Ann Arbor Market Snapshot

I am excited to share with you an insightful snapshot of the dynamic Ann Arbor real estate market, covering the period from January 22 to January 28, 2024. This week, we observed 9 property transactions, showcasing a diverse range of homes and investment opportunities. A notable highlight was a charming 1,321-square-foot residence located on Hutchins Avenue, which was the median sale of the week, fetching a price of $468,000.

Let's delve into the details of the properties transferred during this period:

  • 2130 Pauline Blvd.: A cozy and efficient space of 927 square feet sold for $170,000. This one-bedroom, one-bathroom home offers a practical living solution at $183 per square foot.

  • 555 E. William Street: This compact property, encompassing 383 square feet, was sold for $177,000. It features one bathroom, valued at $462 per square foot, perfect for those seeking a minimalist urban lifestyle.

  • 3137 Asher Road: A spacious family home with 2,172 square feet was acquired for $410,000. Priced at $189 per square foot, it includes three bathrooms, blending comfort with affordability.

  • 14 Westbury Court: This delightful home, sized at 1,616 square feet, changed hands for $415,000. Offering three bedrooms and three bathrooms, it's valued at $257 per square foot.

  • 912 Hutchins Ave.: The median sale of the week, this 1,321-square-foot property, equipped with three bedrooms and three bathrooms, sold for $468,000, translating to $354 per square foot.

  • 818 W. Washington Street: A stylish abode with two bedrooms and two bathrooms, spanning 1,472 square feet, was purchased for $629,999. Its price per square foot stands at $428.

  • 1301 Bird Road: This expansive property, boasting six bedrooms and five bathrooms over 3,088 square feet, was sold for $825,000. It represents excellent value at $267 per square foot.

  • 9088 W. Liberty Road: A large 3,312-square-foot home with three bathrooms, it was acquired for $900,000, priced at $272 per square foot.

  • 4152 High Ridge: Topping the list, this luxurious property of 4,338 square feet sold for $1,135,374. Featuring five bathrooms, it's valued at $262 per square foot.

Each of these properties represents a unique opportunity in our vibrant Ann Arbor market. Whether you are seeking a quaint starter home, a centrally-located urban apartment, or a spacious family residence, this week's transfers illustrate the variety and vitality of our local real estate landscape.

Please feel free to reach out to me for further information or for assistance in finding your perfect Ann Arbor home.

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Exploring Ann Arbor's Real Estate Landscape in 2024: Opportunities and Challenges