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Archives: May 9, 2021

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!