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Tag Archives: july 2021

Ann Arbor Real Estate Report – July 2021

The Average Days on the Market Drop to 12 for Ann Arbor Homes

The Ann Arbor housing market seems to be continuing on a similar trajectory. There was a 25.3% increase in active listings from 162 last June to 203 homes recently. Sellers will be happy to know that the average days on the market declined to only 12 days, a 65.7% difference. As well, the average sale price rose from 12.8%, $472,763 versus $533,139 in June 2021. Sales declined slightly to 146 this past month.

Year-to-date statistics also remained pretty consistent. A total of 1,134 homes have been entered into the multiple listings service thus far, which is a 4.7% increase from the 1,083 last year at this time. Closed sales have seen an even larger increase from 624 to 796 homes, a 27.6% rise. Cumulatively, the ASP is $530,165, which is a 15.7% increase in comparison to the ASP of $458,389 before.

For more information about the Ann Arbor housing market, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse our active listings here!

Liberty Lofts, Ann Arbor Condo Report

Liberty Lofts Market Report – July 2021

For trendy and chic living, look no further than Liberty Lofts. This industrious Ann Arbor apartment building has character and many luxurious features. There are 4 active listings and so far this year, 3 condos have sold.

Condos for Sale:

  • $675,000. Unit #508, 315 2nd Street, Ann Arbor. 1253 square feet with 1 bedroom and 1.1 baths. Sale Pending
  • $525,000. Unit #503, 315 2nd Street, Ann Arbor. 1054 square feet with 1 bedroom and 1.1 baths.
  • $499,000. Unit #402, 315 2nd Street, Ann Arbor. 889 square feet with 1 bedroom and 1.1 baths.
  • $445,000. Unit #413, 315 2nd Street, Ann Arbor. 1022 square feet with 1 bedroom and 1.0 bath.

Condo Sold in 2021:

  • $675,000. Unit #409, 315 2nd Street, Ann Arbor. 1495 square feet with 2 bedrooms and 2.0 baths.
  • $464,000. Unit #213, 315 2nd Street, Ann Arbor. 1022 square feet with 1 bedroom and 1.0 bath.
  • $440,000. Unit #504, 315 2nd Street, Ann Arbor. 692 square feet with 1 bedroom and 1.0 baths.

Last year at Liberty Lofts, 3 condos sold with an average sale price of $488,000 and an average price per square foot of $466.67. The 3 condos sold thus far in 2021 have an ASP of $526,333, up 7.9%, and an A$/SF of $513.78, up 10.1%. If you are curious about the condos at Liberty Lofts, then contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor properties here!

Riding Oaks Estates, Ann Arbor Neighborhood Report

Riding Oaks Estates Market Update – July 2021

This Ann Arbor subdivision boasts gorgeous, spacious homes on big lots. Inside the homes of Riding Oaks Estates are upgrades such as high ceilings with crown molding, fireplaces, and more. There is currently 1 active listing and so far this year, no homes have sold.

Home for Sale:

  • $1,300,000. 1740 Tapadera Drive, Ann Arbor. 4235 sq. ft., + 2000 in the finished lower level; 6 bedrooms and 5.0 baths.

Last year at Riding Oaks Estates, 3 homes sold with an average sale price of $1,046,667 and an average price per square foot of $229.09. If the current listing sells at its asking price of $1,300,000, there would be a 24.2% rise, and it’s price per square foot of $306.97 would show a 34% increase. For more information about home values at Riding Oaks Estates, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor homes here!

2865 Maplewood Avenue, Ann Arbor, MI 48104. A simply charming home with thoughtful features SOLD!

2865 Maplewood Avenue, Ann Arbor, MI 48104

Sold! An absolutely adorable home has just been added to the market in Ann Arbor. It is well-maintained with hardwood floors, pocket doors, and a large backyard. Features include:

  • 1,008 square feet
  • 3 bedrooms and 2.0 baths
  • Hardwood floors throughout
  • Ample shelving and cabinets for storage
  • Newly updated utility lines
  • Custom tiling in the bathroom
  • Amazing, large, and lush backyard
  • More photos and features
  • Listed for $300,000

To schedule a private showing or gain more information about 2865 Maplewood Avenue, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!

Fox Pointe Condos, Ann Arbor Report

Fox Pointe Market Update – July 2021

Condos at Fox Pointe each have their own entrance and porches. This Ann Arbor condominium is also located close to many convivences. There are no active listings and so far this year, 5 condos have sold.

Condos Sold in 2021:

  • $237,000. 1432 Fox Pointe Circle, Ann Arbor. 1409 square feet with 2 bedrooms and 2.0 baths.
  • $236,000. 1410 Fox Pointe Circle, Ann Arbor. 1409 square feet with 2 bedrooms and 2.0 baths.
  • $228,000. 1362 Fox Pointe Circle, Ann Arbor. 1409 square feet with 2 bedrooms and 2.0 baths.
  • $225,000. 1406 Fox Pointe Circle, Ann Arbor. 1409 square feet with 2 bedrooms and 2.0 baths.
  • $220,000. 1448 Fox Pointe Circle, Ann Arbor. 1409 square feet with 2 bedrooms and 2.0 baths.

Last year at Fox Pointe, 8 condos sold with an average sale price of $243,863 and an average price per square foot of $173.49. The 5 condos sold thus far in 2021 have an ASP of $229,200, down 6%, and an A$/SF of $162.67, down 6.2%. If you would like to acquire more information about the condos at Fox Pointe, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!

807 – 108 E Henry Street, Saline, MI 48176. Fresh, hip, and custom condo for sale!

Unit #807, 108 East Henry Street, Saline, MI 48176

Just Listed! At Unit #807, everything is perfectly in place, from the first floor master with its own ensuite to the attached garage and Azek deck. Moreover, this condo was recently constructed meaning that you would be one of the first few residents. Features include:

  • 1863 square feet plus an unfinished basement waiting to be completed with your desired style
  • 3 bedrooms and 2.1 baths
  • Luxurious first floor master has a dual vanity ensuite inclusive of a bath
  • Kitchen opens to the eating area via a raised granite island
  • Neutral grey paint creates a bright atmosphere
  • Attached two-car garage
  • Close to amenities such as shops, breweries, parks, and schools
  • More photos and features
  • Listed for $385,000

To schedule a private showing or learn more about Unit #807, 108 East Henry Street, contact the condo experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!

Fischers Landing, Dexter Neighborhood Report

Fischers Landing Market Update – July 2021

For a serene environment along the river, this Dexter neighborhood is the perfect place to be. Fischers Landing has impressive homes situated on bigger lots. There is 1 active listing and so far this year, no homes have sold.

Home for Sale:

  • $449,000. 7783 Fischers Way, Dexter. 2962 square feet with 3 bedrooms and 2.0 baths.

Last year at Fischers Landing, 1 home sold with a sale price of $544,000 and a price per square foot of $222.22. If the current listing sells at its asking price of $449,000, there would be a 17.5% decline , and its $/SF of $156.88 would demonstrate a significant 29.4% decrease. For more information about the homes at Fischers Landing, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Dexter homes here!

Walnut Ridge, Ann Arbor Neighborhood Report

Walnut Ridge Market Update – July 2021

The properties at Walnut Ridge are nothing short of excellent. With superior craftsmanship, beautiful landscaping, and large homes and lots, this Ann Arbor subdivision is considered to be upscale. There is 1 active listing and so far this year, 1 home has sold.

Home for Sale:

Home Sold in 2021:

  • $993,000. 2214 Gray Fox Court, Ann Arbor. 4273 sq. ft., + 1788 in the finished lower level; 4 bedrooms and 4.1 baths. Listed by The Bouma Group

Last year at Walnut Ridge, 5 homes sold with an average sale price of $1,086,000 and an average price per square foot of $249.78. The 1 home sold thus far in 2021 has a SP of $993,000, down 8.6%, and a $/SF of $232.39, down 7%. If you are curious about home values at Walnut Ridge, then contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor homes here!

3016 Andora Drive, Superior Township, MI 48198. A grand property from top to bottom!

3016 Andora Drive, Superior Township, MI 48198

Recently Listed! Each level of this home was crafted with intentionality. The main floor has a gorgeous foyer and large windows, and is made complete two staircases leading to the upper level. In the basement is an updated space that is perfect for entertaining and hanging out with the family. Features include:

  • 4,637 square feet plus 2100 in the finished lower level
  • 5 bedrooms and 5.1 baths
  • hardwood flooring and big windows
  • recently updated systems and mechanics
  • in-home theatre for movies and shows
  • wonderful storage units for keeping organized
  • clean and green landscaping
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $995,000

To schedule a private showing or learn more about 3016 Andora Drive, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com today!