Loft 322, Downtown Ann Arbor Condo Market Update

Downtown Ann Arbor Condo Market Update – November 2011Loft 322, Downtown Ann Arbor Condos

Loft 322 Condos are located right in the heart of downtown Ann Arbor amid restaurants, shops, entertainment, the University of Michigan and much more. Newly constructed in 2006, these luxurious lofts offer all of the modern amenities with classic loft features. There are currently 0 condos for sale, and so far this year 1 condo has sold.

Sold Condo:

  • $319,000. 968 square feet with 1 bedroom and 2 baths. Listed by The Bouma Group.

Last year at Loft 322, 3 condos sold with an average sale price of $448,125 and average price per square foot of $324.55. One of the units sold was a penthouse, so that increased the ASP overall, but since it sold for double the amount with double the square footage of a standard unit, the A$/SF is a better indicator of the value last year. The A$/SF for the unit sold this year is $329.55, up slightly from that of last year. To learn more about Loft 322 or the nearby downtown Ann Arbor condos at Sloan Plaza, Tower Plaza, or Ashley Mews, contact us today at 734-761-3060 or info@bouma.com. We know downtown Ann Arbor condos! And for instant listing and sold data, plus floor plans, by-laws, and more visit the Ann Arbor Condo Hotline here.

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