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By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
Cottonwood is a great community located alongside the Huron River in the popular Village of Dexter, Michigan. Constructed back in the late 1970′s, Cottonwood is nestled in a quieter part of Dexter alongside the Huron River, this development of 42 units offers two and four bedroom floorplans on 1.5 and 2 story units. The community is well maintained and manicured thanks to an active community association. Prices for units n Cottonwood are between $135,000 and $160,000 and have plenty of storage space thanks to a large attached garage. Living in Cottonwood means that you get the benefits of a country style setting in Dexter while having the bonus of being close to Ann Arbor. Parents will be delighted to know that their children in Cottonwood, Dexter near Ann Arbor, MI attend acclaimed Dex...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
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 Note there are 36 withdrawn and 12 expired listings. The withdrawn listings have a list price per square feet of $194.21.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. ...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
I can’t believe that I missed posting the previous market data. So here is what was happening in the Dexter Real Estate market. The first chart shows months supply of inventory rising which always happens in each spring/summer market. The second chart shows days on market down by 24 percent. Again no surprise here since houses sell faster in the summer months. The third chart shows inventory rising from January. The number of new listings from May 08 to May 09 is reduced which is great news toward stabilization. The fourth chart indicates an overall trend of reduced number of houses over the last year. However the sold units are also down from May 08 to May 09 by 25%. The last chart indicates that summer prices rise (they always do) and in fact the sold prices were up 22 percent May 0...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
The Dexter Real Estate market has 202 homes for sale ranging in price from $1,595,000 to $49,000. The sold data indicates (based on limited sample size of 9 ) that the average sold price increased from the previous month. The highest list price was $730,000 and sold price of $730,000 with corresponding highest days on market of 228 days. We sold 8530 Cedar Hills for $495,000. All Dexter homes sold in 2009 are reported below: Dexter MI Real Estate Market Update / Sold Properties The 2 year trend line below indicates sales prices are declining. There is downward pressure from the attractive prices of foreclosures and short sales. Based on the amount of inventory that is being put on the market which happens seasonally, there is still an abundance of competing homes. Once the gap between ...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
I recently listed a house in Dexter. The competition and list price per square feet is below in an excel spread sheet. We had feedback from 3 out of 5 showings, awaiting feedback from showings 4 and 5 from the previous day. The Seller asked, are we priced right? I suggested we get the feedback from the showings and visit. The exterior and interior condition is perfect, rated 1. Based on this graph from SHIFT, they need to be in the lower 33 percent of the comparable homes to get the offer. So I will have the dialogue to discuss their pricing options based on their motivation……wish me luck.What would you do? Address List Price SqFt +- Sqft Remarks Orig List Price Basement Basement Garage ML # LP/SqFt Cond 3178 FIELDSTONE 275,000 3264 PER ASSESSOR 300,000 FUL DAY 3C 2901179 84.252 1 73...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
Insider Deal of the Week: Vacant Lot $30,000 Dexter Schools, Paved Road, Low Hamburg Township taxes ,cuk de sac. Seller says they have buyer for their house and want the neighboring lot sold. You pick your own perk spot and pay for that. This was originally listed for $60,000 MLS#: 2805885 $60,000 Ar: 21 / Dexter Cmty LF: VAC List Type: ERTS Zone: RES Lk: Deed: WARR WtF: Gas: Street Sew: Septic WtTp: Wtr: Well Swk: N Stm: N C&G: N Fin: Not Assumable Pav: Y Trms: Cash El: DEXTER Bus: Y JH: DEXTER Bus: Y HS: DEXTER Bus: Y Sev: $30,000 Yr: 07 Tax Val $22,025 Sum Tax $209 Yr: 07 Win Tax $413 Yr: 07 0 REBECCA Road: PUB TC: 1533300050 C/T: HAMBURG (T) BC: 0091 Zip: 48189 Cnty: LIVINGSTON User Name: TOTHKAT103 Between: OFF STRAWBERRY LAKE RD Acres: 1.04 Lot: 223X208X223X Faces: North Soil Eva...
By Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team
(Ann Arbor Market Center Keller Williams)
8230 Cypress Way Bedrooms: 4 Bathrooms: 2.1 Square Feet: 2,705 Pristine beauty in charming colonial. Come home to comfort and relax in the large family room. Expansive kitchen, dining room and 1st floor study. Master bedroom on 2nd floor, situated for privacy, has master bath and walk-in closet. Loft creates space for play or relaxing. Warm and striking decor is the focus of this spacious home. Beautiful landscaping sets this home apart from the rest. Community includes clubhouse and pool. Close to Dexter, Chelsea and Ann Arbor. Related Links: Click Here For More Information on 8230 Cypress Visit our website for an in-depth property detail page Looking for more Listings in Ann Arbor, Michigan? Please visit our website for a complimentary MLS search Additional Ann Arbor Area Listings: 55...