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Crystal Springs ~ Kentwood Absorption Report February 2009
Crystal Springs Development in Caledonia, Michigan is a large, residential
suburban housing development that was started in the late 1980′s and
most construction was finished in the 1990′s although some newer homes
have been built since 2000. There are also a few vacant lots left to develop.
This development covers a large area around the Stonewater Golf Course
at Crystal Springs south of 68th Street to 72nd Street and encompassing
Kalamazoo Avenue on the east and west. This development has single
family homes and condos, many located right on the Stonewater Golf Course.
The public school system is Kentwood, even though the address is Caledonia.
Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,
Kentwood High School, and a short hop to M-6, which is the south beltline for
the Greater Grand Rapids area connecting US 131 on the west and I96 on the
east side of the city.
August 2009 Real Estate
Residential Market Report
Crystal Springs Neighborhood
Active Listings: 23 Active Listings
Average Price: $252,374
Price per Sq Ft: $105.83 (Main Floor only)
Average days on the Market: 172
PENDING: 6 homes
SOLD: 12 Sold Homes
Average Price: $ 245,825
Average Price Per Sq Ft: $ 95.77 (Main floor only)
Average Days on the Market: 155
Absorption Rate for Crystal Springs Listings is 5 months for the
current housing inventory. If no other homes enter the market,
it will take 5 months for the current homes to sell at the current
rate of sales.
Crystal Springs Homes that are priced competitively are selling.
As you can see by the statistics, the homes that have their price
per square foot around $100 are selling.
Sales have started to rebound in this neighborhood from last
year’s abysmal rates. Prices remain steady and haven’t fallen
this summer.
Watermark CC purchases Crystal Springs GC
Crystal Springs GC has a new look & a new name
Caledonia Michigan Real Estate Reports
Kentwood Michigan Real Estate Reports
If you would like additional information about Caledonia
or Kentwood Homes, please contact me directly at
1-888-240-1968 ext 0
Grand Rapids Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
Taste of Downtown, Family Festival (w kids activities), & Fireworks
Labor Day weekend has a lot in store for families here in Grand Rapids.
Celebration on the Grand is hosting free outdoor concerts, Sept 10-12.
Free Performances by:
Thursday, September 10th, 2009 – Rosa Parks Circle
- Emerson Drive
- Union Guns
- Bill Kirchen of Commander Cody
- Love & Theft
Friday, September 11, 2009 – Rosa Parks Circle
- Spencer Mulder
- Hank Mowry
- R.B. & Company
- Esparza Blues Experience
- Lynn Thompson Band
- 9:30 Fireworks
- 10:00 PM Jimmie Stagger
Ah-Nab-Awen Park
- 5 pm Ralston Bowls
- 5:45-6:30 Nomad Willy
- 6:45 – 7:45 pm Glean Infusion (Jason Wheeler)
- 8:00-9:30 pm – Organissimo
Saturday September 12, 2009
Monroe Center – Grand Valley Corvette Club Car Show
Rosa Parks Circle
- Taste of Downtown
- School of Rock
- Left Hand Daisy
- Rockit King
- Midlife Crisis
- Concussions
- Edgar Winter
- KC & The Sunshine Band
Ah-Nab-Awen Park
3pm – Family Festival includes Face Painting,
Temporary Tattoos, Crafts Games
Dusk – Feature Film on an outdoor big screen ( weather permitting)
