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Tag Archives: Real Estate Update

Country French Estates, Ann Arbor Market Report

Ann Arbor Real Estate Report – December 2016Country French Estates, Ann Arbor MI 48103

Located on the west side, this Ann Arbor subdivision has seen an uptick in recent sales. There are currently 2 homes listed for sale at Country French Estates and so far this year, 19 have sold.

Homes for Sale:

  • $380,000.  5721 LeBlanc, Ann Arbor. 1971 sq., +900 in finished lower level, 4 bedroom and 3.1 baths. Sale Pending
  • $368,000.  6168 Gabrielle, Ann Arbor. 2705 square feet with 3 bedrooms and 2.1 baths. Sale Pending

Sold Homes:

  • $395,000.  5815 Villa France, Ann Arbor. 2305 square feet 4 bedrooms and 2.1 baths.
  • $393,500.  5693 Villa France, Ann Arbor. 2299 sq. ft., +900 in finished lower level, 4 bedrooms and 2.1 baths.
  • $390,000.  5800 Quebec, Ann Arbor. 2002 sq. ft., +1064 in finished lower level, 3 bedrooms and 3.1 baths.
  • $383,000.  5608 Versailles, Ann Arbor. 2858 square feet with 4 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $370,000.  5644 Leblanc, Ann Arbor. 2077 sq. ft., +900 in finished lower level, 4 bedrooms and 2.1 baths.
  • $367,000.  5645 Villa France, Ann Arbor. 1754 sq. ft., +900 in finished lower level, 4 bedrooms and 4 baths.
  • $324,900.  5692 Versailles, Ann Arbor. 1741 sq. ft., +800 in finished lower level, 3 bedrooms and 2.1 baths.
    • For a complete list of sold homes, contact us at 734-761-3060 or email info@bouma.com

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Boulder Ridge, Ann Arbor Real Estate Update

Ann Arbor Real Estate Update – November 2016Boulder Ridge Subdivision, Ann Arbor MI 48103

It has been a busy year at Boulder Ridge subdivision for real estate. There are currently 2 homes listed for sale and so far this year, 7 have sold.

Homes for Sale:

  • $389,000.  2812 Aspen Drive, Ann Arbor. 2329 sq. ft., +900 in finished lower level, 4 bedrooms and 3.1 baths. Sale Pending
  • $349,000.  2858 Aspen Drive, Ann Arbor. 1834 square feet with 3 bedrooms and 2.1 baths. Sale Pending

Sold Homes:

  • $375,000.  2225 Green Valley Ct., Ann Arbor. 2245 square feet with 4 bedrooms and 2.1 baths.
  • $350,000.  2926 Green Valley, Ann Arbor. 1826 sq. ft., +800 in finished lower level, 3 bedrooms and 2.1 baths.
  • $346,000.  2837 Silver Springs, Ann Arbor. 1811 sq. ft., +666 in finished lower level, 3 bedrooms and 3.1 baths.

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Walden Village, Ann Arbor Condo Market Report

Ann Arbor Condo Report – November 2016Walden Village Condos, Ann Arbor MI 48103

Located on the west side of Ann Arbor, off of Pauline Blvd., Walden Village is a small collection of ranch and townhouse style condominiums. There are currently 0 units listed for sale and so far this year, 3 have sold.

Sold Condos:

  • $215,000.  2015 Pauline Court, Ann Arbor. 1368 sq. ft., +350 in finished lower level, 2 bedrooms and 1.1 baths.
  • $188,000.  2057 Pauline Court, Ann Arbor. 1672 sq. ft., +700 in finished lower level, 3 bedrooms and 2.2 baths.
  • $163,000.  2105 Pauline Court, Ann Arbor. 1672 square feet with 3 bedrooms and 2.1 baths.

Last year at Walden Village, 4 units sold with an average sale price of $187,688 and average price per square foot of $119.00. The 3 units sold this year have an ASP of $187,688 and an A$SF of $122.00, both up slightly. To learn more about Walden Village, contact us, the real estate specialists with The Bouma Group at 734-761-3060 or email info@bouma.com. Start your Ann Arbor Condo search here!

Saline Real Estate Market Report – 3rd Quarter

Steady Saline Home Sales

Saline Real Estate Market Statistics for the Third Quarter 2016
Saline home sales remain nearly unchanged from the end of the quarter last year with 279 homes sold YTD in 2015 and 278 homes sold YTD  in 2016. The average sale price has dipped, with it at $378,922 last year and $367,348 this year, however the average days on market has dropped from 60 to 52. Home inventory is less, as it is in all Washtenaw County areas, with 404 homes listed compared with 421 last year. Saline real estate is in a balanced market with a 5.2 month supply of homes listed for sale.

To find out more about Saline home values, contact the real estate specialists at The Bouma Group today at 734-761-3060 or info@bouma.com. We track every aspect of real estate, including price points, neighborhoods, condos, specific schools and more. To keep up to date with the latest news, subscribe to our Washtenaw County real estate blog here!

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Berkshire Creek, Ann Arbor Condo Market Report

Ann Arbor Condo Report – October 2016Berkshire Creek Condos, Ann Arbor MI Condo Complex

Condo values at Berkshire Creek are steadily rising as the market is in full recovery. There is currently 1 unit listed for sale, and so far this year 3 have sold.

Condo for Sale:

  • $335,000.  3134 Asher Rd., Ann Arbor. 2172 square feet with 3 bedrooms and 2.1 baths. Listed by The Bouma Group

Sold Condos:

  • $345,000.  3137 Asher Rd., Ann Arbor. 2172 square feet with 2 bedrooms and 2.1 baths.
  • $330,000.  3125 Asher Rd., Ann Arbor. 2172 square feet with 3 bedrooms and 2.1 baths.
  • $295,000.  3177 Asher Rd., Ann Arbor. 1704 square feet with 2 bedrooms and 2.1 baths. Sold by The Bouma Group

Last year at Berkshire Creek, 6 condos sold with an average sale price of $305,500 and average price per square foot of $159.00. The 3 units that have sold this year have an ASP of $323,333, up 6%, and an A$SF of $161.00, up just slightly. To learn more about this Ann Arbor Condo complex, contact the real estate specialists with The Bouma Group today at 734-761-3060 or email info@bouma.com.

Ann Arbor Condo Market Update – February 2016

Ann Arbor Plunges Deeper into Seller’s Market for Condos

Ann Arbor Condo Statistics for February 2016
Ann Arbor dips further into a seller’s market, with a 1.1 month supply of condo inventory, as sales continue to soar and listings aren’t keeping pace. When looking back at February over the last few years, inventory is actually pretty steady. There were 160 condos listed in 2015, 157 in 2014, and 146 in 2013. However, there are not enough listings to keep up with today’s buyer demand. The condo listings we’ve taken so far this year have all received offers within the first week.

Do you own an Ann Arbor Condo you’ve been thinking of selling? Check out your complex here to see what is currently listed for sale and what the pricing trends have been. Contact us at The Bouma Group and find out what we can do to get your unit sold and for top dollar!

Ann Arbor Real Estate Market Update – April 2015

Ann Arbor Real Estate Values Skyrocket

Ann Arbor Real Estate Stats for April 2015
Demand for Ann Arbor homes under $500,000 is very strong and driving values sky high in most cases. In our office this spring, we’ve had many homes receive multiple offers within the first days of being listed. Some offers have been for as much as $40,000 over asking price. It gets tricky when the buyer need to procure a mortgage and the house does not appraise for the selling price. Cash buyers are typically winning out in these situations, as an appraisal isn’t needed.

Overall, Ann Arbor Real Estate is in a balanced market with a 5.3 month supply of homes available. Under $500k it’s a seller’s market with the average month supply at 4.3. The spring market is in full force and activity is strong. If you’ve been considering selling your home, now is the time! Call us today for a market analysis and find out what you need do to get it listed! 734-761-3060 or email info@bouma.com. The Bouma Group has been Ann Arbor’s leading Realtors for more than a decade and get your home sold quickly and for top dollar!