Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan-June 2012

Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan–June  2012

Quick Snapshot of Watermark Residences Real Estate Activity

Jan 1 through June 30, 2012

watermark18 thumb Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan – Aug 2011

        11 Active Listings

  1. $ 172,000       5363 Prairie Home Dr
  2. $ 300,000       2069 Watermark Dr
  3. $ 375,000       1627 Watermark Dr
  4. $ 420,000       1991 Talamore Ct
  5. $ 469,000       2105 Stickley Dr
  6. $ 579,900       1999 Watermark Dr
  7. $ 579,900       5642 Sunny Bank Ct
  8. $ 599,900       2134 Watermark Dr
  9. $ 625,000       5650 Watermark Ct
  10. $ 645,000       2052 Watermark Dr
  11. $1,750,000     1878 Watermark Dr

Sale Pending

1. $ 417,900          2017 Talamore Ct

4 Sold Properties

  1. 5341 Prairie Home Dr  $ 217,000
  2. 5340 Prairie Home Dr  $ 285,000
  3. 282 Feathery Dr        $ 435,000
  4. 1803 Watermark Dr    $ 528,000

 

With 11 listings for sale and 5 sales  in Watermark in the last 6 months,

the Absorption Rate is 13 months.  Any time over 8-9 months is considered a

declining market because excess inventory is pushing home costs downward.

There is a wide range of home prices in this neighborhood, from small town-

houses, detached condos to executive mansions.  If you have questions about

living in a Watermark residence, give Terry a call. 

 

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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!

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Westbrook Realty Grand Rapids MI Real Estate

  Contact Terry   616-292-7263

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