Tag Archives: Ann Arbor Real Estate

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

New Listing! 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!

Ann Arbor Real Estate Report – August 2018

Prices Increase Overall but Homes Still Sell Below Asking PriceAnn Arbor Residential Report Chart

Both listing and selling prices are increased for Ann Arbor homes compared to last August, as well as compared to the year to date statistics. Luckily for buyers, homes are selling below the listing price. Only 1 more new listing was entered this August compared to the previous, totaling an entry of 134 homes. The average listing price this year was $481,072, which is an increase of 11.3% in comparison to the ALP of last August which was $432,104. For the amount of homes that are put on the market, a good portion of them are selling. Like the amount of listings entered, 1 more home sold compared to the prior August where only 128 homes sold. Another positive is that the average days on the market has decreased by 8%, from 24 days to 22 days now. The average sale price for August is $452,386, this is only a 3.2% increase compared to the ASP in August 2017 which was $438,370. Continue reading

Hollywood Park, Ann Arbor Real Estate Update

Hollywood Park Real Estate Report – August 2018

Hollywood Park is a family friendly Ann Arbor neighborhood; the affordable homes come in a variety of layouts and styles. There are currently 4 homes listed for sale and so far this year, 7 have sold.Hollywood Park Subdivision Ann Arbor MI

Homes for Sale:

  • $357,900. 640 Duane Ct., Ann Arbor. 1560 sq. ft., + 208 in finished lower level, 3 bedrooms and 2.0 baths. Sale Pending
  • $349,000. 1272 Kuehnle Ct., Ann Arbor. 1428 sq. ft., + 700 in finished lower level, 4 bedrooms and 1.1 baths. Sale Pending
  • $319,900. 1106 Ravenwood St., Ann Arbor. 2180 square feet with 3 bedrooms and 1.1 baths. Sale Pending
  • $317,500. 773 Center Dr., Ann Arbor. 1074 square feet with 3 bedrooms and 2.1 baths.

Continue reading

Kirkway of Scio, Ann Arbor Real Estate Update

Kirkway of Scio Real Estate Report – August 2018

Kirkway of Scio is a recent Ann Arbor neighborhood in a tranquil setting; the homes look sophisticated especially with the tree lined streets. There are currently 2 homes listed for sale and so far this year, 1 has sold.Kirkway of Scio subdivision, Ann Arbor MI

Homes for Sale:

  • $469,900. 320 Sedgewood Ln., Ann Arbor. 2487 sq. ft., + 1037 in finished lower level, 5 bedrooms and 3.1 baths.
  • $389,900. 360 Sedgewood Ln., Ann Arbor. 2375 square feet with 4 bedrooms and 2.1 baths.
  • $369,900. 388 Sedgewood Ln., Ann Arbor. 2377 square feet with 4 bedrooms and 2.1 baths.

Sold Homes:

  • $466,600. 308 Sedgewood Ln., Ann Arbor. 2697 sq. ft., + 1100 in finished lower level, 6 bedrooms and 3.1 baths.

Last year at Kirkway of Scio subdivision, 4 homes sold with an average sale price of $376,250 and an average price per square foot of $170.00. The 1 home sold this year have an ASP of $466,600, up a considerable 24%, and an A$/SF of $174.00, up slightly. To learn more about home values at Kirkway of Scio, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!

 

Ann Arbor Real Estate Report – July 2018

Increased Inventory for Ann Arbor Homes

Ann Arbor Residential Real Estate Report for July 2018

Compared to last month and last July, inventory has increased for Ann Arbor homes. As well, average sale prices have also risen for both this month and so far this year. This July, 7% more listings have been entered compared to the prior July, 146 homes versus 136. The average listing price saw a minimal decline compared to last July, from $491,264 to $490,390. Compared to July 2017, there has been a 5.6%  increase in the amount of homes sold this month from 124 units to 131. Although prices usually decrease with more available inventory, prices have actually risen for July. This month  the average sale price is $443,944, which is an increase of 11.6% compared to the ASP of $397,721 in the previous year. Luckily for home sellers, the average days on the market has decreased to 21 days. So far this year, 1018 homes have been entered into the MLS; this is a 4.3% growth compared to the amount of listings entered at this time last year. Unfortunately, only 655 homes have sold this year which is a slight decrease compared to 2017  which had 663 units sold. The average sale price for homes sold thus far in 2018 is $438,859, this is a slight increase in comparison to the ASP of $428,564 last year. It is still a seller’s market for Ann Arbor single family homes, with a month supply of 4.3. Homes priced from $500k to $800k are considered to be a balanced market. Like always, higher end homes, those above $800k, are a part of a buyer’s market. Continue reading

4005 Calgary Court, Ann Arbor Luxury Home at Pines of Lake Forest

4005 Calgary Court, Ann Arbor MI 481084005 Calgary Court, Ann Arbor MI Home in the Pines of Lake Forest

SOLD! Luxurious Pines of Lake Forest home situated on a beautiful lot with a fenced back yard. Amenities include:

  • 4814 sq. ft., plus 1195 in the finished lower level with daylight windows, 4 bedrooms and 5.1 baths.
  • Gorgeous hickory hardwood flooring throughout the formal living and dining rooms, great room, kitchen, and sunroom.
  • Impressive floor to ceiling, stone, wood burning fireplace in the great room.
  • Desirable first floor master suite has an elegant tray ceiling, dual closets, and a private bath with marble floor and spa tub.
  • More photos & features
  • Virtual tour
  • MLS# 3258587
  • Listed for $939,575

To request a private showing or more information for 4005 Calgary Court, 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 more for Pines of Lake Forest here!