Grand Rapids MI Real Estate Market Report Nov 2008 – Caravelle Village in Cascade Township

Posted on December 2, 2008 by Terry & Bonnie

Caravelle Village is an established subdivision built in the late 1960’s

and 1970’s just south of Burton Street, east of Kraft Avenue and west

of Cascade Road in Cascade Township. These Grand Rapids Homes

have the traditional mix of two stories, tri-levels and ranches. A desirable

place to live with median priced homes, Forest Hills Schools, and close to

28th shopping and restaurants. Originally built by a variety of builders, the

homes here are quality construction in a safe neighborhood and close to

the historic village of Cascade and 28th Street shopping.

town hall gardens cascade mi

Caravelle Village Residential Real Estate

October 2008 Market Report

4 For Sale, 7 SOLD, 3 Expired

Caravelle Village Active Listings:

Caravelle Village Average Active Price – $ 188,675

Caravelle Village Average Active Price/Sq Ft – $ 131.17

Caravelle Village Average Days on the Market – 131

Caravelle Village SOLD Listings:

Caravelle Village Average Sold Price – $ 183,071

Caravelle Village Average Sold price/SqFt – $ 128.21

Caravelle Village Average Sold Days on the Market – 62

Caravelle Village Expired Listings: 3

Caravelle Village Average Expired Price – $194,867

Caravelle Village Average Expired Price/SqFt – $128.00

Caravelle Village Average Expired Days on the market – 115

At the current rate of sales, we have a 6 month supply of homes in

Caravelle Village, if no new homes come on the market.

MARKET SYNOPSIS: Not much new activity for Caravelle Village this month.

The average listed price is coming down, but the average expired price has

risen. ( Note:Most sellers don’t realize the CRUCIAL difference the correct listed

price makes in selling your home. If you are priced over the market, your

home will have a reduced chance of selling at your asking price. Your home

will not be considered a viable commodity until the price is at the average

selling price per square foot for your area. That is the market place today.)

This is a popular area for home buyers, but your home must be in top notch

condition and priced to sell in todays market.

234 Cascade Township homes have sold in 2008

The 2008 average Cascade Township home price is $306,712

Caravelle Village Market Report June 2008

Caravelle Village Market Report July 2008

Caravelle Village Market Report August 2008

Forest Hills Schools Market Report Sept 2008

Caravelle Village Market Report Oct 2008

Grand Rapids -Ada Real Estate – Five Star Real Estate

photo of Cascade Town Hall Gardens by Bonnie Westbrook

Hidden Hills – Cascade Township MI – Nov 2008 Real Estate Market Report

Posted on December 2, 2008 by Terry & Bonnie

Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids.

Home construction started here in the 1960’s housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban sub-

division area has been a desirable place to live in the Grand Rapids home

market for many years.

Fall foliage in Grand Rapids MI

Hidden Hills, Cascade Township

Residential Real Estate Market Report

~ November 2008 ~

10 For Sale, 12 SOLD, 5 Expired

Hidden Hills Active Listings

Hidden Hills Average Active Price: $ 270,030

Hidden Hills Average Active Price Per Sq Ft: $ 113.96

Hiiden Hills Active Average Days on Market: 109

Hidden Hills Sold Homes

Hidden Hills Average SOLD Price: $ 269,242

Hidden Hills Average SOLD Price Per Sq Ft: $ 116.90

Hidden Hills Average SOLD Days on the Market: 94

Hidden Hills Expired Homes

Hidden Hills Average Expired Price: $ 298,940

Hidden Hills Average Expired Price Per Sq Ft: $126.29

Hidden Hills Average Expired Days on the Market: 126

At the current rate of sales, we have a 10 month supply of homes

in the Hidden Hills market.

MARKET SYNOPSIS: Hidden Hills home prices still seem to be slipping

downwards in price, not appreciably, but they still have a downward trend.

Time on the market has increased and will probably continue to do so for the

winter months. No new homes have come on the market and many of the

over priced homes in Hidden Hills have decided to not sell in this market.

Forest Hills School District Average Sold Home Prices last 5 years:

2008 – $ 279,709

2007 – $ 269,445

2006 – $ 300,691

2005 – $ 282,173

2004 – $ 268,072

Hidden Hills Market Report July 2008

Hidden Hills Market Report June 2008

Hidden Hills Market Report Oct 2008

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly.

photo of Fall Crab Apple Tree by Bonnie Westbrook

Real Estate Market Report Nov 2008 ~ Ada Cascade MI

Posted on November 22, 2008 by Terry & Bonnie

Ada Cascade MI Real Estate is always active. These Grand Rapids suburban

communities have wonderful neighborhoods, some new and some older with

prestigious Forest Hills Public Schools, and private schools that attract many

homeowners, such as Ada Christian Schools.

This report will cover the July to November 2008 real estate market activity.

Ada Cascade Listings over $300,000

There are 203 Active Ada Cascade Listings in the over $300,000 category with

an average price of $663,276. The Active Listings have been on the market

for an Average of 150 Days. The Average price per square foot of Active

Listings is $207.16 with a low price of $300,000 & a high price of $2,700,000.

There have been 68 Sold Ada Cascade Listings in the over $300,000 category

with an Average price of $550,287. The Average Sold price per square foot is

$ 184.86 with Average Days on the Market at 124. The lowest sold price is

$306,200 & the highest sold price is $1,500,000. There are 9 Pending

Ada Cascade Listings in this category.

Forest Hills mi real estate market report 11-08

Forest Hills MI real estate market report 11-08

Ada Cascade Listings $100,000 to $300,000

There are 188 Ada Cascade Active Listings

Average Price of $205,252

Average Active Price per Sq Ft is $121.37

Average Active Days on the Market are 104

High Active Price is $300,000

Low Active Price is $104,900

There have been 57 Sold Ada Cascade Listings in the last 4 months.

Average Sold Price is $196,586

Average Sold Price / sq foot at $111.22

Average Sold Days on the Market is 96 Days

High Sold price is $290,000

Low sold price is $104,500

There are 21 Pending Sales in this category.

Forest Hills MI real estate market report 11-08

Ada Cascade Market Report October 2008

Ada Cascade Market Report Sept 2008

If you would like specific information about an Ada Cascade MI or

Forest Hills Home, please contact me directly at:

1-888-240-1968 ext 0

Grand Rapids Ada Real Estate Five Star Real Estate LLC

Photo of the Grand River in Ada by Bonnie Westbrook

Forest Hills Michigan ~ Real Estate Market Report ~ Nov 2008

Posted on November 17, 2008 by Terry & Bonnie

Ada Cascade MI Real Estate is always active. These Grand Rapids suburban

communities have wonderful neighborhoods, some new and some older with

prestigious Forest Hills Public Schools, and private schools that attract many

homeowners.

This report will cover the July to Nov. 2008 real estate market activity.

Forest Hills Eastern High school Ada Township MI