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Archives: May 6, 2021

Geddes Lake Condo, Ann Arbor Report

Geddes Lake Market Update – May 2021

Look no further than Geddes Lake for peaceful living. This Ann Arbor condominium has waterfront views, beautiful walking paths, playgrounds, tennis courts, and an outdoor pool. There is 1 active listing on the market and so far this year, 7 have sold.

Condo for Sale:

  • $275,000. 727 Peninsula Court, Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths. Sale Pending

Condos Sold in 2021:

  • $300,000. 3131 Lakehaven Drive, Ann Arbor. 1516 square feet with 3 bedrooms and 2.1 baths.
  • $244,000. 678 Peninsula Court, Ann Arbor. 1152 square feet with 2 bedrooms and 1.1 baths.
  • $242,000. 624 Watersedge Drive, Ann Arbor. 1152 square feet with 2 bedrooms and 1.1 baths.
  • $237,500. 739 Peninsula Court, Ann Arbor. 1152 square feet with 2 bedrooms and 1.1 baths.
  • $232,500. 662 Peninsula Court, Ann Arbor. 1152 square feet with 2 bedrooms and 1.1 baths.
  • $195,000. 777 Skyknob Drive, Ann Arbor. 1260 square feet with 2 bedrooms and 1.1 baths.
  • $191,000. 640 Watersedge Drive, Ann Arbor. 1260 square feet with 2 bedrooms and 1.1 baths.

Last year at Geddes Lake, 23 condos sold with an average sale price of $221,239 and an average price per square foot of $185.23. The 7 condos sold thus far in 2021 have an ASP of $241,250, up 9%, and an A$/SF of $190.59, up slightly. To learn more about condo activity at Geddes Lake, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!

Vernon Downs, Ann Arbor Neighborhood Report

Vernon Downs Market Update – May 2021

Vernon Downs is well known for its sturdy homes inclusive of hardwood and fireplaces. This larger Ann Arbor neighborhood is also conveniently situated near amenities and the highway. There is 1 active listing and so far this year, 7 homes have sold. The Bouma Group was involved with 1 of the sales.

Home for Sale:

  • $350,000. 1745 Dunmore Road, Ann Arbor. 1160 square feet with 3 bedrooms and 1.1 baths. Sale Pending

Homes Sold in 2021:

  • $450,000. 1724 Waltham Drive, Ann Arbor. 1432 sq. ft., + 500 in the finished lower level; 3 bedrooms and 3.0 baths.
  • $430,000. 2002 Brampton Court, Ann Arbor. 1306 square feet with 3 bedrooms and 1.1 baths.
  • $420,000. 1824 Saxton Street, Ann Arbor. 1620 square feet with 3 bedrooms and 1.1 baths.
  • $400,000. 1901 Waltham Drive, Ann Arbor. 1840 square feet with 4 bedrooms and 1.1 baths.
  • $370,000. 1524 Waltham Drive, Ann Arbor. 1380 square feet with 3 bedrooms and 1.1 baths.
  • $280,000. 1724 Weldon Boulevard, Ann Arbor. 1092 square feet with 3 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $247,900. 1700 Scio Church Road, Ann Arbor. 1102 square feet with 3 bedrooms and 1.0 bath.

Last year at Vernon Downs, 23 homes sold with an average sale price of $391,478 and an average price per square foot of $280.39. The 7 homes sold thus far in 2021 have an ASP of $371,129, down 5.2%, and an A$/SF of $267.09, down 4.7%. If you are considering listing or buying a home at Vernon Downs, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor homes here!