Ann Arbor Real Estate Report – February 2013

The desirable Hollywood Park neighborhood saw a big jump in home values in 2012 and have recovered to the prices of 2006/07. There is currently 1 home listed for sale and in 2012, 14 homes sold.

Home for Sale:

• 1031 N. Maple, Ann Arbor. $194,900. 1050 square feet with 3 bedrooms and 1.1 baths.

Sold Homes:

• 636 Louise, Ann Arbor. $145,000. 1194 square feet with 3 bedrooms and 1 bath. Bank Owned
• 2523 Pamela, Ann Arbor. $169,000. 1050 sq. ft. +600 in finished lower level, 3 bedrooms and 1.1 baths.
• 1097 Ravenwood, Ann Arbor. $170,000. 1668 square feet with 4 bedrooms and 1.1 baths. Bank Owned
• 1135 Ravenwood, Ann Arbor. $183,000. 1780 square feet with 3 bedrooms and 2 baths.
• 2632 Pamela, Ann Arbor. $183,050. 1050 sq. ft. +200 in finished lower level, 3 bedrooms and 1.1 baths.
• 2650 Pamela, Ann Arbor. $193,000. 1074 square feet with 3 bedrooms and 1.1 baths.
• 1316 Ravenwood, Ann Arbor. $195,000. 1395 sq. ft. +400 in finished lower level, 3 bedrooms and 2.1 baths.
• 2619 Patricia Court, Ann Arbor. $209,900. 1876 square feet with 4 bedrooms and 2 baths.
• 1425 Ravenwood, Ann Arbor. $222,000. 1395 sq. ft. with 3 bedrooms and 1.1 baths.
• 910 Patricia, Ann Arbor. $222,000. 1428 sq. ft. +500 in finished lower level, 4 bedrooms and 1.1 baths.
• 1560 Kuehnle, Ann Arbor. $228,000. 1536 sq. ft. with 3 bedrooms and 2.1 baths.
• 640 Duane Court, Ann Arbor. $234,900. 1902 sq. ft. with 3 bedrooms and 2 baths.
• 1526 Kuehnle, Ann Arbor. $237,900. 2176 sq. ft. with 3 bedrooms and 2.1 baths.
• 1366 Kuehnle, Ann Arbor. $245,000. 2257 sq. ft. with 4 bedrooms and 2.1 baths.

In 2011, 13 homes sold at Hollywood Park with an average sale price of $166,351 and average price per square foot of $103.46. In 2012 the ASP rose 22% to $166,351 and the A$/SF rose 32% to $136. These are great signs of recovery for this popular west side neighborhood. To find out more about home values in your particular subdivision, contact the Ann Arbor Real Estate specialists with The Bouma Group today at 734-761-3060 or info@bouma.com. Be sure to check our blog and website frequently for the latest real estate statistics for Washtenaw County!