Market Update – May 2011
Briarcrest Condos is a collection of townhouse and apartment style units located in central Ann Arbor close to Briarwood Mall, Whole Foods Market, I-94, downtown Ann Arbor, shopping, and a variety of restaurants. There are currently 2 units for sale at Briarcrest with 1 under contract. 1 condo has sold and 3 have been rented out so far this year.
Condos for Sale:
- $89,900. 983 square feet with 2 bedrooms and 2 baths.
The State Street area has, for over 150 years, offered a rich array of goods, services and Ann Arbor real estate situated near the main campus of the University of Michigan. From the annual State Street Art Fair in July to a quick sandwich at Potbelly to the perfect condo to call “home,” State Street provides virtually everything today’s savvy urban dweller needs and wants.
Although the economy has taken a toll on businesses across the nation and in Ann Arbor, confidence is growing as the South State Street business corridor begins to revitalize. Pittsfield Township officials are actively and aggressively seeking to grow the job market and overcome numerous vacancies, restoring the fiscal health of the area. According to Township Supervisor Mandy Grewal, area officials are “getting out there and outlining the benefits to businesses of locating” in the community.