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Ann Arbor Area Downtown/Burns Park, south of the University Real Estate Market Statistics

By
Real Estate Agent with Ann Arbor Market Center Keller Williams 242301

Ann Arbor Downtown/Burns Park, south of the University and walkable neighborhood market bosts highest sales price per square feet; area 88.

There are 39 (vs. 37 last month) active Ann Arbor homes in area Burns Park for sale ranging from $159,900 to $899,000 and average list price of $403,956 and list price per square feet of $211.51. The homes offered for sale range in size from 702 square feet to 3,715 square feet.

The average sold price per square feet trend is pretty flat per Affinity Valuation Group, LLC in Downtown/Burns Park, and south of the University.

There are 46 (vs. 42 last month) sold Ann Arbor homes in Burns Park this year with bedrooms ranging from 2 to 6 and baths from 1 to 4 with list prices ranging from $179,900 to $1,350,000. Sold prices from range from $180,100 to $1,150,000. Average sold price is $437,553. Average sold price per square feet is $201.21 and the average sold price per list price is now at 95 percent (same as last month).

The number of homes for sale compared to April of last year is down 14 percent and the price of sold homes was up 33 percent.

Median price of homes for sale is down 23 percent and sold price of homes is up 40 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.

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