Category Archives: Ann Arbor Real Estate

Ann Arbor Real Estate Report – December 2019

Less Inventory and More Sales for Ann Arbor Homes

In the final month of 2019, Ann Arbor homes saw a considerable 33.3% decrease in the amount listings from 39 last December to 26 more recently. The average listing price rose, but only minimally from $452,492 to $462,794 now. Sellers were able to finish the year strong with 81 sold properties in December, a significant 41.2% increase from the 57 previously. As for the average sale price, it has stayed relatively stable at $433,953 versus $436,533 last December. Unfortunately for sellers, the average days on the market increased 24.4% to 56 days.

Overall the numbers rose for the year-to-date statistics. In 2018, a total of 1,458 homes were listed for sale, whereas this year 1,470 homes were added to the multiple listings service. The ALP increased by 3% from $487,432 to $501,886. 1,082 homes were sold this past year, and this is only a slight decline compared to the 1,096 before. Cumulatively, the ASP increased by 4.2%, from $438,492 to $457,930.

The Bouma Group is here to help you with all of your housing needs, whether you are looking to buy or considering selling, contact the specialists at (734)761-3060 or email info@bouma.com. To search Ann Arbor neighborhoods, click here!

Liberty Glen Neighborhood Report

Year End Real Estate Report 2019

Liberty Glen Ann Arbor Real Estate Report

Liberty Glen is an established Ann Arbor subdivision with mature trees lining the sidewalks. There are many parks close by and the Liberty Athletic Club is also within walking distance. Presently, 1 home is listed for sale and 4 have been sold.

Home for Sale:

  • $334,000. 495 Burr Oak Drive, Ann Arbor. 1858 square feet with 3 bedrooms and 2.0 baths. Sale Pending

Homes Sold in 2019:

  • $465,000. 596 Trego Circle, Ann Arbor. 2318 sq. ft., + 984 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $435,000. 631 Trego Circle, Ann Arbor. 2681 sq. ft., + 960 in the finished lower level; 4 bedrooms and 4.1 baths.
  • $430,000. 317 Burr Oak Drive, Ann Arbor. 2364 sq. ft., + 627 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $382,700. 647 Trego Circle, Ann Arbor. 1934 square feet with 3 bedrooms and 2.1 baths.

Last year at Liberty Glen, 4 homes were sold with an average sale price of $388,500 and an average price per square foot of $188.29. The 4 homes that have been sold so far in 2019 have an ASP of $428,175, up 10.2%, and an A$/SF of $185.66, down slightly. If you would like to be updated on the listing and selling activity at Liberty Glen, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor neighborhoods here!

Crystal Creek Neighborhood Report

Year End Real Estate Report 2019

Crystal Creek Real Estate Report 2019

With a variety of floor plans, Crystal Creek caters to home owners’ desires. It is located close to many conveniences, making it easy to access a range of services in Ann Arbor. Presently, no homes are listed for sale and 6 have sold.

Homes Sold in 2019:

  • $335,000. 4155 Crystal Creek Drive, Ann Arbor. 2184 square feet with 4 bedrooms and 2.1 baths.
  • $325,000. 4241 Woodcrest Court, Ann Arbor. 2202 sq. ft., + 900 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $320,000. 4010 Woodcreek, Ann Arbor. 2208 square feet with 4 bedrooms and 3.1 baths.
  • $300,000. 4079 Crystal Creek, Ann Arbor. 2184 square feet with 4 bedrooms and 3.1 baths.
  • $291,000. 4313 Ridgewood Drive, Ann Arbor. 1671 square feet with 3 bedrooms and 2.0 baths.
  • $290,000. 4210 Crystal Creek Drive, Ann Arbor. 2099 square feet with 3 bedrooms and 2.1 baths.

Last year at Crystal Creek, 3 homes sold with an average sale price of $263,333 and an average price per square foot of $146.42. The 6 homes that have been sold so far in 2019 have an ASP of $310,167, up 17.8%, and an A$/SF of $149.26, up slightly. For more information about Crystal Creek, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor neighborhoods here!

Ravines Neighborhood Report

Year End Real Estate Report 2019

As the name suggests, the Ravines has a beautiful landscape consisting of woods, parks, ravines and ponds. This affordable Ann Arbor subdivision also has many recreational areas for sports such as ball fields and a sandpit for volleyball. Presently, 2 homes are listed for sale and 10 have sold, 2 of which The Bouma Group was involved with.

Homes for Sale:

  • $405,000. 1663 Reserve Court, Ann Arbor. 2062 sq. ft., + 692 in the finished lower level; 4 bedrooms and 3.1 baths. Sale Pending
  • $389,900. 1748 Scio Ridge Road, Ann Arbor. 2057 sq. ft., + 500 in the finished lower level; 3 bedrooms and 2.1 baths.

Ashford Village Neighborhood Report

Year End Real Estate Report 2019

Ashford Village has beautiful homes that are spacious and have a variety of features. This desirable Ann Arbor subdivision also has larger lots and is located close to natural areas. Presently, 1 home is listed for sale and 14 have sold this year.

Homes for Sale:

  • $369,900. 4975 Sycamore Drive, Ann Arbor. 2492 sq. ft., + 1200 in the finished lower level; 4 bedrooms and 3.1 baths. Sale Pending

Turnberry Neighborhood Report

Year End Real Estate Report 2019

Known as an affordable Ann Arbor subdivision, Turnberry offers sturdy homes in a prime location. There is a playground within the neighborhood and a nature area nearby, as well it is a quick stroll away from a shopping area. Presently, 2 homes are listed and 8 have sold this year.

Homes for Sale:

  • $309,800. 3084 Turnberry Lane, Ann Arbor. 1964 sq. ft., + 648 in the finished lower level; 4 bedrooms and 2.2 baths. Sale Pending
  • $239,900. 3241 Monument, Ann Arbor. 1245 square feet with 2 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2019:

  • $335,000. 3374 Turnberry Lane, Ann Arbor. 1923 sq. ft., + 820 in the finished lower level; 5 bedrooms and 2.1 baths.
  • $305,000. 3234 Roon the Ben, Ann Arbor. 1908 square feet with 4 bedrooms and 2.1 baths.
  • $305,000. 3358 Turnberry Lane, Ann Arbor. 1895 sq. ft., + 600 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $294,000. 3108 Turnberry Lane, Ann Arbor. 1813 square feet with 3 bedrooms and 2.1 baths.
  • $285,000. 3256 Monument, Ann Arbor. 1493 square feet with 3 bedrooms and 2.1 baths.
  • $284,000. 3033 Turnberry Lane, Ann Arbor. 1728 square feet with 3 bedrooms and 2.1 baths.
  • $276,000. 3102 Alisa Craig Drive, Ann Arbor. 1500 square feet with 3 bedrooms and 1.1 baths.

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

Last year at Turnberry, 10 homes sold with an average sale price of $287,385 and an average price per square foot of $153.88. The 8 homes that have sold so far in 2019 have an ASP of $294,250, a slight increase, and an A$/SF of $169.11, up 9.9%. If you would like to be updated on the listing and selling activity at Turnberry neighborhood, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor subdivisions here!

Ann Arbor Real Estate Report – November 2019

Year-to-Date Statistics Remain Stable

Although the year is coming to a close, Ann Arbor homes are still being listed with 60 new units having been added to the market this past month, a 53.8% rise compared to the 39 entered last November. The average listing price is sitting at $449,629, versus the $507,659 previously, an 11.4% decrease. Unfortunately for sellers, there has been a considerable 34% decrease in the amount of sold homes, from 97 in November 2018 to 64 this November. As for the average selling price, it is currently $439,220 and this is a minimal increase compared to the $430,073 the November prior. Presently, it takes 43 days on average for a home to sell.

Now examining the year-to-date statistics, the inventory amount has stayed fairly consistent. A total of 1444 homes of been entered into the multiple listings service thus far, and this is a minimal rise in comparison to the 1419 from last year. The ALP has also increased slightly, from $488,694 to $502,716. Exactly 1000 houses have been sold so far, and this is only a slight rise of 3.7% from the 1038 sold previously at this time. There has been a 5% increase in the ASP from $438,210 to $460,025 currently.

The Bouma Group is here to help with all of your housing needs, whether you are considering selling your house or purchasing a new home, contact the real estate specialists at (780)761-3060 or via email info@bouma.com. Check back here for the latest information about Ann Arbor homes!

Ann Arbor Real Estate Report – October 2019

Year-to-date Prices Only Rise Slightly

In the month of October, 110 Ann Arbor homes were listed for sale and this is a 15.8% increase compared to the 95 homes sold last year. The average listing price declined slightly from $483,085 to $458,760, a 5% drop. A total of 83 homes were sold in the past month, and this is a minimal decline compared to October 2018. The average sale price for Ann Arbor homes increased by 14.9% from $416,435 to $478,428. Unfortunately for sellers, the average days on the market for homes has raised a significant 47% from 38 to 54 days presently.

Looking at the year-to-date statistics, we can see that both listing and selling prices have only somewhat increased. The ALP so far is $506,066 and this is 3.6% higher than before which was $488,423. There has been only a slight decline in the amount of listings entered, from 1381 to 1387 homes. Similarly, there has been little difference in the amount of sold homes as 934 have been sold thus far compared 940 previously. The ASP cumulatively sits at $461,552, which is 5% increase compared to $439,512 at this last year.

The Bouma Group is here to help with all of your housing needs, whether you are looking to buy or considering selling, contact the real estate specialists at (734)761-3060 or via email info@bouma.com. View more Ann Arbor neighborhoods here!

1800 Hatcher Crescent, Ann Arbor MI Home for Sale

1800 Hatcher Crescent, Ann Arbor MI 48103

SOLD! Move right into this sharp ranch style home situated on Ann Arbor’s west side in the popular Wines Elementary area. Features include:

  • 1014 sq. ft., +900 in finished lower level, 3 bedrooms and 1.1 baths.
  • Hardwood floors throughout most of the first level with tile in the kitchen and full bath.
  • Kitchen is updated with stainless appliances, granite counters, and a tile backsplash.
  • Lower level makes a great family room or play space.
  • More photos and features
  • Listed for $299,000

To learn more about 1800 Hatcher Crescent, or to request a private showing, contact us at The Bouma Group at 734-761-3060 or info@bouma.com today!

Riding Oaks Estates Neighborhood Report

Riding Oaks Estates Real Estate Report – November 2019

Riding Oaks Estates has splendid newly built homes that are top quality. This luxury Ann Arbor neighborhood also has well-maintained foliage and within the subdivision are walking paths and a pond. Presently, 2 homes are on the market and 3 have been sold this year.

Homes for Sale:

  • $849,900. 2210 Kimberwickle Court, Ann Arbor. 4145 square feet with 4 bedrooms and 3.1 baths.

Homes Sold in 2019:

  • $905,000. 1880 Tapadera Drive, Ann Arbor. 4868 square feet with 4 bedrooms and 3.1 baths.
  • $902,500. 1890 Tapadera Drive, Ann Arbor. 4871 square feet with 4 bedrooms and 4.1 baths. Sold by The Bouma Group
  • $890,000. 2070 Kimberwickle Court, Ann Arbor. 4078 square feet with 4 bedrooms and 3.1 baths.
  • $885,000. 2040 Hackamore Drive, Ann Arbor. 4078 square feet with 5 bedrooms and 4.1 baths.

Last year at Riding Oaks Estates, 1 home sold with a sale price of $813,000 and a price per square foot of $199.36. The 4 homes that have sold so far in 2019 have an average sale price of $895,625, up 10%, and an average price per square foot of $201.61, up slightly. To learn more about the market at Riding Oaks Estates, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor neighborhoods here!