Chelsea Area Market Report Over the Last 6 Months

Posted by Toth Team Worldwide on December 18, 2012

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Let’s take a look at the real estate market.

Currently there are 8 Chelsea home sales pending in the market overall, leaving 97 listings still for sale. The resulting pending ratio is 7.6% (8 divided by 105). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked!

The pending ratio indicates the supply & demand of the Chelsea Real Estate market. Specifically, a high ratio means that homes are selling and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply. “Current inventory is described as somewhat slow.”

Taking a closer look, we notice that the $0 – $100,00 price range has a relatively large number of contracts pending sale. We also notice that the $200,000 – $300,000 price range has a relatively large number of Chelsea homes for sale at 32 listings. The median list price (or asking price) for all properties in this market is $249,900. A total of 118 Chelsea homes have closed in the last 6 months with a median sold price of $184,500. Breaking it down, we notice that the $100,000 – $200,000 price range contains the highest number of sold Chelsea homes.

Search for Chelsea homes with our Free Online Search Engine HomeSearchAnnArbor.com. Put it on your mobile phone! Look, we are working during the Holidays, call us 734-669-0337.

Kathy Toth and Team, Keller Williams Realty. Visit us on the web at www.KathyToth.com

Ann Arbor Michigan Real Estate: Pierce Lake Village, Chelsea, MI near Ann Arbor, 48118

Posted by Toth Team Worldwide on May 24, 2012

Chelsea, Michigan is a great place to live, work and play! It is a wonderful place that is convenient to the Ann Arbor metro are as well as Detroit and beyond. When it comes to communities in historic Chelsea then you are spoiled for choice.

View Larger MapConsider the community of Pierce Lake Village located just east of M-52 and south off Old US-12. This great small community of 64 units offers a pretty development of homes that range in price from around $150,000 to over $200,000.

Documents for your review for Pierce Lake Village in Chelsea, MI Pierce Lake Master Deed, Pierce Lake 1st Amend, Pierce Lake 2nd Amend, Pierce Lake 3rd Amend, Pierce Lake 4th Amend, and Pierce Lake 5th Amend.

Units come in a couple of styles including ranch and 1.5 story properties. Floor plans vary and included between two and three bedrooms. Many units have a view over Pierce Lake and residents love taking advantage of its walking trails. Units also back onto a large pond with fountain.

Close by to Pierce Lake Village includes a local school, golf course as well as shops and restaurants. This really is small town living at it’s best.

Residents will be delighted to know that there is an active community association with fees of around $250.

Parents will be delighted to know that their children in Pierce Lake Village, Chelsea, MI attend acclaimed Chelsea Schools. Don’t delay, call us today to find out more about Pierce Lake Village Neighborhood in Chelsea, Michigan.

Chelsea Schools – City of Chelsea

Chelsea Springs Condominiums | Fieldstone Subdivision | Heritage Pointe | Pierce Lake Village

Dexter Schools – Dexter Area Communities:

We 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, Briarwood Mall, U of M campus, Medical Center and University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or enjoy fresh produce at Plum Market or if you are looking for a fun afternoon out in the area, check out the Ann Arbor Hands On Museum for some great family fun! If you are looking for entertainment, be sure to Visit Hill Auditorium! 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! Remember to be sure to visit world famous Ann Arbor Arts Fairs held every July.

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

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

Chelsea Real Estate Market Trend Stabilizing in Price Per Square Foot Over Two Year Period

Posted by Toth Team Worldwide on December 13, 2011

Chelsea real estate market is stabilizing, oh-so-slightly, with an upward trend. I am so delighted to provide you with this encouraging news. Sales are continuing to be seasonally steady and this has both Sellers and REALTORS very happy.

The Linear (Average Sale Price per Square Foot) is up approximately $1.00 per sq. ft. on the linear line from the same time one year ago. This is just an indicator and will fluctuate right along with the number of homes sold each month but at least we are beginning to see some stability in the real estate market. Though the number of homes sold is down approximately 20% from last year in Chelsea, our linear line is still headed in an upward direction in Sale Price per Square Foot. No one’s complaining about this news as the trend is staying relatively stable and not declining. We are looking optimistically to the New Year.

Buyers as well as Sellers should pay close attention to these indicators. While trends are showing small signs of a recovery, it’s a great time to take the next step to home ownership or listing your home for sale. Call to schedule an appointment.

I would like to thank Peter W. Hendershot, State Licensed Real Estate Appraiser, Business Development Manager, Affinity Valuation Group for putting this chart together for all of us to analyze. This data is shared with your local REALTORs, lenders, builders and lawyers so we can assist our clients.

To take advantage of buying opportunity, look for all the real estate deals www.homesearchannarbor.com and investigate foreclosures here. http://www.homesearchannarbor.com/guide/Foreclosure_%7C_Bank-owned

We know about homes before they hit the market, just call or email what you need.

look for all the real estate deals www.homesearchannarbor.com and investigate foreclosures here. http://www.homesearchannarbor.com/guide/Foreclosure_%7C_Bank-owned

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WHAT IS MY ANN ARBOR AREA HOME WORTH?

Chelsea Michigan Community: Learn More About Chelsea, MI thanks to the Chelsea Area Historical Society

Posted by Toth Team Worldwide on October 23, 2011

Welcome to Chelsea! Many people who are looking to relocate to Ann Arbor, while exploring the area, fall in love with Chelsea!

Located just outs side of Ann Arbor to the west along I-94, living in Chelsea, Michigan is a great choice that many people make. They want the convenience of city living but live in a small town environment.

But what about it’s history? Chelsea is proud to have a long and exciting history which is promoted by the Chelsea Area Historical Society. This great organization researches the history of Chelsea and the surrounding townships of Sylvan, Lima, Lyndon, and Sharon. They are a great education resource for kids and adults who are interested in local history.

The organization are very welcoming and have many different activities available for those who are interested to learn more about the area.

How about the Oak Grove Walking Tour which is a guided talking tour of the Oak Grove Cemetery? This took place earlier this month and asides from being spooky in the run up to Halloween it is an informative tour.

Or you could look at the Chelsea Area Historical Society Museum which opened back in February 2011. The museum is open Saturdays from 11am – 3:00pm, at 20650 W. Old US-12, the house next to Thompson’s Pizzeria. It is a chance to stop in and experience the history of Chelsea. Current exhibits include a limited time only display of Glazier Stove Co. stoves, artifacts from Chelsea Fairs of the past, rare photos, and patents along with Chelsea advertising, pioneer history, exquisite china, and much more! Admission is a suggested donation. The museum is also going all out for the holidays this year as it will be decorated for the holiday season and, in the spirit of the Christmas season, is showcasing a vintage toy exhibit on December 3rd!

The Historical Society was founded back in 1974 is also always looking for new members. They offer public history lectures throughout the year as well as other special events and fundraisers.

Chelsea features a rich history that is just waiting to be discovered by those new to the area!

Of course, Chelsea also has some great amenities like Zou Zou’s coffee shop, the Chelsea Center for Arts which we recently wrote about as well as the renowned Purple Rose Theater. Chelsea definitely has it all and is the perfect relocation destination!

We 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.

Remember, Chelsea is just outside of Ann Arbor, so if you are looking to move to Ann Arbor instead then give the team a call! 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, Briarwood Mall, U of M campus, Medical Centerand University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or 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! 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

Chelsea Michigan Real Estate: Chelsea Retirement Community by UMRC in Chelsea, Michigan

Posted by Toth Team Worldwide on October 16, 2011

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When it comes to retirement there are things that so many of us are looking for, the ability to take it easy and enjoy a slower pace of life is definitely one of them!

Living in Chelsea offers a great lifestyle for those of any age, there is so much to see and do, an active local community as well as plenty of local arts, culture and picturesque scenery.

Often many people choose to, during their golden years, move to a retirement community. That is one for those with an active lifestyle designed for people who are of a certain age group and above that offers all the amenities needed and desired.

Here in Chelsea there is one development by the United Methodist Retirement Communities that is called the “Chelsea Retirement Community“. UMRC has been “a beacon of innovation and inspiration in senior care options for more than 100 years.” Chelsea Retirement Community offers the very finest in senior living opportunities in a beautiful, faith-based, dynamic setting. The development is situated in a pretty location and as one resident remarked “there is no shortage of natural beauty to explore and appreciate on the campus”

The community is designed for those who want or need as much or as little assistance as they choose. It could be the perfect retirement community for you!

Don’t forget, Chelsea has some great community assets like the uber cool indie/artsy cafe Zou Zou’s coffee shop, the Chelsea Center for Arts which we recently wrote about as well as the renowned Purple Rose Theater. Chelsea definitely has it all and is the perfect relocation destination!

We 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.

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

Chelsea Michigan Real Estate: Upland Hills Subdivision, Chelsea Michigan 48118 – Near Ann Arbor, MI

Posted by Toth Team Worldwide on October 14, 2011

Living in Chelsea, Michigan is a great choice that many people who relocate to the Ann Arbor metro area make. They want the convenience of city living but live in a small town environment.

Chelsea, located just to the north west of Ann Arbor along I-94 offers just that!

If you are looking for a large luxury single family home then perhaps you should consider the great development of “Upland Hills” in Chelsea which is just off Old US Highway 12 which joins up to I-94 on the very eastern edge of Chelsea offering a very quick commute into Ann Arbor proper.

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Homes in Upland Hills are situated on large over-sized lots, many of way over an acre and contain lush landscaping giving the community a park like feel. The neighborhood is in a secluded location with many homes backing onto trees and open land. Homes in Upland Hills are generally large brick built properties often two stories with decent living space of over 3,000 square feet and usually 3, 4 and 5 bedrooms.

Upland Hills contains 20 lots and has an active community association. Click here to see their masterdeed/restrictions.

This could be the Chelsea, Michigan community for you!

We 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, Briarwood Mall, U of M campus, Medical Centerand University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or 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! 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

Ann Arbor Michigan Community: Chelsea Center for the Arts, Chelsea Michigan

Posted by Toth Team Worldwide on October 10, 2011

The arts are so important to local communities, as we just wrote about Hill Auditorium in downtown Ann Arbor, readers who are looking to move to other parts of the Ann Arbor metro area will be excited to learn that they don’t have to just go into downtown Ann Arbor to enjoy the arts, other surrounding communities often have their own local arts.

Look at Chelsea, Michigan, for instance. Chelsea is home to the fun non-profit community organization the “Chelsea Center for the Arts” or CCA for short. The CCA’s mission statement is “Developing, fostering and promoting music and visual art in Chelsea, Michigan and the surrounding communities.”

The Chelsea Center for the Arts, located at 400 Congdon St., Chelsea, MI 48118 encourages you to discover new skills, refine existing ones, meet friends old and new and participate in diverse music and art programs led by hands on instructors. The Center was founded back in 1995 and serves the City of Chelsea and the surrounding areas in Washtenaw County. What started out to be a very niche organization serving the few has now become a true community asset and amenity and is a pillar in the local area. They even have their own Facebook Page!

View Larger MapWhen it comes to music lessons, Chelsea’s Center for the Arts is second to none in the area! Highly-trained instructors offer private and group music study for all ages and abilities. Most instructors hold Masters of Music degrees and have several years of teaching experience. Lessons offered include:

Piano
Guitar, violin and cello
Voice / singing
Clarinet, flute, recorder

As for visual arts, there are creative visual art instructors who teach, encourage and inspire you to have fun and experiment, there are classes, workshops and more in the following fields:

Painting
Pottery
Sculpture
Photography
Drawing

Of course for those that might not want to take lessons in music or art there is always the other side to the art world, that is the enjoyment of art by others! There is, whats called the Center Gallery at the CCA which showcases fine art by instructors, students and other local artists. The gallery features paintings, photography, stoneware, sculptures, jewelry and much more! Best yet, the exhibitions are free and open to the public. Just think if you did take a class you could have your work exhibited!

The Chelsea Center for the Arts is definitely a great community asset and helps benefit the lives of residents in the area. It is no wonder that Chelsea is such a desirable community to live in and a top relocation destination.

We 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, Briarwood Mall, U of M campus, Medical Centerand University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or 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! 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.

Search homes in Ann Arbor and the surrounding Washtenaw County area and call us as we often know about properties before they are listed. Search here to find foreclosure deals in the area. Let the Ann Arbor Real Estate Experts – Kathy Toth and Team, Keller Williams Realty help you achieve your Ann Arbor Real Estate goals.

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

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.

Chelsea Springs Condominiums; Chelsea, MI 48118 near Ann Arbor MI

Posted by Toth Team Worldwide on August 31, 2011

Find All Chelsea Springs Condos for Sale

Chelsea Springs Subdivision Chelsea MI KathyToth.com produced by Kathy Toth on WellcomeMat

Chelsea Spring Condominiums are a fantastic development located in the popular area of Chelsea just outside of Ann Arbor proper to the west of the metro area.

This community fetters 51 units across 9 buildings and benefits from a secluded location with a rural feel but while being just a moments drive to I-94 meaning that living in Chelsea Springs equals convenience! This community’s fantastic location means that you can reach downtown Ann Arbor in just a few minutes and Detroit in a little over an hour. Chelsea Springs is also located right by the Chelsea Community Fairgrounds.

Homes here are ranch style with different floor plan options with 2 bedroom or 3 bedroom units with multiple bathrooms. The units also feature some upgraded options and other great features inside such as cathedral ceilings, fireplaces and finished basements. Some even include outdoor entertaining spaces like decks! These units are deceptively spacious and well appointed!

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Residents will be delighted that while coming under Chelsea, these units are in Sylvan Township and as such you benefit from lower taxes while parents benefit from acclaimed Chelsea Schools. The community also has an active homeowners association. Click here to view their master deed.

The pictures in this post are from 1400 Duncan Drive in the complex, we just had this property up for sale. You can view more information about this particular property here! – See it’s virtual tour!

We 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, Briarwood Mall, U of M campus, Medical Centerand University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or enjoy fresh produce at Plum Market. For some specialty items be sure to visit nearby Morgan and York with video. Ann Arboris a great place to live – convenient for all, including the Detroit metro airport, which is around 30 minutes away! 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

Tag: Chelsea Real Estate