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Tag Archives: June 2021

Ann Arbor Real Estate Report – June 2021

The Ann Arbor Housing Market Stays Similar

In comparison to both last June and the year-to-date statistics, the Ann Arbor residential real estate market has remained consistent. There was a slight increase in the amount of new inventory from 204 to 208 this past month. Sold homes rose as well with 148 properties closing – a 9.6% increase from 135 before. The average sale price increased by 21.2%, thus coming to $547,277 versus the the ASP of $451,615 prior. On average, listings sat on the market for 17 days, a 52.8% decline from the previous June.

Overall, the year-to-date numbers did not show much of a change. 931 homes were added into the multiple listings service so far in 2021, which is a minimal increase from the 921 before. The one considerable change was in the sold homes; there was a 36.4% increase from 475 to 648 currently. Cumulatively, the ASP for those homes was $529,542 in comparison to the $453,880 – a 16.7% rise.

The realtors with The Bouma Group are well versed in the Ann Arbor housing market and can provide you with more information at (734)761-3060 or at info@bouma.com. View our active listings here!

1575 Kensington Drive, Ann Arbor, MI 48104

1575 Kensington Drive, Ann Arbor, MI 48104

Sold! With fresh paint and lots of windows, this home is super welcoming. The fenced-in yard and great location make it perfect for people who are busy both out and about, and at home. Features include:

  • 1,128 square feet plus 400 in the finished lower level
  • 3 bedrooms upstairs and 1.1 baths throughout
  • create a good atmosphere with the living room fireplace
  • fenced-in backyard and deck are great for summer barbeques
  • attached garage
  • in-home office located in the finished basement
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $343,000

To schedule a private showing or learn more about 1575 Kensington Drive, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com today!

1625 Gregory Street, Ypsilanti, MI 48197. Stunning natural area and garden right in your backyard SOLD!

1625 Gregory Street, Ypsilanti, MI 48197

SOLD! This inviting home gives off a soft impression with neutral walls and hardwood flooring. Both the kitchen and lower level have been recently updated. And views from the window include a beautiful landscaped yard and garden set against woods. Features include:

  • 1,760 square feet
  • 4 bedrooms upstairs and 2.1 baths throughout
  • newly renovated kitchen inclusive of stainless steel appliances
  • additional spaces for entertaining such as a formal dining room, formal living room, and family room
  • finished basement perfect for hobbies or storage
  • gorgeous backyard with gardens and foliage
  • Virtual 3D tour with floorplans
  • More photos and features
  • Listed for $319,900

To schedule at private showing or learn more about 1625 Gregory Street, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com today!

Arbor Pointe, Ann Arbor Neighborhood Report

Arbor Pointe Market Update – June 2021

Arbor Pointe is a large and popular Ann Arbor subdivision. Many conveniences are easily accessible and within walking distance or not far from the freeway. There is 1 active listing and so far this year, 4 homes have sold.

Home for Sale:

  • $450,000. 5769 Cedar Ridge Drive, Ann Arbor. 2263 square feet with 4 bedrooms and 2.1 baths. Sale Pending

Homes Sold in 2021:

  • $581,000. 275 Cloverleaf Court, Ann Arbor. 2270 sq. ft., + 898 in the finished lower level; 4 bedrooms and 2.2 baths.
  • $485,000. 262 Wild Rose Court, Ann Arbor. 2310 sq. ft., + 700 in the finished lower level; 4 bedrooms and 2.1 baths.
  • $482,000. 5939 Cedar Ridge Drive, Ann Arbor. 2655 sq. ft., + 1000 in the finished lower level; 4 bedrooms and 3.1 baths
  • $470,000. 256 Sandrock Court, Ann Arbor. 2415 sq. ft., + 834 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Arbor Pointe, 6 homes sold with an average sale price of $409,958 and an average price per square foot of $185.30. The 4 homes sold thus far in 2021 have an ASP of $504,500, up a considerable 23.1%, and an A$/SF of $210.52, up 13.6%. To learn more about home values at Arbor Pointe, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor homes here!

Hidden Lake, Dexter Neighborhood Report

Hidden Lake Market Update – June 2021

Surrounded by beautiful, mature trees and situated on large lots, this Dexter subdivision is the perfect place to escape. Moreover, each home at Hidden Lake is uniquely built so that no two look the same. There are no active listings and so far this year, no homes have sold.

With a limited quantity of inventory, there are rarely sales at Hidden Lake. The most recent sale was in 2018 when 1 home sold with a sale price of $319,000 and a price per square foot of $134.71. If you are curious about properties at Hidden Lake or similar neighborhoods, then contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Dexter homes here!

Laurel Gardens Condo, Ann Arbor Report

Laurel Gardens Market Update – June 2021

Residents at Laurel Gardens are able to fully unwind at this Ann Arbor condo. Not only is there lots of open space outside, but there are sports courts and a heated pool. There are no active listings and so far this year, 2 condos have sold.

Condos Sold in 2021:

  • $555,000. 4629 Mulberry Woods Circle, Ann Arbor. 1817 square feet with 3 bedrooms and 2.1 baths.
  • $492,000. 4738 Bayberry Circle, Ann Arbor. 2142 square feet with 2 bedrooms and 2.1 baths.

Last year at Laurel Gardens, 5 condos sold with an average sale price of $452,480 and an average price per square foot of $238.78. The 2 condos sold thus far in 2021 have an ASP of $523,000, up 15.6%, and an A$/SF of $267.57, up 12.1%. For more information about condo values at Laurel Gardens, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Find more Ann Arbor properties here!

Brentwood Square Condo, Ann Arbor Report

Brentwood Square Market Update – June 2021

The landscaping at Brentwood Square compliments the building’s classic and clean curb appeal. This Ann Arbor condo also has a pond that residents can enjoy on their walks or from their decks. There is 1 active listing and so far this year, 8 condos have sold.

Condo for Sale:

  • $299,000. 1854 Lindsay Lane, Ann Arbor. 1495 square feet with 2 bedrooms and 2.0 baths. Sale Pending

Condos Sold in 2021:

  • $290,300. 1858 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $290,000. 1937 Lindsay Lane, Ann Arbor. 1402 square feet with 2 bedrooms and 2.0 baths.
  • $250,000. 1872 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $242,000. 1861 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $239,000. 1936 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $235,000. 1939 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $210,000. 1877 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.
  • $210,000. 933 Lindsay Lane, Ann Arbor. 926 square feet with 2 bedrooms and 1.1 baths.

Last year at Brentwood Square, 8 condos sold with an average price of $254,375 and an average price per square foot of $193.84. The 8 condos sold thus far in 2021 have an ASP of $245,788, down 3.4%, and an A$/SF of $238.83, up a considerable 23.2%. If you are thinking about listing or buying a condo at Brentwood Square, contact the real estate experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!

Smokler Bolgos, Ann Arbor Neighborhood Report

Smokler Bolgos Market Update – June 2021

This Ann Arbor neighborhood has treelined streets, tennis courts, and a park. While Smokler Bolgos was built a while ago, many of homes have been remodeled and updated. There are 2 active listings and so far this year, 2 homes have sold.

Homes for Sale:

  • $469,900. 3411 Yellowstone Drive, Ann Arbor. 1852 sq. ft., + 700 in the finished lower level; 4 bedrooms and 2.1 baths. Sale Pending
  • $399,900. 3456 Yellowstone Drive, Ann Arbor.1350 sq. ft., + 1000 in the finished lower level; 3 bedrooms and 1.1 baths.

Homes Sold in 2021:

  • $477,000. 3339 Yellowstone Drive, Ann Arbor. 2529 square feet with 4 bedrooms and 2.1 baths.
  • $442,500. 3467 Richmond Court, Ann Arbor. 1859 sq. ft., + 725 in the finished lower level; 4 bedrooms and 2.1 baths.

Last year at Smokler Bolgos, 5 homes sold with an average sale price of $395,580 and an average price per square foot of $217.76. The 2 condos sold thus far in 2021 have an ASP of $459,750, up 16.2%, and an A$/SF of $213.32, down minimally. To learn more about homes at Smokler Bolgos, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor homes here!

Madison Place Condo, Ann Arbor Report

Madison Place Market Update – June 2021

Madison Place has open-concept living inclusive of two-story foyers and cathedral ceilings. Residents at this Ann Arbor condo also enjoy lovely landscaping and a courtyard. There are no active listings and so far this year, 2 condos have sold.

Condo Sold in 2021:

  • $233,000. 3138 Promenade Circle, Ann Arbor. 1242 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $230,000. 4278 Esplanade Lane, Ann Arbor. 1260 square feet with 3 bedrooms and 2.1 baths.

Last year at Madison Place, 5 condos sold with an average sale price of $224,500 and an average price per square foot of $178.50 The 2 condos sold thus far in 2021 have an ASP of $231,500, up 3.1%, and an A$/SF of $185.07, up 3.7%. For more information about condos at Madison Place, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Browse more Ann Arbor condos here!

Brownstone Condos, Ann Arbor Report

Brownstone Market Update – June 2021

A traditional gem, Brownstone condos are a timeless place to live. This Ann Arbor complex is tucked away downtown and is just a few steps from many local shops. There are no active listings and so far this year, no condos have sold.

With only 8 units, Brownstone is an intimate complex and therefore, sales only happen on occasion. The most recent sale was in 2016 when a unit sold for $432,000 with a price per square foot of $276.92. If you are interested in units at Brownstone or similar condominiums, then contact the specialists with The Bouma Group who are well versed in the market. Find more Ann Arbor properties here!