Archive for the ‘Ashford Place’ Category:

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.

Ann Arbor Condo Statistics for June 2011
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Market Update March 2011Ashford Place Condos Ann Arbor

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.

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