Category Archives: Ann Arbor Market Updates

Hometown Village of Ann Arbor Subdivision Report for 2017

Hometown Village of Ann Arbor Year End Report – 2017

2017 was a terrific year for Hometown Village of Ann Arbor, with 11 homes sold; The Bouma Group being involved with 1 of them. The amount of sale increased by 4 homes compared to the previous year. Offers ranged from being similar and distant to the listing price.Hometown Village of Ann Arbor

Sold Homes:

  • $398,000. 1311 Timmins Dr., Ann Arbor. 1954 sq. ft., + 700 in finished lower level, 3 bedrooms and 2.2 baths.
  • $380,000. 1371 North Bay, Ann Arbor. 2755 sq. ft., + 1000 in finished lower level, 4 bedrooms and 3.1 baths.
  • $379,900. 1484 Chapleau Dr., Ann Arbor. 2730 square feet with 3 bedrooms and 2.1 baths.
  • $371,000. 1281 Timmins Dr., Ann Arbor. 1849 sq. ft., + 550 in finished lower level, 5 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $370,000. 1668 Chapleau Dr., Ann Arbor. 1842 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.2 baths.
  • $365,000. 1620 Chapleau Dr., Ann Arbor. 1990 sq. ft., + 600 in finished lower level, 4 bedrooms and 2.1 baths.
  • $362,501. 1264 Timmins Dr., Ann Arbor. 1750 sq. ft., + 800 in finished lower level, 3 bedrooms and 3.1 baths.
  • $360,000. 1304 North Bay, Ann Arbor. 3073 square feet with 4 bedrooms and 2.1 baths.

For a complete list of Sold Homes at Hometown Village of Ann Arbor, contact us at (734)761-3060

So far this year, 1 home has sold in Hometown Village of Ann Arbor with a sale price of $396,000, which is an increase of 8.5% compared to the average sale price of $364,391 in 2017. The average price per square foot for the 11 homes sold in 2017 is $171.00, which is an increase of 11% in comparison to the A$/SF of $154.00 in year prior. For more details and information about Hometown Village of Ann Arbor, contact the real estate specialists with The Bouma Group at (734)761-3060 or by emailing info@bouma.com. View the previous market report for Hometown Village of Ann Arbor here!

Foxfire, Ann Arbor Subdivision Report for 2017

Foxfire Year End Report – 2017

2017 was a fantastic year for Foxfire with 12 homes sold, and The Bouma Group was involved with 1 of them. The amount of sales increased by 2 houses compared to the previous year. Offers below the listing price were frequently accepted which makes the purchasing process easier for buyers.Foxfire, Ann Arbor, MI

Homes Sold:

  • $460,000. 2345 Hickory Point Dr., Ann Arbor. 2940 sq. ft., + 900 in finished lower level, 4 bedrooms and 2.1 baths.
  • $460,000. 2525 Mallard Ct., Ann Arbor. 2832 sq. ft., + 700 in finished lower level, 4 bedrooms and 2.1 baths
  • $450,000. 3187 Otter Creek Ct., Ann Arbor. 2849 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.1 baths.
  • $443,400. 3122 Fairhaven Ct., Ann Arbor. 2438 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.1 baths.
  • $440,000. 2408 Tamarack Ct., Ann Arbor. 2239 square feet with 3 bedrooms and 2.1 baths.
  • $439,900. 2255 Woodhaven Ct., Ann Arbor. 2950 square feet with 4 bedrooms and 3.1 baths.
  • $407,000. 3174 Redland Ct., Ann Arbor. 2518 square feet with 4 bedrooms and 2.1 baths.
  • $387,900. 3167 Otter Creek Ct., Ann Arbor. 2144 sq. ft., + 1000 in finished lower level, 4 bedrooms and 2.1 baths. Listed by The Bouma Group

For a complete list of Sold Homes at Foxfire, Ann Arbor, contact us (734)761-3060.

The 12 condos sold in Foxfire in 2017 have an average sale price of $406,990, which is an increase of 4% compared to the ASP of $391,638 in the year prior. Currently, there are 3 condos listed for sale. The average price per square foot in 2017 is $171.00, which is an increase of 9% in comparison to the A$/SF of $157.00 in 2016. For more details and information about Foxfire, contact the real estate specialists with The Bouma Group at (734)761-3060 or by emailing info@bouma.com. View the previous market report for Foxfire here!

Country French Estates, Ann Arbor Subdivision Report for 2017

Country French Estates Year End Report – 2017

2017 was a great year for Country French Estates with 15 homes sold, and The Bouma Group was involved with 2 of them. The amount of sales decreased by 4 homes compared to the previous year. Frequently, the sale price was above the listing price, which is beneficial for the seller.Country French Estates, Ann Arbor MI

Homes Sold:

  • $467,000. 5804 Villa France, Ave., Ann Arbor. 3133 sq.ft., + 1200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $427,500. 6022 Versailles Ave., Ann Arbor. 2853 square feet with 4 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $415,000. 5605 Villa France Ave., Ann Arbor. 2870 square feet with 4 bedrooms and 2.1 baths.
  • $400,000. 5920 Quebec Ave., Ann Arbor. 2075 sq. ft., + 1000 in finished lower level, 3 bedrooms and 3.1 baths.
  • $398,000. 5909 Villa France Ave., Ann Arbor. 2692 square feet with 3 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $395,000. 5936 Villa France Ave., Ann Arbor. 2887 square feet with 4 bedrooms and 2.1 baths.
  • $380,000. 6168 Gabrielle Ave., Ann Arbor. 2705 square feet with 3 bedrooms and 2.1 baths.
  • $375,000. 5721  Le Blanc Ave., Ann Arbor. 1971 sq. ft., + 900 in finished lower level, 4 bedrooms and 3.1 baths.

For a complete list of Sold Homes at Country French Estates, contact us at (734)761-3060.

So far this year, 2 homes have sold in Country French Estates with an average sale price of $378,800, which is a slight decrease compared to the ASP of $381,765 last year. There are also 7 homes currently listed for sale.  The average price per square foot for the 15 homes sold in 2017 is $179.00, which is also a slight decrease in comparison to the A$/SF of $182.00 in the year prior. For more details and information about Country French Estates, contact the real estate specialists with The Bouma Group at (734)761-3060 or by emailing info@bouma.com. View the previous market report for Country Estates here!

Arbor Pointe, Ann Arbor Subdivision Report for 2017

Arbor Pointe Year End Report – 2017Ar bor Pointe subdivision, Ann Arbor MI

2017 was a decent year for Arbor Pointe with 5 condos sold, 1 of which The Bouma Group was involved with. The amount of sales decreased by 3 condos compared to the previous year. Offers that were both above and below the listing price were accepted, showing negotiation between the buyer and seller.

Sold Homes:

  • $390,000. 5623 Cedar Ride Dr., Ann Arbor. 2200 sq. ft., + 1000 in finished lower level, 4 bedrooms and 2.1 baths.
  • $385,150. 239 Cloverleaf Ct., Ann Arbor. 2319 sq. ft., + 800 in finished lower level, 4 bedrooms and 2.1 baths.
  • $382,500. 247 Wild Rose Ct., Ann Arbor. 2196 sq. ft., + 1000 in finished lower level, 6 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $374,500. 167 Wild Ivy Ct., Ann Arbor. 1839 sq. ft., + 800 in finished lower level, 4 bedrooms and 3.1 baths.
  • $373,000. 5721 Cedar Ridge Dr., Ann Arbor. 2302 square feet with 4 bedrooms and 2.1 baths.

So far this year, 1 home has sold in Arbor Pointe with a sale price of $380,000, which is a slight decrease to the average sale price of $381,030 in 2017. The average price per square foot for the 5 condos sold in 2017 is $177.00, which is an increase of 10% in comparison to the A$/SF in 2016. For more details and information about Arbor Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or by emailing info@bouma.com. View the previous market report for Arbor Pointe here!

Scio Hills, Ann Arbor Subdivision Report

Scio Hills Real Estate Report – March 2018Scio Hills Subdivision, Ann Arbor MI Neighborhood

There is currently 1 home listed for sale at Scio Hills subdivision. So far this year, 1 has sold and in 2017, 2 homes sold.

Home for Sale:

  • $505,000.  2682 Valley Drive, Ann Arbor. 1834 sq. ft., +1834 in finished lower level, 3 bedrooms and 2 baths.

Sold Homes:

  • $543,000.  4082 Ramsgate Court, Ann Arbor. 2548 square feet with 4 bedrooms and 2.1 baths.
  • $540,000.  1459 Coventry Square, Ann Arbor. 2600 sq. ft., +1100 in finished lower level, 4 bedrooms and 2.1 baths.
  • $485,000.  1483 Coventry Square, Ann Arbor. 2256 sq. ft., +600 in finished lower level, 3 bedrooms and 2.1 baths.

In 2016, 3 homes sold with an average sale price of $460,505 and an average price per square foot of $200.00. The 2 homes sold last year had an ASP of $512,500, up 11%, and an A$/SF of $211.00, up 5%. For more information on Scio Hills or to be instantly notified when a new listing comes to the market, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. Check out more Ann Arbor neighborhoods here!

Arbor Hills, Ann Arbor Real Estate Report

Arbor Hills Real Estate Report – February 2018Arbor Hills Subdivision, Ann Arbor Real Estate Update

There are currently 0 homes listed for sale at Arbor Hills subdivision and so far this year, 1 has sold. Last year, 8 homes sold.

2018 Sold Home:

  • $368,400.  3381 Cromwell, Ann Arbor. 1530 sq. ft., with 890 in finished lower level, 3 bedrooms and 3 baths.

2017 Sold Homes:

  • $412,000.  3416 Ashburnham, Ann Arbor. 2066 sq. ft. +1200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $395,000.  3428 Ashburnham, Ann Arbor. 1980 sq. ft., +600 in finished lower level, 4 bedrooms and 3.1 baths.
  • $375,000.  3227 Kilburn Park Circle, Ann Arbor. 1530 square feet with 3 bedrooms and 2 baths.
  • $375,000.  3144 Dunwoodie, Ann Arbor. 1980 square feet with 4 bedrooms and 2.1 baths.
  • $365,000.  3149 Kilburn Park Circle, Ann Arbor. 1676 sq. ft., +1000 in finished lower level, 3 bedrooms and 2.1 baths.
  • $350,000.  3361 Cromwell, Ann Arbor. 1938 sq. ft., +500 in finished lower level, 4 bedrooms and 2.1 baths.
  • $330,000.  3370 Cromwell, Ann Arbor. 1530 square feet with 3 bedrooms and 2 baths.
  • $285,000.  3404 Cromwell, Ann Arbor. 1146 sq. ft., +900 in finished lower level, 3 bedrooms and 2.1 baths.

In 2016, 7 homes sold with an average sale price of $335,250 and an average price per square foot of $178.00. The 8 homes sold in 2017 had an ASP of $360,875, up 8%, and an A$SF of $212.00, up 19%. To learn more about the Arbor Hills neighborhood or to be instantly notified on new listings, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. See more Ann Arbor Subdivisions here!

Ann Arbor Woods Real Estate Market Update

Ann Arbor Woods Market Update – February 2018Ann Arbor Woods, Ann Arbor Subdivision

There are currently 0 homes listed for sale at Ann Arbor Woods subdivision and in 2017, 10 homes sold.

Sold Homes:

  • $418,000.  5 Manchester Ct., Ann Arbor. 2174 sq. ft., +900 in finished lower level, 3 bedrooms and 2.1 baths.
  • $320,000.  2759 Manchester, Ann Arbor. 1920 sq. ft., +200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $310,000.  2510 Essex, Ann Arbor. 1396 sq. ft., +426 in finished lower level, 3 bedrooms and 2.1 baths.
  • $304,000.  2771 Manchester, Ann Arbor. 1821 square feet with 3 bedrooms and 2 baths.

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Ann Arbor Real Estate Market Update – November 2017

More New Listings and Sales in November

November 2017 Ann Arbor Real Estate Statistics with Border

Market Update for November 2017

Both new listings and sales for Ann Arbor homes were up for the month of November. New listings entered were up 30% compared with last November, 73 vs. 56, with the average list price coming in at $500,023 vs. $443,054.  The number of sales was up 12.5%, 90 vs. 80, with the average days on the market at 38, down from 48. The average sale price was $405,669 compared with $409,972 this time last year. However, when looking at the year-to-date statistics, both listings and sales are down. There were 1383 new listings entered so far this year, compared with 1473 last year, and 1057 sales compared with 1116 last year. It is a very strong seller’s market with a 2.7 month supply of homes for sale overall. The $600k – $700k and $800k – $1 million price points are balanced with only the over $1 million in a buyer’s market with a large inventory.

If the Ann Arbor real estate market stays as busy in December, we may see the gaps narrow, but the year will most likely end with less sales and listings than in 2016. Be sure to check back for the December market update after the new year. Here at The Bouma Group, Realtors we already have a lot of great listings ready to hit the market in late winter and early spring. Be the first to know, contact us today for a sneak preview to see if any are the right match for you! 734-761-3060 or info@bouma.com

The Downs, Ann Arbor Real Estate Update

The Downs Real Estate Update – October 2017The Downs, Ann Arbor MI Subdivision of Estate Homes

Situated in beautiful Scio Township, The Downs is an estate style neighborhood with Dexter schools. There is currently 1 home listed for sale and so far this year, 0 have sold. In 2016, 1 home sold.

Home for Sale:

  • $850,000.  2735 Walters Way, Ann Arbor. 4295 sq. ft., +880 in finished lower level, 4 bedrooms and 5.1 baths. Sale Pending, Listed by The Bouma Group

Home Sold 2016:

  • $987,000.  2720 Walters Way, Ann Arbor. 4117 sq. ft., +1971 in finished lower level, 5 bedrooms and 3.2 baths.

Due to the small size of this subdivision, typically only 1 home sells per year. To view more market statistics, a neighborhood description and photos, visit The Downs web page. For more information on current listings and home values, contact the Real Estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. View more Ann Arbor Neighborhoods here!

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Lake Forest, Ann Arbor Real Estate Update

Lake Forest Real Estate Update – October 2017Lake Forest Subdivision, Ann Arbor MI Neighborhood

Lake Forest is a beautiful subdivision of executive homes on the south side of Ann Arbor in Pittsfield Township. There are currently 7 homes listed for sale and so far this year, 2 have sold.

Homes for Sale:

  • $649,900.  4389 Westpark Ct., Ann Arbor. 3700 square feet with 4 bedrooms and 3.1 baths.
  • $620,000.  4193 W. Lake Forest Dr., Ann Arbor. 3469 sq. ft., +1224 in finished lower level, 3 bedrooms and 3.1 baths.
  • $589,900.  4475 E. Lake Forest Dr., Ann Arbor. 3636 sq. +1620 in finished lower level, 4 bedrooms and 4.1 baths.
  • $550,000.  4375 Lakeside Ct., Ann Arbor. 2158 sq. ft., +1135 in finished lower level, 5 bedrooms and 3 baths. Listed by The Bouma Group, Sale Pending
  • $549,900.  4362 Lakeside Ct., Ann Arbor. 2648 sq. ft., +1100 in finished lower level, 4 bedrooms and 3.1 baths. Sale Pending
  • $534,900.  4371 Lake Forest Dr., Ann Arbor. 3149 sq. ft., +1250 in finished lower level, 4 bedrooms and 2.1 baths. Sale Pending
  • $512,000.  1878 Orchardview, Ann Arbor. 2691 sq. ft., +1600 in finished lower level, 5 bedrooms and 3.1 baths.

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