Not many 3 bedroom units come to market in this community, and this one boasts the half bath on the main floor. Updated kitchen and baths. Finished area in the basement for extra living space. Three bedrooms and a full bath upstairs. Easy, direct entrance in front and private deck out back. Lovely courtyard space off the deck and a playground nearby. Close to everything and the city buses stop nearby. Monthly co-op fee includes taxes.
In the Ann Arbor area, the warm, spring weather has brought home buyers out in droves. Inventory of available homes has increased over the levels seen this time last year, but buyer demand is outpacing the supply. New homes to the market are seeing lots of traffic, and homes that have been on the market a while are getting a second look.
According to the latest statistics published today by the Ann Arbor Area Board of REALTORS® Multiple Listing Service, 834 single family homes have been sold in the first four months of 2015, a 7.4 percent increase over last year at this time when 776 homes had been sold. Condo sales are up 11 percent for the year at 240, compared to 216 a year ago. Sales of single family residential properties for the month of April are similar to last year, at 249 sales, compared to 246 in April 2014. Condo sales saw an increase of 14 percent in April, with 73 sales, compared to 64 a year ago.
The number of new listings in April is up from last year. 614 new single family residential listings entered the market in April, a jump of 9.8 percent over the 559 posted in April 2014. Year-to-date, for the first four months of the year, new listings are up 8.3 percent at 1,678, compared to 1,549 at this time last year.Despite the increased inventory, there are not enough properties on the market to meet demand. Multiple offers are common and prices are continuing to climb. Listing prices are up 2 percent for the month of April at $272,856, compared to $268,637 in April 2014. Sale prices are up 3 percent for April, compared to a year ago, with an average sale price at $269,321, compared to $261,353 last April. Year-to-date, both the average list price and the average sales price are 9 percent higher than last year. The average list price for the first four months of the year was $268,639, compared to $247,507 at the end of four months in 2014. The average sale price at this point of the year is $262,677, compared to $240,619 a year ago.
When properties are well-maintained and priced correctly for current market conditions, they can sell quickly. Do you or someone you know need to sell a house? Call me today to see how I can get it SOLD!
You are always Home with Rob in this classic 1925 Dutch colonial on the North side of Ann Arbor. This stately home sits high on nearly half an acre of park like grounds. Ideal combination of architectural charm with modern updates. Free-flowing floor plan with formal dining room is perfect for entertaining. 3 bedrooms upstairs with 1 full bath; 1 bedroom suite in the basement lets guests enjoy their own space. Improvements since 2012 include new furnace/AC, patio, driveways, and many more. Walk or bike to Bandemer Park or take a stroll on the boardwalk along the Huron River. Friendly neighborhood atmosphere and quiet streets. Close to U of M Medical Center, North Campus, and downtown with easy highway access. Call Rob Guilloz, ABR, CNE, SRES, e-PRO at 734-408-4460 to schedule your private tour today! http://HomeWithRob.com