Nielsen Square Condo Report – April 2014
Nielsen Square Condos have a terrific downtown Ann Arbor location within walking distance of the University of Michigan medical campus and north campus. There are currently 2 units listed for sale and so far this year, 2 have sold.
Condos for Sale:
- $335,000. 1149 Freesia Court, Ann Arbor. 1879 sq. ft. +77 in lower level, 2 bedrooms and 2 baths. Contract Pending
- 262,399. 1123 Freesia Court, Ann Arbor. 891 sq. ft. +341 in lower level, 2 bedrooms and 1.1 baths. Contract Pending
Sold Condos:
- $311,500. 1137 Freesia Court, Ann Arbor. 1879 sq. ft. +77 in lower level, 2 bedrooms and 2 baths. Sold by The Bouma Group
- $265,000. 1053 Maiden Lane, Ann Arbor. 891 sq. ft. +341 in lower level, 2 bedrooms and 2 baths.
Last year at Nielsen Square, 3 condos sold with an average sale price of $273,333 and average price per square foot of $195.00. The 2 sales so far this year have an ASP of $288,250, up 5%, and A$SF of $232.00, up 19%. Condo values are really rebounding, especially in the downtown area, and as you can see by the high activity already, units are moving quickly. To learn more about Nielsen Square or to get instant notification of new listings, contact the Ann Arbor Condo specialists with The Bouma Group at 734-761-3060 or email info@bouma.com today!