in finished lower level, 3 bedrooms and 2.1 baths.
  • $249,000. 2605 Meade, Ann Arbor. 1500 square feet with 3 bedrooms and 2.2 baths.
  • $230, 564. 2640 Traver Blvd., Ann Arbor. 1500 sq. ft., + 712 in finished lower level, 3 bedrooms and 2.2 baths.
  • $200,000. 2607 Meade Ct., Ann Arbor. 1420 sq. ft., + 500 in finished lower level, 3 bedrooms and 2.1 baths.

Currently, the average sale price of condos at Traver Lake is $245,713, which is increase of 11% compared to the ASP in 2016. The average price per square foot for the 5 condos sold in 2017 is $167.00, which is an increase of 10.5% in comparison to the A$/SF of $151.00 in 2016. For more details and information about Traver Lake, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View the previous market report for Traver Lake here!