Ann Arbor Condo Real Estate Update – December 2011
Madison Place Condos, Ann Arbor are located on the south east side of town, within walking distance of many modern amenities. These brownstone style condos feature spacious floor plans and many upgrades. There is currently 1 condo listed for sale, 1 listed for rent and so far this year, 1 condo has been rented.
Condo for Sale:
- $79,900. 1445 square feet with 3 bedrooms and 1.1 baths. Foreclosure
Condo for Rent:
- $1200/month. 1283 square feet with 3 bedrooms and 2.1 baths.
Rented Condo:
- $1350/month. 1242 square feet with 3 bedrooms and 2.1 baths.
Last year at Madison Place, 5 condos sold (4 were short sales) with an average sale price of $112,600 and average price per square foot of $78.83. No sales this year is an indication that sellers are upside down in their mortgages and unable to sell at today’s lower prices. To find out more about condo prices at Madison Place, or the nearby Ann Arbor Condos at Turnberry Village, Arbor Heights, or Creekwood contact The Bouma Group, Ann Arbor Realtors today at 734-761-3060 or info@bouma.com. And to view current listing and sold information, floor plans, photos, site maps and more, click over to our Ann Arbor Condo Hotline – Washtenaw County’s premier source for condo data!