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Tag Archives: Saline Market Report

Torwood Subdivision, Saline Real Estate Report

Torwood Real Estate Report – February 2016Torwood Subdivision, Saline MI 48176 Homes

Torwood is a beautiful subdivision of upscale homes located just outside of downtown Saline. There is currently 1 home listed for sale and last year, 14 homes sold.

Home for Sale:

  • $389,900. 517 Castlebury Dr., Saline. 2167 sq. ft., +1000 in finished lower level, 3 bedrooms and 3.1 baths.

Sold Homes:

  • $420,000.  740 W. Castlebury, Saline. 2525 square feet with 4 bedrooms and 2.1 baths.
  • $394,900.  710 W. Castlebury, Saline. 2243 sq. ft., +1100 in finished lower level, 4 bedrooms, 3.1 baths.
  • $394,900.  758 W. Castlebury, Saline. 2499 square feet with 4 bedrooms and 2.1 baths.
  • $380,000.  753 Pembroke, Saline. 2682 square feet with 4 bedrooms and 2.1 baths.
  • $370,000.  605 Castlebury, Saline. 2188 sq. ft., +1158 in finished lower level, 4 bedrooms, 3.1 baths.
  • $365,000.  638 Bannock Ct., Saline. 2000 sq. ft., +1000 in finished lower level, 3 bedrooms, 3.1 baths.
  • $365,000.  313 Pembroke, Saline. 3188 square feet with 4 bedrooms and 2.1 baths. Sold by The Bouma Group
  • $330,000.  752 W. Castlebury, Saline. 2250 square feet with 4 bedrooms and 2.1 baths.

For a complete list of the 14 homes sold this year, contact us at 734-761-3060 or email info@bouma.com and we’ll get it over to you right away.

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Saline Real Estate Market Update – 3rd Quarter 2015

Strong Third Quarter for Saline Real Estate

Saline Real Estate Statistics for the Third Quarter 2015

It was a strong third quarter for Saline Real Estate in 2015. Home inventory and sales were both up from second quarter and from this time last year. The market has certainly rebounded and is in a balanced market with a 6.3 month supply of homes listed for sale. We will most likely begin to see a slow down in listings and sales as the holiday season approaches, which is typical for Saline. Most home sales happen during the second and third quarters, but they don’t stop completely.

There are still plenty of serious buyers out there looking to get into a home before the end of the year. Many did not find that perfect place over the summer and are still waiting for it to come to the market. Thinking of selling your home? This may be the right time! Contact us for a market analysis of your home and find out what it could sell for today – call The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com and get started. Looking to purchase a home? Begin your search here!

Saline Real Estate Market Update for October 2013

Saline Real Estate Sales at Highest Level for Year

Saline Real Estate Statistics for October 2013
With 375 Saline homes sold in the past 12 months, sales are at the highest level for this year and even surpass 2012. High sales, combined with lower than average inventory is helping home values continue to recover and increase. Overall, the Saline Real Estate market is balanced with a 6 months supply of homes available. Under $300k, the market is still very active and considered a seller’s market with the month’s supply below 5.

Want to know more about home values in Saline or find out what your home is worth? Contact us, The Bouma Group, Realtors today at 734-761-3060 or email info@bouma.com. We track every aspect of the real estate market by price point, school district and more! Follow our blog and keep up-to-date with these statistics and other real estate news!

Saline Real Estate Market Update – September 2013

It’s a Balanced Market for Saline Real Estate

Saline Real Estate Statistics for September 2013
As the summer selling season comes to an end, Saline Real Estate slips back into a balanced market with a 6.8 month supply of homes available. Home sales have remained steady since the beginning of the year, but inventory is declining, which is typical for this time. The over $600k market currently has nothing under contract, indicating very slow buyer activity in these price ranges.

Although the holidays are right around the corner, certain price points are still hot and in need of inventory. Wondering what your home is worth? Contact us, the Saline Real Estate specialists for a market analysis of your home, at 734-761-3060 or info@bouma.com. Thinking of purchasing a Saline Home? Learn more about our fantastic buyer services here!

Hunter’s Ridge Subdivision, Saline Real Estate Update

Saline Real Estate Report – August 2011

Hunter's Ridge Subdivision, Saline MIHunter’s Ridge Subdivision, Saline is a beautiful country sub of larger homes on acre+ lots. This Saline neighborhood is located close to shopping, restaurants and downtown Saline. There are currently 2 homes listed for sale and 0 homes have sold this year.

Homes Listed:

  • $325,000. 2251 square feet with 3 bedrooms and 2.1 baths.
  • $374,900. 2792 sf +1100 in the finished lower level, 4 bedrooms and 2.1 baths.

Last year at Hunter’s Ridge, 3 homes sold with an average sale price of $333,000 and average $/square foot of $113.68. One home was a short sale that sold for $250,000, which brought the ASP down lower than what is typical of the subdivision. To learn more about homes for sale at Hunter’s Ridge, or the nearby Saline subdivisions: Kelli Meadows, York Place, or Centennial Park, contact us today at 734-761-3060 or info@bouma.com!