Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Grand Rapids Michigan Neighborhood  Real Estate Market Report – Centennial Park Condos April 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level.  This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community

and they find it a wonderful place to live. Just minutes from 28th Street

& Cascade shopping, dining and amusements, you are centrally located

but tucked away from the bustle of the area for quiet, serene living and

easy access to golf.

out of the bunker

Centennial Park Meadows Condos Real Estate Market Report

                             Jan – Dec 2010

  9  For Sale                   15 SOLD

Active Listings: 9

Active Average Price – $363,276

Active average $/SqFt – $ 140.62

Active average days on market – 201

High – $799,900             Low: $167,000

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

Low Sold Price – $ 82,500

High Sold Price – $ 273,395

Absorption Rate = 7.2 months

 

Sales prices are lower than year and price/square foot is also lower. 

Sales are happening in Centennial but they aren’t as high as they

have been in the past.  Condition may be a factor, as buyers have

many condos to choose from.  Obviously distressed and foreclosure

sales bring the averages down.

 

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Copyright 2011  All rights reserved

photo of Golf Course by Bonnie Westbrook

____________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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