Tag Archives: Ann Arbor Real Estate

Ann Arbor Real Estate Market Update – February 2017

The Spring Real Estate Market Starts Now!

Ann Arbor Real Estate Statistics for February 2017

Due to a huge lack of listing inventory, Ann Arbor is in a strong seller’s market with a 2.5 month supply of homes for sale. This is the lowest it has been for February since long before the real estate recovery started, when it was a consistent buyer’s market. The buyer pool remains very strong with a growing job market, low interest rates, and millennials starting to purchase homes. At the end of February, there were 279 homes listed for sale compared with 313 listings last year. The lack of inventory is pushing values upward as buyers compete for listings in their price range.

The spring market is here, now is the perfect time to get your home listed for sale! With this lower than average inventory, homes in great condition are selling quicker than ever. For more information about selling or purchasing an Ann Arbor home, contact the  Ann Arbor real estate specialists at The Bouma Group today at 734-761-3060 or info@bouma.com. We have statistics for all Ann Arbor subdivisions, specific price points and more! And be sure to visit our website at www.bouma.com where you can search for homes in the Ann Arbor MLS, view information for all Ann Arbor condos,  or read our informative Ann Arbor real estate blog for buyers and sellers.Save

2554 Country Village Court, Ann Arbor MI Real Estate Listing

small2554 Country Village Court, Ann Arbor MI 48103

New Listing! Enjoy the laid-back lifestyle of condo living from this Country Village condominium on Ann Arbor’s west side. Features include:

  • 1,496 square feet with 2 bedrooms and 2 full and one half baths
  • Study in lower level could also be a potential third bedroom
  • Sunny kitchen highlighted by skylight features stainless appliances
  • Large Trex deck for hassle-free maintenance
  • More photos and features
  • MLS# 3246618
  • Listed for $249,900

To learn more about The Bouma Group’s new condo listing at 2554 Country Village Ct., Ann Arbor, contact us at 734-761-3060 or email info@bouma.com. See more Ann Arbor condos for sale here!

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823 Pomona Road, Ann Arbor MI Real Estate Listing

823 Pomona Road, Ann Arbor MI 48103823 Pomona Road, Ann Arbor, MI 48103 Ann Arbor Home For Sale

New Listing! Well-maintained ranch in a fantastic west side Ann Arbor neighborhood close to downtown, parks, and entertainment. Features include:

  • 1,074 square feet with 3 bedrooms and 2 full bathrooms
  • Additional room on main level could be formal dining space, bedroom, or office
  • Professionally-finished lower level with rec space, bedroom, and full bath with spa tub
  • Spacious yard with deck and large garage
  • More photos and features
  • MLS# 3246442
  • Listed for $330,000

To learn more about The Bouma Group’s new real estate listing at 823 Pomona Road, Ann Arbor, contact us at 734-761-3060 or email info@bouma.com. See more Ann Arbor homes for sale here!

2554 Timber Hill Drive, Walnut Ridge Home For Sale in Ann Arbor

2554 Timber Hill Drive, Ann Arbor, MI 481032554 Timber Hill Drive, 48103 Ann Arbor Home at Walnut Ridge

Just Listed! Contemporary Toll Brothers home located in the distinguished Walnut Ridge neighborhood. Features include:

  • 3792 square feet with an addition 1500 square feet in the lower level
  • 5 bedrooms, 4 full bathrooms, and 1 half bathroom
  • Beautiful two-story foyer with gleaming hardwood floors
  • Open kitchen with granite counters and cherry cabinets
  • Great room with fireplace and impressive wall of windows
  • Large master suite with spa-like bath
  • Ann Arbor mailing, Scio Township property taxes
  • More photos & features
  • MLS# 3246378
  • Listed for $894,900

To learn more about 2554 Timber Hill Drive, or to schedule a private showing, contact the real estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. Interested in other Ann Arbor residential neighborhoods? Look here!

Ann Arbor Real Estate Market Update – December 2016

Lack of Listings Drive Ann Arbor Real Estate Prices Upward

Ann Arbor Real Estate Statistics for December 2016

As has been the trend for most of the year, new real estate listings are down, sales are steady, and prices are up. According to the Ann Arbor Area Board of Realtors, new Ann Arbor home listings decreased by 12% when comparing December of this year to December of last year. Home sales decreased slightly from 84 in 2015 to 81 in 2016. And, the average sale price rose 8%, from $362,452 in ’15 to $390,381 in ’16.

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1728 Jackson Avenue, Ann Arbor Home for Sale

1728 Jackson Avenue, Ann Arbor MI 481031728 Jackson Avenue, Ann Arbor MI Home for Sale

New Listing! Incredible location, incredible lot, and incredible tudor style home! Features include:

  • 3684 square feet of living space with 4 bedrooms, a study, and 3 baths.
  • Situated within walking distance of downtown on an extra deep lot with lush landscaping and mature trees.
  • Many original features include: leaded glass windows, coved ceilings, millwork, and custom plaster along with updated electrical and plumbing.
  • Gourmet kitchen and baths have all been updated with the best of today’s features.
  • More photos and details
  • Virtual tour
  • MLS# 3245616
  • Listed for $714,900

To request a private showing for 1728 Jackson Ave, or to learn more about this fantastic property, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com today!

809 Miller, Ann Arbor MI Home for Sale

809 Miller, Ann Arbor MI 48103809 Miller Road, Ann Arbor MI Home for Sale

Just Listed! Charming Ann Arbor home situated in the desirable Water Hill neighborhood, backing to West Park. This home has great bones and is mid-way through a total renovation, so you can finish to make into your own. Features include:

  • 1272 square feet with 3 bedrooms and 1 full bath.
  • Vaulted family room addition has skylights.
  • Hardwood floors and original woodwork.
  • Large backyard with a brick patio and 2-car carriage house.
  • More photos and features
  • MLS# 3245625
  • Listed for $249,900

To learn more about 809 Miller, or to request a private showing, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View more of our Featured Homes here!

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1542 Newport Creek Drive, Ann Arbor MI Home for Sale

1542 Newport Creek Dr., Ann Arbor MI 481031542 Newport Creek, Ann Arbor MI Luxury Home

SOLD! Absolutely gorgeous, luxury custom home in the prestigious Newport Creek neighborhood. Details include:

  • 4016 sq. ft., +1300 in the finished lower level, 4 bedrooms and 4.1 baths.
  • Desirable first floor master bedrooms suite features skylights, a private ceramic tiled bath, and walk-in closet.
  • Gleaming hardwood floors throughout most of the first level.
  • Walk-out lower level is finished with a large rec room, full bathroom, and study or guest room.
  • Situated on just over half an acre.
  • More photos & details
  • Virtual tour
  • MLS# 3245128
  • Listed for $950,000

To request a private showing or learn more about 1542 Newport Creek Dr., contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View photos, amenities, and an aerial video of the Newport Creek subdivision here!

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Ann Arbor Condo Market Update – October 2016

Higher Priced Condos are Selling

Ann Arbor Condo Market Statistics for October 2016
Ann Arbor Condos in the higher price ranges have been selling fairly quickly this year. In the $500,000-$1,000,000 price range, of the 13 condos listed for sale, 7 are new construction and 6 of those are under contract with a buyer. Typically the higher price points are slower to sell, but there have been 23 sales year-to-date and it is a balanced market with a 6.8 month supply. The overall condo market is faring well, with 585 units selling year-to-date, compared with 546 this time last year. The average sale price has increased 10% to $225,800. It remains a seller’s market with a 2.5 month supply of condo listings.

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Ann Arbor Real Estate Market Update – October 2016

Ann Arbor Real Estate Update

Ann Arbor Real Estate Statistics for October 2016
The Ann Arbor Real Estate market continues to struggle with a lack of inventory. This October 83 homes were listed for sale, compared with 124 listed in October 2015. This is a decline of 33%. As we have been reporting each month, this lack of listings is driving prices upward as the pool of buyers is not declining. The average sale price for Ann Arbor homes this October is $360,868, up 4% over last October with 7 more homes selling. Year-to-date, the average sale price has risen 6%. This all leads to Ann Arbor remaining in a seller’s market with a 4.2 month supply of homes for sale.

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