Lakewood Real Estate Report – July 2020

Not only do the homes of Lakewood offer character and charm, but they are surrounded by beautiful foliage. Currently, 3 homes are listed for sale and so far this year, 7 have sold.

Homes for Sale:

• $359,900. 3020 Hilltop Drive, Ann Arbor. 1225 sq. ft., + 655 in the finished lower level; 3 bedrooms and 3.0 baths. Sale Pending
• $275,000. 230 Highlake Avenue, Ann Arbor. 1044 sq. ft., + 400 in the finished lower level; 4 bedrooms and 1.0 baths. Sale Pending.
• $225,000. 120 Mason Avenue, Ann Arbor. 962 square feet with 3 bedrooms and 1.0 baths. Sale Pending

Homes Sold in 2020:

• $375,000. 2971 Sunnywood Drive, Ann Arbor. 2087 square feet with 4 bedrooms and 2.1 baths.
• $359,000. 330 Hazelwood Avenue, Ann Arbor. 1426 sq. ft., + 1426 in the finished lower level; 3 bedrooms and 2.0 baths.
• $357,000. 101 Gralake Avenue, Ann Arbor. 1036 sq. ft., + 880 in the finished lower level; 2 bedrooms and 2.0 baths.
• $350,000. 312 Mason Avenue, Ann Arbor. 1475 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.0 baths.
• $311,000. 3067 Lakeview Drive, Ann Arbor. 1236 sq. ft., + 858 in the finished lower level; 3 bedrooms and 2.0 baths.
• $285,000. 318 Gralake Avenue, Ann Arbor. 912 sq. ft., + 600 in the finished lower level; 3 bedrooms and 1.1 baths.
• $243,000. 284 Highlake Avenue, Ann Arbor. 912 square feet with 3 bedrooms and 1.0 baths.

Last year at Lakewood, 12 homes sold with an average sale price of $329,410 and an average price per square foot of $246.34. The 7 homes that sold this year have an ASP $325,714, down minimally, and an A$/SF of $263.41, up 6.9%. If you are interested in learning more about the market at Lakewood, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor neighborhoods here!