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Archives: June 21, 2021

Madison Place Condo, Ann Arbor Report

Madison Place Market Update – June 2021

Madison Place has open-concept living inclusive of two-story foyers and cathedral ceilings. Residents at this Ann Arbor condo also enjoy lovely landscaping and a courtyard. There are no active listings and so far this year, 2 condos have sold.

Condo Sold in 2021:

  • $233,000. 3138 Promenade Circle, Ann Arbor. 1242 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $230,000. 4278 Esplanade Lane, Ann Arbor. 1260 square feet with 3 bedrooms and 2.1 baths.

Last year at Madison Place, 5 condos sold with an average sale price of $224,500 and an average price per square foot of $178.50 The 2 condos sold thus far in 2021 have an ASP of $231,500, up 3.1%, and an A$/SF of $185.07, up 3.7%. For more information about condos at Madison Place, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!

Brownstone Condos, Ann Arbor Report

Brownstone Market Update – June 2021

A traditional gem, Brownstone condos are a timeless place to live. This Ann Arbor complex is tucked away downtown and is just a few steps from many local shops. There are no active listings and so far this year, no condos have sold.

With only 8 units, Brownstone is an intimate complex and therefore, sales only happen on occasion. The most recent sale was in 2016 when a unit sold for $432,000 with a price per square foot of $276.92. If you are interested in units at Brownstone or similar condominiums, then contact the specialists with The Bouma Group who are well versed in the market. Find more Ann Arbor properties here!