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Heatherwood Condos, Ann Arbor Real Estate Report

Ann Arbor Condo Real Estate Update – February 2012Heatherwood Condos, Ann Arbor Real Estate Back View

Heatherwood Condos, Ann Arbor is a moderately sized complex with a convenient south side location. The great facilities include an in-ground pool, clubhouse, volleyball, picnic areas and more. There are currently 2 condos for sale, 2 for rent, and since our last update in September, 2 units have sold.

Condos Listed for Sale:

  • $79,900. 1252 square feet with 2 bedrooms and 2 baths. Foreclosure & Sale Pending
  • $125,000. 1190 square feet with 2 bedrooms and 2 baths. Short Sale

Condos for Rent:

  • $1200/month. 1100 square feet with 2 bedrooms and 2 baths.
  • $1300/month. 1252 square feet with 2 bedrooms and 2 baths.

Sold Condos:

  • $112,000. 1376 square feet with 2 bedrooms and 2 baths. Foreclosure
  • $120,000. 1376 square feet with 2 bedrooms and 2 baths.

Due to the large number of foreclosures at Heatherwood condos, 2011 sale prices have declined by 44% when compared to a high in 2006 when the average sale price was $159,718. Prices most likely won’t begin to rise until the foreclosures have cycled out. This is great news for condo buyers looking for a great deal! To learn more about condo prices at Heatherwood, or the nearby Ann Arbor condos at Fox Glen, Meadow Grove, or Heritage Falls contact us today at The Bouma Group, your Ann Arbor real estate specialists at 734-761-3060 or info@bouma.com. Have you visited Ann Arbor’s Condo Hotline yet? View photos, floor plans, recent sold and new listing information!

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