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Ridgewood, Ann Arbor Condo Report for 2020

Ridgewood Year End Market Report – 2020

In 2020, Ridgewood sold a total of 3 condos. Considering that this is a more intimate complex with only 23 units, and that only 1 condo sold before, this demonstrates more activity this recent year. All of the condos were sold $5k-$10k below the listing price.

Condos Sold in 2020:

  • $435,000. 656 Ridgewood Court, Ann Arbor. 1780 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $420,000. 601 Ridgewood Court, Ann Arbor. 1877 square feet with 2 bedrooms and 2.1 baths.
  • $380,000. 617 Ridgewood Court, Ann Arbor. 1555 sq. ft., + 649 in the finished lower level; 3 bedrooms and 2.2 baths.

Currently, the average sale price of condos at Ridgewood is $411,667, which is a 20.1% decrease from the sale price of $515,000 in 2019. The average price per square foot is $237.51, which is a considerate 26.8% decline from the price per square foot of $324.51. To learn more about condo values at Ridgewood, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

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