Tag Archives: Ann Arbor Real Estate

584 Allison Drive, Ann Arbor, MI 48103

584 Allison Drive, Ann Arbor, MI 48103

Just Listed!  Charming cottage on quiet, tree-lined street on Ann Arbor’s west side. Features of this charming abode include:

  • 1,371 Square Feet + 2 Bedrooms, 1 Bathroom
  • Original 1930’s charm including wood stove and refinished hardwood floors
  • New appliances, cabinets, and counters
  • Private backyard and patio within walking distance to Vet’s Park, Plum Market, Knights Steakhouse, and Downtown Ann Arbor!
  • View additional details and photos here
  • MLS#3262335
  • Offered at $325,000

For showings of 584 Allison Drive, or to request more information about this home, contact the Ann Arbor Real Estate Experts with The Bouma Group at 734-761-3060 or info@bouma.com.

1008 Scott Place, Ann Arbor, MI 48105

1008 Scott Place, Ann Arbor, MI 48105

New to Market! Refined living combined with simple functionality! This rare Oslund Condo will not disappoint. Check out its stunning features like:

  • 2,036 Square Feet + unfinished basement, 3 bedrooms, 3 full bathrooms
  • Crisp, white kitchen with stainless appliances, breakfast nook, and formal dining room
  • Attached two car garage, lower level laundry, and access to 35 acres of woods and trails right outside your door
  • Two patios with access from dining room, living room, and master bedroom
  • Access to more photos and home details here 
  • MLS # 3262265
  • Listed at $749,900

To request a showing of 1008 Scott Place or get more information about this stunning condo and Oslund Condominium Complex, contact the Ann Arbor Real Estate Experts with The Bouma Group at 734-761-3060 or at info@bouma.com.

Ann Arbor Real Estate Report – December 2018

More Ann Arbor Homes Sold Than Listed in December to Finish Off the Year

Here is your final real estate report for 2018 for Ann Arbor homes! Both this past month’s prices and year-to-date prices have increased. Unfortunately, both the average sale and listing prices have increased on all fronts as well. Like November, 39 homes were sold this December, which is a 12.8% decrease compared to the 44 homes sold the prior December. There is minimal increase in the average listing price last month, from $451,784 to $452,492 now. A total of 57 homes have been sold in December, and although this is a 17.4% decrease from December 2017; it is good for sellers because more homes were sold than listed (in December) meaning that some homes that were entered into the multiple listings service before December were able to be sold. The average sale price is $436,533 versus $417,239 in December 2017, which is a 4.6% increase. Luckily for sellers, there has been a decrease in the average days on the market, from 56 to 45 days, a 19.6% difference. Continue reading

1256 Glen Leven Road, Ann Arbor, MI 48103

1256 Glen Leven Road, Ann Arbor, MI 48103

SOLD! 1256 Glen Leven Road is a charming colonial on Ann Arbor’s west side that is looking for someone to come in and make it their own! Sturdy bones and features like:

  • 1,377 square feet + 216 finished in lower level, 3 bedrooms, 1.5 bathrooms
  • Detached 2 car garage and a 0.28 acre lot
  • Two wood fireplaces, one in partially finished basement recreation room
  • Walking distance to Pioneer High, The Big House, and minutes to downtown Ann Arbor!
  • More photos and home details here 
  • MLS#3262212
  • Listed as-is for $349,900

To request a private showing of 1256 Glen Leven Road, or to learn more about this ideally located home, contact the Ann Arbor Real Estate Experts with The Bouma Group at 734-761-3060 or at info@bouma.com.

Ann Arbor Real Estate Report – November 2018

New Listings Entered for Ann Arbor Homes PlummetNew Home Listings Plummet

This November, Ann Arbor residential has seen a major dive in the amount of new listings entered. Only 39 homes were entered into the multiple listings service, this is a extreme 49% decline compared to last November last year when 73 homes were entered. There has only been a minimal increase in listing prices, from $500,023 on average in November 2018 to $507,659 currently. Luckily for sellers, a total of 97 homes were sold this past month, in comparison to the 90 homes sold the prior November, which is a 7.8% increase. The average selling price is still below the average listing price at $430,073, but is 6% above last year’s ASP of $405,669. For the month of November, the average days on the market is 36, which is better than the 38 days last November.

So far this year, 1419 homes have been entered into the MLS, and this is a minor increase compared to the 1383 homes that had been listed at this time in 2017. The average listing price cumulatively is $488,694 currently, versus $474,190 last year, which is a 3% rise. There has only been a slight decline in the amount of sold homes thus far in comparison to the previous year, from 1057 to 1038 sold homes. Like ALP, the ASP has also increased; overall, homes sell for $438,210 and this is a difference of 3.6% compared to $423,024.

Perhaps this significant decline in homes is due to the upcoming holidays. Whether you are looking to buy or sell a home, don’t hesitate to contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Check back here for more up-to-date information on Ann Arbor homes!

3732 Oakmore Court, Ann Arbor, MI 48103

3732 Oakmore Court, Ann Arbor, MI 48103

Just Listed! 3732 Oakmore Court is a unique, contemporary home nestled in a private wooded setting in Scio Township. This stunning home has features like:

  • 3,330 square feet + 1,733 finished in lower level, 4 bedrooms, and 3.5 bathrooms
  • 2.51 acre lot and 2 car attached garage
  • Updates like roof, driveway, brick paver patio, exterior paint, and a whole house generator
  • Soaring ceilings, walls of windows, and abundant natural light throughout
  • See more photos and details 
  • MLS#3261775
  • Presented at $1,100,000

To request a private showing of 3732 Oakmore Court, or to learn more about this luxurious one-of-a-kind home, contact the Ann Arbor Real Estate Experts with The Bouma Group at 734-761-3060 or at info@bouma.com.

Parkwood Condos, Ann Arbor Real Estate Report

Parkwood Condo Report – November 2018Parkwood Condo Complex, Ann Arbor MI 48103

Situated on the west side of Ann Arbor in beautiful Scio Township, Parkwood is a collection of spacious condos in a private wooded setting. There are currently 0 condos listed for sale and so far this year, 5 have sold.

Sold Condos:

  • $350,000.  5492 Parkgrove, Ann Arbor. 1742 sq. ft., +1472 in the finished lower level, 2 bedrooms and 3 full baths.
  • $330,000.  433 Woodgrove, Ann Arbor. 1749 square feet with 3 bedrooms and 2.1 baths.
  • $325,000.  5478 Parkgrove, Ann Arbor. 1860 square feet with 2 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $325,000.  5432 Parkgrove, Ann Arbor. 1964 sq. ft., +600 in finished lower level, 3 bedrooms and 2.1 baths.
  • $325,000.  5433 Parkgrove, Ann Arbor. 1964 square feet with 3 bedrooms and 2.1 baths.

Last year at Parkwood, only 1 condo sold for $340,000 with an average price per square foot of $177.00. The 5 units sold this year have an average sale price of $331,000, down slightly, and an average price per square foot of $179.00, up slightly. To learn more about the Parkwood Condo community and to be immediately notified of new listings, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condo complexes here!

Ann Arbor Real Estate Report – October 2018

Both Listing and Sale Prices Rise for Ann Arbor Homes

This October, Ann Arbor homes have seen an increase in prices for both month-year statistics and year-to-date statistics. Overall, there has not been a significant change in the amount of inventory listed and sold. Only 1 additional home has been listed this month compared to last October when 94 were listed. The average listing price has increased 9%, from $442,683 to $483,085 October 2018. 86 homes were sold this month, which is a difference of 1 less home compared to last year. Unfortunately for sellers, the average selling price is below the ALP and the average days on the market have increased by 35.7% to 38 days. On average, homes sell for $416,435, which is 7.9% higher than last October when the ASP was $385,933. Looking at year-to-date statistics, there has been more inventory entered into the MLS this year compared to last year at this time. A total of 1381 homes have been listed so far, compared to the 1312 that had been entered at this point last year. The average listing price thus far is $488,423 versus $472,988, which is a 3.5% increase. Since the beginning of 2018, 940 homes have been sold and this is slight decrease of 2.9% in comparison to the 968 homes sold by October in the previous year.

Whether you are looking to buy or sell a home, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. For more updated information about Ann Arbor homes, check back here!

1561 W Liberty Street, Ann Arbor, MI 48103

 

1561 W Liberty Street , Ann Arbor, MI 48103

SOLD! 1561 W Liberty Street is a gorgeous newer construction home ideally located just steps from downtown Ann Arbor!

  • 2,375 square feet + 470 finished in walkout lower level, 4 bedrooms, and 3.5 bathrooms
  • NEW features like hardwood floor, granite counters, stainless steel appliances, and tile shower
  • Enviable backyard with two-level deck and patio with fire pit – ideal for entertaining
  • High ceilings and high-end finishes throughout
  • Most importantly, steps from local schools, Eberwhite Woods, downtown AA, and University of Michigan campus
  • More Photos and Features
  • MLS#3261083
  • Listed for $759,995

To request a private showing for 1561 W Liberty Street, or to learn more about this luxurious home, contact the Ann Arbor Real Estate experts with The Bouma Group today at 734-761-3060 or info@bouma.com.

Ann Arbor Real Estate Report – September 2018

Ann Arbor Homes See an Increase in Both Inventory and Listing PricesHome inventory and prices increasing for Ann Arbor Real Estate

There has been growth in inventory for Ann Arbor homes comparative to last year’s statistics. With listing prices rising, sale prices have too; however, sale prices are still below the asking. This September, 137 listings were entered into the multiple listings service, this is an increase of 15.5% compared to the 110 listings entered last September. The average listing price saw a rise of 8.9%, from $488,176 to $530,567 currently. Unfortunately, only 71 homes were sold in September, which is a 22.8% decline in comparison to the 923 homes sold the previous September. Sale prices have seen an increase of 6.9%, $408,967 versus $437,082 this month. Luckily for home buyers, the average days on the market has lowered slightly to 26 days, from 28 days last September. So far this year, more listings have been entered into the multiple listings services compared to this time last year; but there has been a decline in the amount of sold homes. A total of 1286 homes have been listed for sale thus far, which is an increase of 5.7% compared to the 1217 homes sold at this time last year. There has only been a small rise for the average listing price of homes, from $476,195 to $489,791 which is approximately 3%. Like the increase of ALP, average sale prices have experienced the same growth. The ASP is $441,322 thus far, versus $428,494 last year at this time.

For more information about Ann Arbor homes, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Don’t forget to check back here for more about the market!