332 Wildwood, Manchester

ANN ARBOR REAL ESTATE SUBJECT TO SHORT SALE APPROVAL. AWESOME VAULTED CEILINGS, LIGHT AIR AND FLOORPLAN COVERED WITH SUNLIGHT THROUGH SKYLIGHTS. ALL APPLIANCES STAY.OVER SIZED DECK. FULL BASEMENT WITH DAY LIGHT WINDOWS. CENTRAL AIR. 2 CAR ATTACHED GARAGE INSULATED AND FINISHED.  ANN ARBOR REAL ESTATE OPEN FLOOR PLAN.

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The Dexter luxury Real Estate market synopsis follows.  As of February, there are 33 active homes for sale above $500,000: RES 2-Photo View (MLX).  The average list price per square feet is $218.12.  The average square feet of these Dexter, Michigan homes is 3,772 with average list price is $757,893.  There is one pending home 5920 JOY. 

Note there are 36 withdrawn and 12 expired listings.  The withdrawn listings have a list price per square feet of $194.21.  The expired listing price per square feet is $189.88.  Both of these segments show a gap from the average sold price per square feet of $177.29.

The 4 sold homes range in bedrooms from 4 or 5 and baths from 2 to 5.  The most recent sold homes are mapped below. The average sold price per square feet of these sold homes is $177.29.  These homes sold since 10/1/09.  The average list price to sold price of these homes is 86 percent.

Sellers will sell when the supply of Dexter luxury homes reduces and asking prices adjust to the market.  I urge my clients to compare their home to the competition and choose a competitive price and impeccable condition.  Over the last 12 months 8 homes have sold in this category 8/12 =.66.  (34-8)/.66=39 months or 39/12 =3.3 years of supply of homes in Dexter luxury homes for sale.  Pricing the home so it the best value is where you need to be if you want to sell.  Look at the data with regard to square feet detail, and other amenities to beat the competitors.  Remember it is a price war and beauty contest.  The good news, once you have the data, the choice is up to you. Consult with the Ann Arbor Area Real Estate Experts for the latest statistics.

Lets see what is happening in the Saline Real Estate market?  How much are homes selling for with regard to average Sales Price per Square Feet?  In 2009, the average sold price per square foot hovers around $110.35, and is staying above $100.00 per square foot.

The chart provided by Affinity Valuations, appraisal company, shows the trend line of average sale price per square feet sold in Saline schools over the last 12 months. As you can see the trend line shows prices slide slightly over the last 12 months.

There is a 9 month supply of Saline homes. If no other Saline residential homes were put on the market, it would take 9 months to sell these homes. Anything over 7 months is a buyers market.

Shown in chart below, Saline asking prices were up 15 percent from January 09′ to January 10′ and median sold prices were up 32 percent for this time frame.

The chart below shows that the number of home for sale from January 09′ vs. January 10′ were down 7 percent and number of homes sold during this timeframe were up 33 percent.

Over the last 12 months 287 homes have sold ranging in bedrooms 2 to 6 and baths from 1 to 5.  The home sizes sold ranged from 815 square feet to 8000 sf.  The list prices were from $37,900 to $1,600,000. The highest sale price was $1600,000; average sold price for the year was $263,478. Sellers received an average sold price compared to list price of 95%.

There are 223 (vs. 224 last month) active Saline homes for sale ranging from 1 bedroom to 6 and 1 baths to 5. The homes range in size from 912 square foot to 11,237 square foot. The list prices are from $92,900 to$2,500,000.

All in all it remains a buyers market regarding Saline Real Estate with a buffett of opportunity, low interest rates and affordable homes. There are at least 10 non private owned homes with many short sales. 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 100 “Best Places to Live” out of more than 1,300 cities ranked.

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

Ann Arbor Area Real Estate Update for Chelsea, Michigan

Chelsea, Michigan Real Estate Statistics

Click on picture for Chelsea, Michigan Tour.

As of January 31, there were 146 active Chelsea homes for sale: ranging from 1 bedroom to 6, 1 bath to 7 and prices from $45,000 to $950,000. The average asking list price per square feet was up to $124.94 and average asking price is $248,180. If you want Chelsea properties or Ann Arbor properties click either.

There have been 105 homes sold in Chelsea in the last 12 months ranging in bedrooms from 1 to 6 and baths from 1 to 6 bedrooms. The largest home sold is 4,725 square feet down to the smallest at 600 square feet.

The average list price of the homes that sold in the last 12 months $183,762 and the average sold price was $176,376. This represents an average sold price per square feet of $99.68 last month. The sellers got an average of 97% of asking price these last 12 months.  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 up but remains under $100.00 per square foot.

The chart below shows there is about 12 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. There are 11.6 months of supply.

Other charts below show the trends over the last 12 months. The first chart – Chelsea: Median Price (FS, Sold) shows home asking prices are down 16% and sold prices are up 92% comparing January 09 to January 10 with trend lines showing slight increasing sold prices over the last 12 months.

Chart 2 Chelsea: Supply & Demand – # Units (FS, Sold) below shows units for sale from January 09 to January 10 are down 4% and sold units up 11%. At least the number of active homes for sale was down slightly indicating we are on the way to stabilizing.  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.

There is still an abundance of choice, low interest rates and great prices. If you know any one who is a first time home buyer looking to use the home buyer tax credit, updates are posted. 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.

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

Westridge subdivision in Dexter, MI is a perfect opportunity for buyers to snap up a fabulous home at a stunning price – in the low $200-$300,000 range or less! Imagine having a new home constructed.

The development, located north of downtown Dexter is 70% complete, contains 223 homesites – at present, this means that FHA financing is not available, contact us for the latest information – and is in Dexter Schools which are some of the best in the county, state and country. You can click here to view a video on Dexter Schools. Westridge development is convenient for both Dexter itself and Ann Arbor.

There is a wide selection of homes for sale/available for construction in the area, which is a particularly good place to raise a family due to the schools and amenities surrounding the community. The Westridge community association Master Documents can be viewed as a PDF here.

In fact, we wrote about a great property for sale in the Westridge, Dexter neighborhood not so long ago. You can read more about this four bedroom Westridge property here.

As for the Real Estate market in Westridge sub in Dexter, the above chart shows a small decline in Price per Square Foot over the last two years, which is better than many communities. – click here to see this chart in PDF format.

All in all, this community is a great choice for many people and it has a selection of home models in Westridge which can be constructed. Please contact us for more information!

See an aerial shot of the development:

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

                                Kathy Toth and Team         www.KathyToth.com     Keller Williams Realty 

The Detroit Free Press reports about the Real Estate Market in these areas: Oakland, Macomb and Wayne counties. Property values dropped this last year.  I found this very interesting to compare to Washtenaw County information.

In Oakland County, no area was immune to price drops: Bloomfield Hills, Birmingham, Novi Township, Rochester, South Lyon, Berkley, Rochester, Hills, Orion Township, Novi City, Huntington Woods, Highland Township, Northville, Commerce , Township, Fenton, Oxford Township, Southfield Township, Oakland Township, Royal Oak City,Sylvan Lake, Lake Angelus, Holly Township, Bloomfield Township, Springfield Township, Orchard Lake, Addison Township, Troy, Wixom, Pleasant Ridge, Ferndale, Clarkston, Independence Township, Farmington Hills, Keego Harbor, Farmington, Royal Oak Township, Walled Lake, Clawson, Lyon Township, Milford Township, West Bloomfield Township, Brandon, Township, Auburn Hills, Hazel Park, White Lake Township, Pontiac, Madison Heights, Rose Township, Waterford Township, Lathrup Village, Oak Park, Groveland Township, Southfield City, Bloomfield Hills, Birmingham, Novi Township, Rochester, South Lyon, Berkley, Rochester, Hills, Orion Township, Novi City, Huntington Woods, Highland Township, Northville, Commerce , Township, Fenton, Oxford Township, Southfield Township, Oakland Township, Royal Oak City,Sylvan Lake, Lake Angelus, Holly Township, Bloomfield Township, Springfield Township, Orchard Lake, Addison Township, Troy, Wixom, Pleasant Ridge, Ferndale, Clarkston, Independence Township, Farmington Hills, Keego Harbor, Farmington, Royal Oak Township, Walled Lake, Clawson, Lyon Township, Milford Township, West Bloomfield Township, Brandon, Township, Auburn Hills, Hazel Park, White Lake Township, Pontiac, Madison Heights, Rose Township, Waterford Township, Lathrup Village, Oak Park, Groveland Township, Southfield City.

In Wayne County all values dropped for these areas: VAN BUREN, REDFORD, HARPER WOODS, DEARBORN HEIGHTS, ROCKWOOD, LINCOLN PARK, MELVINDALE, TAYLOR, WESTLAND, WYANDOTTE, DETROIT, GARDEN CITY, WAYNE, DEARBORN, HURON, ALLEN PARK, FLAT ROCK, LIVONIA, WOODHAVEN, SOUTHGATE, GIBRALTAR, GROSSE POINTE WOODS, ROMULUS, GROSSE POINTE FARMS, PLYMOUTH, BROWNSTOWN, BELLEVILLE, ECORSE, CANTON, TRENTON, GROSSE POINTE, RIVERVIEW, NORTHVILLE TOWNSHIP, GROSSE ILE, GROSSE POINTE, INKSTER, HAMTRAMCK, SUMPTER, NORTHVILLE, GROSSE POINTE PARK, RIVER ROUGE, PLYMOUTH, HIGHLAND PARK.

Macomb County had the same fate – across the board price drops.  The only area that bucked the system is Washtenaw, according to assessors was Ann Arbor and York Townships – up 1 percent per this report by AnnArbor.com.  I wonder how that could be?   Want to know what your Washtenaw County property is worth?

Take a look at what’s happening in Dexter, Michigan during the month of February!
For your Dexter Real Estate Search, click here.

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2/7/2010

VILLAGE OF DEXTER – DEXTER HOCKEY TEAMS EVENT

There will be a Skate event with the Dexter Hockey Teams. Hockey players will come out to the rink to promote their teams and give the community an opportunity to check out their hockey programs. There will be a bake sale, hot dogs and hot chocolate available.

Hours: 2:00 PM – 5:00 PM
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2/8/2010 AND 2/22/2010

VILLAGE OF DEXTER – VILLAGE COUNCIL MEETING

Occurs the Second and Fourth Monday of every 1 month starting 1/9/2006 until 12/27/2010 from 7:30 PM

Hours: 7:30 PM

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2/16/2010

VILLAGE OF DEXTER – PARKS COMMISSION MEETING

Occurs the Third Tuesday of every 1 month starting 12/18/2007 until 12/21/2010 from 7:00 PM to 9:00 PM

Hours: 7:00 PM – 9:00 PM
Directions: Second Floor of National City Bank
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Click Here to view a calendar which features all of the Events
and Activities occurring in the Village of Dexter!

Related Links
Ann Arbor Community Events and Entertainment for January
Dexter Real Estate

Click here to search all Ann Arbor area Michigan homes
and condos with pictures and tours – FREE!

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

9344 Talladay, Willis

SIT ON YOUR 20X10 COVERED PORCH & ENJOY ANN ARBOR REAL ESTATE – LINCOLN SCHOOLS UNDER THE STARS & COUNTRY QUIET. LOVELY 1999 RANCH WITH DECK, SOARING VOLUME CEILINGS PROVIDE SPACIOUS FEELING, LUXURIOUS MASTER WITH DUAL SINKS AND LARGE SOAKING TUB, CENTER ISLAND KITCHEN WITH AMPLE CABINETS, COUNTER SPACE, AND STORAGE, ONE LOOK AND YOU WILL FALL IN LOVE WITH ANN ARBOR REAL ESTATE – LINCOLN SCHOOLS. 30X40 POLE BARN, CONCRETE FLOOR, 220 ELECTRIC FOR TOYS & HOBBYIST., BASEMENT PREPPED FOR WALK OUT W/ EGRESS WINDOWS

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See Extra Photos  for 9344 Tallday
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Looking for more Listings in Ann Arbor, Michigan?
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Additional ANN ARBOR AREA REAL ESTATE Listings

Ann Arbor Real Estate Podcast for January 2010:

This month’s edition covers Ann Arbor real estate market activity and then we’ll share why this is a good time to promote mortgage pre-approval, home inspections, and offer contingencies.

Features special guest Terri Murphy of US Learning.

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It is hard to believe that January is already behind us and although there will be six more weeks of winter, we can all feel change in the air. Ann Arbor is an amazing place to be, there is so much diversity in the culture, restaurants, arts and entertainment. Do you feel as though you are “stuck in a rut”? Doing the same things, going to the same events and eating at the same restaurants. Are you looking for new and different experiences? Below, find highlights for a few of the events that I found interesting for the month of February. Try something new and exciting, then let me know how it was! ___________________________________________________________________________________________________________

2/4/2010

CHRISSY BURNS
Looking at the world as a big buffet, Chrissy Burns helps herself to an oversized portion of laughter. Audiences delight in getting to know this full-figured gal as she regales them with stories of dieting, dating and true life experiences. A true road-comic, Chrissy can be found performing at bars, nightclubs or anyplace with a stage & microphone. She’s a favorite at US military bases and performs regularly at The Tropicana Casinos in Las Vegas and Atlantic City. As a confident, rubenesque woman Chrissy Burns believes in using her comedy to break stereotypes. And as a cancer survivor Chrissy brings to the stage a funny, heart-felt message about the power of laughter. Beyond the live comedy stage, Chrissy appears in the documentary film, “Be Funny.” Chrissy’s CD “Soul Music” is played on XM Satellite Radio. And Chrissy’s outrageously funny road story, “Follow That” can be found in the Random House book, “I Killed – True Stories of the Road from America’s Top Comics.” One of Chrissy’s greatest joys is being onstage, making audiences laugh. Come giggle along with this inspirational lady and get to know the copious comedian who has made an impressive, indelible mark on today’s comedy scene.

Hours: 8:00pm
Cost: $7 in advance or $9 at the door

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2/13/2010

CHOCOLATE EXTRAVAGANZA IN DOWNTOWN CHELSEA BACK BY POPULAR DEMAND
What is sweet, passionate, and brings good luck? The Chocolate Extravaganza in downtown Chelsea! This popular event to indulge in all things chocolate-y is back with additional events and treats to celebrate both Valentine’s Day and the Lunar New Year, the year of the Tiger. Bring a loved one to downtown Chelsea on Saturday, February 13th, to shop, eat, and “experience” chocolate. Participating stores throughout Chelsea will offer free chocolate tasting, sales on chocolate-themed merchandise, and family fun activities.

Hours: 10:00am – 5:00pm
Cost: FREE!

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2/19/2010

ARTINI MARTINI CRAWL
Ar-ti-ni (ahr-tee-nee) – An artistically crafted, locally mixed martini. Following the phenomenal success of last year’s inaugural Artini Martini Crawl, Artini 2010 will once again challenge some of Ann Arbor’s finest downtown restaurants to create the most artful martini.

Starting at 6 p.m., participants will taste the carefully crafted creations at each of the participating locations and will vote on their favorite at an after party. The Artini Artists are from The Black Pearl (the 2009 winner), Goodnite Gracie, Melange, Rush Street and Vinology. Café Felix will host the after party starting at 10 p.m.

Hours: 6:00pm-11:00pm
Cost: $35 – $45

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2/20/2010 – 2/21/2010

THE ARK’S 23RD ANNUAL STORYTELLING FESTIVAL
Each year The Ark brings audiences along on a journey to the land of the mind’s eye with our February Storytelling Festival, featuring talespinners from far and wide. This year’s headliners bring diversity, interactivity, and plenty of humor.

African-American Illinois storyteller Linda Gorham energizes her audiences by using movement, humor, and sometimes zaniness as she tells multicultural folktales updated with attitude! Her stories amuse, stimulate, and make you laugh out loud.

Charleston, West Virginia storyteller Bil Lepp describes himself as a “liar,” and in fact he got his start when he won the West Virginia Liars Contest in 1990, picking up a hundred dollars and a golden shovel for his efforts.

Yvonne Healy and Darryl Mickens fill the bill for an event that’s one of southeast Michigan’s hidden gems

Hours: Saturday at 7 p.m., Sunday at 1 p.m.
Cost: $20/Sat. and $10/Sun

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Above was a sampling of the activities occurring in our community during the month of February. Please be sure to check out one of the many events being held during the month and have good time.

To view the Ann Arbor Area Convention and Visitors Bureau,
click here and choose your own criteria and dates.

Click here to search all Ann Arbor Area Michigan
homes and condos with pictures and tours – FREE