Ann Arbor Real Estate Report – October 2016

Arbor Creek is a good-sized neighborhood of spacious homes in a convenient location. There are currently 3 homes listed for sale and so far this year, 7 have sold.

Homes for Sale:

• $495,000.  2627 Cook Creek, Ann Arbor. 2900 sq. ft., +1300 in finished lower level, 4 bedrooms and 3.1 baths.
• $419,900.  2576 Mystic, Ann Arbor. 2456 square feet with 4 bedrooms and 2.1 baths.
• $345,900.  2361 Rockport Ct., Ann Arbor. 2001 sq. ft., +800 in finished lower level, 4 bedrooms and 2.1 baths.

Sold Homes:

• $414,000.  2796 Mystic, Ann Arbor. 2344 sq. ft., +646 in finished lower level, 4 bedrooms and 2.1 baths. Sold by The Bouma Group
• $409,900.  2640 Rock Ridge Ct., Ann Arbor. 2448 sq. ft., +1247 in finished lower level, 4 bedrooms and 2.1 baths.

• $405,000.  2285 Boulder Ridge, Ann Arbor. 2448 sq. ft., +1200 in finished lower level, 4 bedrooms and 2.1 baths.
• $400,000.  2362 Marquis Ct., Ann Arbor. 2216 sq. ft., +1000 in finished lower level, 4 bedrooms and 2.1 baths. Listed by The Bouma Group
• $395,000.  2456 Cliffside, Ann Arbor. 2331 sq. ft., +1209 in finished lower level, 4 bedrooms and 2.1 baths.
• $325,000.  2400 Marquis Ct., Ann Arbor. 2128 square feet with 4 bedrooms and 2.1 baths.
• $318,000.  2256 Gemstone, Ann Arbor. 2109 sq. ft., +600 in finished lower level, 3 bedrooms and 2.1 baths.

Last year, 9 homes sold with an average sale price of $401,000 and average price per square foot of $164.00.  The 7 homes that have sold so far this year have an ASP of $380,000, down about 5%, and an A$SF of $166.00, up slightly. If the homes currently listed sell for close to list price, those statistics will rise. Be sure to check back at our blog, or the Arbor Creek webpage for current statistics on home values. To find out what your home may be worth in today’s market, contact the Real Estate specialists with The Bouma Group at 734-761-3060 or email us at info@bouma.com. View more Ann Arbor Subdivisions here!