Caledonia Michigan Real Estate Market Report April-Sept 2012
2012 2nd & 3rd Quarter Real Estate Market Activity
Current Active Listings = 83
Average List price – $274,755
Average Time on Market = 80-90 days
Average Sold Price = $ 183,328
Absorption Rate = 2.9 months
Caledonia real estate has seen an increase in sales price
and shrinking inventory. Prices have risen and many who were
waiting on the sidelines are back in the selling market. The absorption
rate is down from 4.6 months in the first quarter to 2.9 months in the
last 2 quarters. All signs of a definite recovery for Caledonia real estate
for the main buying and selling period this year.
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Copyright 2012 All rights Reserved
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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