Tag Archives: Real Estate Market Report

Willow Pond, Ann Arbor Real Estate Report

Willow Pond Real Estate Report – March 2017Willow Pond Subdivision, Ann Arbor MI with Ypsilanti Mailing

There are currently 0 homes listed for sale at Willow Pond subdivision and last year, 4 homes sold.

Sold Homes:

  • $255,000.  4124 Plum Ridge Drive. 2240 square feet with 4 bedrooms and 2.1 baths.
  • $245,000.  4061 Plum Ridge Drive. 1511 sq. ft., +1250 in finished lower level, 3 bedrooms and 3 baths. Listed by The Bouma Group
  • $240,000.  4148 Plum Ridge Drive. 1521 sq. ft., +100 in finished lower level, 3 bedrooms and 2 baths.
  • $210,000.  4098 Willow Pond Drive. 2380 square feet with 4 bedrooms and 2.1 baths. Sold by The Bouma Group

In 2015, 3 homes sold with an average sale price of $231,667 and an average price per square foot of $115.00.  The 4 homes sold last year have an ASP of $237,500, up 3%, and an A$SF of $237,500, up 14%. We have listed and sold many homes in Willow Pond over the years and know this neighborhood very well! For more information on home values, sold properties, or to be notified when a new listing hits the market, contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com. Thinking of listing your home? Find out what it’s worth here!

Meadowinds Subdivision, Ann Arbor Market Report

Meadowinds, Ann Arbor Subdivision Report – March 2017Meadowinds Subdivision, Ann Arbor MI Neighborhood

There are currently 0 homes listed for sale at Meadowinds subdivision and so far this year, 1 home has sold. In 2016, 5 homes sold.

Sold Home in 2017:

  • $366,000.  1818 Harley Drive, Ann Arbor. 2496 square feet with 4 bedrooms and 2.1 baths.

Sold Homes in 2016:

  • $432,500.  1767 Harley Drive, Ann Arbor. 2756 sq. ft., +735 in finished lower level, 3 bedrooms and 3.1 baths.
  • $430,000.  2854 Windside Ct., Ann Arbor. 2469 square feet with 5 bedrooms and 3 baths.
  • $410,000.  1893 Harley Drive, Ann Arbor. 2664 sq. ft., +1500 in finished lower level, 4 bedrooms and 3.1 baths.
  • $395,000.  1809 Harley  Drive, Ann Arbor. 2729 sq. ft., +1000 in finished lower level, 4 bedrooms and 3.1 baths. Sold by The Bouma Group
  • $385,000.  2870 Windside Ct., Ann Arbor. 2278 square feet with 4 bedrooms and 2.1 baths.

In 2015, 5 homes sold with an average sale price of $387,880 and an average price per square foot of $168.00.  The 5 sold last year have an ASP of $410,000, up 6%, and an A$SF of $160.00, up slightly.  We will continue to track to price trends at Meadowinds, so be sure to check back here often. The Bouma Group has been selling Ann Arbor Real Estate for more than 30 years and we know this market better than anyone. See more neighborhood information here!

Woodside Meadows, Ann Arbor Condo Market Update

Woodside Meadows Condo Update – December 2016Woodside Meadows Condos, Ann Arbor Real Estate Report

Located on the south side of Ann Arbor in Pittsfield Township, Woodside Meadows is a collection of spacious units in a pastoral setting. There are currently 0 units listed for sale and so far this year, 9 have sold.

Sold Condos:

  • $205,000.  567 Addington Lane, Ann Arbor. 1712 square feet with 3 bedrooms and 2 baths.
  • $174,750.  831 Addington Lane, Ann Arbor. 1427 square feet with 2 bedrooms and 2 baths.
  • $174,000.  735 Addington Lane, Ann Arbor. 1427 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
  • $173,000.  1865 Addington Lane, Ann Arbor. 1299 square feet with 2 bedrooms and 2 baths.
  • $171,500.  503 Addington Lane, Ann Arbor. 1217 square feet with 2 bedrooms and 2 baths.
  • $170,000.  615 Addington Lane, Ann Arbor. 1427 square feet with 2 bedrooms and 2 baths.
  • $165,000.  1817 Addington Lane, Ann Arbor. 1217 square feet with 2 bedrooms and 2 baths.
  • $164,700.  983 Addington Lane, Ann Arbor. 1217 square feet with 2 bedrooms and 2 baths.
  • $159,000.  1425 Addington Lane, Ann Arbor. 1299 square feet with 2 bedrooms and 2 baths.

In 2015, 13 condos sold with an average sale price of $162,253 and an average price per square foot of $121.00. The 9 sold this year have an ASP of $172,994, up 7%, and an A$SF of $128.00, up 6%. For more information on values, new listings, and more for Woodside Meadows, contact the real estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. View more Ann Arbor Condos here!

Foxfire Neighborhood, Ann Arbor Real Estate Report

Foxfire, Ann Arbor Market Update – May 2016Foxfire Subdivision, Ann Abor MI Neighborhood of Spacious Homes

Foxfire subdivision currently has 7 homes listed for sale and so far this year, 5 homes have sold.

Homes for Sale:

  • $539,900.  2259 Indian Creek, Ann Arbor. 3125 square feet with 4 bedrooms and 4.1 baths.
  • $467,500.  2261 Indian Creek, Ann Arbor. 3175 square feet with 4 bedrooms and 3.1 baths. Sale Pending
  • $449,900.  2255 Woodhaven Ct., Ann Arbor. 2950 square feet with 4 bedrooms and 3.1 baths.
  • $429,900.  2347 Timbercrest, Ann Arbor. 2668 sq. ft., +1000 in the finished lower level, 4 bedrooms, and 3.1 baths.
  • $429,900.  2274 Hickory Point, Ann Arbor. 2448 sq. ft., +900 in finished lower level, 4 bedrooms, 2.1 baths. Listed by The Bouma Group

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Ann Arbor Real Estate Update – June 2015

Inventory Continues to Rise for Ann Arbor Homes

Ann Arbor Real Estate Stats - June 2015Ann Arbor home inventory has almost doubled since the beginning of the year and is at it’s highest level with 549 listings. Typically, June has the most listings than any other month during the year. Ann Arbor is in a balanced market with a 5.6 month supply of homes listed for sale. The under $400k price range is in a seller’s market with homes selling more quickly than the higher price points. Home sales have risen as well with 1175 homes sold in the past 12 months.

There is still time to get into a new home before the new school year starts! Whether you are buying or selling, or both, The Bouma Group has the knowledge and experience to make it a smooth and easy process for you. Get started by contacting us today at 734-761-3060 or email info@bouma.com. Start your Ann Arbor Real Estate search here!

Old Creek Farms, Saline Real Estate Report

Old Creek Farms, Saline Real Estate Report – March 2015Old Creek Farms, Saline MI Subdivision

Old Creek Farms is an established Saline neighborhood situated just minutes from downtown Saline and the award winning schools. There are currently 2 homes listed for sale, and last year 5 homes sold.

Homes for Sale:

  • $230,000.  390 Pleasant Ridge Ct., Saline. 1640 square feet with 3 bedrooms and 1.1 baths.
  • $225,000.  681 Eastlook Drive, Saline. 1640 sq. ft. +300 in finished lower level, 3 bedrooms, 1.1 baths.

Sold Homes:

  • $238,900.  521 Old Creek Ct., Saline. 2020 sq. ft. +672 in finished lower level, 4 bedrooms, 2.1 baths.
  • $230,000.  439 Springbrook Crescent, Saline. 1640 sq. ft. +400 in finished lower level, 3 bedrooms and 1.1 baths.
  • $225,000.  471 Marpool, Saline. 1640 square feet with 3 bedrooms and 1.1 baths.
  • $202,000.  415 Glenbrook Ct., Saline. 1362 square feet with 3 bedrooms and 1.1 baths.
  • $201,000.  610 Eastlook Drive, Saline. 1320 square feet with 3 bedrooms and 1.1 baths.

In 2013 at Old Creek Farms, 10 homes sold with an average sale price of $206,000 and average price per square foot of $132.00. In 2014, 5 homes sold with an ASP of $219,380, up 7%, and A$SF of $139, up 5%. To learn more about the Saline Real Estate market, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com. Start your Saline Home Search now!

Ann Arbor Condo Market Update – August 2014

Few Changes for Ann Arbor Condo Market

Ann Arbor Condo Real Estate Statistics for August 2014
The Ann Arbor Condo market experienced very few changes when comparing August inventory and contracts pending with those of July. Closed listings declined slightly from last month, but when compared with last year at this time, sales are up 5%. And when also compared with last August, the number of condos listed for sale increased by 17%.  With increased activity comes increased property values, which we have experienced this year. It remains a seller’s market, as it has been since May 2013, with a 4.4 month supply of condos listed for sale.

For more information on these statistics or to find out specific values for your Ann Arbor Condo complex, contact the real estate experts at The Bouma Group today at 734-761-3060 or info@bouma.com. And be sure to visit our Ann Arbor Real Estate website where you can view market data, search for downtown Ann Arbor Condos, and view our current listings!

Ann Arbor Real Estate Market Update – April 2014

Ann Arbor Real Estate Listings Increase 28%

Ann Arbor Real Estate Statistics for April 2014
Ann Arbor Real Estate listings are on the rise and have increased 28% over last month. This is great news for would-be home buyers who have been waiting for new inventory to come to the market. Overall, we are just barely in a seller’s market with a 4.7 months supply of homes, with the under $400k price ranges experiencing a stronger seller’s market.

The spring market was a little behind the norm this year, mainly due to the colder winter that just wouldn’t end. Sales remain strong and steady and are up slightly over last April. With more and more inventory coming to the market, now is the time to get your home listed for sale! Give us a call at The Bouma Group to find out what your home is worth in today’s market – 734-761-3060 or info@bouma.com.

3 Encouraging Signs for the US and Canadian Real Estate Markets

US, Canada Homes for SaleHome prices in both the United States and Canada have steadily been increasing over the last several months, according to recent housing market data.

Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August.

Meanwhile, in Canada, home prices are showing their own gains in terms of home prices!

This is encouraging news for anyone hoping to sell their home soon.

U.S., Canada Home Prices Are On the Rise!

Here are three encouraging signs for both the US housing market and Canadian housing market:

  • Home prices increased month-over-month throughout the summer
  • The proportion of distressed homes in local markets has been declining
  • Home values are seeing year-over-year gains

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Saline Real Estate Market Update – July 2013

Saline Real Estate Market Needs Inventory!

Saline Real Estate Statistics for July 2013

With Saline Real Estate sales at a steady average of 339 homes sold in the past 12 months, and inventory starting to decline – the market needs inventory! As with the entire Washtenaw County market, there are plenty of qualified buyers out there and a lack of homes for sale. Homes in the under $200k price range continue to be in a seller’s market, with the $200k-$300k market balanced.

Although the hot summer market is starting to wind down, it is still a great time to get your Saline home listed for sale! Buyer sales have not slowed down for the past year and homes in great condition are selling quickly. If you’re considering listing your home, contact us for a free market analysis – it may be worth a lot more than you think! To find out more about real estate values in Saline, give The Bouma Group a call today at 734-761-3060 or info@bouma.com.