Darlington Subdivision, Ann Arbor Real Estate Update

Ann Arbor Real Estate Report – October 2011

Darlington Subdivision is a charming Ann Arbor neighborhood with tree-lined streets and a nice variety of home styles. Located on the east side, homeowners can walk to parks, shopping, and eateries. There are currently 8 homes listed for sale, with 2 under contract, and so far this year, 13 homes have sold and 3 have been rented.

Homes Listed:

• $107,500. 1016 sq. ft. +400 in finished lower level, 3 bedrooms and 1 bath.
• $109,900. 1008 square feet with 3 bedrooms and 1.1 baths. Foreclosure
• $130,000. 700 sq. ft. +250 on second level, 2 bedrooms and 1 bath.
• $137,000. 1133 sq. ft. +450 in finished lower level, 3 bedrooms and 2 baths.
• $138,200. 1110 square feet with 3 bedrooms and 1 bath. Short Sale & Under Contract
• $139,000. 960 square feet with 3 bedrooms and 1 bath.
• $139,900. 704 square feet with 2 bedrooms and 1 bath. Under Contract
• $175,000. 1746 sq. ft. +150 in finished lower level.

Homes Sold:

• $55,000. 996 square feet with 2 bedrooms and 1 bath. Foreclosure
• $77,550. 1040 square feet with 3 bedrooms and 1 bath. Foreclosure
• $81,000. 1062 sq. ft. +700 in finished lower level, 3 bedrooms and 1.1 baths.
• $96,000. 808 square feet with 1 bedroom and 1 bath. Foreclosure
• $98,000. 921 square feet with 3 bedrooms and 1 bath.
• $100,750. 1133 square feet with 3 bedrooms and 1 bath.
• $106,000. 1080 square feet with 3 bedrooms and 1 bath.
• $130,000. 1008 sq. ft. +672 in finished lower level, 2 bedrooms and 1 bath.
• $138,600. 1313 sq. ft. +600 in finished lower level, 3 bedrooms and 2 baths.
• $140,900. 1024 sq. ft. + in finished lower level, 3 bedrooms and 2 baths.
• $148,500. 1800 square feet with 4 bedrooms and 2.1 baths. Foreclosure
• $176,000. 2010 square feet with 4 bedrooms and 2.1 baths.
• $232,000. 2080 square feet with 5 bedrooms and 2 baths.

Homes Rented:

• $1000/month. 928 square feet with 2 bedrooms and 1 bath. Listed & Rented by The Bouma Group
• $1000/month. 820 square feet with 3 bedrooms and 1 bath.
• $1300/month. 1016 square feet with 2 bedrooms and 1 bath.

Last year at Darlington Subdivision, Ann Arbor, 7 homes sold with an average sale price of $117,200 and average price per square foot of $101.45. The Darlington neighborhood has been hit hard by foreclosures, which has brought down the average prices. Non-foreclosure homes are selling at higher prices and once the foreclosures have cycled through, we will begin to see a rise in the averages.  To learn more about home prices at Darlington Subdivision, or the nearby Forestbrooke, Turnberry, or Ann Arbor Woods, contact the real estate experts at The Bouma Group at 734-761-3060 or info@bouma.com. For instant information on current listings and sold properties, plus photos, floor plans, and by-laws, visit the Ann Arbor Subdivision Hotline here!