Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 12.75 months,

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

12.75 months for the current inventory to sell at the current

sales rate.  This stat is almost half of last month’s figure.

Ruehs Park Caledonia Michigan

There are 170 current active listings, from $39,000 to $1,284,900

in Caledonia MI.

The current average Caledonia home listed price is much higher

[about $323,358] than the average sold price [$181,175].

21 Pending Home Sales, and 59 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 95.30

Sold High $875,000   Sold Low – $34,000

There are 6 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.

The Caledonia market is much brisker this month.  Sales have doubled

this month over the previous 5 months sales total.  Newer and higher

end homes are selling, though over 1/3 of the sales were under $100

a sq/ft.  

Average sold price per square foot rose this month for the first time in

months. There are some excellent buys in Caledonia but they are

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

 

Caledonia April 2009 Real Estate Market Report

Caledonia May 2009 Absorption Report

Caledonia Michigan Video Tour

Caledonia MI Top Best Buy Homes June 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

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