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An article in CNNMoney.com says home sale contracts have risen for the

8th consecutive month.  Most of this activity is attributed to the first

time home buyer tax credit.  NAR [National Assoc of Realtors] released

September figures that homes sales spiked 6.1% in August, the index’s

highest level since December 2006.

Just how is Grand Rapids doing?  With one of the highest unemployment

figures in the country, and home foreclosures only second to Nevada,

let’s see how Grand Rapids is faring in home sales so far this year.

 

downtown alley VanAndel Arena

 

Greater Grand Rapids Area Home Sales  2009

 

  • January        324
  • February       401
  • March           507
  • April             606
  • May              532
  • June            707
  • July              703
  • August         635
  • September   606 
  • October        612

          Total           5633

Jan – Oct Homes Sales 2008 = 5205

Jan – Oct Homes Sales 2007 = 5159

Jan – Oct Homes Sales 2006 = 5436

Jan – Oct Homes Sales 2005 = 6305

Well, it looks like the best year for home sales in the Greater Grand

Rapids area since 2005, a record breaking year of home sales.

Signs are good that CNNMoney is right, home sales are doing well

nationally and in Grand Rapids.


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_____________________________________________________________________________

If you are looking for a home in the Grand Rapids Area, we service the following areas: Metro Grand Rapids, Ada-Cascade, East Grand Rapids, Caledonia, Kentwood, Lowell, and Rockford. We have assisted Grand Rapids buy & sell homes for the last 35+ years. Call 1-616-292-7263 to talk with Terry or email him at: terry@terrywestbrook.com.

For MLS access to the homes for sale in the West Michigan Area,visit: Westbrook Realty ~ Grand Rapids Real Estate for a free search.  Your search can be saved and modified as you view homes, with no obligation.

Thinking of selling your home?  We offer one of the most extensive marketing campaigns in Grand Rapids with a major online presence for your home.  With over 85% of buyers looking for homes online, this is where we concentrate our efforts.  Click here to view Terry’s Realtor profile.

Subscribe to our Grand Rapids Michigan Real Estate Blog

Westbrook RealtyGiving You Our Personal Best

We have gathered a list of the top Rockford Houses to buy

based on price per square foot, one of the best ways to sort

through homes for values.

Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Squires st Square Rockford MI

The total square footage is noted here, although only the

main floors are used to figure price per square foot, even if

the basement is finished.

October 2009  32 Top BEST BUY Homes Rockford, Michigan.

The lowest list price is $ 64,900

The highest list price is $369,900

Lowest price/Sq Ft range from $48.80 to $84.16

The Top Rockford Homes to Buy by Price per Square Foot:

 

6485 West River Dr     $64,900      1330 Sq Ft     $48.80/SqFt

159 Cahill Dr               $79,900       1008 Sq Ft    $79.27/SqFt

107 S Main St             $80,000        1530 Sq Ft   $59.22/SqFt

9272 10 Mile Rd         $84,900        1621 Sq Ft    $52.38/SqFt

7730 Belding Rd NE   $87,900        1181 Sq Ft     $74.43/SqFt

 

162 E Division St      $90,000        1782 Sq Ft   $50.51/SqFt

3955 Butternut Dr    $93,600        1184 Sq Ft   $79.05/SqFt

2153 Post Dr NE       $94,900        1281 Sq Ft   $74.08/SqFt

5035 Bear Ave         $99,900        1629 Sq Ft   $61.33/SqFt

125 S Main St           $99,900       1688 Sq Ft    $59.18/SqFt

 

7635 10 Mile Rd NE   $109,900     1832 Sq Ft   $59.99/SqFt

5017 10 Mile Rd NE   $115,000     2016 SQ FT  $57.04/SqFt

7991 Cannonsburg   $130,000      1864 Sq Ft  $69.74/SqFt

4351 Porter Hollow  $134,900     2000 Sq Ft  $67.45/SqFt

10636 Trailside Wds $138,688   1936 Sq Ft   $71.64/SqFt

 

5302 10 Mile Dr        $149,900    1843 Sq Ft   $81.33/SqFt

8596 Sunny Hours    $150,000     4454 Sq Ft  $53.69/SqFt

6868 Peninsula Dr    $154,900    2000 Sq Ft   $77.45/SqFt

6874 Peninsula Dr    $154,900    2000 Sq Ft   $77.45/SqFt

2390 Rogue River     $159,900    1992 Sq Ft   $80.27/SqFt

 

1479 10 Mile Rd       $169,900   2164 Sq Ft   $78.51/SqFt

5645 Ramsdell Dr     $169,900   2300 Sq Ft   $73.87/SqFt

6156 Meadowlark    $169,900   3364 Sq Ft   $75.51/SqFt

6879 Blueridge Dr    $176,900  2800 Sq Ft    $63.18/SqFt

9204 N Division       $179,900    2418 Sq Ft   $74.40 /SqFt

 

5693 Tiffany Ave     $184,900    3488 Sq Ft   $53.01/SqFt

647 Highlander Dr   $189,900    3050 Sq Ft   $62.26/SqFt

7031 Bonaire Ct NE $199,900    3160 Sq Ft   $73.55/SqFt

6754 Blythefield      $200,000    3392 Sq Ft   $82.30/SqFt

6160 Belding Rd       $209,900   2524 Sq Ft   $83.16/SqFt

 

7690 N ArroyoVista  $369,900   4395 SqFt   $84.16/SqFt

7758 Pine Island Ct  $369,900    4395 Sq Ft   $84.16/SqFt

 

There are still bargains to be had in the Rockford area, there

are 10 listings under $100K.   If you are thinking of

buying in Rockford, now is the time to be looking. Prices are

climbing in other areas of the Grand Rapids market. Homes

that are in great condition and priced right are selling quickly.

  "Below tax appraisal" priced homes are disappearing from the

market in some areas of Grand Rapids.

Don’t overlook the $8000 tax credit for first time home buyers

or buyers who haven’t owned a home for the last 3 years, it is

almost to the President’s desk for a signature to extend to

June 2010.

 

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Video Tour

If you would like to view a Rockford Top Best Buys Home,

please contact us 1-888-240-1968 x 0

or email terry@terrywestbrook.com

_____________________________________________________________________________________________________

If you are looking for a home in the Grand Rapids Area, we service the following areas: Metro Grand Rapids, Ada-Cascade, East Grand Rapids, Caledonia, Kentwood, Lowell, and Rockford. We have assisted Grand Rapids buy & sell homes for the last 35+ years. Call 1-616-292-7263 to talk with Terry or email him at: terry@terrywestbrook.com.

For MLS access to the homes for sale in the West Michigan Area,visit: Westbrook Realty ~ Grand Rapids Real Estate for a free search.  Your search can be saved and modified as you view homes, with no obligation.

Thinking of selling your home?  We offer one of the most extensive marketing campaigns in Grand Rapids with a major online presence for your home.  With over 85% of buyers looking for homes online, this is where we concentrate our efforts.  Click here to view Terry’s Realtor profile.

Subscribe to our Grand Rapids Michigan Real Estate Blog

Westbrook RealtyGiving You Our Personal Best

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.

Kentwood High School

                                           October 2009 Real Estate

                                           Residential Market Report

                                           Crystal Springs Neighborhood

 

Active Listings: 17 Active Listings

Average Price: $238,482

Price per Sq Ft: $99.88 (Main Floor only)

Average days on the Market: 148

 

PENDING: 4 homes

 

SOLD: 14 Sold Homes

Average Sold Price: $ 230,946

Average Sold Price Per Sq Ft: $ 95.48 (Main floor only)

Average Days on the Market: 109

Absorption Rate for Crystal Springs Listings is 3.3 months for the

current housing inventory. If no other homes enter the market,

it will take 3.3 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

per square foot around $100 are selling.

Sales have started to rebound in this neighborhood from last

year’s abysmal rates.  Sold prices remain steady and haven’t fallen

this summer or fall, though average list price has shifted downward

about $14K to align with sold prices.

 

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Crystal Springs Home – Sold in 4 days

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

We have gathered a list of the top Grand Rapids Township Houses

to buy based on price per square foot.  An added bonus, these

Grand Rapids Township Homes are in East Grand Rapids or

Forest Hills Public School system.  If you are new to the Grand Rapids

area, Grand Rapids Township taxes are lower than East Grand Rapids,

Grand Rapids, or Ada Township.

**Please note that this list can change daily as some homes sell,

some homes go through a lengthy approval process, 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.

Meijer Gardens Entrance Grand Rapids Township MI

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Grand Rapids Township:

Lowest price per Sq Ft    $43.03

Highest price per Sq Ft   $98.85

September 2009  BEST BUY GR Township Homes

Highest list price is $ 259,900

Lowest list price is  $  59,900

Top Best Buy GR Township Homes by Price per Square Foot:

3426 Nottingham Dr   $ 59,900      1392 SqFt   $43.03/SqFt

3165 Windcrest Dr      $110,000    1209 SqFt    $90.98/SqFt

1890 Leffingwell         $110,900     2128 Sq Ft  $52.11/SqFt

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1787 Park Trl NE          $119,900    1600 Sq Ft  $74.94/SqFt

 

2811 3 Mile Rd NE      $119,900   1257 Sq Ft    $95.39/SqFt

1787 Grand Ct NE       $119,900     1600 Sq Ft  $76.19/SqFt

1773 Park Trl NE         $121,900    1600 Sq Ft   $76.19/SqFt

3333 Park Ridge Ln     $129,500    1600 SqFt    $80.94/SqFt

2847 Winesap Ave      $139,900    1557 Sq Ft   $89.85/SqFt

 

3574 Michigan St NE   $144,900    1470 Sq Ft  $98.57/SqFt

2309 3 Mile Rd NE     $159,900    3340 SqFt    $75.25/SqFt

2870 E Sandrel Ct     $164,900    1780 SqFt    $92.64/SqFt

3206 Oak Hollow Dr   $169,900    2509 Sq Ft   $67.72SqFt

2755 Pinesboro Dr    $169,900    1907 SqFt    $89.09/SqFt

 

2782 Pinesboro Dr    $179,900    2420 SqFt    $98.85/SqFt

150 Morningside Dr  $210,000    2224 SqFt    $94.42/SqFt

2983 Canyonside Ct  $249,900   3748 SqFt    $86.23/SqFt

201 Shore Haven Dr  $249,900   2600 Sq Ft   $96.11/SqFt

2711 Bridge Place Dr  $250,000   2534 Sq Ft  $98.66/SqFt

3348 Oak Hollow Dr   $259,900   3365 Sq Ft   $97.52/SqFt

 

In this area of Grand Rapids, as well as others, there are fewer

really great home bargains on the market. If you have been

waiting for prices to start climbing and inventory to shrink, the

time appears to be here.  List price and price per square foot are

both higher for all homes this month.

We are NOT including Short Sales in our Best Buy List this month.

We feel they are not feasible for most buyers as the time delays in

negotiating with the lenders are running 3-9 months.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

We have gathered a list of the Top Best Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Please note: We will not be including Short Sale Properties

in our lists of Top Best Buys, if stated on MLS.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest prices/Sq Ft range from $30.11to $69.90 n

Kentwood this month.

Homes on the list this month are still at bargain prices, with

most less than $70 a square foot.

Kentwood &  Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas.  Nearly half of

the homes we researched this month were short sale properties

that will be coming on the market in the next 6-9 months as

foreclosure sales.

Short Sales are extremely difficult for most home buyers to

consider as a purchase.  The time alone [3-9 months] of negotiating

with the banks makes it impossible for most buyers to consider.

 

September  2009  20  TOP BEST BUYS in  Kentwood Homes

The lowest list price is $48,800

the highest list price is $179,900

Top Kentwood Homes to Buy by Price per Square Foot:

5545 Kalamazoo Ave   $48,800     848  Sq Ft    $57.55/SqFt

150  58th St SE           $59,900     1007 Sq Ft   $59.48/SqFt

5444 Eastern Ave       $59,900      976 SqFt    $61.37/SqFt

4705 Grantwood Ave  $61,000   1454 Sq Ft    $41.95/SqFt

2102 68th St SE          $65,600    2179 Sq Ft   $30.11/SqFt

 

36 58th St SE          $69.900    1540 Sq Ft    $67.21/SqFt

5891 Pine Vista St    $69,900     1269 Sq Ft    $55.08/SqFt

1124 Wavell St SE      $69,900   1000 Sq Ft   $69.90/SqFt

5916 Pine Vista St    $79,900     1152 Sq Ft   $69.36/SqFt

293 68th St SE         $79,900    1152 Sq Ft   $69.36/SqFt

 

1582 Marwood Dr     $84,900    2047 SqFt   $62.24/SqFt

5900 Brookfarm Dr    $84,900   1416 Sq Ft   $59.96/SqFt

439 Pine Place St      $99,850    1750 Sq Ft   $57.06/SqFt

110 Lurie St SE          $104,900   1627 Sq Ft   $64.47/SqFt

1024 52nd St SE        $115,900   1932 Sq Ft  $59.99/SqFt

 

5800 Buchanan Ave  $139,784    2073 Sq Ft  $67.43/SqFt

5848 Valley Lane Dr   $139,900   2073 Sq Ft  $68.38/SqFt

4546 Torrington Dr    $169,900   2736 Sq Ft  $62.10/SqFt

116 Edsel St St          $ 179,900   3128 Sq Ft  $62.51/SqFt

4533 Middlebury Dr    $179,900   3050 Sq Ft  $61.27SqFt

 

 

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

Westbrook Realty ~ Grand Rapids Real Estate

Copyright 2009 all rights reserved

Call 1-616-292-7263 or email me: terry@terrywestbrook.com

We have gathered a list of the top Rockford Houses to buy

based on price per square foot, one of the best ways to sort

through homes for values.

Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

We will NOT Be listing SHORT SALES on this list, if known.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Gazebo at Pebbles Park

The total square footage is noted here, although only the

main floors are used to figure price per square foot, even if

the basement is finished.

September 2009  23 Top BEST BUY Homes Rockford, Michigan.

The lowest list price is $ 44,900

The highest list price is $369,900

Lowest price/Sq Ft range from $52.76 to $84.16

The Top Rockford Homes to Buy by Price per Square Foot:

179 Hunter’s Lane      $ 44,900        851 Sq Ft    $52.76/SqFt

6731 Boca Vista Dr     $ 64,900       990 Sq Ft     $65.56/SqFt

6905 Northland Dr      $ 64,900        1028 Sq Ft  $63.13/SqFt

6711 Boca Vista Dr     $ 72,900       960 Sq Ft     $75.94/SqFt

6701 Boca Vista Dr    $74,900         960 Sq Ft    $78.02/SqFt

 

6681 Boca Vista Dr    $75,850        960 Sq Ft     $79.01/SqFt

6757 Cannon Ctr        $79,500      1250 Sq Ft   $63.60/SqFt

7730 Belding Rd NE   $87,900       1181 Sq Ft   $74.43/SqFt

218 Hunters Lane     $91,900        1144 Sq Ft   $80.33/SqFt

8825 Castle Hill Dr    $103,500      1641 Sq Ft   $75.88/SqFt

 

3103 13 Mile Rd NE   $106,900     1564 Sq Ft   $68.35/SqFt

5035 Bear Ave          $109,900     1629 Sq Ft   $67.46/SqFt

7635 10 Mile Rd NE   $109,900     1832 Sq Ft   $59.99/SqFt

7006 S Cannon Pl      $119,900   1500 Sq Ft    $79.93/SqFt

125 Prospect St        $129,900    2548 Sq Ft    $50.98/SqFt

 

4351 Porter Hollow  $134,900   2000 Sq Ft  $67.45/SqFt

120 E Division St     $134,900    2100 Sq Ft  $77.09/SqFT

10636 Trailside Wds $138,688   1936 Sq Ft   $71.64/SqFt

3426 Thistle Dhu      $139,000   1662 Sq Ft   $83.63/SqFt

5302 10 Mile Dr        $149,900    1843 Sq Ft   $81.33/SqFt

 

6880 Peninsula Dr    $154,900    2000 Sq Ft   $77.45/SqFt

6874 Peninsula Dr    $154,900    2000 Sq Ft   $77.45/SqFt

6156 Meadowlark     $169,900    3364 Sq Ft   $75.51/SqFt

5645 Ramsdell Dr     $169,900   2300 Sq Ft   $73.87/SqFt

9204 N Division       $179,900   2418 Sq Ft   $74.40/SqFt

 

1479 10 Mile Rd       $179,900   2164 Sq Ft   $83.13/SqFt

647 Highlander Dr   $189,900    3050 Sq Ft   $62.26/SqFt

7031 Bonaire Ct NE $199,900    3160 Sq Ft   $73.55/SqFt

6754 Blythefield      $200,000    3392 Sq Ft   $82.30/SqFT

7758 Pine Island Ct  $369,900    4395 Sq Ft   $84.16/SqFt

 

There are still quite a few bargains to be had in the Rockford

area, there are 9 listings under $100K.   If you are thinking of

buying in Rockford, now is the time to be looking. Prices are

climbing. Homes that are in great condition and priced right

are selling quickly.  “Below tax appraisal” priced homes are

disappearing from the market in some areas of Grand Rapids.

Don’t overlook the $8000 tax credit for first time home buyers

or buyers who haven’t owned a home for the last 3 years.

This will be available for homes closed until November 30, 2009,

but time is running out—-unless Congress extends it.

 

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Video Tour

If you would like to view a Rockford Top Best Buys Home,

please contact us 1-888-240-1968 x 0

or email terry@terrywestbrook.com

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 6.6 months,

which means if no other homes come on the market, it will take

6.6 months for the current inventory to sell at the current

sales rate.  This stat is less than last month’s figure, we are seeing

a definite upturn in sales in Caledonia homes and sell times are

returning to the normal range.

Ruehs Park Caledonia Michigan

Current active listings – 158

Low $39,000   High $1,284,900

Average List Price  – $304,490

Average sold price  – $216,058

Pending Home Sales – 24

Sold Homes – 71

Average sold price/Square foot is $ 108.68

Sold High $875,000   Sold Low – $37,000

These stats are from May 1, 2009

There are 5 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.

The Caledonia market is selling well as buyers try to get

situated in their new homes before school starts. Newer and higher

end homes are selling, only 2 homes pending under $100,000.  The majority

of pending sales are $100,000 to $200,000 price range.  

Average sold price and  sold price/square foot rose again this month,

though average listed price fell by about $20K.

There are some excellent buys in Caledonia but they are

disappearing fast.  Don’t wait until they are gone.

Caledonia Michigan Video Tour

Caledonia MI Top Best Buy Homes June 2009

Caledonia MI Real Estate Report – July 2009

 

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids  Ada Real Estate  ~ Westbrook Realty

Copyright  2009 All rights Reserved

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since

2000. There is a new proposed 80 unit condo site – Villas of Ada

and Stone Falls of Ada – a 210 unit apartment complex, currently

under construction here. Both of these new developments are quite

close to Adacroft Commons.

 

 

 

 

                   Adacroft Commons Real Estate

                   August  2009 Market Report

                  2 Sold, 3 For Sale, 0 Expired, 0 Pending

Adacroft Commons Entrance Ada MI 49301

 

 

 

 

Adacroft Commons Active Listings: 3

Adacroft Commons Active Price – $183,233

Adacroft Commons Active Price/SqFt – $124.32

Adacroft Commons Active Days on Market -70

Adacroft Commons SOLD Listings: 2

Adacroft Commons average sold price – $ 187,00

Adacroft Commons average sold price/SqFt – $95.99

Adacroft Commons average sold days on market -13

 

 

 

Adacroft Commons Expired Listings: 0

There are only 3 current homes for sale in Adacroft Commons

listed on the local MLS board.  This is a desirable area

to live, with its close proximity to Forest Hills Central Middle &

High Schools.  In the above stats you can see that homes are

selling for under $100/SqFt.  This neighborhood hasn’t seen any sales

since April 2009, so activity has slowed considerably.  Homes that

are in great condition and priced appropriately have the best

chance of selling in this buyer’s market.

 

Ada Michigan Real Estate Reports 2009

 

If you have detailed questions or just need general information

about Grand Rapids or Ada Homes, please contact me directly.

terry@terrywestbrook.com

or call 1-888-240-1968 ext 0

Grand Rapids Ada MI Real EstateWestbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

Cascade Neighborhood Absorption Report

Tamarron Estates is an upscale suburban development with large

wooded lots, walking access to Thornapple Elementary School and

the Thornapple River Backwaters.  It is located just off of

Thornapple River Drive and Cascade Road in Cascade Township.

The house styles vary from large, comfortable ranches, traditional

two stories, to contemporary homes.  Many of the homes were built

in the late 1970’s to the mid 1980’s, though there is a new street

that has much newer homes on acreage settings.  Some houses close

to and surrounding this development are in the upper price brackets

in the Grand Rapids real estate market.

Leslie E Tassell Park Cascade MI

                     Tamarron Residential Real Estate 

                       August 2009 Market Report

                      2 Sold,  7 For Sale, 6 Expired

Tamarron Active Listings: 7

Tamarron Average Active Price – $ 417,671

Tamarron Average Active Price/SqFt – $ 131.93

Tamarron Average Active Days on Market – 96

Tamarron  SOLD Listings: 2

Tamarron  Average Sold Price - $ 202,000

Tamarron Average Sold Price/SqFt – $ 79.07

Tamarron Average Sold Days on Market – 66

Tamarron Expired Listings: 6

Tamarron Average Expired Price – $ 533,150

Tamarron Average Expired Price/SqFt – $ 146.55

Tamarron Average Expired Days on Market – 147

At the current selling rate, we have a 28 month supply of homes

on the market in Tamarron in Cascade Township.

MARKET SYNOPSIS: Tamarron homes are selling but not at the

prices that sellers would like to see. Today’s market is accepting

homes under $80.00 a sq ft. This is a substantial price reduction for

this area.  As you  can see, the current sellers think their homes

will sell at $ 130-150/sq ft.  The two homes that have sold since

January might be distress sales or foreclosed homes. List prices

have been reduced but still not a lot of activity in this area.

If you have to sell your Tamarron Estates home now, the market

place is telling you that you need to be under $100 a sq ft or

less to see your home sold.

Cascade Township has seen tremendous growth in the last fifty

years, though the growth rate has slowed considerably since 2000.

The majority (82%)live in a single family home, and the median

value is  $220,00.  Household incomes in Cascade Township are the

highest among surrounding Grand Rapids areas at $ 87,290.  Most

people in Cascade Township prefer to live here because of the quality

housing, safe areas, and quality schools.

Cascade Township Michigan Real Estate  2009

 

If you have questions about the value of your Cascade or Forest Hills

Home, please contact me directly:  terry@terrywestbrook.com or

call me at 1-888-240-1968 ext 0

Grand Rapids Real Estate Westbrook Realty

Copyright 2009 All rights reserved

Photo of Leslie Tassell Park by Bonnie Westbrook

Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids.

Home construction started here in the 1960’s housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban sub-

division area has been a desirable  place to live in the Grand Rapids home

market for many years.

Tassell Pak Path 3

                          Hidden Hills, Cascade Township

                     Neighborhood Real Estate Market Report

                                          August 2009

                      4 For Sale, 7 Sold, 3 Pending, 3 Expired

Hidden Hills Active Listings 4

Hidden Hills Average Active Price: $ 432,475

Hidden Hills Average Active Price Per Sq Ft: $ 147.46

Hidden Hills Active Average Days on Market: 77

Hidden Hills Sold Homes 7

Hidden Hills Average SOLD Price: $ 232,500

Hidden Hills Average SOLD Price Per Sq Ft: $ 102.93

Hidden Hills Average SOLD Days on the Market: 54

Hidden Hills Pending Homes: 3

Hidden Hills Expired Homes: 3

Hidden Hills Average Expired Price: $ 336,567

Hidden Hills Average Expired Price Per Sq Ft: $127.98

Hidden Hills Average Expired Days on the Market: 174

The current absorption rate is  1.6 months, which means we have

a 1.6 month supply of homes in the Hidden Hills market, IF no new

homes enter the market and homes sell at the current rate.

MARKET SYNOPSIS: Hidden Hills average SOLD home price has

bounced back somewhat from this spring’s lows of under $90 a square

foot.  Time on the market has decreased slightly and 16 homes have

sold since the first of the year.  Prices are still below market highs of

a few years ago but this is still a popular place to live in the the

Forest Hills School District.

 

Forest Hills School District Average Sold Home Prices last 5 years:

2008 – $ 279,709

2007 – $ 269,445

2006 – $ 300,691

2005 – $ 282,173

2004 – $ 268,072

 

Cascade Township Michigan Real Estate  2009

 

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly.

Grand Rapids – Ada Real Estate - Westbrook Realty

Copyright 2009  All rights reserved

photo of Leslie E Tassell Park by Bonnie Westbrook

Grand Rapids Photos

out of the bunker

Kent CC parking

Kent CC Clubhouse thru trees

Kent Clubhouse from course

Kent CC Pro Shop

More Photos

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