Sloan Plaza Market Update – May 2021
Sloan Plaza is an impressive building located right in the downtown. This Ann Arbor condominium also includes premium features within like covered parking and a doorperson to greet you. There are 3 active listings and so far this year, no condos have sold.
Condos for Sale:
- $1,325,000. Unit #201, 505 East Huron Street, Ann Arbor. 2095 square feet with 2 bedrooms and 2.0 baths.
- $850,000. Unit #307, 505 East Huron Street, Ann Arbor. 1673 square feet with 2 bedrooms and 2.0 baths.
- $650,000. Unit #504, 505 East Huron Street, Ann Arbor. 1373 square feet with 2 bedrooms and 2.0 baths.
Last year at Sloan Plaza, 2 condos sold with an average sale price of $627,500 and an average price per square foot of $419.60. In comparison to the sales in 2019 there was a 14.2% increase in the ASP from $549,700, and a 12.5% rise in the A$/SF from $372.98. If the 3 current listings sell at their average asking price of $941,667, there would a significant 50.1% increase from 2020, and the A$/SF of $537.98 would demonstrate a 28.2% rise from 2020. For more information about condo values at Sloan Plaza, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor condos here!