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Chapel Hill Condo, Ann Arbor Report

Chapel Hill Market Update – May 2021

The condos at Chapel Hill are a great deal for buyers because of their many amenities on site as well as nearby. This Ann Arbor condo has a pool, exercise room, and parks within the complex; plus there are retail stores down the road. There are 2 active listings and so far this year, 8 condos have sold. The Bouma Group was involved in 1 of the sales.

Condos for Sale:

  • $257,000. 3458 Burbank Drive, Ann Arbor. 1280 sq. ft., + 550 in the finished lower level; 3 bedrooms and 2.1 baths. Sale Pending
  • $215,000. 3344 Burbank Drive, Ann Arbor. 1280 square feet with 2 bedrooms and 1.2 baths. Sale Pending

Sandpiper Cove, Saline Neighborhood Report

Sandpiper Cove Market Update – May 2021

The sizeable nature preserve is an attractive feature at this Saline subdivision. Not only do some of the homes at Sandpiper Cove back onto it, but each lot is over an acre and the homes themselves are spacious too. There is 1 active listing and so far this year, 1 home has sold.

Home for Sale:

  • $615,000. 9521 Sandpiper Lane, Saline. 3219 sq. ft., + 750 in the finished lower level; 4 bedrooms and 3.1 baths. Sale Pending

Homes Sold in 2021:

  • $587,500. 9540 Sandpiper Lane, Saline. 2827 sq. ft., + 1400 in the finished lower level; 4 bedrooms and 3.1 baths.

Last year at Sandpiper Cove, 5 homes sold with an average sale price of $592,000 and an average price per square foot of $193.32. The 1 home that has sold thus far in 2021 has a SP of $587,500, down minimally, and a $/SF of $207.82, up 7.5%. For more information about the homes at Sandpiper Cove, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Saline homes here!

Forestbrooke, Ann Arbor Neighborhood Report

Forestbrooke Market Update – May 2021

Forestbrooke is an established Ann Arbor subdivision consisting of beautiful large trees and parks close by. Within the neighborhood, there is a pool that is used for both competitive and recreational swimming. There are 2 active listings and so far this year, 1 home has sold.

Homes for Sale:

  • $300,000. 2725 Brandywine Drive, Ann Arbor. 1728 square feet with 4 bedrooms and 2.0 baths.
  • $300,000. 3 Bristol Court, Ann Arbor. 1093 square feet with 3 bedrooms and 2.0 baths. Sale Pending

Home Sold in 2021:

  • $320,000. 8 Bristol Court, Ann Arbor. 1008 sq. ft., + 900 in the finished lower level; 3 bedrooms and 2.1 baths.

Last year at Forestbrooke, 8 homes sold with an average sale price of $278,625 and an average price per square foot of $204.42. The 1 home sold thus far in 2021 has a SP of $320,000, up 14.8%, and a $/SF of $317.46, up a significant 55.3%. To learn more about the home values at Forestbrooke, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor homes here!

Ann Arbor Real Estate Report – April 2021

Ann Arbor Homes Experience an Influx of New Inventory

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The Spring season brought many new listings with it this April, there were 172 Ann Arbor homes added to the market, which is a substantial 126.3% increase from the 76 entered last April. Even with more inventory, sellers will be pleased to know that the average days on the market declined by 30%, at only 21 days recently. In comparison to the 83 homes sold the April prior, a total of 121 properties were sold this past month demonstrating a 45.8% rise. The average sale price was a significant 41.4% higher at $605,381 versus the $428,015 ASP before.

As for the year-to-date statistics, there was an overall increase from last year. At this time last year, 484 homes had been listed, but this year there was an 11% increase as 537 properties have been put up for sale. Moreover, there were 512 sold properties, which is a considerable 63.1% rise from the 314 previously. Sale prices experienced a 16% increase from $446,818 to $518,187 currently.

If you have more inquiries about the Ann Arbor housing market, don’t hesitate to reach out to the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View our active listings here!

Thornton Farms, Dexter Neighborhood Report

Thornton Farms Market Update – May 2021

This Dexter subdivision is perfect for young families because amazing schools are nearby and there’s a plethora of space for outdoor activities. Thornton Farms is affordable yet also has modern and customized aspects so that you can find your perfect fit. There is 1 active listing and so far this year, 5 homes have sold.

Home for Sale:

  • $299,900. 8126 Gingko Way, Dexter. 2240 square feet with 3 bedrooms and 2.1 baths.

Homes Sold in 2021:

  • $331,000. 8658 Magnolia Way, Dexter. 2320 square feet with 4 bedrooms and 2.1 baths.
  • $292,000. 8049 Beechwood Boulevard, Dexter. 1760 sq. ft., + 600 in the finished lower level; 3 bedrooms and 2.2 baths.
  • $280,000. 8649 Magnolia Way, Dexter. 1812 square feet with 3 bedrooms and 2.1 baths.
  • $272,000. 8051 Beechwood Boulevard, Dexter. 1380 sq. ft., + 1100 in the finished lower level; 5 bedrooms and 3.0 baths.
  • $269,900. 8420 Walnut Hill, Dexter. 1385 square feet with 3 bedrooms and 2.0 baths.

Last year at Thornton Farms, 31 homes sold with an average sale price of $292,980 and an average price per square foot of $156.96. The 5 homes sold thus far in 2021 have an ASP of $288,980, down minimally, and an A$/SF of $171.02, up 9%. To learn more about the housing market at Thornton Farms, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Dexter homes here!

414 North Main, Ann Arbor Condo Report

414 North Main Market Update – May 2021

Look no further for stylish living than 414 North Main. Not only is this Ann Arbor condominium in a prime location, but each of the units are uniquely constructed with upscale features. There is 1 active listing and so far this year, no condos have sold.

Condo for Sale:

  • $925,000. Unit #14, 414 N. Main Street, Ann Arbor. 1860 square feet with 2 bedrooms and 2.1 baths. Sale Pending

Due to it’s limited number of units, 414 North Main only has available condos occasionally. The most recent sales were in 2018 when 2 condos sold with an average sale price of $901,250 and an average price per square foot of $482.52. If the current listing sells at its asking price of $925,000, then there will be a slight increase from 2018, and its $/SF of $497.31 will experience a 3.1% rise. For more information about the condos at 414 North Main, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!

Travis Pointe, Ann Arbor Neighborhood Report

Travis Pointe Market Update – May 2021

This is one of the finest subdivisions at Saline, it has a multitude of home styles, many of which are situated on cul-de-sacs. The central country club is a the pinnacle of Travis Pointe. There are 3 active listings and so far this year, 2 homes have sold. The Bouma Group represented 1 of the sales.

Homes for Sale:

  • $1,095,000. 4560 Boxwood Court, Saline. 4848 sq. ft., + 2000 in the finished lower level; 5 bedrooms and 4.2 baths.
  • $649,000. 3169 Thistle Court, Saline. 2954 sq. ft., + 900 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $585,000. 5429 Village Road, Saline. 3480 sq. ft., + 1200 in the finished lower level; 4 bedrooms and 3.0 baths.

Homes Sold in 2021:

  • $560,000. 5072 Timberview Court, Saline. 2964 sq. ft., + 400 in the finished lower level; 4 bedrooms and 3.1 baths. Listed by The Bouma Group
  • $525,000. 5485 Countryside Drive, Saline. 4404 sq. f.t, + 500 in the finished lower level; 4 bedrooms and 3.1 baths.

Last year at Travis Pointe, 3 homes sold with an average sale price of $676,667 and an average price per square foot of $226.78. The 2 homes that have been sold thus far in 2021 have an ASP of $542,500, down 19.8%, and an A$/SF of $154.07, down 32.1%. If you are considering listing or buying a home at Travis Pointe, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Saline homes here!

Lansdowne, Ann Arbor Neighborhood Report

Lansdowne Market Update – May 2021

With a basketball court and soccer field, this Ann Arbor subdivision is great for sporty families. The homes at Lansdowne are sturdy and many of them have been renovated. There are no active listings and so far this year, 4 homes have sold.

Homes Sold in 2021:

  • $585,000. 2245 Chaucer Court, Ann Arbor. 1802 square feet with 3 bedrooms and 2.0 baths.
  • $505,000. 2078 Ascot Road, Ann Arbor. 1868 square feet with 4 bedrooms and 2.0 baths.
  • $459,900. 2484 Dundee Drive, Ann Arbor. 2052 sq. ft., + 400 in finished lower level; 4 bedrooms and 2.1 baths.
  • $429,000. 1555 Scio Church Road, Ann Arbor. 1847 square feet with 4 bedrooms and 2.0 baths.

Last year at Lansdowne, 10 homes sold for an average sale price of $524,333 and an average price per square foot of $229.20. The 4 homes sold thus far in 2021 have an ASP of $478,725, down 8.7%, and an A$/SF of $254.18, up 10.9%. To learn more about home values at Lansdowne, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor homes here!

Kirkway of Scio, Ann Arbor Neighborhood Report

Kirkway of Scio offers walking paths, a playground, and decent sized yards, making this a great Ann Arbor subdivision. Even with the relaxed atmosphere, conveniences aren’t too far away for owners. There is 1 active listing on the market and so far this year, none have sold.

Home for Sale:

  • $489,900. 387 Sedgewood Lane, Ann Arbor. 2375 sq. ft., + 1185 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Kirkway of Scio, 2 homes sold with an average sale price of $440,000 and an average price per square foot of $175.47. In comparison to the 4 homes in 2019 whose ASP was $381,500, there was a difference of 15.3% to 2020, and the A$/SF of $168.95 had a 3.9% difference. If the current listing sells at its asking price of $489,900, there would be a 11.3% increase from 2020, and the $/SF of $206.27 would experience a 17.6% rise from 2020. For more information about the homes at Kirkway of Scio, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Cambridge Condo, Ann Arbor Report

Cambridge Market Update – May 2021

The brownstones at this Ann Arbor condominium come with premium features such as walk-in closets, basement storage, attached garages, and more. As well, Cambridge has gorgeous landscaping and is only a few steps away from amenities. There are 2 active listings on the market and so far this year, none have sold.

Condos for Sale:

  • $288,750. 2958 Signature Boulevard, Ann Arbor. 1200 sq. ft., + 143 in the finished lower level; 2 bedrooms and 2.0 baths.
  • $278,800. 2954 Signature Boulevard, Ann Arbor. 1412 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Last year at Cambridge, 3 condos sold with an average sale price of $262,000 and an average price per square foot of $181.01. In comparison to the 7 homes in 2019 whose ASP was $262,214, there was a minimal difference to 2020, and the A$/SF of $189.11 had a 4.3% difference. If the current listings sell at their average asking price of $283,775, there would be a 8.3% increase from 2020, and the A$/SF of $219.04 would experience a 21% rise from 2020. To learn more about condo values at Cambridge, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!