Lake Forest, Ann Arbor Real Estate Market Update

Ann Arbor Real Estate Market Update – May 2013Lake Forest, Ann Arbor Real Estate Photo of Home

There are currently 2 homes listed for sale at Lake Forest subdivision, Ann Arbor, and in 2012, 8 homes sold. 0 have sold so far this year.

Homes for Sale:

  • 2259 Woodview, Ann Arbor. $550,000.  3361 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • 4183 Westbrook, Ann Arbor. $365,000.  1860 sq. ft. +1500 in finished lower level, 3 bedrooms, 3.1 baths. Sale Pending

Sold Homes:

  • 4144 W. Lake Forest, Ann Arbor.  $587,000.  3270 sq. ft. +1735 in finished lower level, 5 bedrooms, 4.1 baths.
  • 4290 E. Lake Forest, Ann Arbor.  $415,000.  2216 sq. ft. +1150 in finished lower level, 4 bedrooms, 3.1 baths.
  • 4477 W. Lake Forest, Ann Arbor. $390,000.  3051 square feet with 4 bedrooms, 2.1 baths. Sold by The Bouma Group
  • 2161 Orchardview, Ann Arbor.  $349,900.  2026 sq. ft. +1500 in finished lower level, 4 bedrooms, 2.2 baths. Listed by The Bouma Group
  • 4151 Westbrook Dr, Ann Arbor.  $329,000. 2176 sq. ft. +800 in finished lower level, 4 bedrooms, 3.1 baths.
  • 4289 Spring Lake, Ann Arbor.  $318,000. 2000 sq. ft. +1000 in finished lower level, 4 bedrooms, 2.1 baths.
  • 4095 Spring Lake, Ann Arbor. $288,500. 1977 sq. ft. +400 in finished lower level, 3 bedrooms, 2.1 baths.
  • 4149 Spring Lake, Ann Arbor. $235,000.  2200 square feet with 4 bedrooms, 2.1 baths.  Short Sale

The 8 homes that sold in 2012 had an average sale price of $364,040 and an average price per square foot of $154.00. The ASP was down a bit from 2011, but this is typical in a neighborhood of homes with a broad price range. The APSF was up, which is a better indication of value, showing that prices are stabilizing and beginning to rise. For more information on Ann Arbor Real Estate values, please contact us at The Bouma Group at 734-761-3060 or email info@bouma.com. Take a look at all of our Featured Properties here!

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