Caledonia Michigan Real Estate Market Report October 2015 – March 2016

Caledonia Michigan Real Estate Market Report Oct 2015 – March  2016

by Bonnie Terry Westbrook

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2016 Real Estate Market Activity

October 1, 2015 to March  24, 2016

 

Current Active Listings = 69  

from $135,000 to $1,300,000

 

Caledonia Pending Home Sales = 67

 

Caledonia Sold Homes = 119 

 from $ 34,675 to $ 999,900

 

Average Sold Price = $ 253,271

 

 Caledonia Real Estate Market is right on target with

the Greater Grand Rapids market area.  Homes are

selling at a fairly fast rate.  The average single family

home average sold price has slipped down one or two

percentage points; mainly because the median priced

homes are the majority of sales.  As you can see from the

statistics above, buying activity is depleting home inventory

at a steady pace this winter.

 

The Spring and Summer market is going to be fast

and furious for Caledonia home buyers.  Be sure you have done

your “homework” before you go out looking!  Sellers have the

luxury of choosing from multiple offers, so don’t set yourself

up for disappointment by not being prepared.

 

Caledonia has a strong appeal for home buyers

in the Greater Grand Rapids market.  If you are considering a move

to or from Caledonia, it is not too early to start the process.

Give Terry a call if you would like to know what your Caledonia home

might be worth on today’s Market at: 616-292-7263.

 

SEARCH CALEDONIA MI HOMES

 

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

 

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Copyright  2016 All rights Reserved

Caledonia MI Flickr Photo-Stream

 

_____________________________________________________________________________

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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