Caledonia MI Real Estate Market Report April – June 2010

Posted on July 7, 2010 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report April – June 2010

Absorption rate for Caledonia MI Market is currently 6.5 months,

which means if no other homes come on the market, it will take 6.5 months for

the current inventory to sell at the current sales rate. This stat is down by one

third less than last year’s figure. We are seeing a definite slowdown after the first

quarter uplift in sales in Caledonia homes. Sell times are currently edging out of

the “normal” range of 3-6 months and back to a buyer’s market.

Caledonia Library Sign

153 current active listings

High price – $1,145,000

Low price – $ 49,900

Current average List price $272,376

Current average sold price $200,148

26 Pending Sales

44 Sold Homes

Average sold price/Square foot is $ 101.95

Sold High $525,000

Sold Low – $22,500

1 home in million dollar+ range skews the figures somewhat in the upper home price brackets.

The Caledonia market has been busy so far this year; buyers bought 2 homes

under $100K, the majority of homes purchased were between $100-300K. Currently,

there are only 10 homes listed under $100K, 39 homes listed over $ 500K, and that means

77 homes are listed between $100K and 499,999K, many opportunities in the middle

brackets to own a home in Caledonia. In general, higher priced listings are seeing

downward pricing pressure from buyers.

With interest rates at record low levels, buying now could save you thousands

of dollars over the life of your mortgage.

Caledonia Michigan Articles

Caledonia Michigan Real Estate Articles

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Waterfront Homes June 2010

Posted on June 30, 2010 by Terry & Bonnie

Forest Hills Michigan Waterfront Homes June 2010

Current market conditions have brought home prices down

to levels we haven’t seen in many years. All price levels

and market sectors have been affected.

Now is a great time to purchase a Waterfront Home.

We have a list of 38 homes with private water frontage,

and over 25% of them are under $300,000.

Grand River Ada Michigan

Address Price

2201 Shady Dr NE $ 85,000

2733 Thornapple River Dr $ 159,900

8210 Cascade Rd SE $ 159,900

2286 Dean Lake Ave NE $ 164,900

2693 Thornapple River Dr $ 184,900

2780 Thornapple River Dr $ 189,900

920 Paradise Lake Dr SE $ 215,000

3557 Tricklewood Dr $ 280,000

7249 Dennison Dr SE $ 290,000

274 Pettis Ave SE $ 295,000

7180 Cascade Rd SE $ 324,900

7474 Alaska Rdg SE $ 335,000

8585 Lilly Ridge Dr SE $ 349,500

6727 Burger Dr SE $ 399,000

3468 Goodwood Dr SE $ 412,800

4061 Maracaibo Shores Dr $ 425,000

3010 Thornapple River Dr $ 425,900

1875 Forest Shores Dr SE $ 475,000

2561 Cascade Springs Dr SE $ 488,000

2850 Foxfire Ln SE $ 499,900

2278 Thornapple River Dr $ 535,000

7436 Ventura Dr SE $ 575,000

2515 Cascade Springs Dr SE $ 585,000

1041 Thornapple River Dr SE $ 594,500

3402 Goodwood Dr SE $ 698,000

7369 Thornapple River Dr SE $ 739,900

7400 Ventura Dr SE $ 749,900

7486 Alaska Rdg SE $ 799,000

4970 Whitneyville Ave SE $ 799,000

8158 Wilderness Trail NE $ 849,000

4095 Reeds Lake Blvd SE $ 999,900

2465 Cascade Springs Dr SE $1,175,000

7303 Grachen Dr SE $1,385,000

7421 Kenrob Dr SE $1,440,000

1960 Steketee Woods Ln SE $1,599,000

7101 Gladys Dr SE $1,695,000

5470 Egypt Valley Blvd $1,750,000

4069 Reeds Lake Blvd $1,790,000

If a leisure lifestyle appeals to you, this may be the perfect time

to make your move. I am always available for questions or details

concerning Michigan waterfront real estate.

1-888-240-1968 X 6 Ask for Terry

Grand Rapids Real Estate ~ Westbrook Realty

Grand River photo by Bonnie Westbrook

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Top Best Buy Homes – May 2010

Posted on May 31, 2010 by Terry & Bonnie

We have gathered a list of the Top Best Buy Caledonia Michigan

Houses to buy based on price per square foot. Price per square

foot is a great leveler. If two similar homes are listed at similar prices,

their price per square foot should be similar. The price should

reflect the interior finish of the home.

For example, if it has crystal chandeliers,marble tile, & a new

kitchen, this would be more per square foot than a home that

still has the 1970’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Caledonia Public Library

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $38.68 to $89.29 in Caledonia.

May 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $320,000 Lowest list price is $62,000

The Top 25 Caledonia Homes to Buy by Price/Square Foot:

6919 Hammond Ave    $ 62,000     1603 Sq Ft   $38.68/SqFt

6658 Hanna Lake Ave $ 75,000     1612 Sq Ft   $67.45/SqFt

8935 Croniger St SE     $80,000      1325 Sq Ft   $83.33/SqFt

8601 Acorn St             $ 84,900      998 Sq Ft    $85.07/SqFt

3526 68th St SE           $ 89,900     1140 Sq Ft   $78.86/SqFt

513 Kinsey Ave SE       $104,900    1242 SqFt    $84.46/SqFt

2100 92nd St SE          $109,500    1300 Sq Ft   $84.23/SqFt

401 Emmons St SE      $119,900    1578 Sq Ft   $75.98/SqFt

7050 84th St SE           $125,000    1400 Sq Ft   $89.29/SqFt

213 Johnson St SE       $129,900    1942 SqFt   $66.89/SqFt

8956 Braden St SE       $129,900    1619 Sq Ft   $80.23/SqFt

3009 76th St SE           $129,900   1650 Sq Ft    $78.73/SqFt

328 E Main St SE          $132,000    1680 SqFt   $78.57/SqFt

1648 Crescent Pointe   $144,900     2047 Sq Ft $70.79/SqFt

4508 Rolling Ridge Dr    $148,326    2070 Sq Ft   $71.66/SqFt

308 Elm St SE               $149,500     2907 Sq Ft   $83.19/SqFt

429 Emmons St SE        $149,500    2370 Sq Ft   $74.82/SqFt

6101 N Costner Ct SE    $159,900    1926 Sq Ft   $83.02/SqFt

444 Green Ridge Dr      $160,000     2140 Sq Ft   $74.77/SqFt

9615 Scotsmoor Dr SE $164,900     2140 SqFt    $77.06/SqFt

8706 Alaska Ave SE      $169,900     3121 Sq Ft   $54.44/SqFt

327 Johnson St            $178,500     3000 Sq Ft   $59.50/SqFt

9585 Kalamazoo Ave     $198,500    2500 Sq Ft   $79.40/SqFt

323 Johnson St SE        $212,900   3800 Sq Ft    $73.59/SqFt

8909 Kraft Ave SE        $320,000    4617 Sq Ft    $69.31/SqFt

With only 5 homes priced under $100K, we are starting

to see prices on the way up, so if you have been waiting

for the best time to buy in Caledonia, don’t wait much longer.

The Buyers Tax Credit has expired for First Time Buyers &

homeowners who have lived in their homes for the past 5 of

8 years. This tax credit is still available for military who have

been serving overseas and unable to take advantage of the

tax credit.

NOW is the best time to buy a Caledonia home, interest rates

are low and inventory is still high.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Caledonia Michigan Real Estate Articles

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

_____________________________________________________________________________________________________

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. Grand Rapids

Michigan is a vibrant, growing metropolitan area with a diverse business community,

great medical research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Crystal Springs Neighborhood Real Estate Market Report – April 2010

Posted on May 14, 2010 by Terry & Bonnie

Caledonia Michigan Crystal Springs Neighborhood Real Estate Market Report April 2010

Crystal Springs ~ Kentwood MI Absorption Report April 2010

Crystal Springs Development in Caledonia, Michigan is a large, residential

suburban housing development that was started in the late 1980’s and

most construction was finished in the 1990’s although some newer homes

have been built since 2000. There are also a few vacant lots left to develop.

This development covers a large area around the Stonewater Golf Course

at Crystal Springs south of 68th Street to 72nd Street and encompassing

Kalamazoo Avenue on the east and west. This development has single

family homes and condos, many located right on the Stonewater Golf Course.

The public school system is Kentwood, even though the address is Caledonia.

Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,

Kentwood High School, and a short hop to M-6, which is the south beltline for

the Greater Grand Rapids area connecting US 131 on the west and I96 on the

east side of the city.

Jan-April 2010 Real Estate

Residential Market Report

Crystal Springs Neighborhood

Active Listings: 17 Active Listings

Average Price: $261,665

Price per Sq Ft: $118.55 (Main Floors only)

Average days on the Market: 107

PENDING: 6 homes

SOLD: 9 Sold Homes

Average Price: $ 195,032

Average Price Per Sq Ft: $ 94.53 (Main floors only)

Average Days on the Market: 164

Absorption Rate for Crystal Springs Listings is 4.5 months for the

current housing inventory. If no other homes enter the market,

it will take 4.5 months for the current homes to sell at the current

rate of sales.

Crystal Springs Homes that are priced competitively are selling.

As you can see by the statistics, most of the homes that have their

price under $100/square foot are selling. Sales have started to

rebound in this neighborhood from the last few years abysmal rates.

Although on the downside, the average sold price has fallen another

8 % since 2009.

SEARCH for Caledonia Michigan Homes

Caledonia Michigan Real Estate Reports

SEARCH for Kentwood Michigan Homes

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 6

_____________________________________________________________________________________________________

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. Grand Rapids

Michigan is a vibrant, growing metropolitan area with a diverse business community,

great medical research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Grand Rapids Michigan – Quail Crest Condo Real Estate Market Report – April 2010

Posted on April 29, 2010 by Terry & Bonnie

Grand Rapids Michigan – Quail Crest Condo Real Estate Market Report – April 2010

The Quail Crest Condo development is located west of Spaulding

and north of Burton Street in Cascade Township. There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980′s and continued building

into the current phase.

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance.

Forest Hills Public Schools are the school district,

Watermark Country Club, Forest Hills & 28th Street shopping are

a short distance away. The miles of Cascade-Ada Bike/Walking Trail

connects to downtown Cascade, downtown Ada, and 28th St.

Quail Crest Condos Entrance Cascade MI

Quail Crest Condominiums Real Estate Market Report

Jan-April 2010

6 For Sale, 0 Pending, 1 Sold, 3 Expired

Quail Crest Condos Active Listings: 6

Quail Crest Condos Average Active Price – $273,300

Quail Crest Condos Average Active Price/SqFt – $ 170.06

Quail Crest Condos Average Active days on market – 82

Quail Crest Condos Sold Listings: 1

Quail Crest Condos average sold price – $132,900

Quail Crest Condos average sold price/SqFt – $ 106.92

Quail Crest Condos average days on market – 83

The absorption rate for Quail Crest Condos is 18 months, which

means if no new listings come on the market, it will take 18 months

for the current inventory of homes to sell at the current rate of sales.

This is high for the Grand Rapids Market. The average sold price

and the price per square foot for the one home that sold is much

lower than last year’s sold price average of $ 175,000.

We have seen some sellers renting instead of selling, waiting for a

return to a seller’s market. That may be the route to take, if you can

play the role of landlord successfully.

Additional Forest Hills Real Estate Articles:

Forest Hills MI Real Estate Market Report

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly. We can

also have these monthly market reports emailed to your

inbox, just contact us.

photo of Quail Crest Entrance by Bonnie Westbrook

____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Top Best Buy Homes April 2010

Posted on April 26, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes April 2010

We have gathered a list of the TOP Caledonia Michigan Houses to buy,

based on price per square foot. Price per square foot is a great leveler.

If two similar homes are listed at similar prices, their price per square foot

should be similar. The price should reflect the interior finish of the home.

For example, if it has crystal chandeliers,marble tile, & a new kitchen, this

would be more per square foot than a home that still has the 1970’s decor

and/or is in derelict condition.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Caledonia Public Library

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $40.17 to $87.68 in Caledonia.

April 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $249,000 Lowest list price is $69,900

The Top 22 Caledonia Homes to Buy by Price per Square Foot:

10464 Patterson Ave   $ 69,900    1740 Sq Ft    $40.17/SqFt

4823 84th St SE           $ 74,900     1020 SqFt    $73.43/SqFt

8601 Acorn St             $ 84,900      998 Sq Ft    $85.07/SqFt

3526 68th St SE           $ 89,900     1140 Sq Ft   $78.86/SqFt

2100 92nd St SE          $111,900    1300 Sq Ft   $86.08/SqFt

9628 Morse Lake Ave $117,000    2751 Sq Ft   $49.79/SqFt

401 Emmons St SE      $119,900    1578 Sq Ft   $75.98/SqFt

213 Johnson St SE       $129,900    1942 SqFt   $66.89/SqFt

8956 Braden St SE       $129,900    1619 Sq Ft   $80.23/SqFt

3009 76th St SE           $129,900   1650 Sq Ft    $78.73/SqFt

1648 Crescent Pointe   $144,900     2047 Sq Ft $70.79/SqFt

4508 Rolling Ridge Dr    $148,624    2070 Sq Ft   $71.80/SqFt

308 Elm St SE               $149,500     2907 Sq Ft   $83.19/SqFt

429 Emmons St SE        $149,500    2370 Sq Ft   $74.82/SqFt

444 Green Ridge Dr      $160,000     2140 Sq Ft   $74.77/SqFt

7575 E Morgan Lane    $164,500     2070 Sq Ft    $79.47/SqFt

8706 Alaska Ave SE      $169,900     3121 Sq Ft   $54.44/SqFt

327 Johnson St            $178,500     3000 Sq Ft   $59.50/SqFt

9585 Kalamazoo Ave     $198,500    2500 Sq Ft   $79.40/SqFt

6812 60th St SE            $212,000    2418 Sq Ft    $87.68/SqFt

323 Johnson St SE        $212,900   3800 Sq Ft    $73.59/SqFt

9555 Kraft Ave SE        $249,000      3216 Sq Ft $77.43/SqFt

Four homes priced under $100K, we are starting to see prices

on the way up, so if you have been waiting for the best time

to buy in Caledonia, don’t wait much longer.

The Buyers Tax Credit is still available for First Time Buyers and

homeowners who have lived in their homes for the past 5 of

8 years. This tax credit will expire on April 30th, 2010. We don’t

expect it to be renewed and interest rates will likely go up.

NOW is the best time to buy a Caledonia home.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Caledonia Michigan Real Estate

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Real Estate Market Report Jan – March 2010

Posted on April 8, 2010 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report Jan- Mar 2010

Absorption rate for Caledonia MI Market is currently 4.6 months,

which means if no other homes come on the market, it will take

4.6 months for the current inventory to sell at the current

sales rate. This stat is down by one third+ less than last year’s figure.

We are seeing a definite upturn in sales in Caledonia homes and

sell times are currently returned to a “normal” range of 3-6 months.

There are 125 current active listings, from $77,900 to

$1,195,000 in Caledonia MI.

Current average Caledonia home listed price is much higher

[about $297,773] than the average sold price [$166,914].

37 Pending Home Sales, and 44 Sold Homes since Jan 1, 2010.

The average sold price/Square foot is $ 92.89

Sold High $425,000 Sold Low – $57,400

There are 3 homes in million dollar+ range listed, so this skews

the figures somewhat in the upper home price brackets.

The Caledonia market has been busy so far this year; buyers

bought 6 homes under $100K, the majority of homes purchased

were between $100-200K.

Currently, there are only 9 homes listed under $100K, 39 homes

listed between $ 300K-999,999K, and that means that 77 homes

are listed between $100K and 299,999K, many opportunities

in the middle brackets to own a home in Caledonia.

With interest rates bound to rise, buying now could save you

thousands of dollars over the life of your mortgage.

More Caledonia Michigan Articles:

Caledonia Real Estate Market

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Top Best Buy Homes March 2010

Posted on March 24, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes March 2010

We have gathered a list of the TOP Caledonia Michigan Houses to buy,

based on price per square foot. Price per square foot is a great leveler.

If two similar homes are listed at similar prices, their price per square foot

should be similar. The price should reflect the interior finish of the home.

For example, if it has crystal chandeliers,marble tile, & a new kitchen, this

would be more per square foot than a home that still has the 1970’s decor

and/or is in derelict condition.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $31.04 to $88.20 in Caledonia.

March 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $249,000 Lowest list price is $34,800

The Top 22 Caledonia Homes to Buy by Price per Square Foot:

105 Johnson St SE       $ 34,800    1121 Sq Ft    $31.04/SqFt

8585 Acorn Ave SE      $ 49,900     1282 Sq Ft   $38.92/SqFt

3526 68th St SE           $ 89,900     2247 Sq Ft   $78.86/SqFt

2100 92nd St SE          $114,000    1300 Sq Ft   $87.69/SqFt

215 Elm St SE              $114,999    1318 Sq Ft   $87.25/SqFt

401 Emmons St SE      $119,900    1578 Sq Ft   $75.98/SqFt

9628 Morse Lake Ave $127,000    2751 Sq Ft   $54.04/SqFt

3009 76th St SE             $129,900   1650 Sq Ft $78.73/SqFt

8530 Garbow Dr           $129,900    2050 Sq Ft $86.60/SqFt

213 Johnson St SE       $131,900    1942 SqFt   $67.92/SqFt

8956 Braden St SE       $134,900    1619 Sq Ft   $83.32/SqFt

1648 Crescent Pointe   $144,900     2047 Sq Ft $70.79/SqFt

4508 Rolling Ridge Dr    $148,624    2070 Sq Ft   $71.80/SqFt

308 Elm St SE               $158,500     2907 Sq Ft   $88.20/SqFt

444 Green Lake Dr       $160,000     2140 Sq Ft   $74.77/SqFt

7575 E Morgan Lane    $164,500     2070 Sq Ft    $79.47/SqFt

8706 Alaska Ave SE      $174,900     3121 Sq Ft   $56.04/SqFt

327 Johnson St            $178,500     3000 Sq Ft   $59.50/SqFt

9585 Kalamazoo Ave     $209,900    2500 Sq Ft   $83.96/SqFt

6812 60th St SE            $212,000    2418 Sq Ft    $87.68/SqFt

323 Johnson St SE        $212,900   3800 Sq Ft    $73.59/SqFt

9555 Kraft Ave SE        $249,000      3216 Sq Ft $77.43/SqFt

Only 3 homes priced under $100K, we are starting to see prices

creep up, so if you have been waiting for the best time to buy

in Caledonia, don’t wait much longer.

The Buyers Tax Credit is still available for First Time Buyers and

homeowners who have lived in their homes for the past 5 of

8 years. This tax credit will expire on April 30th, 2010. We don’t

expect it to be renewed and interest rates will likely go up.

NOW is the best time to buy a Caledonia home.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Caledonia Michigan Real Estate

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities,plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Caledonia Michigan Top Best Buy Homes – January 2010

Posted on January 22, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes – January 2010

We have gathered a list of the TOP Caledonia Michigan Houses

to buy, based on price per square foot. Price per square foot

is a great leveler. If two similar homes are listed at similar prices,

their price per square foot should be similar. The price should reflect

the interior finish of the home. For example, if it has crystal chandeliers,

marble tile, & a new kitchen, this would be more per square foot than

a home that still has the 1970’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $39.96 to $89.49 in Caledonia.

January 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $249,000 Lowest list price is $44,800

The Top 19 Caledonia Homes to Buy by Price per Sq Foot:

105 Johnson St SE       $ 44,800    1121 Sq Ft    $39.96/SqFt

3940 68th St SE           $ 70,000     2247 Sq Ft   $59.52/SqFt

8585 Acorn Ave SE      $ 87,900     1282 Sq Ft   $68.56/SqFt

7221 Kettle Lake Dr    $106,900    1782 Sq Ft   $59.99/SqFt

9628 Morse Lake Ave $132,000    2751 Sq Ft   $56.17/SqFt

213 Johnson St SE       $134,900    1942 SqFt    $69.46/SqFt

6606 Buttrick Ave        $139,876     2674 Sq Ft   $88.08/SqFt

1648 Crescent Pointe   $144,900     2047 Sq Ft $70.79/SqFt

4508 Rolling Ridge Dr    $148,624    2070 Sq Ft   $71.80/SqFt

1616 Crescent Pointe   $158,500     2174 Sq Ft $72.91/SqFt

308 Elm St SE               $158,500     2907 Sq Ft   $88.20/SqFt

327 Johnson St            $178,500     3000 Sq Ft   $59.50/SqFt

8845 Whitneyville Ave $179,800    3000 Sq Ft   $81.73/SqFt

8563 Haystack Rd SE    $189,000     2112 Sq Ft   $89.49/SqFt

8706 Alaska Ave SE      $189,900     3121 Sq Ft   $60.85/SqFt

7328 Patterson Ave     $190,000     3227 Sq Ft   $76.71/SqFt

8860 Vincent Ave SE   $236,772    4272 Sq Ft    $55.42/SqFt

10441 E Rivershore Dr $239,900    3095 Sq Ft   $77.51/SqFt

9555 Kraft Ave SE        $249,000      3216 Sq Ft $77.43/SqFt

Only 3 homes priced under $100K, we are starting to see prices

creep up and inventory go down, so if you have been waiting

for the best time to buy in Caledonia, don’t wait much longer.

The Buyers Tax Credit is available for First Time Buyers and

homeowners who have lived in their homes for the past 5 of

8 years only until April of this year. We don’t expect it to be

renewed and interest rates will likely go up. NOW is the best

time to buy a Caledonia home.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

Caledonia Michigan Real Estate Market Reports

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

___________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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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Caledonia Michigan Real Estate Market Report – Jan-Dec 2009

Posted on December 24, 2009 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report – Jan-Dec 2009

Absorption rate for Caledonia MI Market is currently 7.16 months,

which means if no other homes come on the market, it will take

7.16 months for the current inventory to sell at the current

sales rate. This stat is one third+ less than summer’s figure.

We are seeing a definite upturn in sales in Caledonia homes and

sell times may be returning to a “normal” range of 3-6 months.

There are 123 current active listings, from $49,900 to

$1,100,000 in Caledonia MI.

The current average Caledonia home listed price is much higher

[about $293,852] than the average sold price [$136,037].

25 Pending Home Sales, and 52 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 84.61

Sold High $290,000 Sold Low – $34,000

There are 2 homes in million dollar + range listed, so this skews the

figures somewhat in the upper home price brackets.

The Caledonia market has been busy this year; buyers bought 8 homes

under $100K, the majority were between $100-200K.

Average sold price/square foot and average sold price overall lost

ground this year. There are 14 homes listed under $100K, and lots

of opportunities in the middle brackets to own a home in Caledonia.

With interest rates bound to rise, buying now could save you

thousands of dollars over the life of your mortgage.

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Category Archives: Caledonia Michigan Real Estate

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Caledonia Michigan Top Best Buy Homes April 2010

Caledonia Michigan Real Estate Market Report Jan – March 2010

Caledonia Michigan Top Best Buy Homes March 2010

Caledonia Michigan Top Best Buy Homes March 2010

Caledonia Michigan Top Best Buy Homes – January 2010

Caledonia Michigan Top Best Buy Homes – January 2010

Caledonia Michigan Real Estate Market Report – Jan-Dec 2009