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Tag Archives: Madison Place Ann Arbor MI

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!

Madison Place, Ann Arbor Condo Report

Madison Place Condo Report – October 2020

These Ann Arbor brownstones have great curb appeal, the big windows have exterior shutter accents and landscaping is well maintained. The condos of Madison Place are also beautiful inside with cathedral ceilings, 2 story foyers, and in suite laundry. Currently, 1 condo is listed for sale and so far this year, 4 have sold. The Bouma Group was the selling agent for one of the units.

Condo for Sale:

  • $229,900. 3087 Promenade Circle, Ann Arbor. 1281 sq. ft., + 631 in the finished lower level; 3 bedrooms and 2.1 baths.

Condos Sold in 2020:

  • $232,500. 3077 Promenade Circle, Ann Arbor. 1242 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $226,000. 3146 Promenade Circle, Ann Arbor. 1242 sq. ft., + 234 in the finished lower level; 3 bedrooms and 1.1 baths.
  • $221,000. 3083 Promenade Circle, Ann Arbor. 1283 sq. ft., + 150 in the finished lower level; 3 bedrooms and 1.1 baths. Sold by The Bouma Group
  • $220,000. 3162 Promenade Circle, Ann Arbor. 1243 sq. ft., + 290 in the finished lower level; 3 bedrooms and 2.1 baths.

Last year at Madison Place, 6 condos sold with an average sale price of $214,000 and an average price per square foot of $165.28. The 4 condos that have sold this year have an ASP of $224,875, up 5.1%, and an A$/SF of $179.60, up 8.7%. For more information about the condo market at Madison Place, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. Read more about Ann Arbor condos here!

Madison Place Condos, Ann Arbor Report

Madison Place Condo Report – November 2017Madison Place Condos, Ann Arbor MI

Madison Place is an Ann Arbor complex of brownstones set in a beautiful environment with a courtyard and gorgeous landscaping. These affordably priced units have open concept layouts and have many amenities nearby. There are currently no condos listed for sale and so far this year, 2 have sold.

Sold Condos:

  • $189,500. 3160 Promenade Cir., Ann Arbor. 1242 sq. ft., + 500 in the finished lower level, 3 bedrooms and 2.1 baths.
  • $180,000. 3079 Promenade Cir., Ann Arbor. 1471 square feet with 3 bedrooms and 2.1 baths.

Last year at Madison Place, 6 condos sold with an average sale price of $174,050 and an average price per square foot of $140.00. The 2 condos sold this year have an ASP of $184,750, up 6%, and an A$/SF of $137.00, down slightly. To learn more about condo values at Madison Place, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condominiums here!