Kentwood Michigan Real Estate Market Report Jan-Dec 2010

Posted on January 6, 2011 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report Jan-Dec 2010

Kentwood Michigan is a large suburb of Grand Rapids with a population

under 50,000. It has manufacturing, shopping centers, and lots and lots

of residential housing. Kentwood Public Schools are one of the largest

school systems in the area with over 9000 students and 16 buildings

within a 24.25 square mile area.

Kentwood home sales have recouped some of their value this year

though sales volume is down. We are still seeing some home price

reduction on homes in poor/dated condition. Good news for sellers,

Kentwood has decreased absorption rates as fewer homes are entering

the market, 60% less homes sold in 2010 than in 2009.

2010 Kentwood STATS:

370 Active Listings for sale

88 Pending Home Sales

555 Sold Homes

$108,777 Average Sold Price

109 Days Average Market Time

95.19% of List Price

Absorption Rate: 6.9 months

Synopsis: More homes were sold in 2010 than

in 2009 and the average sold price is slightly higher

than last year. The Absorption rate is also higher

than last year as homes take longer to sell.

Foreclosures and short sales are still affecting the

average market price in Kentwood, although the average

home sold price is up about 8% from 2009 prices. The

homes under $ 150K are seeing about 80% of the overall

sales. The homes over $250K are selling but at a slower

rate and with longer market time.

In 2007, Kentwood had 434 home sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood had 448 home sales: avg sold price:$100,561

In 2010, Kentwood had 555 home sales: avg sold price: $108,777

Kentwood Michigan Real Estate Market Reports

Real Estate is always hyper-local. If you have questions about

a specific Kentwood home, please contact me.

Photo of Kentwood High School 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

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2010

Posted on January 5, 2011 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2010

East Grand Rapids is a community of homes priced from the

low $100,000’s to over $2,000,000 with the majority of homes

selling from $120K to $400K. Since this is such a large spread

it is difficult to produce true averages, so take that in consideration

with the following statistics.

2010 EGR STATS:

107 Active Listings for sale

10 Pending Home Sales

172 Sold Homes

$256,760 Average Sold Price

111 Days Average Market Time

94.47% of List Price

Absorption Rate: 7 months

Synopsis: 25% Fewer homes were sold in 2010 than

in 2009, though the average sold price is similar to

last year and the Absorption rate is slightly higher.

Demand for East homes is still high and the turnover

rate is better here than many other areas of metro GR.

Overall, a good year for buyers in East GR.

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

____________________________________________________________________________________________

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 Cost vs Value Report 2010

Posted on December 21, 2010 by Terry & Bonnie

Grand Rapids Michigan Cost vs Value Report 2010

The new Cost vs Value Report 2010 is out from the National Association

of Realtors. This report compares home improvement costs and returns for

sellers. There are national trends and local trends. If you are a homeowner,

this is valuable information because it will tell you how much money you

can expect to recoup from home improvements on the sale of your home.

While you may not be intending to sell your home for many years, it is a

good indicator of what the average buyer is looking for in a home purchase

and what they are willing to pay for.

Grand Rapids is right on target with the rest of the nation in the number

one item that repays investment. A new front door, specifically, a steel door

will get you 102% of your money back. If you need a new front entrance door,

you might want to consider skipping over to your home improvement store

and putting one on order.

Now, don’t get crazy and pick a really fancy door if you live in a basic ranch.

Home buyers don’t want a front door that doesn’t match the home

style or decor, so don’t waste your money. A nice steel door in a great color will

do more for your home’s curb appeal than one that doesn’t fit aesthetically.

All other home improvement projects went down in payback dollars, not

a surprise considering our local rate of home sales in the past 2 years. But if

you have been considering a home improvement project, check the list to see

if it is a feasible option for you and your home.

Grand Rapids Cost vs Value Report

_____________________________________________________________________________________________________

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

Lowell Michigan Top Best Buy Homes Nov 2010

Posted on December 17, 2010 by Terry & Bonnie

Lowell Michigan Top Best Buy Homes Oct 2010

A list of the TOP Best Lowell 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 updated decor, new flooring, & an

updated kitchen and baths, this would be more per square

foot than a home that still has the 1970’s decor and/or is in

poor condition.

Please note that this list can change daily as some homes

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

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Great opportunities to buy a Lowell Home at bargain prices:

The lowest price/Sq Ft range from $44.88 to $96.75

November 2010 21 TOP BEST BUY Lowell Homes

Lowest list price is $59,900

Highest list price is $174,900

The Top Lowell Homes to Buy by Price per Square Foot:

825 Hunt St $ 59,900 825 SqFt $55.46/SqFt

730 E Main St $ 64,900 1446 Sq Ft $44.88/SqFt

315 N Jackson St $69,900 1192 Sq Ft $58.64/Sq Ft

810 Grindle Dr $79,900 1300 Sq Ft $61.46/Sq Ft

251 Valley Vista Dr $83,600 1124 Sq Ft $74.38/Sq Ft

803 N Washington St $85,000 928 Sq Ft $91.59/Sq Ft

721 N Washington St $86,000 1716 Sq Ft $50.12/Sq Ft

1456 Baywicke Dr $89,000 1056 Sq Ft $84.28/Sq Ft

410 Hunt St $94,900 1360 Sq Ft $69.78/SqFt

10880 Woodbushe Dr $99,900 1224 Sq Ft $94.60/Sq Ft

10820 Sconcewood $109,900 1224 Sq Ft $89.79/SqFt

936 Beech Ave $113,000 1792 Sq Ft $63.06/SqFt

10933 Woodbushe Dr $116,000 1256 Sq Ft $92.36/SqFt

10960 Deerwood Dr $124,900 1498 Sq Ft $83.38/Sq Ft

829 N Monroe St $125,000 1564 Sq Ft $79.92/Sq Ft

10989 Woodbushe Dr $129,900 1596 Sq Ft $81.39/Sq Ft

811 Shepard Dr $138,600 2394 Sq Ft $57.89/Sq Ft

1250 Highland Hill $145,900 1508 Sq Ft $96.75/SqFt

10106 Meadow Hill Ln $159,900 1830 Sq Ft $87.38/SqFt

1638 Wales $160,000 2047 Sq Ft $78.16/SqFt

2309 Gee St $174,900 1900 Sq Ft $92.05/SqFt

There are still bargain priced homes for sale in Lowell,

only 10 homes priced under $100K. In Lowell price/sqft has

also risen substantially. Lowell is a great place to live and the turning

housing inventory is showing this, especially in the lower ranges.

If prices keep going in this direction, the bottom of the real

estate market could be behind us. Mortgage rates are still low

and homes are very reasonably priced in Lowell.

Additional Lowell Michigan Articles:

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

*Some of these homes may be bank owned foreclosures or

short sales and not habitable as is or available for a mortgage

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : 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

Kentwood Michigan Top Best Buy Homes Nov 2010

Posted on December 17, 2010 by Terry & Bonnie

Kentwood Michigan Top Best Buy Homes Nov 2010

A list of the TOP Best Buy Kentwood 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 the home has crystal chandeliers, marble tile, new windows, new mechanicals

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

has pre-1980’s accoutrements, decor and/or is in poor condition.

Kentwood Michigan Top Best Buy Homes Oct 2010

November 2010 22 TOP BEST BUYS in Kentwood MI Homes

Lowest prices/Sq Ft range from $39.25 to $59.30

Lowest list price – $ 55,000

Highest list price – $154,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

4486 Burgis Ave $55,000 1213 Sq Ft $45.34/SqFt

142 Regent St SE $59,900 1250 SqFt $47.92/Sq Ft

5910 Pine Vista St $62,500 1054 Sq Ft $59.30/SqFt

232 43rd St SE $64,900 1233 Sq Ft $52.68/SqFt

872 Tierra St SE $66,000 1406 Sq Ft $46.94/Sq Ft

373 60th St SE $68,000 1470 Sq Ft $46.26/SqFt

3750 Breton Rd SE $68,000 1650 Sq Ft $41.21/Sq Ft

2700 32nd St SE $69,900 1778 Sq Ft $39.31/Sq Ft

5393 Newcastle Dr $69,900 1781 Sq Ft $39.25/Sq Ft

3075 Paris Park Dr $72,900 1711 SqFt $42.61/SqFt

5518 Edgelawn Dr $75,000 1454 Sq Ft $51.58/Sq Ft

1449 48th St SE $84,900 1779 Sq Ft $47.72/Sq Ft

876 Bellewood Dr $94,900 2282 Sq Ft $41.59/Sq Ft

5724 Burgis Ave $99,900 1710 SqFt $58.42/SqFt

1717 Lockmere Dr $110,000 2050 Sq Ft $53.66/Sq Ft

1024 52nd St $113,000 1932 SqFt $58.49/SqFt

2198 Innwood Dr $118,000 2100 Sq Ft $56.19/Sq Ft

1718 Pembroke St $120,000 2604 Sq Ft $46.08/SqFt

4677 Crosswinds Dr $123,500 2200 Sq Ft $56.14/Sq Ft

2631 Mapleview St $124,900 2155 Sq Ft $57.96/Sq Ft

3255 Nature View $125,500 2688 Sq Ft $46.69/Sq Ft

1160 Edsel St SE $154,900 2878 SqFt $53.82/SqFt

****Underlined homes have had recent price reductions

Kentwood has been hit hard by the real estate downturn,

propelled by foreclosures and short sales. Short Sales are

extremely difficult for most home buyers to consider as a

purchase due to timing. Please keep in mind the time alone

[2-9 months] of negotiating with the banks makes it difficult

for some buyers to consider. Foreclosures are “somewhat” easier

to purchase but many are sold as-is, which means you have to

have funds for home improvements.

The FHA 203K loan will allow you to roll some home improvement

costs into your home loan. If you have been considering a

Kentwood home purchase, ask us about how this loan can work

for you. Interest rates are still at record lows and inventory

is very affordable in Kentwood.

Rockford Michigan Top Best Buy Homes Nov 2010

Posted on December 16, 2010 by Terry & Bonnie

Rockford Michigan Top Best Buy Homes Nov 2010

A list of the TOP Rockford 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 updated decor, new flooring, & an

updated kitchen and baths, this would be more per square

foot than a home that still has the 1970’s decor and/or is in

poor condition.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

The homes listed below are probably dated and would need

new carpeting, paint, and kitchen-bath redos at a minimum

to bring them to current market standards. They might need

major repair work done, such as a new roof & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.*

Rockford Dam Boardwalk

The total square footage is noted here, although only the

main floors are used to figure price per square foot, even if

the basement is finished.

November 2010 18 Top BEST BUY Homes Rockford Michigan.

Lowest list price – $ 34,400

Highest list price – $199,000

Lowest price/Sq Ft range from $40.75 to $69.15

The Top Rockford Homes to Buy by Price per Square Foot:

6680 Echo Dr NE $ 34,400 710 Sq Ft $48.45/SqFt

7735 Herrington $35,000 750 Sq Ft $46.67/Sq Ft

475 Northland Ct $54,000 1035 Sq Ft $52.17/Sq Ft

5921 West River Dr $ 58,000 1124 SqFt $51.60/SqFt

2596 Lynnhurst $ 65,000 975 Sq Ft $66.67/Sq Ft

159 Cahill Dr $65,120 1092 Sq Ft $59.63/Sq Ft

314 N Main St $ 79,900 1706 SqFt $46.83/SqFt

5927 Verta $88,000 1376 Sq Ft $63.95/Sq Ft

7674 Northland Dr $ 89,900 1300 Sq Ft $69.15/SqFt

9360 Parmeter $91,000 1476 Sq Ft $61.65/Sq Ft

2720 Rogue River $94,900 1456 Sq Ft $65.18/Sq Ft

63 S Monroe St $ 98,900 2427 Sq Ft $40.75/SqFt

8490 10 Mile Rd $103,840 1620 SqFt $64.10/SqFt

6075 13 Mile Rd $109,900 1750 Sq Ft $62.80/Sq Ft

6784 Gran Via $114,900 1680 Sq Ft $68.39/SqFt

8216 Muscatay Grv $119,900 1744 Sq Ft $68.75/SqFt

11107 Crooked Lake $183,000 3360 SqFt $54.46/SqFt

656 Orchard Ct $199,900 3296 Sq Ft $60.65/SqFt

*** Recent price reductions on underlined homes

There are still bargains to be had in the Rockford area,

with 12 homes listed under $100K this month. If you are

considering buying in Rockford, now is the time!

Prices are staying low in Rockford, inventory is high and rates

are still low but rising. Homes that are in great condition

and priced right are selling quickly. Mid-range homes in

great condition are hot!

Rockford Michigan Real Estate Market Blogs

Rockford Michigan Photo Tour

You Want To Buy A House, Now What?

If you would like to view a Rockford Top Best Buys Home,

please contact us 1-888-240-1968 x 0

or email 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

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

Posted on December 15, 2010 by Terry & Bonnie

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/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 and it should reflect

the interior finish of the home.

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

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

that still has the 1980’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.

November 2010 – 19 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $76.29 to $113.39

Highest List Price - $ 539,000

Lowest List Price - $ 79,950

The Top East GR Homes to Buy by Price per Square Foot:

2306 Burchard St SE $79,950 1048 Sq Ft $76.29/Sq Ft

2234 Argentina Dr $109,900 1308 Sq Ft $84.02/Sq Ft

293 Rosewood Ave $114,900 1242 Sq Ft $92.51/SqFt

1049 Floral Ave SE $149,900 1377 Sq Ft $108.86/SqFt

501 Lakeside Dr $149,900 1560 Sq Ft $96.09/Sq Ft

1608 Wealthy St SE $156,000 1608 Sq Ft $97.01/SqFt

670 Lovett Ave SE $159,000 1451 Sq Ft $109.58/SqFt

1134 Lakeside Dr $159,900 1470 Sq Ft $108.78/SqFt

2540 Lake Dr SE $159,900 1754 Sq Ft $91.16/Sq Ft

2868 Lake Dr $164,900 1487 Sq Ft $110.89/SqFt

1917 Hall St SE $174,900 1700 Sq Ft $102.88/SqFt

947 Breton Rd SE $177,000 1583 Sq Ft $111.81/SqFt

1350 Pinecrest Ave $179,900 1632 Sq Ft $110.23/Sq Ft

1138 Lakeside Dr $189,900 1736 Sq Ft $109.39/SqFt

1032 San Juan Dr SE $189,900 1696 Sq Ft $111.97/SqFt

1640 Sherman St SE $190,000 2037 Sq Ft $93.27/SqFt

2405 Oakwood Dr $199,900 1786 Sq Ft $111.93/SqFt

1245 Woodshire Ave $254,900 2248 Sq Ft $113.39/SqFt

2853 Woodcliff Cir $539,000 4958 Sq Ft $108.71/SqFt

***Underlined homes have had recent price reductions.

*** Homes in Red are new listings (less than 30 days)

East Grand Rapids homes are selling. If you have been waiting

for the right time to buy, don’t wait any longer. Rates are still low,

though on the rise. We are seeing definite signs of competition

for the Top Best Buy homes in East Grand Rapids and Forest Hills.

Homes in good condition and priced appropriately are selling.

The Top Best Buy homes available this month in East Grand Rapids

are headed toward the center, lowest prices are higher and highest

prices are staying steady.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition. Sold-As-Is*

Additional Articles:

Which Mortgage Do I Choose?

East GR Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

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 Top Best Buy Homes November 2010

Posted on December 10, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes November 2010

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 the home 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 a derelict or tired condition.

November 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $200,000

Lowest list price is $46,800

Lowest price/Sq Ft range from $35.32 to $87.71

The Top 20 Caledonia Homes to Buy by Price/Square Foot:

8935 Croniger St           $ 46,800     960 Sq Ft     $35.32/SqFt

6320 Buttrick Ave          $ 60,750     750 Sq Ft   $81.00/SqFt

8782 66th Street           $ 66,000   1560 Sq Ft   $41.03/SqFt

114 Johnson St             $ 69,900   1200 Sq Ft    $58.25/SqFt

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

9040 100th St              $109,900      1500 Sq Ft    $73.27/SqFt

6882 Alaska Ave           $109,900      1424 Sq Ft    $77.18/SqFt

7777 Thornapple River $114,900    1847 Sq Ft    $62.21/SqFt

10464 Patterson         $114,900    1740 Sq Ft    $66.03/SqFt

9949 Whitneyville      $119,900    1666 Sq Ft    $71.97/SqFt

8877 Alanada Dr      $128,900     2053 Sq Ft    $82.79/SqFt

7102 Channel Dr     $129,900     1624 Sq Ft    $79.99/SqFt

119 Johnson St       $139,900     1664 Sq Ft    $84.07/SqFt

429 Emmons St      $144,900     1998 Sq Ft    $72.52 Sq Ft

6093 E Alanada Ct $149,900     2053 Sq Ft   $73.02/SqFt

6605 Ravineview Rd $157,873   1800 Sq Ft   $87.71/Sq Ft

9115 River Ridge Dr $170,000   1956 Sq Ft   $86.91/Sq Ft

7468 E Morgan Ln    $177,750   2136 Sq Ft   $83.22/Sq Ft

6812 60th St SE      $179,900   2418 Sq Ft   $74.40/Sq Ft

5754 Duncan Cove $200,000   2414 Sq Ft $82.85/SqFt

With only 5 homes priced under $100K, there are fewer bargains

to be had in Caledonia real estate. Price is still being driven

downward UNLESS homes are in great condition and even

that isn’t a guarantee that the home will sell quickly.

If a Caledonia home is where you would like to live,

interest rates are at historically low rates and inventory

is still high. Waiting to see the bottom of the market could

be a mistake, you can’t tell it is the bottom until it is gone.

More Caledonia Michigan Real Estate Articles

Home Buying Questions Answered

***Please note that this list can change daily as some homes

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

Some of these homes may be bank owned foreclosures and

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

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 Neighborhood Market Report – Crystal Springs 2010

Posted on December 2, 2010 by Terry & Bonnie

Caledonia Michigan Real Estate Neighborhood Market Report – Crystal Springs 2010

Crystal Springs Development in Caledonia, Michigan is a large,

residential suburban housing development that was started in the

late 1980s and most construction was finished in the 1990s

although some newer homes have been built since 2000. There are

also a few vacant lots left to develop.

This development covers an area around 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 Stonewater Golf Course.

The public school system is Kentwood, 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-Dec 2010 Real Estate

Residential Market Report

Crystal Springs Neighborhood

Active Listings: 12 Active Listings

Average Price: $279,350

Price per Sq Ft: $111.21 (Main Floor only)

Average days on the Market: 75

PENDING: 4 homes

SOLD: 15 Sold Homes

Average Price: $ 210,133

Average Price Per Sq Ft: $ 96.48 (Main floor only)

Average Days on the Market: 116

Absorption Rate for Crystal Springs Listings is 9.6 months for the

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

it will take 9.6 months for the current homes to sell at the current

rate of sales.

Crystal Springs Homes that are priced competitively are selling.

Average list price is up and sold price is down from 2009. Sold homes are

nearly half of 2009 totals but have started to rebound late in the year.

The average sold price has fallen anther 10% from 2009 average sold

price.

Additional Crystal Springs Articles:

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia Michigan Real Estate Reports

Kentwood Michigan Real Estate Reports

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

_______________________________________________________________________________

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

Lowell Michigan Top Best Buy Homes Oct 2010

Posted on November 5, 2010 by Terry & Bonnie

Lowell Michigan Top Best Buy Homes Oct 2010

A list of the TOP Best Lowell 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 updated decor, new flooring, & an

updated kitchen and baths, this would be more per square

foot than a home that still has the 1970’s decor and/or is in

poor condition.

Please note that this list can change daily as some homes

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

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Great opportunities to buy a Lowell Home at bargain prices:

The lowest price/Sq Ft range from $44.88 to $95.57

Lowell 19 Top Best Buy Homes this month

October 2010 18 TOP BEST BUY Lowell Homes

Lowest list price is $59,900

Highest list price is $190,000

The Top Lowell Homes to Buy by Price per Square Foot:

825 Hunt St $ 59,900 825 SqFt $55.46/SqFt

2838 Guildford Dr $ 60,000 1116 Sq Ft $53.76/SqFt

730 E Main St $ 64,900 1446 Sq Ft $44.88/SqFt

410 Hunt St $94,900 1360 Sq Ft $69.78/SqFt

1436 Baywicke Dr SE $ 95,400 1056 SqFt $90.34/SqFt

1808 Birmingham $ 109,000 1409 Sq Ft $77.36/SqFt

10820 Sconcewood $109,900 1224 Sq Ft $89.79/SqFt

936 Beech Ave $114,000 1792 Sq Ft $63.62/SqFt

11317 Taunton Dr $120,000 1270 Sq Ft $94.49/SqFt

10989 Woodbushe Dr $129,900 1596 Sq Ft $81.39/SqFt

1250 Highland Hill $142,900 1508 Sq Ft $94.76/SqFt

605 Birchwood Ct $149,900 2141 SqFt $70.01/SqFt

11269 Barnsley Rd $154,000 1744 Sq Ft $88.30/SqFt

1638 Wales $159,900 2047 Sq Ft $78.11/SqFt

3041 Nyala Dr $160,000 2800 Sq Ft $57.14/SqFt

10106 Meadow Hill Ln $174,900 1830 Sq Ft $95.57/SqFt

2309 Gee St $174,900 1900 Sq Ft $92.05/SqFt

13217 52nd St SE $190,000 2911 Sq Ft $65.27/SqFt

Homes listed in red have had recent price reductions

There are still bargain priced homes for sale in Lowell,

though fewer every month. There are only 5 homes priced

under $100K. The Best Buy Homes are increasing in price

in Lowell and price/sqft has also risen substantially. The Lowell

housing inventory is turning. If prices keep going in this

direction, the bottom of the real estate market could be behind us.

Additional Lowell Michigan Articles:

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

*Some of these homes may be bank owned foreclosures

and not habitable as is or available for a mortgage in present

condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : 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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Grand Rapids Real Estate

Grand Rapids Real Estate Information

Category Archives: West Michigan Real Estate

Kentwood Michigan Real Estate Market Report Jan-Dec 2010

Kentwood Michigan Real Estate Market Report Jan-Dec 2010

In 2007, Kentwood had 434 home sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood had 448 home sales: avg sold price:$100,561

In 2010, Kentwood had 555 home sales: avg sold price: $108,777

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2010

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2010

Grand Rapids Michigan Cost vs Value Report 2010

Grand Rapids Michigan Cost vs Value Report 2010

Grand Rapids Cost vs Value Report

Lowell Michigan Top Best Buy Homes Nov 2010

Lowell Michigan Top Best Buy Homes Oct 2010

Kentwood Michigan Top Best Buy Homes Nov 2010

Kentwood Michigan Top Best Buy Homes Nov 2010

More Kentwood Michigan Real Estate Articles

Rockford Michigan Top Best Buy Homes Nov 2010

Rockford Michigan Top Best Buy Homes Nov 2010

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

Caledonia Michigan Top Best Buy Homes November 2010

Caledonia Michigan Real Estate Neighborhood Market Report – Crystal Springs 2010

Caledonia Michigan Real Estate Neighborhood Market Report – Crystal Springs 2010

Lowell Michigan Top Best Buy Homes Oct 2010

Lowell Michigan Top Best Buy Homes Oct 2010

Homes listed in red have had recent price reductions

Kentwood Michigan Real Estate Market Report Jan-Dec 2010

In 2007, Kentwood had 434 home sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood had 448 home sales: avg sold price:$100,561

In 2010, Kentwood had 555 home sales: avg sold price: $108,777

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2010

Grand Rapids Michigan Cost vs Value Report 2010

Lowell Michigan Top Best Buy Homes Oct 2010

Kentwood Michigan Top Best Buy Homes Nov 2010

Rockford Michigan Top Best Buy Homes Nov 2010

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

Caledonia Michigan Real Estate Neighborhood Market Report – Crystal Springs 2010

Lowell Michigan Top Best Buy Homes Oct 2010

****Homes listed in red have had recent price reductions****

Homes listed in red have had recent price reductions