Tag Archives: Real Estate Report

Boulder Ridge, Ann Arbor Subdivision Report for 2017

Boulder Ridge Year End Report – 2017Boulder Ridge Subdivision, Ann Arbor MI Homes

2017 was a decent year for Boulder Ridge with 3 houses sold. The amount of sales decreased by 6 houses compared to the previous year.

Sold Homes:

  • $500,000.  8055 Boulder Ridge Ct., Ann Arbor. 3064 sq. ft., +1500 in finished lower level, 4 bedrooms and 3.1 baths.
  • $395,000.  8026 Boulder Ridge Ct., Ann Arbor. 2780 sq. ft., +1000 in finished lower level, 4 bedrooms and 2.1 baths.
  • $347,000. 3001 Green Valley Dr., Ann Arbor. 1775 sq. ft., + 246 in finished lower level, 3 bedrooms and 2.1 baths.

While there were less sales at Boulder Ridge in 2017, the average sales price rose by 22% going from $338,956 in 2016 to $414,000 in 2017. The average price per square did not fare as well and dropped 7%, going from $180.00 in 2016 to $167.00 in 2017. Keep up to date with what is being listed and sold at this Ann Arbor neighborhood by checking the webpage here for updates! For more information, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com.

Scio Hills, Ann Arbor Subdivision Report

Scio Hills Real Estate Report – March 2018Scio Hills Subdivision, Ann Arbor MI Neighborhood

There is currently 1 home listed for sale at Scio Hills subdivision. So far this year, 1 has sold and in 2017, 2 homes sold.

Home for Sale:

  • $505,000.  2682 Valley Drive, Ann Arbor. 1834 sq. ft., +1834 in finished lower level, 3 bedrooms and 2 baths.

Sold Homes:

  • $543,000.  4082 Ramsgate Court, Ann Arbor. 2548 square feet with 4 bedrooms and 2.1 baths.
  • $540,000.  1459 Coventry Square, Ann Arbor. 2600 sq. ft., +1100 in finished lower level, 4 bedrooms and 2.1 baths.
  • $485,000.  1483 Coventry Square, Ann Arbor. 2256 sq. ft., +600 in finished lower level, 3 bedrooms and 2.1 baths.

In 2016, 3 homes sold with an average sale price of $460,505 and an average price per square foot of $200.00. The 2 homes sold last year had an ASP of $512,500, up 11%, and an A$/SF of $211.00, up 5%. For more information on Scio Hills or to be instantly notified when a new listing comes to the market, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. Check out more Ann Arbor neighborhoods here!

Meadow Creek, Dexter Real Estate Report

Meadow Creek Real Estate Report – March 2018Meadow Creek Subdivision, Dexter MI Real Estate Report

Due to it’s small size, Meadow Creek subdivision averages a home sale or two a year. In 2017, there was 1 sale and in 2016, there were 2 sales. There are currently no homes listed for sale.

Home Sold in 2017:

  • $440,000.  6433 Meadow Ridge Court, Dexter. 3100 square feet with 4 bedrooms and 3.1 baths.

Homes Sold in 2016:

  • $385,000.  6469 Meadow Creek Drive, Dexter. 3080 sq. ft., +900 in finished lower level, 5 bedrooms and 3.1 baths.
  • $389,900.  6481 Meadow Creek Drive, Dexter. 3526 square feet with 4 bedrooms and 3.1 baths.

Average sale price have risen significantly since the low in 2010 when it was $288,000 and the average price per square foot was $78.47. In 2016, the ASP was $387,450 and the A$/SF was $118.00 and in 2017, the ASP was $440,000, up almost 14% and the A$/SF was $142.00, up 20%. To learn more about home values at Meadow Creek or to be notified when a new listing comes to the market, contact the Dexter Real Estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. View more Dexter subdivisions here!

 

Arbor Hills, Ann Arbor Real Estate Report

Arbor Hills Real Estate Report – February 2018Arbor Hills Subdivision, Ann Arbor Real Estate Update

There are currently 0 homes listed for sale at Arbor Hills subdivision and so far this year, 1 has sold. Last year, 8 homes sold.

2018 Sold Home:

  • $368,400.  3381 Cromwell, Ann Arbor. 1530 sq. ft., with 890 in finished lower level, 3 bedrooms and 3 baths.

2017 Sold Homes:

  • $412,000.  3416 Ashburnham, Ann Arbor. 2066 sq. ft. +1200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $395,000.  3428 Ashburnham, Ann Arbor. 1980 sq. ft., +600 in finished lower level, 4 bedrooms and 3.1 baths.
  • $375,000.  3227 Kilburn Park Circle, Ann Arbor. 1530 square feet with 3 bedrooms and 2 baths.
  • $375,000.  3144 Dunwoodie, Ann Arbor. 1980 square feet with 4 bedrooms and 2.1 baths.
  • $365,000.  3149 Kilburn Park Circle, Ann Arbor. 1676 sq. ft., +1000 in finished lower level, 3 bedrooms and 2.1 baths.
  • $350,000.  3361 Cromwell, Ann Arbor. 1938 sq. ft., +500 in finished lower level, 4 bedrooms and 2.1 baths.
  • $330,000.  3370 Cromwell, Ann Arbor. 1530 square feet with 3 bedrooms and 2 baths.
  • $285,000.  3404 Cromwell, Ann Arbor. 1146 sq. ft., +900 in finished lower level, 3 bedrooms and 2.1 baths.

In 2016, 7 homes sold with an average sale price of $335,250 and an average price per square foot of $178.00. The 8 homes sold in 2017 had an ASP of $360,875, up 8%, and an A$SF of $212.00, up 19%. To learn more about the Arbor Hills neighborhood or to be instantly notified on new listings, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com. See more Ann Arbor Subdivisions here!

Ann Arbor Woods Real Estate Market Update

Ann Arbor Woods Market Update – February 2018Ann Arbor Woods, Ann Arbor Subdivision

There are currently 0 homes listed for sale at Ann Arbor Woods subdivision and in 2017, 10 homes sold.

Sold Homes:

  • $418,000.  5 Manchester Ct., Ann Arbor. 2174 sq. ft., +900 in finished lower level, 3 bedrooms and 2.1 baths.
  • $320,000.  2759 Manchester, Ann Arbor. 1920 sq. ft., +200 in finished lower level, 4 bedrooms and 2.1 baths.
  • $310,000.  2510 Essex, Ann Arbor. 1396 sq. ft., +426 in finished lower level, 3 bedrooms and 2.1 baths.
  • $304,000.  2771 Manchester, Ann Arbor. 1821 square feet with 3 bedrooms and 2 baths.

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2017 Year End Review for Washtenaw County Real Estate

Washtenaw County Real Estate Report for 2017Washtenaw County Annual Real Estate Report for 2017

2017 was another very competitive year for the real estate market in Washtenaw County.  Continued strong employment growth which creates demand, along with historically low interest rates and a shrinking inventory has fueled an increase in average sales price for the 8th year in a row.  Average sales prices in Washtenaw County bottomed out in 2009 at $182,287 and since then have increased in value by 66% to $303,087.   Meanwhile, the average sales price for a home in Ann Arbor increased to $422,667, a 7.8 % increase over last year.

In spite of the low inventory, we have begun to see some mixed signals.  While active listings remain in short supply, we are seeing a decrease in the pace of sales, a reluctance by buyers to enter into multiple offer situations, a lack of over list price offers, buyer’s remorse after an offer is bottom-lined, and buyers negotiating very hard after the building inspection.  Because buyers are paying top dollar, they become very intolerant of any problems that may arise during the building inspection.  The market also remains susceptible to wider changes in the economic landscape, with slowly increasing interest rates, new construction coming to the market, key tax plan changes, and the anxiety that comes from 8 years of strong price increases and buying at the top of the market. Continue reading

Partridge Creek, Ypsilanti Subdivision Market Report

Partridge Creek Subdivision Report – December 2017Partridge Creek Subdivision Home, Ypsilanti Township MI

Located in the growing Ypsilanti Township, Partridge Creek offers a variety of home styles close to parks and many conveniences. There are currently 7 homes listed for sale and so far this year, 18 have sold.

Homes for Sale:

  • $245,000.  7795 Pleasant Lane, Ypsilanti. 2072 sq. ft., +716 in finished lower level, 4 bedrooms and 2.1 baths. Listed by The Bouma Group
  • $234,500.  8169 Starling Court, Ypsilanti. 1501 sq. ft., +900 in finished lower level, 3 bedrooms and 2 baths.
  • $229,900.  6546 E. Summerdale, Ypsilanti. 1495 sq. ft., +1000 in finished lower level, 3 bedrooms and 3 baths. Sale Pending
  • $219,900.  8133 Starling Court, Ypsilanti. 2259 sq. ft., +1800 in finished lower level, 4 bedrooms and 3.1 baths. Sale Pending
  • $219,900.  6612 E. Summerdale Circle, Ypsilanti. 1711 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • $219,900.  7935 Springwater Drive, Ypsilanti. 2072 square feet with 4 bedrooms and 2.1 baths. Sale Pending
  • $210,000.  6573 Meadowlark Lane, Ypsilanti. 1494 sq. ft., +400 in finished lower level, 3 bedrooms and 2.1 baths. Sale Pending

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The Downs, Ann Arbor Real Estate Update

The Downs Real Estate Update – October 2017The Downs, Ann Arbor MI Subdivision of Estate Homes

Situated in beautiful Scio Township, The Downs is an estate style neighborhood with Dexter schools. There is currently 1 home listed for sale and so far this year, 0 have sold. In 2016, 1 home sold.

Home for Sale:

  • $850,000.  2735 Walters Way, Ann Arbor. 4295 sq. ft., +880 in finished lower level, 4 bedrooms and 5.1 baths. Sale Pending, Listed by The Bouma Group

Home Sold 2016:

  • $987,000.  2720 Walters Way, Ann Arbor. 4117 sq. ft., +1971 in finished lower level, 5 bedrooms and 3.2 baths.

Due to the small size of this subdivision, typically only 1 home sells per year. To view more market statistics, a neighborhood description and photos, visit The Downs web page. For more information on current listings and home values, contact the Real Estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. View more Ann Arbor Neighborhoods here!

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Saline Real Estate Market Update – 3rd Quarter 2017

Saline Home Sale Prices Up 7%

Saline Real Estate Statistics for 3rd Quarter

The Saline Real Estate market finishes off the third quarter in a slight seller’s market with a 4.7 month supply of homes available for sale. This is especially evident in the under $500,000 range with all price points in a seller’s market. This changes over $500,000 with a large amount of homes for sale in each category with a high month supply. Year-to-date, fewer homes have been listed and sold which is driving the average sale price up. At the end of September, 346 homes were listed, compared with 404 the same time last year. 257 homes have sold compared with 278 and the average Saline home sale price has increased 7%, going from $367,348 in 2016 to $394,763.

For sellers, this is a great time to get your home listed for sale! Inventory is low and sale prices keep rising. Want to know what your home is worth? Contact us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com and find out! See what is happening in your particular Saline neighborhood or search for homes here!

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The Preserve of Dexter Real Estate Update

The Preserve of Dexter Update – October 2017The Preserve of Dexter, Dexter MI Subdivision

Located in beautiful Scio Township, The Preserve of Dexter is home to custom luxury residences. There are currently 0 homes listed for sale and so far this year, 2 have sold.

Sold Homes:

  • $860,000.  3978 Glacier Lake Ct., Dexter. 3652 square feet with 4 bedrooms and 3.1 baths.
  • $639,000.  4497 Lake Vista Dr., Dexter. 2787 sq. ft., +1200 in finished lower level, 4 bedrooms and 3.1 baths.

Last year at The Preserve of Dexter, 2 homes sold with an average sale price of $729,950 and an average price per square foot of $263.00.  The 2 homes sold this year have an ASP of $749,500, up 3%, and an A$/SF of $232.00, down 12%. To learn more about this upscale Dexter neighborhood, contact the real estate specialists with The Bouma Group at 734-761-3060. Search for more homes here!