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Tag Archives: December 2020

Ann Arbor Real Estate Report – December 2020

Inventory is Moving in Ann Arbor

With a new year, let’s look back at listings and sales for Ann Arbor homes. In the month of December, there was a total of 61 properties entered into the multiple listings service, a 35.6% increase from last December’s 45 homes. The average listing price for these homes was $530,634 versus the $464,105 previously – a 14.3% rise. Luckily for sellers, there was a 12.6% increase of sold homes, from 95 to 107 recently. As for the average sale price it’s $475,435, which is a 9.3% increase compared to the ASP of $435,454 the year before. On average, homes were on the market for just over a month at 34 days – a considerable 40.4% decrease from 2019.

Now we can examine the statistics for the entire year. 1720 homes were listed this year, which is only a 3.5% decline from the 1783 last year. The average listing price was 4.5% higher from $495,019 before to $517,533 now. In total, 1195 homes were sold in 2020 compared to the 1268 previously, a 5.8% decrease. Cumulatively, the average sale price for these homes increased 3.8% at $473,959, versus the $456,584 before.

For any and all of your Ann Arbor housing needs, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor homes here!

Lake Forest Highlands Subdivision Ann Arbor, Real Estate Report

Lake Forest Highlands Real Estate Report – December 2020

At this Ann Arbor neighborhood home owners enjoy a pastoral setting that is natural yet well maintained. Another great feature of Lake Forest Highlands is its location close to both Ann Arbor and Saline. Currently, 1 home is listed for sale and so far this year, 4 have been sold.

Home for Sale:

  • $475,000. 2183 Vail Court, Ann Arbor. 2046 sq. ft., + 800 in the finished lower level; 3 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2020:

  • $525,000. 3645 Highlander Way East, Ann Arbor. 2218 sq. ft., + 900 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $500,000. 3867 Steamboat Court, Ann Arbor. 2763 sq. ft., + 1180 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $465,000. 2244 Sun Valley Drive, Ann Arbor. 2009 square feet with 3 bedrooms and 2.1 baths.
  • $400,000. 2126 Vail Court, Ann Arbor. 1884 sq. ft., + 700 in the finished lower level; 4 bedrooms and 3.1 baths.

Last year at Lake Forest Highlands, 2 homes sold with an average sale price of $464,750 and an average price per square foot of $211.45. The 4 homes sold this year have an ASP of $472,500, up slightly, and an A$/SF of $215.36, also up slightly. To learn more about home values at Lake Forest Highlands, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Churchill Downs, Ann Arbor Real Estate Update

Churchill Downs Real Estate Report – December 2020

Churchill Downs is a well known neighborhood consisting of traditional style homes. Nearby are parks and sports complexes, and within this Ann Arbor subdivision is an open natural area. Currently, 2 homes are listed for sale and so far this year, 6 have been sold.

Homes for Sale:

  • $379,900. 2250 Steeplechase Drive, Ann Arbor. 1859 sq. ft., + 900 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $340,000. 2015 Wiltshire Court, Ann Arbor. 1296 sq. ft., + 700 in the finished lower level; 3 bedrooms and 1.1 baths. Sale Pending

Homes Sold in 2020:

  • $465,000. 2045 Churchill Drive, Ann Arbor. 1885 square feet with 4 bedrooms and 2.1 baths.
  • $410,000. 2150 Blaney Drive, Ann Arbor. 2111 square feet with 4 bedrooms and 2.1 baths.
  • $387,500. 2160 Churchill Drive, Ann Arbor. 1684 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $386,000. 2110 Steeplechase Drive, Ann Arbor. 1684 sq. ft., + 500 in the finished lower level; 3 bedrooms and 1.1 baths.
  • $376,000. 2005 Rugby Court, Ann Arbor. 1684 sq. ft., + 350 in the finished lower level; 3 bedrooms and 1.1 baths.
  • $360,000. 2240 Steeplechase Drive, Ann Arbor. 1728 sq. ft., + 216 in the finished lower level; 3 bedrooms and 1.1 baths.

Last year at Churchill Downs, 4 homes sold with an average sale price of $355,125 and an average price per square foot of $220.85. The 6 homes sold so far have an ASP of $397,417, up 11.9%, and an A$/SF of $221.94, up slightly. If you are curious about the housing market at Churchill Downs, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Riding Oaks Estates, Ann Arbor Real Estate Update

Riding Oaks Estates Real Estate Report – December 2020

There are 8 different regal home styles to choose from at Riding Oaks Estates. Within the homes of this Ann Arbor neighborhood are luxurious features like high ceilings with crown moldings, fireplaces, granite countertops, and more. Currently, no homes are listed for sale and so far this year, 3 have been sold.

Homes Sold in 2020:

  • $1,440,000. 1750 Tapadera Drive, Ann Arbor. 5113 sq. ft., + 2000 in the finished lower level; 6 bedrooms and 5.2 baths.
  • $875,000. 1740 Tapadera Drive, Ann Arbor. 4235 sq. ft., + 2000 in the finished lower level; 6 bedrooms and 5.0 baths.
  • $825,000. 2210 Kimberwicke Court, Ann Arbor. 4145 square feet with 4 bedrooms and 3.1 baths.

Last year at Riding Oaks Estates, 4 homes sold with an average sale price of $895,625 and an average price per square foot of $201.61. The 3 homes sold this year have an ASP of $1,046,667, up 16.9%, and an A$/SF of $229.09, up 13.6%. To learn more about home values at Riding Oaks Estates, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Hickory Pointe, Ann Arbor Real Estate Update

Hickory Pointe Real Estate Report – December 2020

This large Ann Arbor subdivision has more than 250 homes. At the center of Hickory Pointe is an expansive clubhouse with a pool. Currently, 3 homes are listed for sale and so far this year, 8 have been sold. The Bouma Group was involved in one of the sold properties.

Homes for Sale:

  • $399,900. 5261 Buckley Drive, Ann Arbor. 2288 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • $307,900. 5143 Blue Spruce Drive, Ann Arbor. 2016 square feet with 3 bedrooms and 2.1 baths. Sale Pending
  • $299,000. 5171 Blue Spruce Drive, Ann Arbor. 2208 sq. ft., + 1100 in the finished lower level; 4 bedrooms and 3.0 baths. Sale Pending

Balmoral Park, Ann Arbor Condo Report

Balmoral Park Condo Report – December 2020

Balmoral Park has prestigious condos with brick exteriors and elegant landscaping. Owners at this Ann Arbor condominium enjoy large living areas with high ceilings and space for storage. Currently, 1 condo is listed for sale and so far this year, 2 have sold.

Condo for Sale:

  • $309,000. 117 West Oakbrook Drive, Ann Arbor. 1500 sq. ft., + 500 in the lower level; 2 bedrooms and 2.1 baths.

Condos Sold in 2020:

  • $315,000. 228 West Oakbrook Drive, Ann Arbor. 1250 sq. ft., + 180 in the finished lower level; 2 bedrooms and 2.1 baths.
  • $285,000. 210 West Oakbrook Drive, Ann Arbor. 1768 square feet with 3 bedrooms and 3.0 baths.

Last year at Balmoral Park, 2 condos sold with an average sale price of $332,650 and an average price per square foot of $198.78. The 2 condos sold this year have an ASP of $300,000, down 9.8%, and an A$/SF of $206.60, up 3.9%. For more information about condos at Balmoral Park, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!

Garden Homes Park Subdivision, Ann Arbor Real Estate Report

Garden Homes Park Real Estate Report – December 2020

Just as it sounds, this Ann Arbor neighborhood is picturesque with charming homes and a park in the center. Garden Homes Park also has schools of all divisions within walking distance. Currently, 2 homes are listed for sale and so far this year, 7 have sold. The Bouma Group was the listing agent for one of the sold properties.

Homes for Sale:

  • $364,888. 1500 West Franklin Street, Ann Arbor. 936 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.0 baths. Sale Pending
  • $299,900. 1719 Calvin Street, Ann Arbor. 913 square feet with 2 bedrooms and 2.0 baths.

Homes Sold in 2020:

  • $490,000. 2248 Foss Street, Ann Arbor. 1970 square feet with 3 bedrooms and 2.1 baths.
  • $425,000. 1720 Enclave Lane, Ann Arbor. 2164 square feet with 4 bedrooms and 2.1 baths.
  • $399,000. 1724 Enclave Lane, Ann Arbor. 2178 sq. ft., + 896 in the finished lower level; 5 bedrooms and 3.1 baths.
  • $355,000. 2120 Garden Homes Court, Ann Arbor. 1152 sq. ft., + 900 in the finished lower level; 4 bedrooms and 1.1 baths.
  • $320,000. 2260 Garden Homes Drive, Ann Arbor. 1716 square feet with 3 bedrooms and 2.0 baths.
  • $252,000. 1882 Fulmer Street, Ann Arbor. 1750 square feet with 3 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $250,000. 1616 Fulmer Street, Ann Arbor. 1232 square feet with 3 bedrooms and 1.1 baths.

Last year at Garden Homes Park, 10 homes sold with an average sale price of $313,890 and an average price per square foot of $240.10. The 7 homes sold so far this year have an ASP of $355, 857, up 13.4%, and an A$/SF of $210.22, down 12.4%. To learn more about home values at Garden Homes Parks, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Wellesley Gardens, Ann Arbor Condo Report

Wellesley Gardens Condo Report – December 2020

Look no further than Wellesley Gardens for stately, brick condominiums. Units at this Ann Arbor complex have gourmet kitchens inclusive of high end appliances and handcrafted cabinets. Currently, no condos are listed for sale and so far this year, 27 have sold. The Bouma Group was the involved in one of the sales.

Condos Sold in 2020:

  • $235,000. 5677 Hampshire Lane, Ann Arbor. 1414 sq. ft., + 793 in the finished lower level; 2 bedrooms and 2.1 baths.
  • $230,000. 5559 Hampshire Lane, Ann Arbor. 1487 square feet with 2 bedrooms and 2.1 baths.
  • $229,000. 3362 Endsleigh Lane, Ann Arbor. 1487 square feet with 2 bedrooms and 2.1 baths.
  • $227,000. 3398 Endsleigh Lane, Ann Arbor. 1395 square feet with 2 bedrooms and 2.0 baths.
  • $227,000. 5782 Hampshire Lane, Ann Arbor. 1487 square feet with 2 bedrooms and 2.1. Sold by The Bouma Group
  • $220,000. 5705 Hampshire Lane, Ann Arbor. 1341 square feet with 2 bedrooms and 2.0 baths.
  • $220,000. 5690 Hampshire Lane, Ann Arbor. 1487 square feet with 2 bedrooms and 2.1 baths.
  • $219,500. 5727 Hampshire Lane, Ann Arbor. 1487 square feet with 2 bedrooms and 2.1 baths.

For a complete list of Sold Homes at Wellesley Gardens, contact us at (734)761-3060

Last year at Wellesley Gardens, 21 condos sold with an average sale price of $215,214 and an average price per square foot of $153.45. The 27 condos sold this year have an ASP of $218,441, up slightly, and an A$/SF of $157.66, also slightly up. If you are curious about the condo market at Wellesley Gardens, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!

Brentwood Square, Ann Arbor Condo Report

Brentwood Square Condo Report – December 2020

Brentwood Square a lovely place to reside with views of pond and fountain, and amenities located within walking distance. The units at this Ann Arbor complex are two stories tall and have an open concept. Currently, no condos are listed for sale and so far this year, 8 have sold. The Bouma Group was the listing agent for one of the condos.

Condos Sold in 2020:

  • $280,000. 1903 Lindsay Lane, Ann Arbor. 1563 square feet with 2 bedrooms and 2.0 baths.
  • $275,000. 1926 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $273,000. 1942 Lindsay Lane, Ann Arbor. 1556 square feet with 2 bedrooms and 2.0 baths. Listed by The Bouma Group
  • $268,000. 1860 Lindsay Lane, Ann Arbor. 1563 square feet with 2 bedrooms and 2.0 baths.
  • $256,000. 1932 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $250,000. 1892 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $223,000. 1912 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $210,000. 1922 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.

Last year at Brentwood Square, 5 condos sold with an average sale price of $237,600 and an average price per square of $218.08. The 6 condos sold this year have an ASP of $256,167, up 7.8%, and an A$/SF of $185.63, down 14.9%. If you would like to know more about the condo market at Brentwood Square, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!

The Glade, Ann Arbor Real Estate Report

The Glade Real Estate Report – December 2020

As one of Ann Arbor’s hidden gems, homes at The Glade are nestled among foliage on large lots. As well, this peaceful subdivision is only a walk away from parks and rivers. Currently, no homes are listed for sale and so far this year, 1 has sold.

Home Sold in 2020:

  • $560,000. 4462 Sherwood Forest Court, Ann Arbor. 2408 square feet with 3 bedrooms and 2.1 baths.

Last year at The Glade, 5 homes sold with an average sale price of $704,400 and an average price per square foot of $229.47. The 1 home sold this year has a SP of $560,000, down a considerable 20.5%, and a $/SF of $232.56, up slightly. To learn more about home values at The Glade, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!