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Tag Archives: august 2021

Ann Arbor Real Estate Report – August 2021

Monthly Sold Inventory Declines

The month of August experienced less drastic change in its metrics. A total of 156 listings were added to the Ann Arbor housing market, only a 3.3% increase from the previous August. Properties sat on the market for an average of 17 days, which was a considerable 45.2% drop from the 31 days in August 2020. There was an 18.4% decline in the amount of sold homes, from 141 to 115 recently. The average sale price increased by 5.9% though, $476,076 versus $504,283.

Since the start of the year, 1,288 homes have been entered into the multiple listings service, and this was a 4.4% change from the 1,234 from this time last year. 915 homes have been sold thus far in comparison to the 765 earlier – a 19.6% increase. Cumulatively, the ASP rose 14.1% to $526,753 versus the $461,649 before.

To learn more about Ann Arbor homes, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View our active listings here!

2475 Devonshire Rd., Ann Arbor, MI 48104. Large, Upscale Home with all luxurious features SOLD!

2475 Devonshire Road, Ann Arbor, MI 48104.

SOLD! Everything about this 3,000+ square foot home is amazing, from its sunroom to the fully finished basement with a kitchenette and theatre. There is also a charming carriage house outback for whatever hobbies you may have. Features include:

  • 3,266 sq. ft. plus 500 in the completed basement
  • 4 bedrooms and 4.1 baths
  • gorgeous kitchen with granite countertops and stainless steel appliances
  • home office with windows and built-in shelving
  • cozy up in the sunroom with a book
  • brick exterior with a wrap around porch
  • host viewing parties with the private screening room downstairs
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $1,450,000

To schedule a private showing or learn more about 2475 Devonshire Road, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!

Hometown Village of Ann Arbor Real Estate Report

Hometown Village of Ann Arbor Market Update – August 2021

A desired Ann Arbor neighborhood consists of complimentary homes in a lovely setting. The homeowners association of Hometown Village of Ann Arbor ensures that the subdivision remains picturesque with its white picket fences and flower boxes. There are no active listings and so far this year, 5 homes have sold.

Homes Sold in 2021:

  • $480,000. 1349 Timmins Drive, Ann Arbor. 2255 sq. ft., + 1019 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $467,500. 1561 Chapleau Drive, Ann Arbor. 1990 sq. ft., + 700 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $450,000. 1273 Timmins Drive, Ann Arbor. 1842 sq. ft., + 800 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $446,000. 1484 Chapleau Drive, Ann Arbor. 2730 square feet with 3 bedrooms and 2.1 baths.
  • $390,000. 1479 Chapleau Drive, Ann Arbor. 2091 square feet with 3 bedrooms and 2.1 baths.

Last year at Hometown Village of Ann Arbor, 8 homes sold with an average sale price of $393,300 and an average price per square foot of $203.45. The 5 homes sold thus far in 2021 have an ASP of $446,700, up 13.6%, and an A$/SF of 208.39, up slightly. For more information about the houses at Hometown Village of Ann Arbor, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor properties here!

Balmoral Park, Ann Arbor Condo Report

Balmoral Park Market Update – August 2021

Luxurious features abound at the units at Balmoral Park, there are private porches with natural views, upscale kitchens, and cathedral ceilings. This Ann Arbor condo is also in a prime location near shopping areas, the football stadium, and more. Currently, there are 2 active listings and so far this year, 2 condos have sold; The Bouma Group was the listing agent for one of the sold listings.

Condos for Sale:

  • $315,500. 123 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 400 in the finished lower level; 2 bedrooms and 3.0 baths. Sale Pending
  • $305,000. 226 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 112 in the finished lower level; 2 bedrooms and 2.0 baths. Sale Pending

Condos Sold in 2021:

  • $311,000. 243 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 204 in the finished lower level; 2 bedrooms and 2.0 baths.
  • $310,500. 114 West Oakbrook Drive, Ann Arbor. 1470 sq. ft., + 120 in the finished lower level; 2 bedrooms and 2.0 baths. Listed by The Bouma Group

Last year at Balmoral Park, 2 condos sold with an average sale price of $300,000 and an average price per square foot of $206.60. The 2 condos sold thus far in 2021 have an ASP of $310,750, up 3.6%, and an A$/SF of $211.39, up slightly. If you are curious about Balmoral Park, then contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

1010 S. Forest Ave., Ann Arbor, MI 48104. Light-filled home with 7 whole rooms SOLD!

1010 South Forest Avenue, Ann Arbor, MI 48104.

SOLD! This delightful Ann Arbor home includes a total of 7 rooms and is located close to the UofM campus, making it the perfect rental property. It has been well-maintained overtime and also has some recent updates. Features include:

  • 2,600 sq. ft., plus 600 in the fully finished lower level
  • 7 bedrooms and 3.1 baths
  • 2 washers and 2 dryers
  • light pours onto the hardwood floor through the many windows
  • parking abounds with a detached garage plus 7 parking spaces
  • find some R&R in the downstairs sauna
  • separate 3rd floor studio apartment complete with its own kitchenette and bathroom
  • new roof, electrical system, and boiler
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $979,900

To schedule a private showing or learn more about 1010 S. Forest Ave., contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com.

4785 N. Ashford Way, Ypsilanti, MI 48197. Beautiful, well-maintained ranch home with main floor bedroom and ensuite SOLD!

4785 North Ashford Way, Ypsilanti, MI 48197.

SOLD! This bright ranch home has high vaulted ceilings, and light, neutral walls. Features include:

  • 1,671 sq. ft., plus 1000 in the fully finished lower level
  • 3 bedrooms and 3.0 baths
  • enjoy a main floor master bedroom with an ensuite
  • wood burning fireplace to stay warm during the colder seasons
  • wet bar in the basement is great for entertaining
  • endless storage possibilities in the lower level
  • step off the freshly painted deck to a tranquil nature area
  • More photos and features
  • Listed for $350,000

4785 N. Ashford Way has an open house tomorrow, Saturday, August 15th from 2pm-4pm! Pop in to view the layout and features in person; or you can schedule a private showing here. For any of your questions, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!