Grand Rapids Real Estate

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

Contact Terry 616-292-7263

More Caledonia Michigan Real Estate Articles

Caledonia Michigan Top Best Buy Homes April 2011

Posted on April 25, 2011 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes April 2011

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 a newer

kitchen, wood floors, & remodeled bathrooms, this would be more per

square foot than a home that still has 1990’s decor and/or is in

derelict or “tired” condition.

April 2011 TOP BEST BUY Caledonia MI Homes

Highest list price – $314,900

Lowest list price – $46,980

Lowest price/Sq Ft range from $51.63 to $97.44

The Top 21 Caledonia Homes to Buy by Price/Square Foot:

8650 Acorn Ave $ 46,980 910 Sq Ft $51.63/SqFt

601 Acorn St $ 79,900 998 Sq Ft $80.06/SqFt

8530 Beaver SE $ 99,000 1352 Sq Ft $73.22/SqFt

7050 84th St $105,000 1400 Sq Ft $75.00/SqFt

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

6590 Hayfield Rd $154,900 1837 Sq Ft $84.32/SqFt

6989 68th St $159,800 1640 SqFt $97.44/SqFt

6575 Hayfield Rd $172,900 2680 Sq Ft $64.51/SqFt

327 Johnson St $174,500 3000 Sq Ft $58.17/SqFt

7458 E Morgan Ln $177,750 2136 Sq Ft $83.22/SqFt

7479 E Morgan Ln $184,769 2216 Sq Ft $83.38/SqFt

6126 S Costner Ct $189,900 2085 Sq Ft $91.08/SqFt

6641 Woodville Ct $199,000 2066 Sq Ft $96.76/SqFt

6050 Glengarry Dr $199,900 2130 Sq Ft $93.85/Sq Ft

8435 Curley Trail $205,000 2482 Sq Ft $82.59/SqFt

8462 Curley Trail $225,000 3000 Sq Ft $75.00/SqFt

7841 Kraft Ave SE $225,000 2541 Sq Ft $88.55/SqFt

6162 Costner Ct $228,900 2390 Sq Ft $95.77/SqFt

8791 Costner Dr SE $247,000 2700 Sq Ft $91.48/SqFt

7434 E Morgan Ln Ct $250,000 2696 Sq Ft $92.73/SqFt

10270 Southridge Dr $314,900 3324 Sq Ft $94.74/SqFt

The homes this month in Caledonia real estate are mostly middle

to upper end homes, with only 3 homes under $100K in price. Activity

is ramping up with the advent of spring, as 22 homes went pending

in the last month, 10 sold.

Price is still a huge factor, the average sale was under $150K range.

Since the low sold was $ 25,000 and the high was over $1,000,000,

this is quite a spread. Distressed properties were about 25-30% of

sales in the last month and there were fewer available on the market.

SEARCH CALEDONIA MI HOMES

Home Buying Questions Answered

Home Buying List a Must

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

Contact Terry 616-292-7263

Caledonia Michigan Real Estate Reports

Caledonia MI Neighborhood Real Estate Market Report – Crystal Springs Jan-Dec 2010

Posted on February 15, 2011 by Terry & Bonnie

Caledonia MI Neighborhood Real Estate Market Report- Crystal Springs Jan-Dec 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.

Crystal Springs Neighborhood Market Report:

Active Listings: 4

Average Price: $249,700

Price per Sq Ft: $112.36 (Main Floors only)

PENDING: 2 homes

SOLD: 21 Sold Homes

Average Price: $ 219,567

Average Price Per Sq Ft: $ 103.10 (Main floors only)

Average Days on the Market: 152

Absorption Rate for Crystal Springs Listings is 2.2 months

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

it will take 2.2 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 around $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 again

this year.

SEARCH for Caledonia Michigan Homes

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

Caledonia Michigan Real Estate Market Report Jan-Dec 2010

Posted on January 13, 2011 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report Jan-Dec 2010

Absorption rate for Caledonia MI Market is currently 8.5 months

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

8.5 months for the current inventory to sell at the current

sales rate. This stat has risen since last year, showing the slowdown

in home sales has hit Caledonia, as well as the rest of Grand Rapids.

Active Listings – 166

Average List Price – $210,083

Sold Homes = 207

Pending Sales = 23

Average Sold Price = $181,509

Average Price /Sq Ft = $ 98.00

Sale Price to List Price = 95.66%

Average Square Feet = 1832

The Caledonia Market has more listings than this time last

year, by about 25%. Inventory is high, as sales have slowed.

This is a great time to buy a Caledonia MI home, with low

interest rates, high inventory, and slow sales. The experts tell

us there is a shadow inventory of foreclosures that will hit the

market sometime in the future. Whether they dribble into the

market or hit it in huge floods, the downward pressure on prices

will likely prevail.

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Photo of Snow Covered Fir Trees 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!

Contact Terry 616-292-7263

Watermark CC purchases Crystal Springs GC

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:

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!

Contact Terry 616-292-7263

Caledonia Michigan Top Best Buy Homes Sept 2010

Posted on October 4, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes Sept 2010

We have 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.

Lowest price/Sq Ft range from $38.74 to $89.29 in Caledonia.

September 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $269,000 Lowest list price is $27,560

The Top 122 Caledonia Homes to Buy by Price/Square Foot:

309 W Main St SE      $ 27,560      585 Sq Ft   $47.11/SqFt

8935 Croniger St       $ 62,400     960 Sq Ft     $65.00/SqFt

6300 Buttrick Ave     $ 64,900     1450 Sq Ft   $ 64.90/SqFt

114 Johnson St        $77,500      1200 Sq Ft    $64.98/SqFt

209 Terrace SE         $ 79,500     1051 Sq Ft   $38.74/SqFt

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

7398 68th St SE     $99.900     2226 Sq Ft    $44.88/SqFt

9949 Whitneyville $119,900    1667 Sq Ft    $71.93/SqFt

5695 84th St SE   $124,900    2369 Sq Ft   $52.72/SqFt

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

6461 Avalon Dr      $ 129,900   2016 Sq Ft   $64.43/SqFt

119 Johnson St      $145.000    1664 Sq Ft   $87.14/SqFt

429 Emmons St     $147,900    1998 Sq Ft $74.02/SqFt

7962 Pine Hollow    $149,900    1750 Sq Ft $85.66/SqFt

8877 Alanada Dr    $149.900    2053 Sq Ft    $73.02/SqFt

5007 92nd St SE      $159,900     1854 Sq Ft   $86.25/SqFt

6093 E Alanada Ct    $169,685     2047 Sq Ft   $77.89/SqFt

8638 Rainbow’s End $169,685    2047 Sq Ft    $82.89/SqFt

327 Johnson St       $174,500     3000 Sq Ft    $58.17/SqFt

8947 Alanada Dr    $174,900     3275 Sq Ft   $53.40/SqFt

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

7727 Rodao Dr          $269,000    3812 Sq Ft    $70.57/SqFt

With 7 homes priced under $100K, there are still 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

***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!

Contact Terry 616-292-7263

Caledonia Michigan Top Best Buy Homes – August 2010

Posted on August 24, 2010 by Terry & Bonnie

Caledonia Michigan Top Best Buy Homes – August 2010

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 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.

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

Lowest price/Sq Ft range from $37.13 to $82.85 in Caledonia.

August 2010   TOP BEST BUY Caledonia MI Homes

Highest list price is $309,000 Lowest list price is $49,900

The Top 18 Caledonia Homes to Buy by Price/Square Foot:

8787 66th St SE      $ 49,900      1344 Sq Ft   $37.13/SqFt

8935 Croniger St       $ 62,400     960 Sq Ft     $65.00/SqFt

209 Terrace SE         $ 79,500     1051 Sq Ft   $38.74/SqFt

114 Johnson St        $84,900      1200 Sq Ft    $70.75/SqFt

105 Johnson St        $94.900      1375 Sq Ft    $69.02/SqFt

513 Kinsey Ave        $98,000      1242 Sq Ft    $78.90/SqFt

7398 68th St SE      $104.900     2226 Sq Ft   $47.12/SqFt

328 E Main St SE     $122,000    1680 SqFt   $72.62/SqFt

5695 84th St SE   $139,900    2369 Sq Ft   $59.05/SqFt

429 Emmons St     $147,900    1998 Sq Ft $74.02/SqFt

6461 Avalon Dr      $ 149,900   2016 Sq Ft   $74.36/SqFt

8706 Alaska Ave    $154,900     3121 Sq Ft   $49.63/SqFt

8877 Alanada Dr    $167,000    2053 Sq Ft    $81.34/SqFt

8875 Whitneyville $176,900    2218 Sq Ft    $79.76/SqFt

8947 Alanada Dr    $189,900     3275 Sq Ft   $57.98/SqFt

5754 DuncanCove Ln $200,000 2414 Sq Ft $82.85/SqFt

8909 Kraft Ave      $280,000    4617 Sq Ft    $60.65/SqFt

7727 Rodao Dr      $309,000    3812 Sq Ft    $81.06/SqFt

With only 6 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.

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!

Contact Terry 616-292-7263

Caledonia Michigan Articles

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 Real Estate Articles

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!

Contact Terry 616-292-7263

Westbrook Realty Grand Rapids MI Real Estate

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!

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

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!

Contact Terry 616-292-7263