Heatherwood Condos, Ann Arbor is a moderately sized complex with a convenient south side location. The great facilities include an in-ground pool, clubhouse, volleyball, picnic areas and more. There are currently 2 condos for sale, 2 for rent, and since our last update in September, 2 units have sold.

Condos Listed for Sale:

• $79,900. 1252 square feet with 2 bedrooms and 2 baths. Foreclosure & Sale Pending
• $125,000. 1190 square feet with 2 bedrooms and 2 baths. Short Sale

Condos for Rent:

• $1200/month. 1100 square feet with 2 bedrooms and 2 baths.
• $1300/month. 1252 square feet with 2 bedrooms and 2 baths.

Sold Condos:

• $112,000. 1376 square feet with 2 bedrooms and 2 baths. Foreclosure
• $120,000. 1376 square feet with 2 bedrooms and 2 baths.

Due to the large number of foreclosures at Heatherwood condos, 2011 sale prices have declined by 44% when compared to a high in 2006 when the average sale price was $159,718. Prices most likely won’t begin to rise until the foreclosures have cycled out. This is great news for condo buyers looking for a great deal! To learn more about condo prices at Heatherwood, or the nearby Ann Arbor condos at Fox Glen, Meadow Grove, or Heritage Falls contact us today at The Bouma Group, your Ann Arbor real estate specialists at 734-761-3060 or info@bouma.com. Have you visited Ann Arbor’s Condo Hotline yet? View photos, floor plans, recent sold and new listing information!

Optimism has returned to the Ann Arbor real estate market.  While values are still anywhere from 10-65% below the historic highs, they are no longer in a free fall. Ann Arbor homes are an incredible value right now. Low interest rates + the lowest prices in years = opportunity. I don’t believe that this opportunity will last much longer due to a lack of inventory. Most of the leading indicators show a lack of supply and strong demand. Job growth, lack of new construction, and low interest rates have nudged buyers back into the market. Low inventory, decreasing foreclosures, and slowly rising prices are beginning to nudge sellers back into the market. Both of these trends bode well for a healthy real estate market in Ann Arbor.

Here at The Bouma Group, we continue to remain optimistic for 2012. Our powerful Ann Arbor real estate team, in conjunction with our cutting edge marketing and national networks has kept us in the forefront of real estate, both on a national level as well as in Ann Arbor for the 10^th year in a row. We continue to be Washtenaw County and Ann Arbor’s #1 home seller, having helped over 254 families move in 2011. Yes, we sell more real estate than anyone else, but we sell them one by one for sellers just like you. We owe our success to our past clients and friends.   If you are thinking of buying or selling this year, feel free to give me a call at 734-761-3060 or email me at martin@bouma.com.   My industry experience and expertise along with my vast knowledge of the local real estate market allows me to best represent my clients.  I’ll gladly sit down with you and share my market knowledge so you can make the right decision for your family.

As always, we sincerely appreciate your business and referrals.   We want to be your real estate source in Ann Arbor and Washtenaw County.   Don’t forget that our moving truck is always available on a first come service. If you’re ever downtown Ann Arbor, stop in and say hello!

Fox Pointe Condos, Ann Arbor have a great location near shopping, restaurants, area freeways and more, making them a popular choice among Ann Arbor condo buyers. These stacked ranch units feature numerous upgrades and many back to either the pond or wooded areas. There is currently 1 condo listed for rent and in 2011, 3 condos rented and 3 condos sold.

Condo Listed for Rent:

• $1395/month. 1382 square feet with 2 bedrooms and 2 baths.

Rented Condos:

• $1200/month. 1382 square feet with 2 bedrooms and 2 baths.
• $1350/month. 1382 square feet with 2 bedrooms and 2 baths.
• $1350/month. 1382 square feet with 2 bedrooms and 2 baths.

Sold Condos:

• $118,000. 1382 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
• $125,000. 1382 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
• $125,000. 1382 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group

Comparing 2011 to 2010, condo prices at Fox Pointe have remained about the same and have risen from the low in 2009. The Bouma Group has listed and sold many Fox Pointe condos and knows this market very well. If you’d like to know more about these Ann Arbor condos, or the nearby Heatherwood, Weatherstone, or Valley Ranch condos, contact us today at 734-761-3060 or info@bouma.com. Check out our Ann Arbor Condo Hotline – a terrific source for listing data, recent sold information, by-laws, floor plans and more for Washtenaw County condominiums!

Nature Cove Condos, Ann Arbor are located on the east side of town, within walking distance of parks and shopping. Situated in a residential neighborhood, Nature Cove offers a quiet setting with pond and wooded views. There are currently 3 condos listed for sale and in 2011, 2 condos sold.

Condos Listed for Sale:

• $169,900. 1458 square feet with 2 bedrooms and 2 baths. Sale Pending
• $187,500. 1656 square feet with 2 bedrooms and 2 baths. Sale Pending
• $219,900. 1656 square feet with 3 bedrooms and 2 baths.

Sold Condos:

• $190,000. 1800 square feet with 2 bedrooms and 2 baths.
• $234,500. 1750 square feet with 2 bedrooms and 2 baths.

The 2 Nature Cove condos that sold in 2011 had an average sale price of $212,250 and average price per square foot of $119.78. Compared with only 1 sale in 2010, the ASP is down 3%, but the A$/SF is up by 11%. The Bouma Group tracks all Ann Arbor Condos and knows the trends, so to find out more about Nature Cove, or the nearby Berkshire Creek, Brentwood Square or Huron Chase condos, contact us, the Ann Arbor real estate specialists, at 734-761-3060 or info@bouma.com. And for instant current listing and sold data, plus photos, floor plans and more – visit Ann Arbor’s Condo Hotline, Washtenaw County’s #1 source for condo information!

Walsh Farms, Dexter is a peaceful country subdivision on the north side of town. Located in Webster Township, Walsh Farms is just a short drive to Metro Parks, downtown Dexter, and recreation. There are currently 2 homes listed for sale and in 2011, 1 home was rented and 1 home sold.

Homes Listed for Sale:

• $428,900. 3223 sq. ft. +1800 in finished lower level, 4 bedrooms and 4.1 baths.
• $449,000. 2770 square feet with 4 bedrooms and 3.1 baths. To be Built

Home Rented:

• $2450/month. 2892 sq. ft. +1000 in finished lower level, 4 bedrooms and 3.1 baths.

Sold Home:

• $310,000. 2565 square feet with 3 bedrooms and 2.1 baths.

In 2011 at Walsh Farms, 1 home sold with an average sale price of $310,000 and average price per square foot of $120.86. Compared with the 3 home sales in 2010, the ASP is down 10.5% and the A$/SF is down 4%. Since there was only 1 sale last year, it’s hard to get a true picture of where prices are heading. But, as the higher priced homes that are currently listed sell, those statistics will rise. To learn more about Walsh Farms, or the nearby Dexter neighborhoods: North Meadows, Hickory Creek, or Brass Creek subdivisions, contact the Dexter Real Estate experts with The Bouma Group at 734-761-3060 or info@bouma.com. To view instant listing and sold data, photos, floor plans and more for Washtenaw County neighborhoods, visit the Subdivision Hotline here!

Mallard Cove, Saline is a beautiful neighborhood with an Ann Arbor mailing address. It offers 58 homes in a gorgeous natural setting. There are currently 2 homes listed for sale and in 2011, 2 homes sold.

Homes Listed for Sale:

• $229,200. 2578 square feet with 4 bedrooms and 3 baths. Foreclosure
• $249,900. 2242 sq. ft. +300 in finished lower level, 4 bedrooms and 2.1 baths.

Sold Homes:

• $234,900. 2470 square feet with 5 bedrooms and 3.1 baths. Foreclosure
• $290,000. 2484 square feet with 3 bedrooms and 3 baths.

The 2 homes that sold in Mallard Cove in 2011, had an average sale price of $262,450 and average price per square foot of $105.92. Compared with 2010, prices are rising – the ASP is up 5% from $249,500 and the A$/SF is up 13% from $105.92. To learn more about Mallard Cove, or Saline home prices at East Horizons, Brookview Highlands, or Lohr Lake Village, contact the Saline Realtors with The Bouma Group at 734-761-3060 or info@bouma.com. And for up-to-the-minute listings, sold data, floor plans and more for Washtenaw County neighborhoods, be sure to visit the Subdivision Hotline here!

Warner Creek Subdivision, Saline is a popular neighborhood with a great location in Pittsfield Township. There is currently 1 home listed for sale and last year, 11 homes sold and 1 home was rented.

Home Listed for Sale:

• $200,000. 1522 square feet with 3 bedrooms and 2.1 baths.

Sold Homes:

• $128,000. 1800 sq. ft. +400 in finished lower level, 3 bedrooms and 1.1 baths. Foreclosure
• $150,000. 1599 square feet with 3 bedrooms and 2.1 baths.
• $168,500. 1352 square feet with 3 bedrooms and 2 baths.
• $177,500. 2100 square feet with 4 bedrooms and 2.1 baths.
• $178,705. 1715 sq. ft. +300 in finished lower level, 3 bedrooms and 1.1 baths. Listed by The Bouma Group
• $185,000. 2178 sq. ft. with 600 in finished lower level, 4 bedrooms and 2.1 baths.
• $189,000. 1710 square feet with 3 bedrooms and 2.1 baths.
• $209,000. 1968 sq. ft. +500 in finished lower level, 4 bedrooms and 2.1 baths.
• $220,000. 2184 square feet with 4 bedrooms and 2.1 baths. Listed by The Bouma Group

The 11 homes that sold at Warner Creek in 2011 had an average sale price of $185,791 and average price per square foot of $97.59. Compared with the 8 homes that sold in 2010, the ASP is up 7% from $173.12 and the A$/SF is up 11% from $87.77. These are excellent signs that the real estate market in Warner Creek has stabilized and home prices are beginning to rise. For more information on this Saline neighborhood, or the nearby Hunter’s Ridge, Centennial Park, or Mallard Cove, contact the Saline real estate specialists at The Bouma Group at 734-761-3060 or info@bouma.com. And for instant listing and sold data for Washtenaw County communities, visit the Subdivision Hotline here!

Morningside Condos, Ann Arbor are located on the west side of town, off of Maple just north of Scio Church. This small collection of Ann Arbor condos features 20 detached units in a private cul-de-sac setting. There is currently 1 condo listed for sale and in 2011, 0 condos sold.

Condo Listed for Sale:

• $164,900. 1930 square feet with 3 bedrooms and 2.1 baths. Foreclosure

Due to the small size of the Morningside condo complex, units rarely come up for sale. The last unit to sell was in 2009 and sold for $220,000 and $134.72 per square foot. As you can see, the foreclosure unit that is listed right now is priced significantly below that and is a great bargain for an Ann Arbor condo buyer. For more information on Morningside, or the nearby condos at Country Village, Castleridge Commons, or Walden Hills, contact The Bouma Group, Ann Arbor real estate specialists at 734-761-3060 or info@bouma.com. Check out the Ann Arbor Condo Hotline for instant listing and sold information, amenities, floor plans, by-laws and more!

Meadow Grove Condos, Ann Arbor is a moderately sized complex located on the south side of town in Pittsfield Township. Comprised of mainly 2 story units, each condo features a basement and attached garage. There are currently 0 condos listed for sale and in 2011, 7 condos sold and 1 was rented.

Sold Condos:

• $153,000. 1491 square feet with 3 bedrooms and 3.1 baths. Short Sale
• $170,000. 1666 sq. ft. +600 in finished lower level, 3 bedrooms and 3.1 baths.
• $188,000. 1491 sq. ft. +650 in finished lower level, 3 bedrooms and 3.1 baths. Sold by The Bouma Group
• $192,000. 1622 sq. ft. +600 in finished lower level, 3 bedrooms and 3.1 baths.
• $195,000. 1491 sq. ft. +650 in finished lower level, 3 bedrooms and 3.1 baths.
• $199,000. 1759 sq. ft. +600 in finished lower level, 3 bedrooms and 3.1 baths.
• $199,000. 1622 sq. ft. +600 in finished lower level, 3 bedrooms and 3.1 baths.

In 2010 at Meadow Grove, 3 condos sold with an average sale price of $176,500 and average price per square foot of $110.61. Compared with 2011, the ASP rose 5% to $185,142 and the A$/SF rose 5% to $116.59. These are both great indicators that prices at Meadow Grove have stabilized and are even beginning to rise. To learn more about prices at Meadow Grove, or the nearby Ann Arbor condos at Oak Meadows, Heritage Falls, or Weatherstone contact The Bouma Group, Ann Arbor Realtors at 734-761-3060 or info@bouma.com. To view up to the minute listing and sold data for all of Ann Arbor, visit the Condo Hotline – Washtenaw County’s #1 source for condo information!

Waterways Subdivision, Ann Arbor is a luxurious neighborhood of fine homes on larger lots, many with wooded or pond views. Homes have an Ann Arbor mailing address, but children attend Saline Schools, so many refer to it as a Saline Subdivision. There are currently 2 homes listed for sale and in 2011, 2 homes sold.

Homes Listed for Sale:

• $439,900. 3589 sq. ft. +1202 in finished lower level, 4 bedrooms and 4.1 baths. Sale Pending.
• $499,900. 3769 sq. ft. +370 in finished lower level, 5 bedrooms and 3.1 baths. Sale Pending.

Sold Homes:

• $375,000. 2350 sq. ft. +1100 in finished lower level, 4 bedrooms and 3.1 baths.
• $410,000. 2829 sq. ft. +800 in finished lower level, 4 bedrooms and 2.1 baths.

In 2010 at Waterways subdivision, 4 homes sold with an average sale price of $413,225 and average price per square foot of $121.95. The 2 homes sales in 2011 had an A$/SF of $152.25, which is 25% higher than in 2010, and a great indication of prices beginning to rise. To learn more about price trends at The Waterways, or the nearby Lohr Lake Village, Mallard Cove, or Stonebridge Estates, contact the Ann Arbor real estate specialists at The Bouma Group at 734-761-3060 or info@bouma.com. To view real-time listing and sold data, by neighborhood, for Washtenaw County, visit the Ann Arbor Subdivision hotline here!