Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences – May 2011

Forest Hills Michigan Neighborhood Real Estate Report – Watermark May 2011

Quick Snapshot of Watermark Residences Real Estate Activity

Jan 1 through May 24, 2011

Watermark_CC_18

9 Active Listings

  1. $ 189,900       5363 Prairie Home Dr
  2. $ 324,900       5340 Prairie Home Dr
  3. $ 344,460       1959 Talamore Ct
  4. $ 399,900       2025 Talamore Ct
  5. $ 409,900       2029 Talamore Ct
  6. $ 525.000       1648 Watermark Dr
  7. $ 599,900       2134 Watermark Dr
  8. $ 649,000       5650 Watermark Ct
  9. $ 2,495,000    1878 Watermark Dr

 

3 Sold Properties

  1. 1975 Watermark Dr  $351,000
  2. 5511 Alhambra Dr    $385,000
  3. 1664 Watermark Dr  $395,000

 

With 9 listings for sale and only 3 sold  in Watermark,

the absorption rate is 17 months.  Prices have been declining

in this higher priced Forest Hills neighborhood for the last few years.

 

SEARCH FOR FOREST HILLS HOMES

Michigan Golf Photos

Forest Hills Michigan Real Estate Articles

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

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Jan-Dec2010

 

Forest Hills Michigan Neighborhood Real Estate Market Report
Watermark Residences Jan-Dec 2010

Watermark single family homes and condos make this a very

attractive place to live. Quality built luxury executive homes, luxury

condo homes and a few townhouses have access off Cascade Road

and Spaulding Drive with a privacy gate at both entrances.  If you

live at Watermark you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills schools

and shopping areas.  Many of the homes have golf course frontage

on Watermark Country Club, a private course with a public restaurant.

ar124092290064911 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Watermark Residences Jan-Dec 2010 Real Estate Market Report

Homes For Sale: 4

High – $655,000

Low – $344,460

Average List price – $ 452,315

Average days on the market – 217

Homes Pending: 2

Homes Sold: 9

Average Sold price – $ 379,114

High – $ 479,000

Low –  $ 235,000

Average price per sq ft – $181.76

Average days on the market –149

Average % of Sale Price to List Price – 95.52

We have a 5.5 month Absorption Rate at the Watermark Residences.

Sales are happening but prices seem to be still inching downward, especially

in the upper price brackets.  If you want to sell your Watermark home, it

must be priced right for today’s buyers.

 

mapc728a1b80a72 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

 

SEARCH for FOREST HILL HOMES

 

Additional articles you might like:

Forest Hills Michigan Real Estate

Watermark CC Golf Pro ~ Mark Wilson

Watermark Country Club ~ Pool Time

The Grille Restaurant at Watermark

 

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

Grand Rapids Michigan Watermark Golf Course Home Open Sunday April 25th, 2010

This  luxurious home on Watermark Golf Course is Open this Sunday,

April 25th from 12 to 2 pm.

1698 Watermark Dr SE in Cascade Township, Grand Rapids Michigan

great room 1698 watermark dr gr mi 49546

This photo shows the Great Room with fireplace, views of the golf course,

and access to the kitchen and eating area.  This home has 5 bedrooms

and 4 baths, a finished lower level with Game Room, Kitchen, Billiard

Room, Theatre Room, and Home Office.

game room 1698 watermark dr gr mi 49546

Situated on the 6th tee at prestigious Watermark Golf Course, you can

literally walk out your back door and start playing golf. Or just watch

your friends from the deck as they tee off.

6th tee watermark country club grand rapids mi 49546

Video Link

Come out and see us Sunday – We will be waiting for you!

____________________________________________________________________________________________________

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 Foto Friday – Oh, Deer  Oh, Deer ar125812218972939 Foto Friday – Oh, Deer  Oh, Deer ar125812225271331 Foto Friday – Oh, Deer  Oh, Deer

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM