Ashford Place Condo Report – March 2014
Ashford Place continues to have steady yearly sales and increased condo values. There are currently 0 units listed for sale and in 2013, 3 units sold.
- $330,000. 2784 Maitland, Ann Arbor. 2155 sq. ft. +1001 in finished lower level, 2 bedrooms and 3.1 baths.
- $305,000. 2787 Maitland, Ann Arbor. 1961 square feet with 3 bedrooms and 2.1 baths.
- $245,000. 2700 Winter Garden, Ann Arbor. 1961 square feet with 3 bedrooms and 2.1 baths.
In 2012, the average sale price at Ashford Place was $258,333 and the average price per square foot was $130. Last year, the ASP increased by 14% to $293,333 and the A$SF increased 12% to $145. To learn more about the amenities available and market statistics for these Ann Arbor Condos, contact the specialists with The Bouma Group today at 734-761-3060 or email firstname.lastname@example.org.
Ann Arbor Condo Inventory Continues to Decline
Inventory for the overall Ann Arbor condo market continues to decline, and is down 7% when compared to the end of May. Although it’s still in a buyer’s market with a 7.4 months supply of units, that number decreased by 8% over last month. 34% of units listed for sale are under contract with a buyer, which is also up from the end of April, and sales for the past 12 months have also slightly increased. These are all good signs that point the Ann Arbor condo market beginning to stabilize.
Market Update March 2011
Ashford Place condos is a luxurious community located on the popular NE side of Ann Arbor. There are currently 3 units for sale with 1 under contract, and 1 unit has sold so far this year. Last year, only 2 units sold with an average sales price of $223,750 and an average price per square foot of $103.88.
Condos for Sale:
- Listed for $320,000. 2154 square feet +870 in finished lower level, 4 bedrooms and 3.1 baths.
- Listed for $349,900. 2416 square feet +1264 in finished lower level, 4 bedrooms and 4 baths.
Condos Under Contract:
- Listed for $260,000. 2235 square feet with 2 bedrooms and 2.1 baths.