Ann Arbor Real Estate Report – October 2016

There is currently 1 home listed for sale at the exclusive Gallery at the Polo Fields, and so far this year 0 homes have sold. Last year, 3 homes sold.

Home for Sale:

• $559,900.  908 Gallery Lane, Ann Arbor. 2954 square feet with 3 bedrooms and 2.1 baths.

Sold Homes 2015:

• $975,000.  931 Gallery Lane, Ann Arbor.  5500 sq. ft., +2000 in finished lower level, 5 bedrooms and 4.1 baths.
• $675,000.  909 Gallery Lane, Ann Arbor. 3424 sq. ft., +in finished lower level, 4 bedrooms and 4.1 baths.
• $670,000.  759 Eagle Ave., Ann Arbor. 3419 sq. ft., +1373 in finished lower level, 5 bedrooms and 4 baths.

The 3 homes sold in 2015 had an average sale price of $773,333 and average price per square foot of $190.00. Compared with the low in 2011, the ASP is up 46% from 530,102, an the A$SF is up 22% from $156.00.  Keep up with the latest home values, new listings, and sold properties at the Gallery at the Polo Fields webpage. For more information, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com.