Ann Arbor Area Top Home Sales Prices in 2011

Posted by Toth Team Worldwide on October 2, 2011

Ann Arbor Luxury Home Sales

All price points in Ann Arbor Real Estate have been affected by the economy and local unemployment.

Some of the finest homes in South Eastern Michigan are located in Ann Arbor, Michigan, home of the Wolverines. Four homes have sold this year in excess of $1,000,000.

Ann Arbor luxury market is relatively small so you won’t have hundreds of homes to choose from. If you decide to buy in Ann Arbor, Michigan and this area fits your budget make sure you put it on your list. Very few areas can offer lakes, boating, dining and super easy convenience to shopping, golf, tennis, arts, culture and other entertainmaint. Did you know there have been 23 homes sold this year for over $750,000? They are listed below:

Address	Legal	Sold Price	Sold Date
321 HUNTINGTON DR	OLD SID 1-09-027-055-00….	790,000	2/3/2011
860 Colliston	Lot 15, Block 9 Supervisors Plat – Barton Hills	760,000	3/15/2011
2963 OVERRIDGE	BEG AT THE E 1/4 COR OF SEC 34, T2S, R6E, ALSO BEING THE	1,015,000	6/1/2011
140 UNDERDOWN	BEG AT MOST EASTERLY COR OF LOT 7, BLK 2…BARTON HILLS	850,000	1/21/2011
3 GEDDES HEIGHTS DR	PRT SEC 28 T25 R6E-WASHTENAW CO METES & BUNDS	829,000	1/5/2011
2985 HICKORY LN	LOT 55 RIVERSIDE HILLS SUB NO 2	872,500	3/28/2011
5322 BETHENY CIRCLE	UNIT 40 GLENNBOROUGH CONDO	850,000	4/8/2011
1588 TOWSLEY LANE	TOWSLEY FARMS, UNIT #3	950,000	4/4/2011
3078 COTTONTAIL CT	PARKRIDGE ESTATES SITE CONDO, SITE #10	847,000	4/15/2011
280 HIGH ORCHARD	LOT 8 HIGH ORCHARD SUBDIVISION	1,040,000	6/21/2011
2860 HEATHER WAY	PT NE 1/4 SEC 34, T2S, R6E	875,000	5/18/2011
2600 ENGLISH OAK DR	NEWPORT HILLS, UNIT # 22 & 23	950,000	6/22/2011
260 BARTON SHORE DR.	PART OF NE 1/4 SEC 17, T2S R6E	1,030,000	6/24/2011
2206 HILL ST.	Lot 2 also pt. Lot 3 Berkshire Hills Sub.	850,000	6/15/2011
2210 Melrose Avenue	Prt LOT 6 BEG NE COR LOT 5	770,000	7/15/2011
6725 FLEMING CREEK	M.D. L4532 P51 UNIT 20, ARBOR HILLS II CONDOMINIUMS SPLIT	755,000	5/20/2011
2200 Belmont Rd	ASSESSORS PLAT # 39, LOT # 21	860,000	6/8/2011
1921 CAMBRIDGE RD	ASSESSORS PLAT#15, LOT #17	1,075,000	8/30/2011
2203 LAFAYETTE	LOT 7 THE HIGHLANDS	825,000	8/5/2011
2115 WALLINGFORD	LOT 18 M A IVES SUB	915,000	6/28/2011
3001 GEDDES AVENUE	COM AT S 1/4 COR SEC 27, TH N 89-17-30 E 497.90 FT TO POB	755,000	8/29/2011
1828 Vinewood Blvd.	Lot 10 College Hill	776,000	8/12/2011
2592 OAK HILLS DR.	UNIT 40 NEWPORT CREEK CONDO	940,000	9/23/2011

The average of the 23 luxury homes sold price per square feet was $216.88. For more information on Ann Arbor luxury real estate market and updated pricing, call 734-274-9544. Where do you want to shop for your next Ann Arbor home? Have a house to sell before you can trade up? Ask about Your Home Sold Guranteed in Ann Arbor MICHIGAN.

We have insider access to many Ann Arbor neighborhoods and Ann Arbor subdivisions. All the Ann Arbor subdivisions below have videos of the home exteriors and interiors. Who does not want to check out the inside of other people’s homes? Talk to your Ann Arbor Real Estate Experts.

New Construction Home Purchase in Washtenaw County – Do you Need REALTOR?

Posted by Toth Team Worldwide on October 2, 2011

Do I Need a Buyer’s Agent to Purchase New Construction?

Q: I’m thinking about buying a new construction home. Should I just go to the builder myself or do people use Realtors to buy new homes?

A: STOP, WAIT, DON’T START THE CAR! It’s absolutely in your best interest to hire a buyer’s agent experienced in New Construction homes BEFORE you start visiting the models. Here’s why. In order to represent you, the buyer’s agent must register you at the new home model. If you visit the model on your own without your agent and register yourself, the builders generally will not allow the Realtor to negotiate on your behalf later. So make sure to make an appointment with your buyer’s agent and they can show you all of the new construction in your area! Ask Jennifer Graswick, buyer’s agent on our team who used to represent a builder for years, what it is like to now represent new construction buyers: 734-845-8888.

Reasons to hire a Realtor to buy new construction:

We Save You Money! Are you getting what you are entitled to – both in quality and value? An experienced agent knows what you should receive and what “extras” might be available.
Pre-construction – Realtors have relationships with builders that can be quite beneficial to the buyer. The REALTOR® is also in a position to inform you when new pre-construction opportunities arise before they are even made public.
Dispute Resolution – in the event of a dispute with the builder over cost, build time, work orders, etc. you need the backing a strong Realtor and large real estate company such as Keller Williams. A builder is much more likely to yield when dealing with a top producing Realtor from a leading company who is bringing them a lot of business.
Our SERVICES are free to YOU – The builder pays us a commission once the sale is complete. Since the purchase price of the property is the same with or without a Realtor, it makes sense to have a REALTOR® on your side to help you navigate the complicated home buying process. We can help you locate your brand new dream home!
We know where the new homes are and can help you find the right one for you!

To give you an example, we recently worked with clients named Jane and Bob. They’d looked at dozens of resale homes, short sales, foreclosures. None of them quite measured up or was what they were looking for, so we decided to look at the new construction homes in the area. We took them to visit several builders and in the end, we found two new construction homes they liked a lot. We were able to negotiate on their behalf with 2 builders and got both of them to compete for our buyer’s business and lowered their pricing. In the end, the home they chose was originally listed at a $214,900 price for a 4 bedroom 3 bath 3 car garage home. The negotiated price with the builder? $203,000. Yep – saved them $11,900. Not only that – we got the builder to agree to switch out the black appliances for stainless steel, put up a PVC white fence in the back yard, add crown moldings to the kitchen cabinets, add a water softener and a garage door opener to the 3rd garage door, and paint the front door (it was a funny shade of purple!) Last but not least, we negotiated the builder to pay all the buyer’s closing costs AND buy down their interest rate to 4.25%.

As a Realtor, we know the Ann Arbor Area recent sales and can play good cop/bad cop with the builder and negotiate the price with the upgrades you want. This may be more true with builder homes that have already been built and are sitting in inventory.

If you are thinking about buying Ann Arbor Area new construction, call 734-274-9544 and we’ll start sending you info on what new homes are available in Washtenaw County. We are your Ann Arbor Real Estate Experts and are here to help.

Chelsea Luxury Home Market

Posted by Toth Team Worldwide on October 2, 2011

Chelsea, Michigan Luxury Home Sales
All markets across the board in Ann Arbor have been affected by the economy and local unemployment.

Some of the finest homes in South Eastern Michigan are in Chelsea, Michigan. Three homes have sold in excess of $500,000.

The Chelsea luxury market is very small so you won’t even have a hundred homes to choose from. If you decide to buy in Chelsea or Ann Arbor, Michigan and this area fits your budget make sure you put it on your list. Very few areas can offer lakes, boating, dining ( Common Grill)and super easy convenience to shopping, golf, tennis, arts, Purple Rose, culture, and other entertainment. Did you know these 3 homes sold this year for over $500,000? They had an average sold price per square foot of $141.45 as shown in chart. The Chelsea luxury homes sold are pictured to left:

For more information on our Chelsea luxury real estate market and updated pricing, call 734-274-9544 . Where do you want to shop for your next Ann Arbor Area home? Have a house to sell befor you can trade up? Ask about Your Home Sold Guranteed in Ann Arbor MI.

We have insider access to many Chelsea and Ann Arbor neighborhoods. Often we know of upcoming listings and banks hire us to market their properties so we know about foeclosures before they hit the market.

Overall the Ann Arbor Market Sold Price Per Square Feet Trends Steady in April 2011

Posted by Toth Team Worldwide on October 1, 2011

Ann Arbor median price per square feet is trending steady at just under $140 per square foot. The median sold prices of all Ann Arbor Real Estate areas compared to February ’10 are up 9.5 percent, and asking prices are up 5 percent. Ann Arbor Real Estate is stabilizing and with the current low interest rates and incredible real estate values. To find out more about Ann Arbor Real Estate Market Statistics for all of Ann Arbor, continue reading.

The market is broken down into areas by the Ann Arbor Area Board of Realtors with a map below and insight into each neighborhood and school area is provided.

Let’s begin with a snapshot of all of Ann Arbor.

Bottom line, the Ann Arbor market is stabilizing. Downward pressure is exerted by foreclosures and short sales. Again Ann Arbor homes are affordable, choices are abundant and low interest rate financing is available.

We all want to know when the market will turn around, so we are tracking the Ann Arbor Real Estate Market activity monthly. Pete Hendershot of Affinity Valuation Group, LLC says, the market bottomed. For your Ann Arbor Area home value, click here.

Ann Arbor Board of Realtors organizes our data by search areas by boundaries and schools as pictured. We do a ton of business with people who are relocating to Ann Arbor, usually coming to work for University of Michigan. Many have never been here. It’s always our pleasure to help others discover this gorgeous city and to show the different areas of Ann Arbor, each having a different feel. It’s important to find the place that feels like home to you. For last month’s data, see Ann Arbor Area Real Estate Statistics Charted Last Month.

Neighborhoods are unique so you knowing up to date Ann Arbor Real Estate information about specific areas and trends could be helpful. The Ann Arbor Board breaks down our Ann Arbor Real Estate into the areas in the map found at the end of the reports.

There are 473 Ann Arbor homes for sale in all of Ann Arbor with bedrooms ranging from 1 to 11 and baths from 1 to 31 with list prices ranging from $59,000 to $2,950,000. Homes sizes range from 468 to 10,000 square feet.

There are 908 sold Ann Arbor homes over the last 12 months with bedrooms ranging from 1 to 8 and baths from 1 to 7 with list prices ranging from $18,760 to $2,400,000 and sold prices from $18,000 to $2,400,000. Average sold price is $292,267 and average sold price per square foot is at $140.29. List price to sold price is 96%.

As far as Ann Arbor market statistics go, the number of houses for sale this February compared to last year are down 29 percent and sold homes are up 53.3 percent. The trend line confirms shrinking inventory.

Median prices of those homes for sale are up 5 percent and those sold are up 9.5 percent when comparing this February to last year. The gap between the asking prices and sold prices is narrowing per the trend lines, showing that the market is becoming more stable.

Search Area 81 North West Ann Arbor is boarded on the East side by US 23 and to the south I 94.

There are 51 Ann Arbor homes for sale in area 81 with bedrooms ranging from 2 to 6 and baths from 1 to 5 with list prices ranging from $149,900 to $2,950,000. Homes sizes range from 1,041 to 10,000 square feet.

The chart shows the trend line of average sold price per square foot is trending about straight across at $155 per square feet over the last 12 months partly due to the tax credits and increased number of foreclosure deals.

There are 57 sold Ann Arbor homes over the last 12 months in area 81 with bedrooms ranging from 2 to 6 and baths from 1 to 6 with list prices ranging from $49,900 to $2,400,000 and sold prices from $47,000 to $2,400,000. Average sold price is $514,129 and average sold price per square foot is at $161.12. List price to sold price is 94%.

The supply chart shows the number of homes for sale compared to February ’10 to February ’11 is up 12.8 percent.

The Ann Arbor median price of homes in this area listed for sale has gone up 21.1 percent – February ’10 to February ’11.

Schools are Abbott, Wines or Haisley elementary schools and Forsythe Middle School and Skyline High School. For database on Washtenaw Schools, click on highlighted link.

Search Area 82 Westside of Ann Arbor South of M14 and Main Street is the boundary on the East side.

There are 104 up from 79 active homes for sale with bedrooms ranging from 1 to 7 and baths from 1 to 5. The size of homes for sale range in square feet from 468 to 7,500. List prices range from $79,900 to $1,195,000 and average list price per square feet is $165.22.

There are 261 sold Ann Arbor homes the last 12 months in area 82 with bedrooms ranging from 1 to 6 and baths from 1 to 5 with list prices ranging from $56,900 to $895,000 and sold prices from $40,000 to $895,000. Average sold price is $235,604 and average sold price per square feet is $146.07, down from last month. The average sold price per list price is 97 percent.

The chart shows the trend line of average sold price per square foot is trending slightly down from $144 to around $139 per square feet over the last 12 months.

The supply chart shows the number of homes for sale compared to February ’10 to February ’11 is down 43.9 percent and the number of homes sold is down by 27.3 percent.

The supply chart shows the number of homes for sale compared to last February ’10 to February ’11 is up 22.6 percent and the number of homes sold is down 34.5 percent.

This Ann Arbor area 82 includes desirable west side of Ann Arbor. Schools are Bach, Eberwhite or Haisley for elementary school; Slauson or Forsythe for middle school (depends on location) and usually Pioneer High School.

Search Area 83 Ann Arbor Southwest Liberty to Main Street.

There are 74 (down from 70) active Ann Arbor homes in area 83 for sale ranging from $159,900 to $700,000 and average list price per square feet of $151.53, up from last month.

There are 153 sold Ann Arbor homes in the last 12 months in area 83 with bedrooms ranging from 2 to 6 and baths from 1 to 4 with list prices ranging from $79,900 to $799,900 and sold prices from $75,000 to $730,000. Average sold price is $297,244 and average sold price per square feet is $136.23 and the average sold price per list price is at 96 percent.

The chart shows the trend line of average sold price per square foot is on the incline from $135 to around $140 per square feet over the last 12 months.

The chart below shows compared from February ’10 to February ’11 that the number of homes for sale are down 39 percent and the number of homes sold are up by 550 percent.

The median price of homes listed for sale is up 1.5 percent and sold prices is up 8.6 percent – February ’10 to February ’11.

Elementary schools are Lawton, Bryant-Pattengill and Lakewood and the middle school is either Slauson or Tappan, along with Pioneer High School. This area is on the lower left South West quadrant of the map below.

Search Area 84 Ann Arbor Briarwood to North Stadium

There are 32 active Ann Arbor homes for sale in area 84 by Briarwood to North Stadium ranging from $80,000 to $514,900 and average list price per square feet of $123.15.

The chart shows the trend line of average sold price per square foot has sharply decreased from just over $120 to $114 per square feet over the last 12 months.

There are 69 sold homes over the last 12 months in area 84 with bedrooms ranging from 2 to 5 and baths from 1 to 3 with list prices ranging from $18,760 to $400,000. Sold prices range from $18,000 to $385,000. Average sold price is $171,670 and average sold price per square feet is $125.97 with the average sold price per list price at 96 percent.

The number of homes for sale in February ’10 is down by 39.6 percent and the number of sold homes in February ’11 report was unchanged. Inventory is declining over the last 12 months.

Median price of homes for sale is up 1.5 percent and median sold price remains unchanged compared to February last year.

Schools are Bryant-Pattengill and Allen for elementary and Tappan or Scarlett for Middle schools and Pioneer or Huron for the high school. This area is the purple area in the middle of the map below.

Search Area 85 Ann Arbor Scarlett and East Pittsfield, bordering Ypsilanti school district as the Eastern border.

There are 83 (vs. 70 last month) active Ann Arbor homes for sale in area 85 ranging from $60,000 to $325,900 and average list price per square feet of $105.90. The size of the homes range from 652 to 3,024 square feet.

There are 123 homes sold in the last 12 months in area 85 with bedrooms ranging from 1 to 5 and baths from 1 to 4. Sold prices range from $24,900 to $245,000. Average sold price is $143,602 down from $245,000 and average sold price per square feet is $92.68 with the average sold price per list price at 95 percent.

The chart shows the trend line of average sold price per square foot is on the incline and sitting around $93 per square feet at the end of April.

The number of homes for sale compared to February of last year is down 9.1 percent and the number of homes sold compared to February ’10 is up by 66.7 percent. The number of homes on the market is down.

Median price of homes for sale is down .3 percent and median price of sold is down 8.3 percent compared to February last year.

The schools are Pittsfield, Carpenter, Allen or Mitchell for elementary school and Tappan or Scarlett for middle school, along with Huron High. This area of schools – Pittsfield, Carpenter, Allen, Mitchell, Tappan, Scarlett, and Huron is the green section in the lower right quadrant of the map below.

Area 86 Ann Arbor East Geddes and Huron River Drive, North Eastern section of the Ann Arbor schools including Superior township.

There are 57 (vs. 49 last month) active Ann Arbor homes for sale in area 86 ranging from $184,000 to $2,900,000 and average list price per square feet of $223.79 and average list price of $763,759. The homes range in bedrooms from 3 to 6 and baths from 1 to 6. The size of home for sale range from 1,200 square feet to 7,596 square feet.

There are 99 sold Ann Arbor homes in area 86 this year with bedrooms ranging from 2 to 8 and baths from 1 to 7 with list prices ranging from $199,900 to $2,072,500 and sold prices from $210,000 to $2,072,500. Average sold price is $550,141, the average sold price per square feet is $185.31 with the average sold price per list price at 95 percent.

The chart shows the trend line of average sold price per square foot is quickly rising from $150 to around $185 per square feet over the last 24 months.

The number of homes for sale are down by 24.7 percent compared to February of last year and the number of homes sold are up 20 percent.

Median price of houses for sale is up 7.3 percent and sold prices are up 51.5 percent.

Schools are Allen, Thurston, King, Burns Park, Angell elementary schools. Tappan or Clague are the middle schools, along with Huron High School. This are is aqua on the East side of Ann Arbor.

Search Area 87 North East Ann Arbor and North Campus, walking distance to UM Medical Center, goes East to Dixboro.

There are 41 (vs. 47 last month) North East Ann Arbor homes for sale ranging from $59,000 to $1,195,000 and average list price per square feet of $145.10 and average list price of $363,216. The homes range in size from 720 square feet to 6,053 square feet with bedrooms from 1 to 6 and baths from 1 to 4.

There are 91 (vs. 86 last month) sold Ann Arbor homes in North East Ann Arbor over the last 12 months with bedrooms ranging from 2 to 5 and baths from 1 to 4 with list prices ranging from $75,000 to $1,100,000. Sold prices range from $65,000 to $970,000. Average sold price is $263,756 and average sold price per square feet is $140.01 with the average sold price per list price at 95 percent. The sold homes range in square feet from 888 to 5,221 square feet.

The chart shows the trend line of average sold price per square foot is trending down from $130 to around $125 per square feet over the last 24 months.

The number of homes for sale are down by 39.7 percent compared to February of last year and the number of homes sold are up 75 percent.

Median price of houses for sale is down 3.4 percent and price of sold homes is also down 73.6 percent over last year.

Schools are Northside, Thurston or Logan for elementary schools, Clague for Middle and Huron High or Skyline depending on location. This is the North East Ann Arbor upper right purple map quadrant.

Search Area 88 Ann Arbor Downtown/Burns Park, south of the University and walkable neighborhood.

There are 31 (vs. 27 last month) active Ann Arbor homes in area Burns Park for sale ranging from $159,900 to $2,100,000 and average list price of $513,835 and list price per square feet of $237.68. The homes offered for sale range in size from 702 square feet to 6,058 square feet.

There are 55 (vs. 51 last month) sold Ann Arbor homes in Burns Park this year with bedrooms ranging from 2 to 6 and baths from 1 to 5 with list prices ranging from $159,900 to $899,000. Sold prices range from $136,000 to $820,000. Average sold price is $384,143. Average sold price per square feet is $208.87 and the average sold price per list price is now at 96 percent.

The chart shows the trend line of average sold price per square foot is basically trending steady at $200 per square feet over the last 12 months.

The number of homes for sale are down by 2.8 percent compared to February of last year and the number of homes sold are up 66.7 percent.

Median price of homes for sale compared to February of last year is down 13.4 percent and sold price of homes is down 10.4 percent.

Schools are Eberwhite, Bach and usually Burns Park for elementary schools. The middle schools are Tappan and Slauson depending on location, along with Pioneer High School. Burn Park is in the center of the map.

Chelsea Real Estate Statistics

Dexter Real Estate Statistics

Saline Real Estate Statistics

Map areas for the MLS below.

map

Ann Arbor Real Estate, Kathy Toth & Team is excited to offer you FREE automated email information on the Market Value of your Washtenaw County home.This will help you learn your home’s up-to-date market value, complete with comparable properties in the Ann Arbor, Michigan area, including addresses, selling prices and photos. Cutting edge internet system that emails directly to you! It’s FREE, Simple and Dependable. No Obligation! JUST FILL IN THE FORM.

Speak with Kathy’s Team today to find out what your Ann Arbor home is worth! Experience red carpet treatment by calling us at (734) 669-0337 or emailing us at [email protected], Keller Williams Ann Arbor Market Center.

Solving Your Mortgage Crisis Just Got Easier in Ann Arbor Area

Posted by Toth Team Worldwide on October 1, 2011

Solving Your Mortgage Crisis Just Got Easier

5 Steps for a Successful Short Sale in Washtenaw County

Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.

If you are considering short selling your home to avoid the financial and emotional fallout of foreclosure, you should be aware of the five steps you should take to increase your chances of a successful transaction.

First, do you qualify?

You must:

Have a verifiable hardship, like unemployment, medical bills, or relocation
Must have a monthly income shortfall
Be insolvent (you have no cash or assets that can be sold to pay down the mortgage), or headed towards insolvency

If you meet these qualifications, follow these five steps to a successful short sale:

Contact me so we can identify your servicer, fill out a short sale packet for the lender, and assemble all the required information needed to list your home for sale
Gather financial information (i.e., bank statements, pay stubs) from at least the last three months
Keep your house in showcase condition for showings, and make as many repairs as necessary and that you can afford
Expect the lender, junior lien holders, and private insurance companies to request more paperwork, and try to gather requested information quickly to ensure transaction efficiency
Set realistic expectations and work with me, the lender, and the buyer to the satisfaction and benefit of all parties involved

For more information about how the short sale process works, or about any other foreclosure alternatives you may qualify for, call me today. Kathy Toth and Team can help you alleviate the burden that the threat of foreclosure brings, and we can develop a strategy to help you breathe a little easier.

Chelsea Real Estate Market Sold Price Per Sq Ft and Number of Sales Trends for April 2011

Posted by Toth Team Worldwide on October 1, 2011

Chelsea, Michigan Real Estate Statistics show 8.2 months supply

If no other homes come on the market, it would take about 8 months for those homes to sell. Anything over 6 months represents a buyers market. Click on picture for Chelsea, Michigan Tour.

The Chelsea Real Estate Market average sold price per square foot is graphed below courtesy of Affinity Valuations Group, LLC. The average sale price per square foot has trended down over the last 12 months and hovers around $97.00 per square foot.

As of February, there were 114 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 4 and prices from $64,900 to $2,200,000. The average asking list price per square feet is now at $128.16 which is higher than last month and average asking price is $281,298. If you want Chelsea properties or Ann Arbor properties click either.

There have been 181 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 1 to 7. The largest home sold is 5,300 square feet and the smallest at 528 square feet.

The average list price of the homes that sold in the last 12 months is $183,197 and the average sold price is up to $173,720. This represents an average sold price per square feet of $95.40. The sellers got an average of 95% of asking price these last 12 months.

There is about an 8 month supply of homes for sale in Chelsea, Michigan, so we are still in a buyers market and may be stabilizing unless we see a rash of foreclosure homes hit the market. The inventory under $200,000 is shrinking and we are seeing multiple offers. There is still an abundance of choice, low interest rates and great prices.

The charts below show the trends over the last 12 months. Sold prices are down 4.8 percent for February ’10 to February ’11. Asking prices were down 25.3 percent for the same period.

At least the number of active homes for sale is trending down slightly indicating we are on the way to stabilizing, due to the home buyer credits that were in place. To be one of the homes picked, keep in mind this is a price war and a beauty contest. Consult with your agent about making your home stand out. Ask about staging your Chelsea home.

In the chart below, you can see that the number of homes for sale from February ’10 vs. February ’11 is down 30.9 percent while the number of homes sold during this time frame is down 70 percent.

There is still an abundance of choice, low interest rates and great prices. Let us know if you are coming to our next home buyer round table/seminar this month: 734-845-6542. If you want to glimpse our Ann Arbor Area videos, click here. If you want a bank owned home, call us. Banks hire us to sell these homes and we know about these Ann Arbor Area foreclosures long before they are ready to come on the market. We are certified distressed property experts.

Want to know what your Ann Arbor Area home is worth?

Chelsea Real Estate Statistics

Dexter Real Estate Statistics

Saline Real Estate Statistics

We enjoy Chelsea; check out The Purple Rose Theater, and stop by the Common Grill . Or pick up a bottle of Michigan wine at The New Chelsea Market. Drop by the Tea Salon to take in trade closthing or socialize over tea. Take a class at the Chelsea Center For The Arts. Chelsea may be overflowing with old charms, but it’s very much attuned to what makes a downtown vibrant. And if that isn’t here-and-now enough for you, Chrysler’s Proving Grounds are situated just outside the city’s limits.

Saline Real Estate Market Sold Price Per Square Feet for April 2011 Trends Down Slightly since May 2009

Posted by Toth Team Worldwide on October 1, 2011

How much are homes selling for with regard to average Sales Price per Square Feet? The average sold price per square foot is about $108.

Saline residential supply is now about 11.7 months. It would take 12 months for all the homes to sell if no other homes came on the market. Anything over 6 months supply is a buyers market.

The chart provided by Affinity Valuations, appraisal company, shows the trend line of average sale price per square feet sold in Saline over the last 12 months. As you can see the trend line shows prices trending from just under $120 per square feet to about $110 over the last 24 months.

Over the last 12 months 263 homes have sold ranging in bedrooms 1 to 6 and baths from 1 to 5. The home sizes sold ranged from 590 square feet to 7,509 sf. The list prices were from $23,700 to $799,900. The highest sale price was $725,000; average sold price for the year was $259,255. Sellers received an average sold price compared to list price of 96%.

There are 217 active Saline homes for sale ranging from 1 bedroom to 6 and 1 baths to 6. The homes range in size from 800 square foot to 7,168 square foot. The list prices are from $67,900 to $2,750,000.

Shown in chart below, Saline asking prices were down .8 percent from February ′10 to February ’11 and median sold prices are down 20.9 percent for this time frame.

The chart below shows that the number of homes for sale from February ’10 vs. February ’11 is down 14.8 percent and number of homes sold during this time frame is up 55.6 percent.

All in all it remains a buyers market regarding Saline Real Estate with a buffet of opportunity, low interest rates and affordable homes. There are at many bank owned homes and many short sales. To find shortsales, click here. To buy the book Should I Short Sale My Home, click here. With all Saline has to offer, it’s no wonder CNN/Money Magazine once again named us one of the country’s top 110 “Best Places to Live” out of more than 1,300 cities ranked.

Incidentally, watch us help a Saline couple sell their condo and move to Pinckney on House Hunters HGTV.

Chelsea Real Estate Statistics

Dexter Real Estate Statistics

Saline Real Estate Statistics

U of M Womens’ Football Academy Raised almost $100,000 for Comprehensive Cancer Center

Posted by Toth Team Worldwide on October 1, 2011

One person raised over $5,000 for the Patient and Family Services at U of M Comprehensive Canter Center in a day full of education, camaraderie and action with participants, coaches, and players. This year I as asked to speak as a cncer vict0r- survivior for the Women’s Football Academy. I shared the resources I used in my battle. Dr. Wicha brought us up to date on new developments in research. Laura and Brady Hoke gave their time and staff to support the community efforts. I am sharing a video taken yesterday.

Kathy Toth Speech at U of M 2011 Women’s Football Academy

Dexter Market Results for April Show Price Per Square Foot Trend is Down Slightly

Posted by Toth Team Worldwide on October 1, 2011

Dexter, Michigan Real Estate Results Shows 12.5 Months of Homes Available for Sale

Dexter residential supply is now about 12 months. It would take 12 months for all the homes to sell if no other homes came on the market. Anything over 6 months supply is a buyers market. For the Dexter Luxury Market, check out this post.

The Supply and Demand (#Units FS, Sold) chart below shows February ’10 compared to February ’11. The number of homes listed for sale is down 18.1 percent and the number of sold units is up 80 percent. The annual trend lines show the number of homes offered for sale decreased and number of Dexter sales is flat.

Below, Median Price (FS, Sold) February ’10 vs. February ’11, the Dexter sellers asking list prices are 10.2 percent lower and median sold prices are down 14.2 percent. The annual trend lines indicates slight upward motion in Dexter median sales prices.

The trend line charted by Affinity Valuations, Inc indicates the average sale price per square feet has been lowering to just under $110 per square feet for Dexter Real Estate through the last last 24 months.

Continue reading “Dexter Market Results for April Show Price Per Square Foot Trend is Down Slightly” →

Ann Arbor Michigan Real Estate: Stadium Meadows Condominiums, Ypsilanti near Ann Arbor MI

Posted by Toth Team Worldwide on September 30, 2011

Kathy Toth and Team, Keller Williams Market Center, Ann Arbor, MI 734.426.6669

Stadium Meadows Entrance Sign Stadium Meadows is located off Hewitt between Washtenaw & Huron River Drive in Ypsilanti, Michigan. This fantastic development of condominiums constructed around the year 2000 is in such a perfect location for those working in Ypsilanti, Ann Arbor or attending Eastern Michigan University!

The newer brick build condos at Stadium Meadows are in an attractive setting located close to St. Joe’s Hospital, Eastern Michigan University, Rynearson Stadium and within walking distance to local shops & restaurants in the popular city of Ypsilanti.

There are 128 units on offer in this community of ranch style condos offering two bedrooms on floorplans of around 1000 square feet. Many units benefit from a decent view of the surrounding trees, common areas and pond that are extremely well maintained by the community association, which in itself has low fees in the $150 range. All units have a private deck which is perfect for relaxation and many units have a carport.

Why pay high Ann Arbor condo prices when you can get much more for the money, in Ypsilanti. US-23, M-14 and I-94 are all within minutes and easily accessible. This is a perfect purchase for EMU/UofM grad students or anyone working for the hospitals or local businesses in the area.

Residents will be delighted that their children, also, attend popular Ypsilanti schools.

Units in Stadium Meadows range in price from the $50’s to $90,000’s – call the team today if you want to know more about whats for sale in this development!

View Larger MapWe welcome your comments, if you live in the community, we want to hear what you think of your neighborhood and welcome your input to improve this Ann Arbor Area information.

Ann Arbor offers great access to the expressway to get to Detroit or beyond quickly. A hop skip and a jump away is Zingerman’s Deli, Kerrytown, Kerrytown Farmers Market. Take a trip to the Briarwood Mall, get acquainted with the U of M campus, Medical Center and University of Michigan football games. Push the Cube by the University of Michigan Union and while you are there stop in for lunch. Visit Hill Auditorium at the University of Michigan, and The Power Center for local community performing arts. Crisler Arena for Basketball and other venues. The Ann Arbor Hands-On Museum is so fun for children and adults as well.

Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or drive out to Independence Lake County Park in Dexter, Michigan for great outdoor fun and the spray zone. Enjoy fresh produce at Plum Market. For some specialty items be sure to visit nearby Morgan and York with video. Ann Arbor is a great place to live – convenient for all, including the Detroit metro airport, which is around 30 minutes away! Want a weekend in Chicago – Take the Amtrak out of Ann Arbor, Michigan.

Remember to be sure to visit world famous Ann Arbor Arts Fairs held every July.

Click here to search Dexter Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

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All price points in Ann Arbor Real Estate have been affected by the economy and local unemployment.