Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010
Tamarron Estates is an upscale suburban development with large
wooded lots, walking access to Thornapple Elementary School and
the Thornapple River Backwaters. It is located just off of
Thornapple River Drive and Cascade Road in Cascade Township.
The house styles vary from large, comfortable ranches, traditional
two stories, to contemporary homes. Many of the homes were built
in the late 1970′s to the mid 1980′s, though there is a new street
that has much newer homes on acreage settings. Some houses close
to and surrounding this development are in the upper price brackets
in the Grand Rapids real estate market.
Tamarron Residential Real Estate Jan-April 2010 Market Report
Tamarron Active Listings: 4
Average Price – $ 305,925
Average Price/SqFt – $ 120.34
Average Days on Market – 159
Tamarron SOLD Listings: 7
Average Sold Price – $ 388,986
Average Sold Price/SqFt – $ 110.10
Average Sold Days on Market – 193
% Sold Price to List Price – 92.12%
Absorption Rate = 6.9 months
MARKET SYNOPSIS: Tamarron homes are selling but not at the
prices that sellers would like to see. Today’s market is accepting
homes around $110.00/sq ft. A Tamarron Estates home will
take longer to sell and for less than most sellers anticipate.
Forest Hills Michigan Real Estate Market Reports
If you have questions about the value of your Cascade or Forest Hills
Home, please contact me directly: terry@terrywestbrook.com or
call me at 1-888-240-1968 ext 0
Photo of Swan Pair by Bonnie Westbrook
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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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