Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan–June 2012
Quick Snapshot of Watermark Residences Real Estate Activity
Jan 1 through June 30, 2012
11 Active Listings
- $ 172,000 5363 Prairie Home Dr
- $ 300,000 2069 Watermark Dr
- $ 375,000 1627 Watermark Dr
- $ 420,000 1991 Talamore Ct
- $ 469,000 2105 Stickley Dr
- $ 579,900 1999 Watermark Dr
- $ 579,900 5642 Sunny Bank Ct
- $ 599,900 2134 Watermark Dr
- $ 625,000 5650 Watermark Ct
- $ 645,000 2052 Watermark Dr
- $1,750,000 1878 Watermark Dr
Sale Pending
1. $ 417,900 2017 Talamore Ct
4 Sold Properties
- 5341 Prairie Home Dr $ 217,000
- 5340 Prairie Home Dr $ 285,000
- 282 Feathery Dr $ 435,000
- 1803 Watermark Dr $ 528,000
With 11 listings for sale and 5 sales in Watermark in the last 6 months,
the Absorption Rate is 13 months. Any time over 8-9 months is considered a
declining market because excess inventory is pushing home costs downward.
There is a wide range of home prices in this neighborhood, from small town-
houses, detached condos to executive mansions. If you have questions about
living in a Watermark residence, give Terry a call.
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
