Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan–Aug 2011
Quick Snapshot of Watermark Residences Real Estate Activity
Jan 1 through Aug 31, 2011
8 Active Listings
- $ 189,900 5363 Prairie Home Dr
- $ 324,900 5340 Prairie Home Dr
- $ 399,900 2025 Talamore Ct
- $ 409,900 2029 Talamore Ct
- $ 525.000 1648 Watermark Dr
- $ 599,900 2134 Watermark Dr
- $ 649,000 5650 Watermark Ct
- $ 2,495,000 1878 Watermark Dr
4 Sold Properties
- 1975 Watermark Dr $351,000
- 5511 Alhambra Dr $385,000
- 1664 Watermark Dr $395,000
- 1959 Talamore Ct ****
****(went to auction – sale hasn’t been reported yet)
With 8 listings for sale and only 4 sold in Watermark,
the Absorption Rate is 16 months. Any time over 6 months is
considered a declining market because excess inventory is
pushing home costs downward.
Forest Hills Michigan Real Estate Articles
____________________________________________
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