Hollywood Park Subdivision, Ann Arbor Real Estate Update

Ann Arbor Real Estate Report – August 2011Hollywood Park Subdivision, Ann Arbor Neighborhood

Hollywood Park is a mature, west side Ann Arbor neighborhood with a nice mix of home styles. Homeowners love the great location close to downtown Ann Arbor, area freeways, shopping, and restaurants. There are currently 5 homes listed for sale in Hollywood Park and so far this year, 9 homes have sold and 1 has been rented.

Homes for Sale:

  • $131,000. 1050 square feet with 3 bedrooms and 1.1 baths. Under Contract
  • $159,900. 1428 square feet with 3 bedrooms and 1.1 baths.
  • $169,900. 1395 square feet with 3 bedrooms and 1.1 baths. Foreclosure
  • $179,000. 1842 square feet with 4 bedrooms and 2 baths.
  • $204,900. 1981 square feet with 4 bedrooms and 1.1 baths.

Homes Sold:

  • $130,000. 1395 square feet with 3 bedrooms and 1.1 baths.
  • $131,000. 1668 square feet with 4 bedrooms and 1.1 baths. Short Sale
  • $152,900. 1803 square feet with 3 bedrooms and 2 baths.
  • $163,000. 1530 square feet with 3 bedrooms and 1.1 baths.
  • $168,500. 1428 sf +600 in finished lower level with 4 bedrooms and 1.1 baths. Foreclosure
  • $178,763. 1530 square feet with 3 bedrooms and 1.1 baths.
  • $182,000. 1740 square feet with 4 bedrooms and 1.1 baths.
  • $230,500. 1842 sf +527 in finished lower level, 4 bedrooms and 2 baths.
  • $250,000. 2334 sf +900 in finished lower level, 5 bedrooms and 3 baths.

Home Rented:

  • $1600/month. 1668 square feet with 4 bedrooms and 1.1 baths.

Last year at Hollywood Park subdivision, 8 homes sold with an average sale price of $166,387 and average price/square foot of $129.71. The ASP in 2010 was up by 2.5% over the low in 2009 and so far this year, it is up 6% over 2010 which is a great sign of Hollywood Park home values recovering. To learn more about this Ann Arbor subdivision, or the nearby Lakewood, Walnut Ridge, or Newport Creek subdivisions, contact the real estate experts at The Bouma Group today at 734-761-3060 or info@bouma.com. And to view what’s active and sold for all of Washtenaw County, visit our Subdivision Hotline now!

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