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Tag Archives: Year End Condo Report

Woods of Ann Arbor Condo Report for 2020

Woods of Ann Arbor Year End Market Report – 2020

In 2020, Woods of Ann Arbor sold only 1 condo. The previous year sold 4 condos, out of the total 28 in the complex. There was only a slight difference between the listing and sale price demonstrating negotiation between the two parties.

Condo Sold in 2020:

  • $327,500. 2442 Mulberry Court, Ann Arbor. 1476 sq. ft., + 330 in the finished lower level; 2 bedrooms and 2.1 baths.

Currently, the sale price for the condo at Woods of Ann Arbor is $327,500, which is a 3.1% increase compared to the average SP of $317,500 in 2019. The price per square foot is $221.88, which is a 16.8% from the average $/SF of $190.04 in 2019. For more information about condo values at Woods of Ann Arbor, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!

Ridgewood, Ann Arbor Condo Report for 2020

Ridgewood Year End Market Report – 2020

In 2020, Ridgewood sold a total of 3 condos. Considering that this is a more intimate complex with only 23 units, and that only 1 condo sold before, this demonstrates more activity this recent year. All of the condos were sold $5k-$10k below the listing price.

Condos Sold in 2020:

  • $435,000. 656 Ridgewood Court, Ann Arbor. 1780 sq. ft., + 400 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $420,000. 601 Ridgewood Court, Ann Arbor. 1877 square feet with 2 bedrooms and 2.1 baths.
  • $380,000. 617 Ridgewood Court, Ann Arbor. 1555 sq. ft., + 649 in the finished lower level; 3 bedrooms and 2.2 baths.

Currently, the average sale price of condos at Ridgewood is $411,667, which is a 20.1% decrease from the sale price of $515,000 in 2019. The average price per square foot is $237.51, which is a considerate 26.8% decline from the price per square foot of $324.51. To learn more about condo values at Ridgewood, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

Ralaric Farms, Dexter Real Estate Report for 2020

Ralaric Farms Year End Market Report – 2020

In 2020, Ralaric Farms sold a total of 2 homes. Last year there was only 1 home sold. Both offers were accepted below the listing price, meaning that buyers struck a deal.

Homes Sold in 2020:

  • $495,000. 6804 Ralaric Drive, Dexter. 2912 sq. ft., + 1764 in the finished lower level; 3 bedrooms and 2.1 baths.
  • $420,000. 6651 Ralaric Drive, Dexter. 2785 square feet with 4 bedrooms and 2.1 baths.

Currently, the average sale price of homes at Ralaric Farms is $457,500, which is a 7.6% increase compared to the sale price of $425,000 in 2019. The average price per square foot is $160.40, which is a 10.3% decrease from the price per square foot of $178.80 in 2019. For more information about home values at Ralaric Farms, contact the real estate specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Vie more Dexter homes here!

Country Village, Ann Arbor Condo Report for 2020

Country Village Year End Market Report – 2020

In 2020, Country Village sold only 1 condo. As well, there was only 1 condo sold the previous year. Luckily for the seller, the offer was slightly above the listing price.

Condo Sold in 2020:

  • $325,000. 2542 Country Village Court, Ann Arbor. 1501 square feet with 4 bedrooms and 3.0 baths.

Currently, the sale price of the condo at Country Village is $325,000, which is a 4.8% increase in comparison to the SP of $310,000 in 2019. The price per square foot is $216.52, which is a 10.5% increase compared to the A$/SF of $193.75 in 2019. If you would like to learn more about condos at Country Village, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

Aspen Ridge, Ann Arbor Condo Report for 2020

Aspen Ridge Year End Condo Report – 2020

In 2020, Aspen Ridge sold a total of 2 condos. And this is the same amount of inventory sold the year prior. Both of the final sale prices were below the listing prices, which is great for buyers.

Condos Sold in 2020:

  • $309,000. 3024 Aspen Lane, Ann Arbor. 1936 sq. ft., + 800 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $289,900. 3019 Aspen Lane, Ann Arbor. 1894 sq. ft., + 640 in the finished lower level; 3 bedrooms and 3.1 baths.

Currently, the average sale price of condos at Aspen Ridge is $299,450, which is a 12.4% increase in comparison to the ASP of $266,500 in 2019. The average price per square foot of $156.33, which is also a 12.4% rise compared to the A$/SF of $139.12 in 2019. To learn more about condos at Aspen Ridge, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

Burwyck Park, Saline Condo Report for 2020

Burwyck Park Year End Market Report – 2020

Burwyck Park Saline, MI

In 2020, Burwyck Park sold a total of 4 condos; The Bouma Group was the selling agent for 1 of the condos. Last year 1 less unit was sold versus this year. Offers that were the same and below the listing price were accepted, making it smooth for buyers.

Condos Sold in 2020:

  • $298,900. 172 Burwyck Park Drive, Saline. 1596 sq. ft., + 754 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $297,500. 106 Burwyck Park Drive, Saline. 1596 sq. ft., + 500 in the finished lower level; 3 bedrooms and 3.1 baths.
  • $279,500. 132 Burwyck Park Drive, Saline. 1596 sq. ft., + 695 in the finished lower level; 4 bedrooms and 3.1 baths.
  • $275,000. 107 Burwyck Park Drive, Saline. 1595 sq. ft., + 700 in the finished lower level; 3 bedrooms and 3.1 baths. Sold by The Bouma Group

Currently, the average sale price for condos at Burwyck Park is $287,725, which is a small decline compared to the ASP of $295,833 in 2019. The average price per square foot is $180.31, which is a 9.4% increase in comparison to the A$/SF of $164.86 in 2019. For more information about condo values at Burwyck Park, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Saline condos here!

Lone Oak at Stonebridge, Ann Arbor Condo Report for 2020

Lone Oak at Stonebridge Year End Market Report – 2020

In 2020, Lone Oak at Stonebridge only sold 1 condo. Since there is only a total of 30 units at this complex, it is expected to not have many sales. In fact, last year there were no condos sold here.

Condo Sold in 2020:

  • $415,000. 4904 Lone Oak Court, Ann Arbor. 1270 sq. ft., + 740 in the finished lower level; 2 bedrooms and 3.0 baths.

Because no condos were sold the previous year at Lone Oak at Stonebridge, we will be comparing the current statistics to the numbers from 2018 when 3 condos were sold. Currently, the sale price is $415,000, which is an 11.7% increase from the average SP of $371,667 in 2018. The price per square foot is $326.77, which is a 16.4% rise from the average $/SF of $280.87 in 2018. To learn more about condos at Lone Oak at Stonebridge, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

The Armory, Ann Arbor Condo Report for 2020

The Armory Year End Market Report – 2020

In 2020, The Armory sold a total of 2 condos. While there isn’t many condos to begin with, this was still an increase of 1 condo from the year prior. Unfortunately for the sellers, the sale prices were lower than the asking prices.

Condos Sold in 2020:

  • $882,500. Unit #13, 223 East Ann Street, Ann Arbor. 2189 square feet with 2 bedrooms and 2.0 baths.
  • $545,000. Unit #6, 223 East Ann Street, Ann Arbor. 1632 square feet with 2 bedrooms and 2.1 baths.

Currently, the average sale price of condos at The Armory is $713,750, which is a decent 23.9% increase from the ASP of $576,000 in 2019. The average price per square foot is $368.55, which is a 4.4% rise in comparison to the A$/SF of $352.94 in 2019. For more details about the condos at The Armory, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!

Walnut Glen, Ann Arbor Condo Report for 2020

Walnut Glen Year End Market Report – 2020

In 2020, Walnut Glen sold a total of 6 condos. Compared to the previous year, there were 4 less condos sold this year. There was a mixture of accepted offers ranging from below to above the listing price.

Condos Sold in 2020:

  • $217,500. 1236 Joyce Lane, Ann Arbor. 1345 square feet with 3 bedrooms and 2.0 baths.
  • $215,000. 1171 Joyce Lane, Ann Arbor. 1375 square feet with 3 bedrooms and 2.0 baths.
  • $214,000. 1119 Joyce Lane, Ann Arbor. 1345 square feet with 3 bedrooms and 2.0 baths.
  • $205,000. 1075 Joyce Lane, Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths.
  • $205,000. 1125 Joyce Lane, Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths.
  • $203,000. 1127 Joyce Lane, Ann Arbor. 1160 square feet with 2 bedrooms and 2.0 baths.

Currently, the average sale price of condos at Walnut Glen is $209,917, which is a slight increase from the ASP of $207,095 in 2019. The average price per square foot is $167.60, which is a slight decrease in comparison to the A$/SF of $169.84 in 2019. To learn more about condo activity at Walnut Glen, contact the experts with The Bouma Group at (734)761-3060 or email info@bouma.com. View more Ann Arbor condos here!

Independence, Ann Arbor Condo Report for 2020

Independence Year End Market Report – 2020

In 2020, Independence sold only 1 condo. In comparison to the year before, there was no difference. The selling price is about $5k above the listing.

Condo Sold in 2020:

  • $190,000. Unit #18B, 1809 Independence Boulevard, Ann Arbor. 938 square feet with 2 bedrooms and 1.0 bath.

Currently, the sale price of the condo at Independence is $190,000, which is a considerable 40.7% increase from the SP of $135,000 in 2019. The price per square foot is $202.56, which is a 34.4% compared to the A$/SF of $150.67 in 2019. For more details about the condos at Independence, contact the specialists with The Bouma Group at (734)761-3060 or email info@bouma.com. Discover more Ann Arbor condos here!