Ashley Terrace Condo Report – September 2014
Located in the heart of downtown Ann Arbor, this chic high-rise condo building is completed and has since seen increased values. There are currently 4 units listed for sale and so far this year, 4 units have sold.
Condos For Sale:
- $439,000. 111 N. Ashley #702, Ann Arbor. 1259 square feet with 2 bedrooms and 2 baths.
- $479,000. 111 N. Ashley #809, Ann Arbor. 1078 square feet with 2 bedrooms and 2 baths.
- $479,900. 111 N. Ashley #512, Ann Arbor. 1343 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
- $499,000. 111 N. Ashley #609, Ann Arbor. 1200 square feet with 2 bedrooms and 2 baths.
Sold Condos:
- $240,000. 111 N. Ashley #513, Ann Arbor. 658 square feet with 0 bedrooms (efficiency) and 1 bath.
- $315,000. 111 N. Ashley #604, Ann Arbor. 863 square feet with 1 bedroom and 1 bath.
- $360,000. 111 N. Ashley #903, Ann Arbor. 1006 square feet with 2 bedrooms and 1.1 bath.
- $449,900. 111 N. Ashley #801, Ann Arbor. 1067 square feet with 2 bedrooms and 2 baths. Listed by The Bouma Group
Last year at Ashley Terrace, 16 condos sold with an average sale price of $367,688 and average price per square foot of $303.00. The 4 condos that sold this year have an ASP of $337,500, down 8%, and APSF of $374.00, up 23%. Sale prices took a big dive in 2010 and while not where they were when construction began, they are steadily rising. For more information on condo values at Ashley Terrace or any Ann Arbor Condos, contact us at The Bouma Group today at 734-761-3060 or email info@bouma.com.