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Briar Hill, Ann Arbor Neighborhood Report

Briar Hill Market Update – May 2021

Briar Hill has premium features in its homes, some of these include: grand entrances, fireplaces, and upscale and sturdy exteriors. At this Ann Arbor neighborhood, there are also sports courts, walking trails, a pond, and a park. There are no active listings and so far this year, 4 homes have been sold. The Bouma Group was the listing agent for 1 of the sold properties.

Homes Sold in 2021:

  • $590,000. 3859 Lake Pointe Lane, Ann Arbor. 3151 sq. ft., + 1500 in the finished lower level; 5 bedrooms and 4.1 baths.
  • $583,250. 3872 Lake Pointe Lane, Ann Arbor. 2810 sq. ft., + 1000 in the finished lower level; 6 bedrooms and 4.0 baths. Listed by The Bouma Group
  • $535,000. 1717 Foxdale Lane, Ann Arbor. 3212 square feet with 4 bedrooms and 2.1 baths.
  • $484,000. 3696 Knollwood Circle, Ann Arbor. 2800 square feet with 4 bedrooms and 2.1 baths.

Last year at Briar Hill, 5 homes sold with an average sale price of $518,563 and an average price per square foot of $205.45. The 4 homes sold thus far in 2021 have an ASP of $548,063, up 5.7%, and an A$/SF of $183.56, down 10.7%. For more information about the homes at Briar Hill, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor homes here!

Torwood, Saline Neighborhood Report

Torwood Market Report – May 2021

Homes at Torwood are above a standard grade. As well, this Saline subdivision was well thought out with natural areas preserved throughout. There is 1 active listing and so far this year, 2 homes have sold.

Home for Sale:

  • $499,000. 718 Pembroke Drive, Saline. 2764 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 2.2 baths. Sale Pending

Homes Sold in 2021:

  • $490,000. 354 Pembroke Drive, Saline. 2412 square feet with 3 bedrooms and 2.1 baths.
  • $475,000. 638 Bannock Court, Saline. 2000 sq. ft., + 1000 in the finished lower level; 3 bedrooms and 3.1 baths.

Last year at Torwood, 9 homes sold with an average sale price of $424,278 and an average price per square foot of $170.84. The 2 homes sold thus far in 2021 have an ASP of $482,000, up 13.6%, and an A$/SF of $220.33, up 29%. If you are considering listing or buying a home at Torwood, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Saline homes here!

Nature Cove Condo, Ann Arbor Report

Nature Cove Market Update – May 2021

Not only does Nature Cove offer a lovely place of retreat surrounded by trees, but it is also easily accessible. Another great feature of this Ann Arbor complex is it’s parking spots. There are 3 active listings and so far this year, no condos have sold.

Condos for Sale:

  • $435,000. Unit #304, 2115 Nature Cove Court, Ann Arbor. 1458 square feet with 2 bedrooms and 2.0 baths.
  • $315,000. Unit #103, 2115 Nature Cove Court, Ann Arbor. 1656 square feet with 2 bedrooms and 2.0 baths.
  • $315,000. Unit #210, 2115 Nature Cove Court, Ann Arbor. 1576 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Last year at Nature Cove, 6 condos sold with an average sale price of $305,250 and an average price per square foot of $187.45. In comparison to 2019, the ASP in 2020 declined 4% from $318,000 and the A$/SF decreased minimally. If the 3 current listings sell at their averaged asking price of $355,000, it would be a 16.3% rise from 2020, and the A$/SF of $229.48 would show a 22.4% increase. To learn more about condos at Nature Cove, contact the condo experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!

Georgetown, Ann Arbor Neighborhood Report

Georgetown Market Update – May 2021

For a developed Ann Arbor subdivision, look no further than Georgetown. Some of the homes have been remodeled; and the on-site amenities such as the golf course, swimming pool, and tennis courts remain. There are 2 active listings and so far this year, 8 homes have been sold.

Homes for Sale:

  • $439,000. 3361 Tacoma Circle, Ann Arbor. 2383 sq. ft., + 820 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $399,900. 2917 Ward Court, Ann Arbor. 2332 square feet with 5 bedrooms and 3.0 baths. Sale Pending

York Place, Saline Neighborhood Report

York Place Market Update – May 2021

This Saline subdivision has spacious homes that are over 2000 square feet, with additional 2-3 car garages. The homes at York Place also all have a minimum of 4 bedrooms and completed basements. There are no active listings and so far this year, 2 homes have sold.

Homes Sold in 2021:

  • $550,000. 393 Freemantle Court, Saline. 2800 sq. ft., + 1095 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $516,000. 596 Darwin Court, Saline. 3106 sq. ft., + 1000 in the finished lower level; 5 bedrooms and 2.2 baths.

Last year at York Place, 4 homes sold with an average sale price of $466,250 and an average price per square foot of $164.56. The 2 homes that have sold thus far in 2021 have an ASP of $533,000, up 14.3%, and an $/SF of $181.13, up 10.1%. If you are interested in listing or buying a home at York Place, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Saline homes here!

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!