Current Caledonia MI Real Estate Market Report

 

Thornapple River at Ruehs Park

Thornapple River at Ruehs Park

 

Absorption rate for Caledonia MI Market is  currently 9.6 months,

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

9.6 months for the current inventory to sell at the current

sales rate.

 

There are 133 current active listings, from $60,900 to $1,100,000 in 

Caledonia MI.

 

20 Pending Home Sales, and 77 Sold Homes since July 1, 2008.

 

The current average Caledonia home listed price is much higher

(about $130K) than the average selling price.  This shows me

that the upper end of the Caledonia  market is slow and the

lower end (under $200K) is selling.  Sold price per square foot

continues to slide downward. There are some excellent buys

in Caledonia, don’t wait until they are gone.

 

Caledonia December 2008 Absorption Report

 

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my website.

 

Grand Rapids  Ada Real Estate  ~ Five Star Real Estate

Copyright  2009 All rights Reserved

Photo of Thornapple River at Ruehs Park by Bonnie Westbrook

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