Riverwood Market Update – May 2021
Set among a tranquil and natural setting, this Ann Arbor subdivision is great for those looking for calm retreat. The easy-going lifestyle is continued at Riverwood as schools are also within walking distance for children. There are no active listings and so far this year, 4 homes have sold.
Homes Sold in 2021:
- $609,000. 2130 Springwood Court, Ann Arbor. 2464 sq. ft., + 1200 in the finished lower level; 4 bedrooms and 3.1 baths.
- $585,000. 1700 Timber Trail, Ann Arbor. 2525 sq. ft., + 800 in the finished lower level; 4 bedrooms and 2.1 baths.
- $529,000. 1780 Riverwood Drive, Ann Arbor. 2760 sq. ft., + 1300 in the finished lower level; 4 bedrooms and 3.1 baths.
- $520,000. 1880 Timber Trail, Ann Arbor. 2673 square feet with 4 bedrooms and 2.1 baths.
Last year at Riverwood, 4 homes sold with an average sale price of $505,00 and an average price per square foot of $191.94. The 4 homes sold thus far in 2021 have an ASP of $560,750, up 11%, and an A$/SF of $216.26, up 12.7%. To learn more about homes at Riverwood, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor homes here!