Area Information
Country French Estates
Country French Estates
| Price Range: | $200,000 - $350,000 |
| Sqft: | 1500 - 3000 |
| City: | Ann Arbor |
| State: | Michigan |
| Zip: | 48103 |
| Ann Arbor: | Yes |
Full Details
Country French Estates is an Ann Arbor Subdivision with a European Flair!
Country French Estates subdivision combines European traditions with modern amenities, offering its residents a community centered lifestyle. A 'town square' park is at the center of the neighborhood and features a large gazebo for gatherings, a playground, and child size soccer field. Located on the west edge of Ann Arbor, in popular Scio Township, just minutes from downtown Ann Arbor and with direct access to I-94 which is ideal for commuters traveling to Jackson, Metro Detroit, and Toledo. Residents of Country French Estates sub can also walk to shopping, including Meijers, banking, and numerous restaurants. Lowe’s is located about 1 mile away and you are also very close to the prestigious Polo Field Golf Course.
Market Update as of May 28, 2010
Like the rest of the Ann Arbor real estate market, Country French Estates has seen a significant decrease in property values over the past several years. From 2005 - 2008 we saw values drop by 27% when looking at price per Square Feet. The good news is that from 2008-2009 we saw prices increase by 7.7% and YTD for 2010 we have seen an additional 5.6% increase in values in Country French Estates. Across the board in the Ann Arbor real estate market,we are seeing a leveling off of prices under $400,000 and all the signs point to upward pressure on pricing.
| COUNTRY FRENCH | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 YTD |
| Units Sold | 6 | 10 | 16 | 15 | 12 | 6 |
| Avg Sales Price | $310,583 | $324,535 | $271,112 | $253,700 | $242,844 | $245,033 |
| Price/SF | $160.68 | $144.32 | $132.32 | $117.37 | $126.25 | $133.09 |
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