Catamount properties are in the rolling hills adjacent to the

Grand River in the northern section of Ada Township in a gated

community with privacy and wooded acreage.  Executive style

homes with lots of room for entertaining and all the custom extras

that make a home luxurious are the norm here.  If you  are

searching for a prestigious address, this could be what you are

looking for, as it is one of the most affluent neighborhoods in the

Grand Rapids area. 

Grand River Ada Michigan

                      Catamount Market Report August 2009

                   2 For Sale,  5 Sold, 6 Expired

Catamount Active Listings: 2

Catamount average active price – $637,400

Catamount average active price /SqFt – $ 225.10

Catamount average days on market – 134

Catamount SOLD Listings: 5

Catamount average sold price $ 592,350

Catamount average sold price/SqFt – $ 207.54

Catamount average sold days on market – 142

Catamount Pending Listings: 0

The Absorption Rate for Catamount Homes is 3 months, which means if

no new listings come on the market it will take 3 months for the existing

homes to sell at the current rate of sales.  The average sold price dropped

in 2008 and into 2009.  The average list price is just slightly higher than

current selling price.  5 homes sold in the last 8 months, with 2 homes

for sale in this neighborhood.  Prices have eroded from 3-4 years ago

but seem to have stabilized a bit this summer.

 

Ada Michigan Real Estate Market Reports 2009

Forest Hills Michigan Real Estate Market Report  2009

If you would like further information about the value of an Ada or

Grand Rapids Home, please contact me directly at:

1-888-240-1988 ext 0 or email: terry@terrywestbrook.com

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