Forest Hills Michigan Neighborhood Real Estate Report – Watermark May 2011

Quick Snapshot of Watermark Residences Real Estate Activity

Jan 1 through May 24, 2011

9 Active Listings

1. $ 189,900       5363 Prairie Home Dr
2. $ 324,900       5340 Prairie Home Dr
3. $ 344,460       1959 Talamore Ct
4. $ 399,900       2025 Talamore Ct
5. $ 409,900       2029 Talamore Ct
6. $ 525.000       1648 Watermark Dr
7. $ 599,900       2134 Watermark Dr
8. $ 649,000       5650 Watermark Ct
9. $ 2,495,000    1878 Watermark Dr

3 Sold Properties

1. 1975 Watermark Dr  $351,000
2. 5511 Alhambra Dr    $385,000
3. 1664 Watermark Dr  $395,000

With 9 listings for sale and only 3 sold  in Watermark,

the absorption rate is 17 months.  Prices have been declining

in this higher priced Forest Hills neighborhood for the last few years.

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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.  We believe: Grand Rapids is a Great Place to Live!

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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