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Tag Archives: August 2020

Ann Arbor Real Estate Report – August 2020

Sold Homes in Ann Arbor Remain Stable

Ann Arbor Real Estate Report - Aug 2020

Overall, Ann Arbor homes experienced fairly consistent statistics this August compared to last year’s. There were a total of 129 homes entered into the multiple listings service, a 12.2% decline from the 147 previously. As for the average listing price, it increased 10.3% from $453,907 to $500,484 this past month. 113 properties were sold in August, and this is a minimal decrease from the 114 before. The average days on the market was 28, which is less than a month’s time, and the previous August’s 30 average DOM – down 6.7%.

Since the start of the year, 1013 homes have been listed for sale and this is a 13.6% decline from the 1173 homes at this time last year. The ALP is $505,357 cumulatively, compared the August prior of $494,486 – a slight increase. The inventory of sold homes has declined 12.2%, 743 homes versus 652 so far this year. Thus far, the ASP for homes in 2020 is $454,112, a small rise from $449,731 previously.

The Realtors with The Bouma Group understand the Ann Arbor housing market well, and are here to help with all of your questions. Contact us at (734)761-3060 or email info@bouma.com to learn more! Search for your next potential home here!

Silverleaf Estates, Ann Arbor Real Estate Update

Silverleaf Estates Real Estate Report – August 2020

Silverleaf Estates, Ann Arbor MI

The homes of Silverleaf Estates offer premium features and a range of layouts – all in an affordable price range. Although the children of this Ann Arbor subdivision attend its schools, the mailing address is part of Ypsilanti. Currently, 1 home is listed for sale and so far this year, 8 have sold.

Home for Sale:

  • $349,900. 4025 Persimmon Drive, Ypsilanti. 2319 square feet with 4 bedrooms and 2.1 baths.

Homes Sold in 2020:

  • $460,000. 4480 Cherry Blossom Drive, Ypsilanti. 3189 sq. ft., + 1416 in the finished lower level; 5 bedrooms and 4.0 baths.
  • $450,000. 4196 Chandi Court, Ypsilanti. 2824 sq. ft., + 792 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $424,900. 4272 Cherry Blossom Drive, Ypsilanti. 3012 square feet with 5 bedrooms and 4.0 baths.
  • $399,900. 4247 Chandi Court, Ypsilanti. 2878 square feet with 4 bedrooms and 2.1 baths.
  • $380,000. 4579 Cherry Blossom Drive, Ypsilanti. 2818 square feet with 4 bedrooms and 2.1 baths.
  • $345,000. 4207 Chandi Court, Ypsilanti. 2143 sq. ft., + 800 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $335,000. 4158 Persimmon Drive, Ypsilanti. 1960 sq. ft., + 600 in the finished lower level; 3 bedrooms and 2.2 baths.
  • $320,000. 4267 Silverleaf Drive, Ypsilanti. 2331 sq. ft., + 1100 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Silverleaf Estates, 8 homes sold with an average sale price of $359,625 and an average price per square foot of $145.90. The 8 homes that have sold so far have an ASP of $389,350, up 8.3%, and an A$/SF of $148.46, up slightly. If you are curious about the housing market at Silverleaf Estates, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ypsilanti homes here!

Oakbrook, Ann Arbor Condo Report

Oakbrook Condo Report – August 2020

Oakbrook, Ann Arbor MI

Although the neutral tones of these Ann Arbor condos appear unassuming, Oakbrook has a multitude of amazing qualities. Not only is there a pool, tennis and basketball courts; but the location is also prime. Currently, 1 condo is for sale and so far this year, 1 has sold.

Condo for Sale:

  • $320,000. 459 Sumark Way, Ann Arbor. 1935 sq. ft., + 1300 in the finished lower level; 2 bedrooms and 3.1 baths.

Condo Sold in 2020:

  • $325,000. 531 Galen Circle, Ann Arbor. 1481 square feet with 2 bedrooms and 2.0 baths.

There were no sales at Oakbrook last year; however, in 2018, 1 condo sold with a sale price of $395,000 and a price per square foot of $266.89. The 1 condo that has sold this year has a SP of $325,000, down 17.7% from 2018, and a $/SF of $219.45, also down 17.7%. To learn more about the condos at Oakbrook, contact the experts with The Bouma Group at (734)761-3060 or email info@condohotline.com. Read more about Ann Arbor condos here!

Brookside Commons, Ann Arbor Condo Report

Brookside Commons Condo Report – August 2020

Brookside Commons, Ann Arbor MI

Brookside Commons is a nice Ann Arbor complex that includes a cabana and outdoor pool. As well, many of the condos back to beautiful natural areas. Currently, 2 condos are listed for sale and so far this year, 1 has sold.

Condos for Sale:

  • $392,000. 174 Kingsbrook Avenue, Ann Arbor. 1298 sq. ft., + 1038 in the finished lower level; 4 bedrooms and 3.0 baths. Sale Pending
  • $365,000. 165 Kingsbrook Avenue, Ann Arbor. 1298 sq. ft., + 1100 in the finished lower level; 3 bedrooms and 3.0 baths. Sale Pending

Condo Sold in 2020:

  • $340,000. 166 Kingsbrook Avenue, Ann Arbor. 1822 sq. ft., + 875 in the finished lower level; 3 bedrooms and 3.1 baths.

Last year at Brookside Commons, 4 condos sold with an average sale price of $333,125 and an average price per square foot of $204.41. The 1 condo that sold so far has a sale price of $340,000, up minimally, and a price per square foot of $186.61, down 8.7%. If you are thinking of listing or buying a condo at Brookside Commons, contact the condo specialists with The Bouma Group at (734)761-3060 or email info@condohotline.com. Read more about Ann Arbor condos here!

Pines of Lake Forest, Ann Arbor Real Estate Report

Pines of Lake Forest Real Estate Report – August 2020

Pines of Lake Forest Ann Arbor, MI

This distinguished Ann Arbor neighborhood has been recently completed and includes spacious homes. Pines of Lake Forest is also located near a couple of golf courses, making it easy for residents to take a swing whenever they please. Currently, 2 homes are listed for sale and so far this year, 1 has sold. The Bouma Group listed the sold home.

Homes for Sale:

  • $869,900. 3991 Calgary Court, Ann Arbor. 4074 sq. ft., + 2252 in the finished lower level; 6 bedrooms and 4.1 baths.
  • $799,900. 4307 Clearview Lane, Ann Arbor. 3531 square feet with 4 bedrooms and 3.1 baths.

Homes Sold in 2020:

  • $970,000. 2479 Woodview Lane, Ann Arbor. 5077 sq. ft., + 2800 in the finished lower level; 5 bedrooms and 5.1 baths. Listed by The Bouma Group

Last year at Pines of Lake Forest, 2 homes sold with an average sale price of $827,500 and an average price per square foot of $205.88. The 1 home that sold this year has a sale price of $970,000, up 17.2%, and a price per square foot of $191.06, down 7.2%. For more information about the homes at Pines of Lake Forest, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Wildwood Park, Ann Arbor Real Estate Report

Wildwood Park Real Estate Report – August 2020

Wildwood Park, Ann Arbor MI

This lovely Ann Arbor neighborhood has the cutest homes that exude character with arched doorways, crown molding, wood fireplaces, and more. Moreover, the curb appeal of Wildwood Park is nicely complimented by tree lined streets. Currently, 1 home is listed for sale and so far this year, 6 have sold.

Home for Sale:

  • $649,000. 315 North Revena Boulevard, Ann Arbor. 2124 sq. ft., + 200 in the finished lower level; 4 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2020:

  • $852,775. 1400 Linwood Avenue, Ann Arbor. 2452 sq. ft., + 700 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $700,000. 1500 Hartbrooke Avenue, Ann Arbor. 2440 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 3.0 baths.
  • $699,000. 1206 Harbrooke Avenue, Ann Arbor. 2248 square feet with 4 bedrooms and 2.1 baths.
  • $625,000. 1505 Linwood Avenue, Ann Arbor. 1612 square feet with 3 bedrooms and 2.0 baths.
  • $368,000. 226 Wildwood Avenue, Ann Arbor. 1240 square feet with 3 bedrooms and 1.0 bath.
  • $210,000. 106 North Reven Boulevard, Ann Arbor. 1080 square feet with 3 bedrooms and 2.0 baths.

Last year at Wildwood Park, 6 homes sold with an average sale price of $476,350 and an average price per square foot of $293.96. The 6 homes that sold this year have an ASP of $575,796, up a considerable 20.9%, and an A$/SF of $304.09, up 3.4%. To learn more about home values at Wildwood Park, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Heritage Ridge, Ann Arbor Condo Report

Heritage Ridge Condo Report – August 2020

Heritage Ridge, Ann Arbor MI

With only 15 units, this is an intimate Ann Arbor condominium. Each condo at Heritage Ridge has a basement and attached garage. Currently, 1 condo is for sale and so far this year, 1 has sold. The Bouma Group is the representing the listed condo.

Condo for Sale:

Condo Sold in 2020:

  • $440,000. 558 Heritage Drive, Ann Arbor. 2506 sq. ft., + 676 in the finished lower level; 3 bedrooms and 2.1 baths.

As Heritage Ridge is a small community, the most recent sale before this year was in 2015 in which 1 condo sold with a sale price of $427,500 and a price per square foot of $261.63. The 1 condo that has sold so far in 2020 has a sale price of $440,00, up 2.9%, and a price per square foot of $175.58, down 32.9%. For more information about the condos at Heritage Ridge, contact the condo experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!

Meadowinds, Ann Arbor Real Estate Report

Meadowinds Real Estate Report – August 2020

Meadowinds offers tennis and volleyball courts, as well as a sports field and private park. All of the homes in this Ann Arbor subdivision have fireplaces, hardwood floors and attached garages. Currently, no homes are listed for sale and so far this year, 3 have sold.

Homes Sold in 2020:

  • $501,000. 1761 Harley Drive, Ann Arbor. 2656 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $482,000. 1956 Harley Court, Ann Arbor. 2167 sq. ft., + 1186 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $403,500. 1860 Harley Drive, Ann Arbor. 2412 square feet with 4 bedrooms and 2.1 baths.

Last year at Meadowinds, 5 homes sold with an average sale price of $424,500 and an average price per square foot of $165.52. The 3 homes that sold this year have an ASP of $462,167, up 8.9%, and an A$/SF of $192.78, up 16.5%. If you are considering listing or buying a home at Meadowinds, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Barclay Park, Ann Arbor Condo Report

Barclay Park Condo Report – August 2020

Barclay Park, Ann Arbor MI

This appealing Ann Arbor complex has brownstone condos and year-round landscaping. What’s more is the amenities both at and close by to Barclay Park, such as a clubhouse, a variety of courts and nature areas. Currently, 12 condos are listed for sale and so far this year, 11 have sold. The Bouma Group has been involved with 2 of the condos.

Condos for Sale:

  • $344,900. 2813 Barclay Way, Ann Arbor. 2008 sq. ft., + 500 in the finished lower level; 3 bedrooms and 2.2 baths.
  • $335,000. 2986 Barclay Way, Ann Arbor. 2008 sq. ft., + 438 in the finished lower level; 3 bedrooms and 2.2 baths. Sale Pending
  • $305,000. 2859 Barclay Way, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths.
  • $299,900. 3068 Barclay Way, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths. Sale Pending
  • $299,800. 2843 Barclay Way, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths.
  • $295,000. 2732 Barclay Way, Ann Arbor. 1623 square feet with 2 bedrooms and 2.1 baths.
  • $289,900. 2788 Barclay Way, Ann Arbor. 1623 sq. ft., + 114 in the finished lower level; 2 bedrooms and 2.1 baths. Sale Pending
  • $274,900. 2826 Barclay Way, Ann Arbor. 1300 square feet with 2 bedrooms and 2.1 baths. Listed by The Bouma Group

For a complete list of Condos for Sale at Barclay Park, contact us at (734)761-3060

Riverwood, Ann Arbor Real Estate Update

Riverwood Real Estate Report – August 2020

Riverwood, Ann Arbor MI

Although the exterior of Riverwood homes look traditional, inside are high ceilings and grand entrances. This Ann Arbor neighborhood is also surrounded by natural forest with common areas and walking trails. Currently, 2 homes are listed for sale and so far this year, 3 have sold.

Homes for Sale:

  • $529,000. 1780 Riverwood Drive, Ann Arbor. 2760 sq. ft., + 1300 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $465,000. 1915 Timber Trail, Ann Arbor. 2645 sq. ft., + 1252 in the finished lower level; 5 bedrooms and 3.1 baths.

Homes Sold in 2020:

  • $569,900. 2100 Springwood, Ann Arbor. 2758 sq. ft., + 1009 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $549,000. 1515 Riverwood Drive, Ann Arbor. 2693 square feet with 4 bedrooms and 2.1 baths.
  • $445,000. 1835 Timber Trail, Ann Arbor. 2412 sq. ft., + 600 in the finished lower level; 4 bedrooms and 2.2 baths.

Last year at Riverwood, 2 homes sold with an average sale price of $551,500 and an average price per square foot of $194.94. The 3 homes that sold this year have an ASP of $521,300, down 5.5%, and an A$/SF of $198.33, down minimally. To learn more about the housing market at Riverwood, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!