Forest Hills Michigan Neighborhood Real Estate Market Report
Watermark Residences Nov 2010
Watermark single family homes and condos make this a very
attractive place to live. Quality built luxury executive homes, luxury
condo homes and a few townhouses have access off Cascade Road
and Spaulding Drive with a privacy gate at both entrances. If you
live at Watermark you are close to the airport, 28th Street shopping,
I96 expressway and close to Cascade, Ada, and Forest Hills schools
and shopping areas. Many of the homes have golf course frontage
on Watermark Country Club.
Watermark Residences
Jan-Nov 20109 Real Estate Market Report
Homes For Sale: 8
Highest List Price $ 2,700,000
Low List Price - $ 379,900
Average List price – $ 713,075
Average days on the market – 156
Homes Pending: 0
Homes Sold: 8
Average Sold price – $ 381,504
Average price per sq ft – $185.60
Average days on the market –124
Average % of Sale Price to List Price – 96.66%
We have a 11 month Absorption Rate at the Watermark Residences.
This means that it will take 11 months for the current listed homes
to sell based on the current rate of sales. This area has had a slow
market this year, especially in the upper price brackets. If you want
to sell your Watermark home, it must be priced right for today’s buyers.
Additional articles you might like:
Forest Hills Michigan Real Estate
Watermark CC Golf Pro ~ Mark Wilson
Watermark Country Club ~ Pool Time
The Grille Restaurant at Watermark
If you would like further information about Watermark Residences
Cascade or Forest Hills Homes, please contact me directly:
1-888-240-1968 ext 0
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The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities,plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263