Liberty Lofts, Downtown Ann Arbor Condo Report

Liberty Lofts Condo Report – September 2014Liberty Lofts Condos, Downtown Ann Arbor

Located in the heart of downtown Ann Arbor just steps from Main Street, these converted Loft style units are a popular choice. There are currently 4 units listed for sale and so far this year, 4 units have sold.

Condos for Sale:

  • $399,900.  315 Second St. #202, Ann Arbor. 1028 square feet with 1 bedroom and 1.1 baths.
  • $470,000.  315 Second St. #507, Ann Arbor. 1054 square feet with 1 bedroom and 1.1 baths.
  • $619,900.  315 Second St. #409, Ann Arbor. 1605 square feet with 2 bedrooms and 2 baths. Sale Pending
  • $865,000.  315 Second St. #517, Ann Arbor. 1992 square feet with 2 bedrooms and 2 baths. Sale Pending

Sold Condos:

  • $350,000.  315 Second St. #205, Ann Arbor. 807 square feet with 1 bedroom and 1 bath.
  • $425,000.  315 Second St. #315, Ann Arbor. 1107 square feet with 2 bedrooms and 2 baths.
  • $510,000.  315 Second St. #312, Ann Arbor. 1343 square feet with 2 bedrooms and 2 baths.
  • $580,000.  315 Second St. #317, Ann Arbor. 1649 square feet with 2 bedrooms and 2 baths.

Since a low in 2010, condo values at Liberty Lofts have risen and are exceeding those of prior years. Last year the average sale price was $398,750 and the average price per square foot was $360.00. The 4 condos that have sold this year have an ASP of $466,250, up 17%, and A$SF of $387.00, up 7.5%. With an increasing demand, we should continue to see Downtown Ann Arbor Condo values rise. For more information about Liberty Lofts and units for sale, give us a call at The Bouma Group today at 734-761-3060 or email info@bouma.com. We’ve been Ann Arbor’s leading condo sellers for more than 15 years!

Leave a Reply

Your email address will not be published.