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

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