Tag Archives: Ann Arbor Real Estate

Hometown Village of Ann Arbor Neighborhood Report

Real Estate Report – August 2019

Hometown Village of Ann Arbor, MI

Designed intentionally, Hometown Village of Ann Arbor has fine craftsmanship and landscaping. This Ann Arbor subdivision gives homeowners a warm feeling amongst preserved nature and white picket fences. Presently, 1 home is on the market and 5 have been sold this year.

Home for Sale:

  • $389,900. 1419 North Bay Drive, Ann Arbor. 1849 sq. ft., + 780 in the finished lower level; 5 bedrooms and 3.1 baths.

Homes Sold in 2019:

  • $411,500. 1281 Timmins Drive, Ann Arbor. 1849 sq. ft., + 550 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $385,000. 1511 Chapleau Drive, Ann Arbor. 2111 sq. ft., + 1047 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $384,900. 1609 Chapleau Drive, Ann Arbor. 1674 sq. ft., + 782 in the finihsed lower level; 4 bedrooms and 3.1 baths.
  • $362,500. 1420 Chapleau Drive, Ann Arbor. 2091 sq. ft., + 800 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $358,000. 1343 Timmins Drive, Ann Arbor. 2415 square feet with 4 bedrooms and 2.0 baths.

Last year at Hometown Village of Ann Arbor, 4 homes sold with an average sale price of $400,125 and an average price per square foot of $170.35. The 5 homes that have sold so far in 2019 have an ASP of $380,380, down 4.9%, and an A$/SF of $191.29, up 12.3%. To learn more about home values at Hometown Village of Ann Arbor, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor neighborhoods here!

Ann Arbor Real Estate Report – July 2019

Average Days on the Market Stays Below 30 Days

Although there has been an increase in the amount of new inventory for Ann Arbor homes in July, the average days on the market is under a month at 21 days. A total of 163 homes were entered into the MLS this past month, a slight increase compared to the 146 last July. Listing prices have risen as well, they are currently averaged at $507,407 whereas before the ALP was $490,390, a 3.5% increase. There was only minimal difference in the amount of sales this July compared to the previous, 127 homes in 2019 versus 131. Selling prices have dipped only slightly, from $443,944 to $437,728 currently.

Looking ahead at year-to-date statistics, the average days on the market is hovering on the 30 day point. 1042 homes have been listed since July 2018 and this is only a small increase in comparison to the 1018 last year. The average listing price has risen 7.9% from $487,314 to $525,590. Thus far, 641 homes have been sold with an average sale price of $464,155. In comparison to the previous statistics, there has been only a slight decline from the 655 homes sold and a 5.8% rise from the ASP of $438,859.

The Bouma Group is here to help with all of your housing needs, whether you are looking to buy or are considering selling your home, contact the specialists at (734)761-3060 or email info@bouma.com. Check back here for more updates on Ann Arbor residential!

Tanglewood Neighborhood Report

Real Estate Report – August 2019

Tanglewood, Ann Arbor MI

Stately homes are found in Tanglewood, they are constructed by established builders and have numerous custom features. Further, this Ann Arbor neighborhood is in a tranquil setting yet is close to the city. Presently, 5 homes are on the market and 3 have been sold this year. The Bouma Group is currently involved in one of the listings.

Homes for Sale:

  • $1,198,500. 5301 Overbrook Drive, Ann Arbor. 4438 sq. ft., + 2650 in the finished lower level; 4 bedrooms and 5.2 baths.
  • $1,159,900. 5333 Kelsey Circle, Ann Arbor. 4386 sq. ft., + 2518 in the finished lower level; 6 bedrooms and 5.2 baths. Listed by The Bouma Group
  • $775,000. 3689 Rolling Ridge Court, Ann Arbor. 3680 square feet with 4 bedrooms and 4.0 baths.
  • $695,000. 5619 Overbrook Drive, Ann Arbor. 3244 sq. ft., + 1782 in the finished lower level; 5 bedrooms and 3.1 baths. Sale Pending
  • $659,900. 3620 Creekside Drive, Ann Arbor. 3256 sq. ft., + 559 in the finished lower level; 4 bedrooms and 3.1 baths. Sale Pending

Homes Sold in 2019:

  • $837,635. 3669 Knoll Creek Court, Ann Arbor. 4546 square feet with 4 bedrooms and 3.1 baths.
  • $765,000. 5345 Overbrook Drive, Ann Arbor. 3550 sq. ft., + 1035 in the finished lower level; 5 bedrooms and 4.1 baths.
  • $633,000. 3629 Tanglewood Drive, Ann Arbor. 2588 sq. ft., + 1413 in the finished lower level; 4 bedrooms and 4.0 baths.

Last year at Tanglewood, 6 homes sold with an average sale price of $713,167 and an average price per square foot of $208.44. The 3 homes that have sold so far in 2019 have an ASP of $736,000, up 3.2%, and an A$/SF of $212.75, up slightly. If you would like to learn more about the housing market at Tanglewood, contact the Real Estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor subdivisions here!

Churchill Downs Neighborhood Report

Real Estate Report – July 2019

Churchill Downs, Ann Arbor MI Real Estate Report - July 2019

Churchill Downs is a well-known Ann Arbor subdivision consisting of a variety of homes; although built in the 1970s, many of the interiors have been renovated. The neighborhood is also located conveniently near parks, stadiums and sports arenas. Presently, there is 1 home on the market and 2 have been sold this year. The Bouma Group has been involved in all of the market activity this year.

Home for Sale:

  • $350,000. 2160 Steeplechase Drive, Ann Arbor. 1350 sq. ft., + 1300 in the finished lower level; 3 bedrooms and 1.1 baths. Listed by The Bouma Group, Sale Pending

Homes Sold in 2019:

  • $375,000. 2185 Churchill Drive, Ann Arbor. 1684 sq. ft., + 482 in the finished lower level; 3 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $322,500. 2010 Churchill Drive, Ann Arbor. 1450 square feet with 3 bedrooms and 1.1 baths. Sold by The Bouma Group

Last year at Churchill Downs, 2 homes sold with an average sale price of $322,000 and an average price per square foot of $224.58. The 2 homes that have sold so far in 2019 have an ASP of $348,750, up 8.3%, and an A$/SF of $222.55, down slightly. To learn more about home values at Churchilll Downs, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. As seen above, it is evident that we have extensive knowledge on this subdivision. View more Ann Arbor neighborhoods here!

Hickory Pointe Neighborhood Report

Real Estate Report – July 2019

Hickory Pointe, Ann Arbor MI Real Estate Report - July 2019

With a variety of homes ranging in size and build date, Hickory Pointe is a well known Ann Arbor subdivision. It is also easily accessible via highways, meaning that owners have many amenities nearby. Presently, there are 5 homes on the market and 8 have been sold this year.

Homes for Sale:

  • $379,000. 4899 Hickory Pointe Boulevard, Ann Arbor. 3024 sq. ft., + 1000 in the finished lower level; 5 bedrooms and 2.1 baths. Sale Pending
  • $375,000. 4605 Shellbark Drive, Ann Arbor. 3024 square feet with 4 bedrooms and 2.1 baths.
  • $315,000. 5137 Blue Spruce Drive, Ann Arbor. 1936 sq. ft., + 650 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $310,000. 5170 Hickory Pointe Boulevard, Ann Arbor. 2236 sq. ft., + 1000 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $270,000. 4547 Hickory Pointe Boulevard, Ann Arbor. 2056 sq. ft., + 765 in the finished lower level; 3 bedrooms and 2.1 baths.

Lake Forest Highlands Neighborhood Report

Real Estate Report – July 2019

This lovely Ann Arbor neighborhood offers a tranquil setting while being between both the city and the country. Lake Forest Highlands has natural areas that are landscaped nicely and well-maintained. Presently, there are 2 homes listed for sale and 1 has sold this year.

Homes for Sale:

  • $489,900. 3645 East Highlander Way, Ann Arbor. 2218 sq. ft., + 900 in the finished lower level; 4 bedrooms and 2.1 baths. Sale Pending
  • $415,000. 2653 Northridge Court, Ann Arbor. 2175 sq. ft., + 909 in the finished lower level; 4 bedrooms and 3.1 baths.

Home Sold in 2019

  • $439,500. 3656 East Highlander Way, Ann Arbor. 2176 sq. ft., + 500 in the finished lower level; 5 bedrooms and 3.1 baths.

Last year at Lake Forest Highlands, 3 homes sold with an average sale price of $440,000 and an average price per square foot of $206.00. The 1 home that has sold so far in 2019 had a sale price of $439,500, down slightly, and a price per square foot of $202.00, also down slightly. If you would like to be updated on selling and listing activity in Lake Forest Highlands, contact the real estate specialists with The Bouma Group at (734)761-3060 or via email info@bouma.com. View more Ann Arbor subdivisions here!

Ann Arbor Real Estate Report – June 2019

An All Around Increase in Prices

Listing and selling prices for both monthly and year-to-date statistics in Ann Arbor have seen an increase in comparison to last year’s numbers. In June, 158 homes were sold in Ann Arbor and this is an increase of 18.6% from the 194 homes sold the previous June. Up 6.8% from $475,710 last year, the average listing price in the past month was $507,887. A total of 129 homes were sold, down only slightly compared to the 133 sold in June 2018. Luckily for sellers, the average selling price is above the ALP at $514,071, a 14.5% increase from June the year prior. The average days on the market was 28 which is 10 more than before.

Looking at year-to-date statistics, 880 homes have been listed so far and this is only a slight increase compared to this time last year. The ALP all together is up 8.8% from $488,286 to $531,389 now. Cumulatively, 514 homes have been sold thus far in 2019 which is a minimal decrease in comparison to last year’s statistics. Average selling prices have totaled to $470,685 at this point versus $437,914 in 2018, a 7.5% rise.

The Bouma Group is here to help you with all of your housing needs, whether you are looking to buy or are considering selling, contact the specialists at (734)761-3060 or email info@bouma.com. Check back here for updated information on Ann Arbor homes!

3005 Fernwood Avenue #101, Ann Arbor, MI 48108

3005 Fernwood Avenue #101, Ann Arbor, MI 48108

SOLD! 3005 Fernwood #101 is a well-maintained ranch home in Creekwood Condos is freshly painted and turn-key! Home offers:

  • 2 bedrooms, 2 bathrooms + 930 square feet
  • Combined living and dining room with gas fireplace and views to patio
  • Master bedroom with generous closet space and updated en suite
  • Notable updates including heating/cooling, Nest thermostat, blinds, and window treatments
  • View additional photos and more details 
  • MLS #3262873
  • Listed at $169,900

Call or email the Ann Arbor Real Estate Experts at The Bouma Group at 734-761-3060 or info@bouma.com today!

Ann Arbor Real Estate Report – January 2019

More Inventory but Less Sales for Ann Arbor HomesAnn Arbor Home Inventory is Rising

Ann Arbor homes are starting off this new year strong with 67 homes being entered into the multiple listings service, this is an increase of 21% compared to the 55 last year.  A total of 39 homes were sold, which is a significant 29% decrease compared to the 55 sold homes last January. Considering only the listings that were entered in January, not inclusive of those that have been on the market longer, 70% of the 67 homes were sold. Unfortunately for sellers, the average days on the market is 45, meaning that many homes entered last month have not yet sold; this is an 11.8% increase from 2017 though. Luckily for buyers, both listing and selling prices declined compared to the prior January. The average listing price dropped from $494,222 to $446,662, a 9.6% difference. There was less of a difference between the average selling price this year and last, $421,420 versus $450,822, only a 6.5% decline.

The Bouma group is here to help you with all of your housing needs, whether you are looking to buy or considering listing your home, contact the specialists at (734)761-3060 or email info@bouma.com. Stay tuned for consistently updated information about Ann Arbor homes and surrounding areas!

1741 Monterey Court, Ann Arbor, MI 48108

1741 Monterey Court, Ann Arbor, MI 48108

SOLD! Custom built home in Stonebridge Estates offers innovative design paired perfectly with functional living spaces. Details of this home are among:

  • 2,718 square feet, 4 bedrooms, 3.5 bathrooms + 950 finished square feet in lower level
  • Quality build details like built-ins, vaulted ceilings, and numerous upgrades
  • Wooded view of Stonebridge Golf Course
  • Finished lower level with large recreation and entertainment space
  • Additional photos and details can be viewed here 
  • MLS#3263000
  • Offered at $685,000

Contact the Ann Arbor Real Estate Experts with The Bouma Group at 734-761-3060 or info@bouma.com for showing information and additional details on this luxurious Ann Arbor home.