Tanglewood Market Update – May 2021
This unique Ann Arbor neighborhood is a collection of custom built homes on well-sized lots. While Tanglewood is calm and tucked away, it also is only a short drive to nearby shops and major roadways. There is 1 active listing on the market and so far this year, none have sold.
Home for Sale:
- $669,900. 5537 Tanglewood Drive, Ann Arbor. 3494 sq. ft., + 1216 in the finished lower level; 5 bedrooms and 2.1 baths. Sale Pending
Last year at Tanglewood, 1 home sold with a sale price of $635,000 and a price per square foot of $185.24. In comparison to the 5 homes in 2019, their average SP was $718,800, a difference of 11.8%, and their average $/SF was $212.95, a difference of 13%. If the current listing sells at its asking price of $669,900, there would be a 5.5% increase from 2020, and the $/SF of $191.73 would be a rise of 3.5% from 2020. For more information on the homes at Tanglewood, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!