Archives: October 4, 2020

Madison Place, Ann Arbor Condo Report

Madison Place Condo Report – October 2020

These Ann Arbor brownstones have great curb appeal, the big windows have exterior shutter accents and landscaping is well maintained. The condos of Madison Place are also beautiful inside with cathedral ceilings, 2 story foyers, and in suite laundry. Currently, 1 condo is listed for sale and so far this year, 4 have sold. The Bouma Group was the selling agent for one of the units.

Condo for Sale:

  • $229,900. 3087 Promenade Circle, Ann Arbor. 1281 sq. ft., + 631 in the finished lower level; 3 bedrooms and 2.1 baths.

Condos Sold in 2020:

  • $232,500. 3077 Promenade Circle, Ann Arbor. 1242 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $226,000. 3146 Promenade Circle, Ann Arbor. 1242 sq. ft., + 234 in the finished lower level; 3 bedrooms and 1.1 baths.
  • $221,000. 3083 Promenade Circle, Ann Arbor. 1283 sq. ft., + 150 in the finished lower level; 3 bedrooms and 1.1 baths. Sold by The Bouma Group
  • $220,000. 3162 Promenade Circle, Ann Arbor. 1243 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.

Last year at Madison Place, 6 condos sold with an average sale price of $214,000 and an average price per square foot of $165.28. The 4 condos that have sold this year have an ASP of $224,875, up 5.1%, and an A$/SF of $179.60, up 8.7%. For more information about the condo market at Madison Place, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!