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Forest Hills Michigan Waterfront Homes June 2010
Current market conditions have brought home prices down
to levels we haven’t seen in many years. All price levels
and market sectors have been affected.
Now is a great time to purchase a Waterfront Home.
We have a list of 38 homes with private water frontage,
and over 25% of them are under $300,000.
2780 Thornapple River Dr $ 189,900
3557 Tricklewood Dr $ 280,000
7180 Cascade Rd SE $ 324,900
7474 Alaska Rdg SE $ 335,000
8585 Lilly Ridge Dr SE $ 349,500
6727 Burger Dr SE $ 399,000
3468 Goodwood Dr SE $ 412,800
4061 Maracaibo Shores Dr $ 425,000
3010 Thornapple River Dr $ 425,900
1875 Forest Shores Dr SE $ 475,000
2561 Cascade Springs Dr SE $ 488,000
2850 Foxfire Ln SE $ 499,900
2278 Thornapple River Dr $ 535,000
7436 Ventura Dr SE $ 575,000
2515 Cascade Springs Dr SE $ 585,000
1041 Thornapple River Dr SE $ 594,500
3402 Goodwood Dr SE $ 698,000
7369 Thornapple River Dr SE $ 739,900
7400 Ventura Dr SE $ 749,900
7486 Alaska Rdg SE $ 799,000
4970 Whitneyville Ave SE $ 799,000
8158 Wilderness Trail NE $ 849,000
4095 Reeds Lake Blvd SE $ 999,900
2465 Cascade Springs Dr SE $1,175,000
7303 Grachen Dr SE $1,385,000
7421 Kenrob Dr SE $1,440,000
1960 Steketee Woods Ln SE $1,599,000
7101 Gladys Dr SE $1,695,000
5470 Egypt Valley Blvd $1,750,000
4069 Reeds Lake Blvd $1,790,000
If a leisure lifestyle appeals to you, this may be the perfect time
to make your move. I am always available for questions or details
concerning Michigan waterfront real estate.
1-888-240-1968 X 6 Ask for Terry
Grand Rapids Real Estate ~ Westbrook Realty
Copyright 2010 All rights reserved
Grand River photo by Bonnie Westbrook
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
We have gathered a list of the Top Best Buy Caledonia Michigan
Houses to buy based on price per square foot. Price per square
foot is a great leveler. If two similar homes are listed at similar prices,
their price per square foot should be similar. The price should
reflect the interior finish of the home.
For example, if it has crystal chandeliers,marble tile, & a new
kitchen, this would be more per square foot than a home that
still has the 1970’s decor and/or is in derelict condition.
Please note that this list can change daily as some homes
sell, prices are adjusted and other homes come on the market.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
Caledonia Public Library
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
Lowest price/Sq Ft range from $38.68 to $89.29 in Caledonia.
May 2010 TOP BEST BUY Caledonia MI Homes
Highest list price is $320,000 Lowest list price is $62,000
The Top 25 Caledonia Homes to Buy by Price/Square Foot:
6919 Hammond Ave $ 62,000 1603 Sq Ft $38.68/SqFt
6658 Hanna Lake Ave $ 75,000 1612 Sq Ft $67.45/SqFt
8935 Croniger St SE $80,000 1325 Sq Ft $83.33/SqFt
8601 Acorn St $ 84,900 998 Sq Ft $85.07/SqFt
3526 68th St SE $ 89,900 1140 Sq Ft $78.86/SqFt
513 Kinsey Ave SE $104,900 1242 SqFt $84.46/SqFt
2100 92nd St SE $109,500 1300 Sq Ft $84.23/SqFt
401 Emmons St SE $119,900 1578 Sq Ft $75.98/SqFt
7050 84th St SE $125,000 1400 Sq Ft $89.29/SqFt
213 Johnson St SE $129,900 1942 SqFt $66.89/SqFt
8956 Braden St SE $129,900 1619 Sq Ft $80.23/SqFt
3009 76th St SE $129,900 1650 Sq Ft $78.73/SqFt
328 E Main St SE $132,000 1680 SqFt $78.57/SqFt
1648 Crescent Pointe $144,900 2047 Sq Ft $70.79/SqFt
4508 Rolling Ridge Dr $148,326 2070 Sq Ft $71.66/SqFt
308 Elm St SE $149,500 2907 Sq Ft $83.19/SqFt
429 Emmons St SE $149,500 2370 Sq Ft $74.82/SqFt
6101 N Costner Ct SE $159,900 1926 Sq Ft $83.02/SqFt
444 Green Ridge Dr $160,000 2140 Sq Ft $74.77/SqFt
9615 Scotsmoor Dr SE $164,900 2140 SqFt $77.06/SqFt
8706 Alaska Ave SE $169,900 3121 Sq Ft $54.44/SqFt
327 Johnson St $178,500 3000 Sq Ft $59.50/SqFt
9585 Kalamazoo Ave $198,500 2500 Sq Ft $79.40/SqFt
323 Johnson St SE $212,900 3800 Sq Ft $73.59/SqFt
8909 Kraft Ave SE $320,000 4617 Sq Ft $69.31/SqFt
With only 5 homes priced under $100K, we are starting
to see prices on the way up, so if you have been waiting
for the best time to buy in Caledonia, don’t wait much longer.
The Buyers Tax Credit has expired for First Time Buyers &
homeowners who have lived in their homes for the past 5 of
8 years. This tax credit is still available for military who have
been serving overseas and unable to take advantage of the
tax credit.
NOW is the best time to buy a Caledonia home, interest rates
are low and inventory is still high.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Caledonia Michigan Real Estate Articles
If you would like to see a Caledonia Top Best Buys Home, please
contact me: 1-888-240-1968 ext 0
or email me at terry@terrywestbrook.com
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_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Crystal Springs ~ Kentwood Absorption Report August 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.
Jan-April 2010 Real Estate
Residential Market Report
Crystal Springs Neighborhood
Active Listings: 17 Active Listings
Average Price: $261,665
Price per Sq Ft: $118.55 (Main Floors only)
Average days on the Market: 107
PENDING: 6 homes
SOLD: 9 Sold Homes
Average Price: $ 195,032
Average Price Per Sq Ft: $ 94.53 (Main floors only)
Average Days on the Market: 164
Absorption Rate for Crystal Springs Listings is 4.5 months for the
current housing inventory. If no other homes enter the market,
it will take 4.5 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, most of the homes that have their
price under $100/square foot are selling. Sales have started to
rebound in this neighborhood from the last few years abysmal rates.
Although on the downside, the average sold price has fallen another
8 % since 2009.
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 6
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The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
The Quail Crest Condo development is located west of Spaulding
and north of Burton Street in Cascade Township. There is an
entrance off Spaulding Avenue and off Burton Street. This condo
development was started in the late 1980′s and continued building
into the current phase.
The condos are spacious with cathedral ceilings and many have
finished lower levels with extra bedrooms and baths. This area
has been very attractive for retirees, as they are close to all the
local amenities and shopping but no house maintenance.
Forest Hills Public Schools are the school district,
Watermark Country Club, Forest Hills & 28th Street shopping are
a short distance away. The miles of Cascade-Ada Bike/Walking Trail
connects to downtown Cascade, downtown Ada, and 28th St.
Quail Crest Condominiums Real Estate Market Report
Jan-April 2010
6 For Sale, 0 Pending, 1 Sold, 3 Expired
Quail Crest Condos Active Listings: 6
Quail Crest Condos Average Active Price – $273,300
Quail Crest Condos Average Active Price/SqFt – $ 170.06
Quail Crest Condos Average Active days on market – 82
Quail Crest Condos Sold Listings: 1
Quail Crest Condos average sold price – $132,900
Quail Crest Condos average sold price/SqFt – $ 106.92
Quail Crest Condos average days on market – 83
The absorption rate for Quail Crest Condos is 18 months, which
means if no new listings come on the market, it will take 18 months
for the current inventory of homes to sell at the current rate of sales.
This is high for the Grand Rapids Market. The average sold price
and the price per square foot for the one home that sold is much
lower than last year’s sold price average of $ 175,000.
We have seen some sellers renting instead of selling, waiting for a
return to a seller’s market. That may be the route to take, if you can
play the role of landlord successfully.
Forest Hills MI Real Estate Market Report
If you have further questions about Grand Rapids or
Cascade MI Condos, please contact me directly. We can
also have these monthly market reports emailed to your
inbox, just contact us.
photo of Quail Crest Entrance by Bonnie Westbrook
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_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, theGreater Grand Rapids MI area, and what it is like to live in West Michigan.Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
We have gathered a list of the TOP Caledonia Michigan Houses to buy,
based on price per square foot. Price per square foot is a great leveler.
If two similar homes are listed at similar prices, their price per square foot
should be similar. The price should reflect the interior finish of the home.
For example, if it has crystal chandeliers,marble tile, & a new kitchen, this
would be more per square foot than a home that still has the 1970’s decor
and/or is in derelict condition.
Please note that this list can change daily as some homes
sell, prices are adjusted and other homes come on the market.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
Caledonia Public Library
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
Lowest price/Sq Ft range from $40.17 to $87.68 in Caledonia.
April 2010 TOP BEST BUY Caledonia MI Homes
Highest list price is $249,000 Lowest list price is $69,900
The Top 22 Caledonia Homes to Buy by Price per Square Foot:
10464 Patterson Ave $ 69,900 1740 Sq Ft $40.17/SqFt
4823 84th St SE $ 74,900 1020 SqFt $73.43/SqFt
8601 Acorn St $ 84,900 998 Sq Ft $85.07/SqFt
3526 68th St SE $ 89,900 1140 Sq Ft $78.86/SqFt
2100 92nd St SE $111,900 1300 Sq Ft $86.08/SqFt
9628 Morse Lake Ave $117,000 2751 Sq Ft $49.79/SqFt
401 Emmons St SE $119,900 1578 Sq Ft $75.98/SqFt
213 Johnson St SE $129,900 1942 SqFt $66.89/SqFt
8956 Braden St SE $129,900 1619 Sq Ft $80.23/SqFt
3009 76th St SE $129,900 1650 Sq Ft $78.73/SqFt
1648 Crescent Pointe $144,900 2047 Sq Ft $70.79/SqFt
4508 Rolling Ridge Dr $148,624 2070 Sq Ft $71.80/SqFt
308 Elm St SE $149,500 2907 Sq Ft $83.19/SqFt
429 Emmons St SE $149,500 2370 Sq Ft $74.82/SqFt
444 Green Ridge Dr $160,000 2140 Sq Ft $74.77/SqFt
7575 E Morgan Lane $164,500 2070 Sq Ft $79.47/SqFt
8706 Alaska Ave SE $169,900 3121 Sq Ft $54.44/SqFt
327 Johnson St $178,500 3000 Sq Ft $59.50/SqFt
9585 Kalamazoo Ave $198,500 2500 Sq Ft $79.40/SqFt
6812 60th St SE $212,000 2418 Sq Ft $87.68/SqFt
323 Johnson St SE $212,900 3800 Sq Ft $73.59/SqFt
9555 Kraft Ave SE $249,000 3216 Sq Ft $77.43/SqFt
Four homes priced under $100K, we are starting to see prices
on the way up, so if you have been waiting for the best time
to buy in Caledonia, don’t wait much longer.
The Buyers Tax Credit is still available for First Time Buyers and
homeowners who have lived in their homes for the past 5 of
8 years. This tax credit will expire on April 30th, 2010. We don’t
expect it to be renewed and interest rates will likely go up.
NOW is the best time to buy a Caledonia home.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Caledonia Michigan Real Estate
If you would like to see a Caledonia Top Best Buys Home, please
contact me: 1-888-240-1968 ext 0
or email me at terry@terrywestbrook.com
Share this post :
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Current Caledonia MI Absorption Report
Absorption rate for Caledonia MI Market is currently 4.6 months,
which means if no other homes come on the market, it will take
4.6 months for the current inventory to sell at the current
sales rate. This stat is down by one third+ less than last year’s figure.
We are seeing a definite upturn in sales in Caledonia homes and
sell times are currently returned to a “normal” range of 3-6 months.
There are 125 current active listings, from $77,900 to
$1,195,000 in Caledonia MI.
Current average Caledonia home listed price is much higher
[about $297,773] than the average sold price [$166,914].
37 Pending Home Sales, and 44 Sold Homes since Jan 1, 2010.
The average sold price/Square foot is $ 92.89
Sold High $425,000 Sold Low – $57,400
There are 3 homes in million dollar+ range listed, so this skews
the figures somewhat in the upper home price brackets.
The Caledonia market has been busy so far this year; buyers
bought 6 homes under $100K, the majority of homes purchased
were between $100-200K.
Currently, there are only 9 homes listed under $100K, 39 homes
listed between $ 300K-999,999K, and that means that 77 homes
are listed between $100K and 299,999K, many opportunities
in the middle brackets to own a home in Caledonia.
With interest rates bound to rise, buying now could save you
thousands of dollars over the life of your mortgage.
If you have any questions about Caledonia or Grand Rapids MI
homes,please contact me directly through my web site.
Grand Rapids Real Estate ~ Westbrook Realty
Copyright 2010 All rights Reserved
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_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
We have gathered a list of the TOP Caledonia Michigan Houses to buy,
based on price per square foot. Price per square foot is a great leveler.
If two similar homes are listed at similar prices, their price per square foot
should be similar. The price should reflect the interior finish of the home.
For example, if it has crystal chandeliers,marble tile, & a new kitchen, this
would be more per square foot than a home that still has the 1970’s decor
and/or is in derelict condition.
Please note that this list can change daily as some homes
sell, prices are adjusted and other homes come on the market.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
Lowest price/Sq Ft range from $31.04 to $88.20 in Caledonia.
March 2010 TOP BEST BUY Caledonia MI Homes
Highest list price is $249,000 Lowest list price is $34,800
The Top 22 Caledonia Homes to Buy by Price per Square Foot:
105 Johnson St SE $ 34,800 1121 Sq Ft $31.04/SqFt
8585 Acorn Ave SE $ 49,900 1282 Sq Ft $38.92/SqFt
3526 68th St SE $ 89,900 2247 Sq Ft $78.86/SqFt
2100 92nd St SE $114,000 1300 Sq Ft $87.69/SqFt
215 Elm St SE $114,999 1318 Sq Ft $87.25/SqFt
401 Emmons St SE $119,900 1578 Sq Ft $75.98/SqFt
9628 Morse Lake Ave $127,000 2751 Sq Ft $54.04/SqFt
3009 76th St SE $129,900 1650 Sq Ft $78.73/SqFt
8530 Garbow Dr $129,900 2050 Sq Ft $86.60/SqFt
213 Johnson St SE $131,900 1942 SqFt $67.92/SqFt
8956 Braden St SE $134,900 1619 Sq Ft $83.32/SqFt
1648 Crescent Pointe $144,900 2047 Sq Ft $70.79/SqFt
4508 Rolling Ridge Dr $148,624 2070 Sq Ft $71.80/SqFt
308 Elm St SE $158,500 2907 Sq Ft $88.20/SqFt
444 Green Lake Dr $160,000 2140 Sq Ft $74.77/SqFt
7575 E Morgan Lane $164,500 2070 Sq Ft $79.47/SqFt
8706 Alaska Ave SE $174,900 3121 Sq Ft $56.04/SqFt
327 Johnson St $178,500 3000 Sq Ft $59.50/SqFt
9585 Kalamazoo Ave $209,900 2500 Sq Ft $83.96/SqFt
6812 60th St SE $212,000 2418 Sq Ft $87.68/SqFt
323 Johnson St SE $212,900 3800 Sq Ft $73.59/SqFt
9555 Kraft Ave SE $249,000 3216 Sq Ft $77.43/SqFt
Only 3 homes priced under $100K, we are starting to see prices
creep up, so if you have been waiting for the best time to buy
in Caledonia, don’t wait much longer.
The Buyers Tax Credit is still available for First Time Buyers and
homeowners who have lived in their homes for the past 5 of
8 years. This tax credit will expire on April 30th, 2010. We don’t
expect it to be renewed and interest rates will likely go up.
NOW is the best time to buy a Caledonia home.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Caledonia Michigan Real Estate
If you would like to see a Caledonia Top Best Buys Home, please
contact me: 1-888-240-1968 ext 0
or email me at terry@terrywestbrook.com
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_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
We have gathered a list of the TOP Caledonia Michigan Houses
to buy, based on price per square foot. Price per square foot
is a great leveler. If two similar homes are listed at similar prices,
their price per square foot should be similar. The price should reflect
the interior finish of the home. For example, if it has crystal chandeliers,
marble tile, & a new kitchen, this would be more per square foot than
a home that still has the 1970’s decor and/or is in derelict condition.
Please note that this list can change daily as some homes
sell, prices are adjusted and other homes come on the market.
Check back often or just subscribe to our blog to get
up-to-date local real estate information that you want to know.
The total square footage is noted here, although only the
main floors are used to figure price per square foot.
Lowest price/Sq Ft range from $39.96 to $89.49 in Caledonia.
January 2010 TOP BEST BUY Caledonia MI Homes
Highest list price is $249,000 Lowest list price is $44,800
The Top 19 Caledonia Homes to Buy by Price per Sq Foot:
105 Johnson St SE $ 44,800 1121 Sq Ft $39.96/SqFt
3940 68th St SE $ 70,000 2247 Sq Ft $59.52/SqFt
8585 Acorn Ave SE $ 87,900 1282 Sq Ft $68.56/SqFt
7221 Kettle Lake Dr $106,900 1782 Sq Ft $59.99/SqFt
9628 Morse Lake Ave $132,000 2751 Sq Ft $56.17/SqFt
213 Johnson St SE $134,900 1942 SqFt $69.46/SqFt
6606 Buttrick Ave $139,876 2674 Sq Ft $88.08/SqFt
1648 Crescent Pointe $144,900 2047 Sq Ft $70.79/SqFt
4508 Rolling Ridge Dr $148,624 2070 Sq Ft $71.80/SqFt
1616 Crescent Pointe $158,500 2174 Sq Ft $72.91/SqFt
308 Elm St SE $158,500 2907 Sq Ft $88.20/SqFt
327 Johnson St $178,500 3000 Sq Ft $59.50/SqFt
8845 Whitneyville Ave $179,800 3000 Sq Ft $81.73/SqFt
8563 Haystack Rd SE $189,000 2112 Sq Ft $89.49/SqFt
8706 Alaska Ave SE $189,900 3121 Sq Ft $60.85/SqFt
7328 Patterson Ave $190,000 3227 Sq Ft $76.71/SqFt
8860 Vincent Ave SE $236,772 4272 Sq Ft $55.42/SqFt
10441 E Rivershore Dr $239,900 3095 Sq Ft $77.51/SqFt
9555 Kraft Ave SE $249,000 3216 Sq Ft $77.43/SqFt
Only 3 homes priced under $100K, we are starting to see prices
creep up and inventory go down, so if you have been waiting
for the best time to buy in Caledonia, don’t wait much longer.
The Buyers Tax Credit is available for First Time Buyers and
homeowners who have lived in their homes for the past 5 of
8 years only until April of this year. We don’t expect it to be
renewed and interest rates will likely go up. NOW is the best
time to buy a Caledonia home.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present condition.*
Caledonia Michigan Real Estate
If you would like to see a Caledonia Top Best Buys Home, please
contact me: 1-888-240-1968 ext 0
or email me at terry@terrywestbrook.com
Share this post :
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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Current Caledonia MI Absorption Report
Absorption rate for Caledonia MI Market is currently 7.16 months,
which means if no other homes come on the market, it will take
7.16 months for the current inventory to sell at the current
sales rate. This stat is one third+ less than summer’s figure.
We are seeing a definite upturn in sales in Caledonia homes and
sell times may be returning to a “normal” range of 3-6 months.
There are 123 current active listings, from $49,900 to
$1,100,000 in Caledonia MI.
The current average Caledonia home listed price is much higher
[about $293,852] than the average sold price [$136,037].
25 Pending Home Sales, and 52 Sold Homes since Jan 1, 2009.
The average sold price/Square foot is $ 84.61
Sold High $290,000 Sold Low – $34,000
There are 2 homes in million dollar + range listed, so this skews the
figures somewhat in the upper home price brackets.
The Caledonia market has been busy this year; buyers bought 8 homes
under $100K, the majority were between $100-200K.
Average sold price/square foot and average sold price overall lost
ground this year. There are 14 homes listed under $100K, and lots
of opportunities in the middle brackets to own a home in Caledonia.
With interest rates bound to rise, buying now could save you
thousands of dollars over the life of your mortgage.
If you have any questions about Caledonia or Grand Rapids MI
homes,please contact me directly through my web site.
Grand Rapids Real Estate ~ Westbrook Realty
Copyright 2009 All rights Reserved
Photo of Snow Covered Fir Trees by Bonnie Westbrook
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Crystal Springs ~ Kentwood Absorption Report August 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.
Jan-Dec 2009 Real Estate
Residential Market Report
Crystal Springs Neighborhood
Active Listings: 12 Active Listings
Average Price: $255,916
Price per Sq Ft: $101.86 (Main Floor only)
Average days on the Market: 143
PENDING: 2 homes
SOLD: 33 Sold Homes
Average Price: $ 216,674
Average Price Per Sq Ft: $ 92.91 (Main floor only)
Average Days on the Market: 107
Absorption Rate for Crystal Springs Listings is 4.3 months for the
current housing inventory. If no other homes enter the market,
it will take 4.3 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
under $100/square foot are selling. Sales have started to rebound in
this neighborhood from last year’s abysmal rates. Although on the
downside, the average price has fallen another 13% since 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
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan.
Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities,plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
GRMiRealEstate's Weblog 