Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

 

This private par 70 golf course has plenty of challenges for golfers at

every level.  This community also has a clubhouse and restaurant for

members.

 

We have relocated several clients into this community and they find

it a convenient place to live. Just minutes from 28th Street & Cascade

shopping, dining and amusements, you are centrally located but tucked

away from the bustle of the area for quiet, serene living and easy access

to golf.

centennial golf club grand rapids mi

Centennial Park Meadows Condos Real Estate Market Report

January to December  2010

Active Listings: 7

 Active Average Price – $411,386

Active average $/SqFt – $ 155.16

Active average days on market – 240

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

The Absorption Rate for Centennial Park Condos is 5.6 months,

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

5.6 months for the existing condos to sell at the current rate

of sales.  This market is seeing sales but average sold price has

declined over the last year, although listing prices are up. 

Foreclosure or distressed sales may be affecting the averages.

 

Additional Michigan Real Estate Articles:

10 Questions for the Condo Board

Cascade Michigan Real Estate

Cascade Michigan Events


If you would like information about Grand Rapids – Cascade MI Condos

or Grand Rapids – Cascade MI Homes, please contact me directly.

If you would like this report emailed to your inbox every month, please

contact us.

Copyright 2010  All rights reserved

photo of Golf Equipment 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!

ar125812212017642 Grand Rapids Michigan – Centennial Park Condos Real Estate Market Report  Jan Dec 2009 ar125812218972939 Grand Rapids Michigan – Centennial Park Condos Real Estate Market Report  Jan Dec 2009 ar125812225271331 Grand Rapids Michigan – Centennial Park Condos Real Estate Market Report  Jan Dec 2009

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Grand Rapids Michigan Neighborhood  Real Estate Market Report – Centennial Park Condos April 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level.  This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community

and they find it a wonderful place to live. Just minutes from 28th Street

& Cascade shopping, dining and amusements, you are centrally located

but tucked away from the bustle of the area for quiet, serene living and

easy access to golf.

out of the bunker

Centennial Park Meadows Condos Real Estate Market Report

                             Jan – Dec 2010

  9  For Sale                   15 SOLD

Active Listings: 9

Active Average Price – $363,276

Active average $/SqFt – $ 140.62

Active average days on market – 201

High – $799,900             Low: $167,000

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

Low Sold Price – $ 82,500

High Sold Price – $ 273,395

Absorption Rate = 7.2 months

 

Sales prices are lower than year and price/square foot is also lower. 

Sales are happening in Centennial but they aren’t as high as they

have been in the past.  Condition may be a factor, as buyers have

many condos to choose from.  Obviously distressed and foreclosure

sales bring the averages down.

 

SEARCH Grand Rapids Homes

 

Search Forest Hills Homes

 

Copyright 2011  All rights reserved

photo of Golf Course 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!

ar125812212017642 Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010 ar125812218972939 Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010 ar125812225271331 Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM