Ravines Year End Market Report – 2020
In 2020, the Ravines sold a total of 8 homes. There were 2 homes less sold this year compared to the year before. Selling prices were above, below and the same as the listing prices, thus demonstrating negotiation.
Homes Sold in 2020:
- $415,000. 1751 Scio Ridge Road, Ann Arbor. 2248 sq. ft., + 905 in the finished lower level; 5 bedrooms and 3.1 baths.
- $406,335. 1735 Reserve Way, Ann Arbor. 1759 sq. ft., + 650 in the finished lower level; 3 bedrooms and 2.2 baths.
- $405,000. 1663 Reserve Court, Ann Arbor. 2062 sq. ft., + 692 in the finished lower level; 4 bedrooms and 3.1 baths.
- $403,000. 1684 Reserve Court, Ann Arbor. 2053 sq. ft., + 550 in the finished lower level; 3 bedrooms and 3.1 baths.
- $395,000. 1566 Scio Ridge Road, Ann Arbor. 2189 square feet with 4 bedrooms and 2.1 baths.
- $392,507. 1538 Scio Ridge Road, Ann Arbor. 2053 sq. ft., + 800 in the finished lower level; 4 bedrooms and 2.1 baths.
- $384,000. 1748 Scio Ridge Road, Ann Arbor. 2057 sq. ft., + 500 in the finished lower level; 3 bedrooms and 2.1 baths.
- $382,500. 1669 Abigail Way, Ann Arbor. 1682 sq. ft., + 916 in the finished lower level; 3 bedrooms and 2.1 baths.
Currently, the average sale price of homes at the Ravines is $392,918, which is a slight increase compared to the ASP of $382,913 in 2019. The average price per square foot is $196.28, which is a 6.4% rise in comparison to the the A$/SF of $184.52 in 2019. To learn more about the housing market at the Ravines, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!