Tag Archives: Market Report

Fleming Creek, Ann Arbor Real Estate Update

Fleming Creek Real Estate Report – June 2017Fleming Creek Subdivision, Ann Arbor MI Homes

There are currently 0 homes listed for sale at Fleming Creek, an upscale neighborhood on the north side of Ann Arbor. So far this year, 2 homes have sold and last year, 3 homes sold.

Homes Sold 2017:

  • $475,000.  4725 Parkside Court, Ann Arbor. 2569 sq. ft., +702 in finished lower level, 4 bedrooms and 3.1 baths.
  • $467,000.  4822 N.Ridgeside Court, Ann Arbor. 3008 sq. ft., +2000 in finished lower level, 4 bedrooms and 3.1 baths.

Homes Sold 2016:

  • $475,000.  4993 S. Ridgeside Court, Ann Arbor. 2728 sq. ft., +880 in finished lower level, 4 bedrooms and 3.1 baths. Listed & Sold by The Bouma Group
  • $400,000.  4976 S. Ridgeside Circle, Ann Arbor. 1999 sq. ft., +680 in finished lower level, 3 bedrooms and 3.1 baths.
  • $390,000.  2400 Parkside Drive, Ann Arbor. 2001 sq. ft., +800 in finished lower level, 3 bedrooms and 4 baths.

The 3 homes sold last year have an average sale price of $421,667 and an average price per square foot of $190.00. The 2 sold this year have an ASP of $471,000, up 12%, and an A$SF of $170.00, down 10.5%. To be notified of new listings or learn more about Fleming Creek, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Subdivisions here!

Ponds at Stonebridge, Ann Arbor Condo Report

Ponds at Stonebridge Condo Report – May 2017Ponds at Stonebridge, Ann Arbor Condos

There is currently 1 condo listed for sale at Ponds at Stonebridge and so far this year, 1 has sold. Last year, 2 sold.

Condo for Sale:

  • $329,900.  4210 Boulder Pond, Ann Arbor. 1979 sq. ft., +1000 in finished lower level, 3 bedrooms and 3 baths.

Sold Condos:

  • $321,000.  4163 Boulder Pond, Ann Arbor. 1993 sq. ft., +840 in finished lower level, 3 bedrooms and 3.1 baths.
  • $300,300.  4026 Boulder Pond, Ann Arbor. 1182 sq. ft., +1000 in finished lower level, 2 bedrooms and 3 baths.
  • $275,000.  4031 Boulder Pond, Ann Arbor. 1182 square feet with 2 bedrooms and 2 baths.

In 2015, 5 condos sold with an average sale price of $282,900 and an average price per square foot of $219.00. Values continue to trend upward with the 3 recent sales having an ASP of $298,767, up 6%, and an A$SF of $216.00, down slightly. Thinking of selling your Ponds at Stonebridge condo? Give us a call at 734-761-3060 for a market analysis and find out what it’s worth in today’s market. Looking to purchase? Search for Ann Arbor Condos here!

Eagle Ridge Condos, Ann Arbor Market Report

Eagle Ridge, Ann Arbor Condo Report – May 2017Eagle Ridge Condos, Ann Arbor Real Estate

There are currently 0 condos listed for sale at Eagle Ridge and last year, 4 condos sold.

Sold Condos:

  • $220,000.  1035 Bluestem Lane, Ann Arbor. 1372 square feet with 2 bedrooms and 2.1 baths.
  • $215,000.  2153 Pennsylvania, Ann Arbor. 1614 square feet with 3 bedrooms and 2.1 baths.
  • $203,000.  1006 Bluestem Lane, Ann Arbor. 1316 square feet with 2 bedrooms and 2.1 baths.
  • $199,900.  1051 Bluestem Lane, Ann Arbor. 1158 square feet with 2 bedrooms and 2.1 baths.

In 2015, 5 Eagle Ridge condos sold with an average sale price of $195,400 and an average price per square foot of $146.00. The 4 sold this year have an ASP of $209,475, up 7%, and an A$SF of $155.00, up 6%. To learn more about market values, new listings for sale, and amenities at Eagle Ridge, contact the real estate specialists with The Bouma Group, Realtors today at 734-761-3060 or email us at info@bouma.com. Search for Ann Arbor Condos here!

Clusters of Meadowview, Condo Market Report

Clusters of Meadowview Condo Report – April 2017Clusters of Meadowview Condos

There are currently 0 condos listed for sale at Clusters of Meadowview. So far this year, 1 condo has sold and in 2016, 3 sold.

Sold Condo 2017:

  • $152,500.  5825 Staghorn, Ypsilanti. 1408 sq. ft., +400 in finished lower level, 2 bedrooms and 1.1 baths.

Sold Condos 2016:

  • $172,000.  5780 Staghorn, Ypsilanti. 1524 square feet with 2 bedrooms and 2.1 baths. Sold over list price
  • $171,000.  5716 Staghorn, Ypsilanti. 1408 sq. ft., +536 in finished lower level, 2 bedrooms and 2.1 baths.
  • $160,000. 5731 Staghorn, Ypsilanti. 1408 sq. ft., +740 in finished lower level, 2 bedrooms and 2.1 baths. Sold over list price

The 3 condos sold in 2016 have an average sale price of $167,667 and an average price per square foot of $116.00. The condo sold this year has an ASP of $152,500 and an A$SF of $108.00. Both of these numbers are lower than the sales last year, but will hopefully rise when more sales occur. To keep up to date with new listings and sales at Clusters of Meadowview, contact the condo specialists with The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com. See more Ann Arbor Condo complexes here!

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

Arbor Heights, Ann Arbor Condo Market Report

Arbor Heights Condo Market Report – March 2017Arbor Heights Condos, Ann Arbor MI

There is currently 1 unit listed for sale at Arbor Heights and so far this year,

Condo for Sale:

  • $59,900.  4214 Packard #1, Ann Arbor. Studio condo with 432 square feet with 1 bath.

Sold Condos:

  • 63,500.  4218 Packard St., Ann Arbor. 768 square feet with 2 bedrooms and 1 bath.

Last year at Arbor Heights, 3 condos sold with an average sale price of $62,833 and an average price per square foot of $82.00.  The unit sold this year has an ASP of $63,500 and an A$SF of $83.00, both up slightly. For more information on condo life at Arbor Heights, or for immediate notification when a new listing comes to the market, contact us at The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condo complexes here!

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Forest Creek, Ann Arbor Condo Report

Forest Creek, Ann Arbor Condo Report – March 2017Forest Creek Condos, Ann Arbor MI

There are currently 0 condos listed for sale at Forest Creek. In 2016, 4 condos sold and so far this year, 0 have sold.

Sold Condos:

  • $155,000.  3062 Forest Creek, Ann Arbor. 966 sq. ft., +700 in finished lower level,  2 bedrooms and 2 baths.
  • $146,000.  3029 Forest Creek, Ann Arbor. 1012 square feet with 2 bedrooms and 1 bath.
  • $142,000.  3027 Forest Creek, Ann Arbor. 968 square feet with 2 bedrooms and 1.1 baths. Sold by The Bouma Group
  • $140,000.  3075 Forest Creek, Ann Arbor. 968 square feet with 2 bedrooms and 1.1 baths.

In 2015, 7 units sold with an average sale price of $127,779 and an average price per square foot of $128.00. The 4 units sold last year have an ASP of $146,375, up 14.5%, and an A$SF of $150.00, up 17%. For more information on condo values at Forest Creek, or to be notified immediately when a new listing comes to the market, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condos here!

Garden Homes Park, Ann Arbor Real Estate Report

Garden Homes Park Real Estate Report – March 2017Garden Homes Park neighborhood, Ann Arbor MI

Garden Homes Park is a classic neighborhood located on the west side of Ann Arbor. There are currently 2 homes listed for sale and so far this year, 2 have sold. In 2016, 1 home sold.

Homes for Sale:

  • $295,000.  2260 Garden Homes Dr., Ann Arbor. 1716 square feet with 3 bedrooms and 2 baths.
  • $279,900.  1700 Fulmer, Ann Arbor. 2614 square feet with 5 bedrooms and 2.1 baths. Sale Pending

Sold Homes:

  • $400,000.  1659 Fulmer, Ann Arbor. 2968 square feet with 4 bedrooms and 3.1 baths. New Construction
  • $142,500.  1771 S. Franklin Ct., Ann Arbor. 1512 square feet with 3 bedrooms and 2 baths.

Sold Homes 2016:

  • $177,000.  1755 N. Maple, Ann Arbor. 1232 square feet with 3 bedrooms and 2 baths.

The home sold last year had a sale price of $177,000 and an average price per square foot of $144.00. The 2 homes sold this year have an average sale price of $271,250, up 53%, and an A$SF of $115.00, down 20%. This large disparity can be attributed to the new construction home selling for top dollar for the neighborhood and the other home selling at the bottom end of the spectrum. To learn more about home values and the types of homes in the Garden Homes Park neighborhood, call us at The Bouma Group at 734-761-3060 or email info@bouma.com. We’ve been selling Ann Arbor Real Estate for more than 30 years and know the market better than anyone!

 

 

Earhart Village, Ann Arbor Condo Market Report

Earhart Village, Ann Arbor Condo Report – March 2017Earhart Village Condos, Ann Arbor MI 48105

There are currently 0 condos listed for sale at Earhart Village. So far this year, 1 has sold and in 2016, 11 sold.

Condo Sold in 2017:

  • $269,900.  812 Earhart, Ann Arbor. 1736 sq. ft., +750 in finished lower level, 3 bedrooms and 2.1 baths.

Condos Sold in 2016:

  • $265,000.  931 Greenhills, Ann Arbor. 1893 sq. ft., +950 in finished lower level, 5 bedrooms and 3.1 baths.
  • $261,000.  1010 Greenhills, Ann Arbor. 1736 sq. ft., +308 in finished lower level, 3 bedrooms and 2.1 baths.
  • $247,000.  704 Greenhills, Ann Arbor. 1540 square feet with 3 bedrooms and 2.1 baths. Listed and Sold by The Bouma Group
  • $246,000.  788 Greenhills, Ann Arbor. 1468 square feet with 3 bedrooms and 2.1 baths.
  • $245,000.  1050 Greenhills, Ann Arbor. 1537 square feet with 2 bedrooms and 2 baths.
  • $242,500.  746 Greenhills, Ann Arbor. 1975 square feet with 4 bedrooms and 2.1 baths.
  • $240,750.  744 Greenhills, Ann Arbor. 1334 square feet with 2 bedrooms and 1.1 baths.
  • $237,000.  843 Greenhills, Ann Arbor. 1736 sq. ft., +825 in finished lower level, 3 bedrooms and 2.1 baths.
  • $229,000.  927 Greenhills, Ann Arbor. 1736 sq. ft., +500 in finished lower level, 3 bedrooms and 2.1 baths.
  • $208,200.  656 Greenhills, Ann Arbor. 1396 sq. ft., +200 in finished lower level, 2 bedrooms and 2.1 baths.

The 11 condos sold last year have an average sale price of $241,950 and an average price per square foot of $150.00. The unit sold this year had a higher sale price than any last year and an A$SF of $155.00, up 3%. The A$SF has risen 67% since the low of $90/SF in 2010, which is great news for condo owners. For more information on values at Earhart Village, or would like to know what your condo is worth in today’s market, give us a call at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condo complexes here!

Hometown Village of Ann Arbor Real Estate Market Report

Hometown Village Real Estate Report – March 2017Hometown Village of Ann Arbor Subdivision

There is currently 1 home listed for sale at Hometown Village of Ann Arbor, and so far this year 0 have sold. In 2016, 7 homes sold.

Home for Sale:

  • $375,000.  1304 North Bay, Ann Arbor. 3073 square feet with 4 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2016:

  • $425,000.  1495 Chapleau, Ann Arbor. 2812 sq. ft., +1200 in finished lower level, 4 bedrooms and 3.1 baths.
  • $370,000.  1377 Timmins, Ann Arbor. 2112 sq. ft., +500 in finished lower level, 4 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $355,000.  1259 North Bay, Ann Arbor. 2755 square feet with 4 bedrooms and 2.1 baths.
  • $338,500.  1273 Timmins, Ann Arbor. 1842 sq. ft., +700 in finished lower level, 3 bedrooms and 2.1 baths.
  • $300,000.  1508 Chapleau, Ann Arbor. 2236 sq. ft., +600 in finished lower level, 4 bedrooms and 3.1 baths.
  • $294,500.  1349 Timmins, Ann Arbor. 2255 square feet with 3 bedrooms and 2.1 baths.
  • $294,500.  1548 Chapleau, Ann Arbor. 1674 square feet with 3 bedrooms and 2.1 baths.

In 2015, 6 homes sold at Hometown Village with an average sale price of $359,000 and average price per square foot of $147.00.  The 7 sold in 2016 had an ASP of $339,643, down 5%, and an A$SF of $154.00, up 5%. For more information on home values or what is currently for sale at Hometown Village, call us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. Thinking of selling your Ann Arbor home? Find out what it may be worth today!