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.

Kentwood Michigan Crystal Springs Real Estate Market Report Oct 2009

Posted on October 21, 2009 by Terry & Bonnie

Kentwood Michigan Crystal Springs Real Estate Market Report Oct 2009

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.

October 2009 Real Estate Residential Market Report

Crystal Springs Neighborhood

Active Listings: 17 Active Listings

Average Price: $238,482

Price per Sq Ft: $99.88 (Main Floor only)

Average days on the Market: 148

PENDING: 4 homes

SOLD: 14 Sold Homes

Average Sold Price: $ 230,946

Average Sold Price Per Sq Ft: $ 95.48 (Main floor only)

Average Days on the Market: 109

Absorption Rate for Crystal Springs Listings is 3.3 months for the

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

it will take 3.3 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, the homes that have their price

per square foot around $100 are selling.

Sales have started to rebound in this neighborhood from last

year’s abysmal rates. Sold prices remain steady and haven’t fallen

this summer or fall, though average list price has shifted downward

about $14K to align with sold prices.

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

Caledonia Michigan Real Estate Market Report August 2009

Posted on September 17, 2009 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report August 2009

Absorption rate for Caledonia MI Market is currently 6.6 months,

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

6.6 months for the current inventory to sell at the current

sales rate. This stat is less than last month’s figure, we are seeing

a definite upturn in sales in Caledonia homes and sell times are

returning to the normal range.

Ruehs Park Caledonia Michigan

Current active listings – 158

Low $39,000 High $1,284,900

Average List Price – $304,490

Average sold price – $216,058

Pending Home Sales – 24

Sold Homes – 71

Average sold price/Square foot is $ 108.68

Sold High $875,000 Sold Low – $37,000

These stats are from May 1, 2009

There are 5 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.

The Caledonia market is selling well as buyers try to get

situated in their new homes before school starts. Newer and higher

end homes are selling, only 2 homes pending under $100,000. The majority

of pending sales are $100,000 to $200,000 price range.

Average sold price and sold price/square foot rose again this month,

though average listed price fell by about $20K.

There are some excellent buys in Caledonia but they are

disappearing fast. Don’t wait until they are gone.

Additional Caledonia Michigan Articles:

Caledonia Michigan Video Tour

Caledonia MI Real Estate

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Photo of Ruehs Park Caledonia Michigan 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 Real Estate Report ~ July 2009

Posted on August 10, 2009 by Terry & Bonnie

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is currently 8.6 months,

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

8.6 months for the current inventory to sell at the current

sales rate. This stat is one third less than last month’s figure.

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

sell times are returning to the normal range.

Ruehs Park Caledonia Michigan

There are 156 current active listings, from $39,000 to

$1,284,900 in Caledonia MI.

The current average Caledonia home listed price is much higher

[about $324,828] than the average sold price [$188,447].

25 Pending Home Sales, and 69 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 98.42

Sold High $875,000 Sold Low – $34,000

There are 6 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.

The Caledonia market is much brisker this month as buyers try to get

situated in their new homes before school starts. Newer and higher

end homes are selling, only 3 homes sold at $100,000 or under.

Average sold price per square foot rose again this month. There

are some excellent buys in Caledonia but they are

disappearing fast. Don’t wait until they are gone.

Caledonia May 2009 Real Estate Market Report

Caledonia April 2009 Real Estate Market Report

Caledonia March 2009 Absorption Report

Caledonia Michigan Video Tour

Caledonia MI Top Best Buy Homes June 2009

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

Caledonia Michigan Real Estate Market Report ~ June 2009

Posted on July 22, 2009 by Terry & Bonnie

Caledonia June 2009

Units Sold

Caledonia Units sold July 2009

Sales Price Graph (Includes Sold Homes Only) Quick Sheet for June 2009

Caledonia Sales Price Graph July 2009

Active Listings Mapped in Caledonia as of July 1, 2009

(Not all homes may be shown due to map scale)

Caledonia Active Lisitngs July 2009

Caledonia Michigan has plenty of homes for sale, current count is 166

active listings, ranging in price from $39,000 to $ 1,284,900.

Average List price is $ 327,393

Average Price/SqFt = $ 157.13

Average days on market is 128 days

If you would like to view a Caledonia Michigan home, please

contact us at 616-292-7263 or email: Terry@TerryWestbrook.com

Westbrook Realty Grand Rapids Michigan Real Estate

Information is deemed reliable but not guaranteed

Caledonia Michigan Crystal Springs Real Estate Market Report ~ June 2009

Posted on July 10, 2009 by Terry & Bonnie

Crystal Springs ~ Kentwood Absorption Report June 2009

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.

Kentwood high school kentwood mi

June 2009 Real Estate

Residential Market Report

Crystal Springs Neighborhood

Active Listings: 28 Active Listings

Average Price: $267,893

Price per Sq Ft: $112.54 (Main Floor only)

Average days on the Market: 140

PENDING: 8 homes

SOLD: 13 Sold Homes

Average Price: $ 205,731

Average Price Per Sq Ft: $ 92.05 (Main floor only)

Average Days on the Market: 100

Absorption Rate for Crystal Springs Listings is 8 months for the

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

will take 8 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, the homes that have their price

per square foot under $100 are selling in about 3 months.

Many sellers have retired from the market and will try again in

the spring. They might find a better buying market, but prices are

still on the downward trend. With lower interest rates, this may

spur the local economy and put more buyers into the game.

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia MI June 2009 Real Estate Market Report

Top Best Buys Caledonia Michigan June 2009

Video Tour of Caledonia Michigan

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

Grand Rapids Ada Real Estate ~ Westbrook Realty

photo of Kentwood High School Football Stadium by Bonnie Westbrook

Caledonia Michigan Real Estate Market Report ~ June 2009

Posted on June 29, 2009 by Terry & Bonnie

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is currently 12.75 months,

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

12.75 months for the current inventory to sell at the current

sales rate. This stat is almost half of last month’s figure.

Ruehs Park Caledonia Michigan

There are 170 current active listings, from $39,000 to $1,284,900

in Caledonia MI.

The current average Caledonia home listed price is much higher

[about $323,358] than the average sold price [$181,175].

21 Pending Home Sales, and 59 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 95.30

Sold High $875,000 Sold Low – $34,000

There are 6 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.

The Caledonia market is much brisker this month. Sales have doubled

this month over the previous 5 months sales total. Newer and higher

end homes are selling, though over 1/3 of the sales were under $100

a sq/ft.

Average sold price per square foot rose this month for the first time in

months. There are some excellent buys in Caledonia but they are

disappearing fast. Don’t wait until they are gone.

Caledonia April 2009 Real Estate Market Report

Caledonia May 2009 Absorption Report

Caledonia Michigan Video Tour

Caledonia MI Top Best Buy Homes June 2009

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

Caledonia Michigan Real Estate Market Report ~ May 2009

Posted on May 27, 2009 by Terry & Bonnie

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is currently 24 months,

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

24 months for the current inventory to sell at the current

sales rate. This stat is over double from last month.

Ruehs Park Caledonia Michigan

There are 164 current active listings, from $39,000 to $1,284,900 in

Caledonia MI.

The current average Caledonia home listed price is much higher

[about $328,384] than the average sold price [$139,456].

19 Pending Home Sales, and 17 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 79.51

Sold High $270,000 Sold Low – $34,000

There are 6 homes over a million dollars listed, so this skews the

figures somewhat in the upper brackets.

However, the upper end of the Caledonia market is much slower

to sell (4 sales over $200K) than the lower end (under $200K) is selling.

Sold price per square foot continues to slide downward, overall. There are

some excellent buys in Caledonia, don’t wait until they are gone.

Caledonia April 2009 Real Estate Market Report

Caledonia March 2009 Real Estate Market Report

Caledonia December 2008 Absorption Report

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

Caledonia MI Real Estate Market Report ~ April 2009

Posted on April 24, 2009 by Terry & Bonnie

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is currently 11.6 months,

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

11.6 months for the current inventory to sell at the current

sales rate. This stat is up over 10 % from last month.

Ruehs Park Caledonia Michigan

There are 158 current active listings, from $39,000 to $1,100,000 in

Caledonia MI.

The current average Caledonia home listed price is much higher

[about $304,067] than the average sold price [$174,781].

20 Pending Home Sales, and 88 Sold Homes since Sept 1, 2008.

The average sold price/Square foot is $ 98.38

This shows me that the upper end of the Caledonia market is slower

to sell (12 sales over $200K) than the lower end (under $200K) is selling.

Sold price per square foot continues to slide downward, overall. There are

some excellent buys in Caledonia, don’t wait until they are gone.

Caledonia March 2009 Real Estate Market Report

Caledonia December 2008 Absorption Report

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

Absorption Report ~ Caledonia Michigan ~ March 2009

Posted on March 25, 2009 by Terry & Bonnie

Current Caledonia MI Real Estate Market Report

Absorption rate for Caledonia MI Market is currently 10.3 months,

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

10.3 months for the current inventory to sell at the current

sales rate. This is up slightly from last month.

There are 140 current active listings, from $54,900 to $1,100,000 in

Caledonia MI.

17 Pending Home Sales, and 78 Sold Homes since Sept 1, 2008.

The current average Caledonia home listed price is much higher

[about $317,583] than the average sold price [$178,164].

This shows me that the upper end of the Caledonia market is slow

to sell and the lower end (under $200K) is selling. Sold price per

square foot continues to slide downward. Homes are selling

and inventory has ticked up slightly. There are some excellent

buys in Caledonia, don’t wait until they are gone.

Caledonia February 2009 Absorption Report

Caledonia December 2008 Absorption Report

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Photo of Caledonia High School by Bonnie Westbrook

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Tag Archives: Caledonia MI Real Estate market reports

Caledonia Michigan Real Estate Market Report – Jan-Dec 2009

Kentwood Michigan Crystal Springs Real Estate Market Report Oct 2009

Caledonia Michigan Real Estate Market Report August 2009

Caledonia Michigan Real Estate Report ~ July 2009

Caledonia Michigan Real Estate Market Report ~ June 2009

Caledonia Michigan Crystal Springs Real Estate Market Report ~ June 2009

Caledonia Michigan Real Estate Market Report ~ June 2009

Caledonia Michigan Real Estate Market Report ~ May 2009

Caledonia MI Real Estate Market Report ~ April 2009

Absorption Report ~ Caledonia Michigan ~ March 2009