Vernon Downs Subdivision, Ann Arbor Real Estate Report

Ann Arbor Real Estate Report – January 2011

Vernon Downs subdivision, Ann Arbor is a mature neighborhood with a great location within walking distance of Pioneer High. Constructed by renowned Airey in the 1950’s and 60’s, these Ann arbor homes are admired for their quality construction and features. There are currently 7 homes listed for sale and in the past 12 months, 19 homes have sold.

Homes Listed for Sale:

• $189,900. 1395 square feet with 4 bedrooms and 1.1 baths.
• $190,000. 1131 square feet with 3 bedrooms and 1 bath. Under Contract
• $199,000. 1372 square feet with 3 bedrooms and 2 baths.
• $210,000. 1395 sq. ft. +400 in finished lower level, 3 bedrooms and 1.2 baths.
• $215,000. 1251 sq. ft. +750 in finished lower level, 3 bedrooms and 1.1 baths. Under Contract
• $219,000. 1131 square feet with 3 bedrooms and 1 bath.
• $219,000. 1660 square feet with 3 bedrooms and 1.1 baths.

Sold Homes:

• $140,000. 1163 square feet with 3 bedrooms and 1 bath. Short Sale
• $166,000. 1126 square feet with 3 bedrooms and 1.1 baths. Foreclosure
• $177,000. 1328 square feet with 3 bedrooms and 1.1 baths.
• $177,500. 1092 sq. ft. +900 in finished lower level, 3 bedrooms and 1.1 baths.
• $179,250. 1267 sq. ft. +600 in finished lower level, 3 bedrooms and 1.1 baths.
• $180,000. 1025 sq. ft. +250 in finished lower level, 3 bedrooms and 2 baths.
• $200,000. 1191 square feet with 3 bedrooms and 1.1 baths.
• $203,500. 1680 sq. ft. +300 in finished lower level, 4 bedrooms and 2 baths.
• $212,000. 1336 sq. ft. +800 in finished lower level, 3 bedrooms and 1.1 baths.
• $215,000. 1180 square feet with 3 bedrooms and 1.1 baths.
• $218,000. 1299 sq. ft. +689 in finished lower level, 3 bedrooms and 2.1 baths.
• $220,500. 1131 sq. ft. +971 in finished lower level, 3 bedrooms and 2 baths.
• $224,305. 1176 sq. ft. +700 in finished lower level, 3 bedrooms and 1.1 baths.
• $225,500. 1432 sq. ft. +500 in finished lower level, 3 bedrooms and 3 baths.
• $229,900. 1421 sq. ft. +800 in finished lower level, 3 bedrooms and 2.1 baths.
• $229,900. 1252 sq. ft. +1144 in finished lower level, 3 bedrooms and 1.1 baths.
• $240,000. 1550 square feet with 3 bedrooms and 1.1 baths.
• $263,000. 1467 sq. ft. +532 in finished lower level, 4 bedrooms and 2.1 baths.
• $270,000. 1818 sq. ft. +1500 in finished lower level, 4 bedrooms and 2 baths.

Last year at Vernon Downs, Ann Arbor 11 homes sold with an average sale price of $182,063 and average price per square foot of $130.58. Compared to this year, the ASP is up by 15% and the A$/SF is up by 23%, which are excellent signs that the real estate market in this Ann Arbor neighborhood is recovering. To find out more about home prices at Vernon Downs, or the nearby Meadowinds, Uplands of Scio Ridge, or The Ravines subdivisions, contact the Ann Arbor Real Estate Specialists at The Bouma Group today at 734-761-3060 or info@bouma.com. For instant information on currently listings and sold homes, plus floor plans, photos, and more be sure to visit our Ann Arbor Subdivision Hotline here!