Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 24 months,

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

24 months for the current inventory to sell at the current

sales rate.  This stat is over double from last month.

Ruehs Park Caledonia Michigan

There are 164 current active listings, from $39,000 to $1,284,900 in

Caledonia MI.

The current average Caledonia home listed price is much higher

[about $328,384] than the average sold price [$139,456].

19 Pending Home Sales, and 17 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 79.51

Sold High $270,000   Sold Low – $34,000

There are 6 homes over a million dollars listed, so this skews the

figures somewhat in the upper brackets.

However,  the upper end of the Caledonia market is much slower

to sell (4 sales over $200K) than the lower end (under $200K) is selling.

Sold price per square foot continues to slide downward, overall. There are

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

 

Caledonia April 2009 Real Estate Market Report

Caledonia March 2009 Real Estate Market Report

Caledonia December 2008 Absorption Report

Caledonia Michigan Video Tour

 

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

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