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

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Grand Rapids Michigan Neighborhood Real Estate Market Report – Watermark Residences April 2010

Grand Rapids Michigan Neighborhood Real Estate Market Report – Watermark Residences April 2010

The Residences at Watermark are located on Watermark Golf Course

south of Cascade Road.  Watermark is a premier course with friendly players,

plus with a golf course membership, you get to play 3 courses for the price

of one.  Watermark Country Club,  Sunnybrook Country Club in Jenison

and  StoneWater Country Club in Caledonia are all owned & managed by

the same  company.

Watermark single family homes and condos make this a very attractive

place to live. Quality built homes with access off Cascade Road and

Spaulding Drive, you are close to the airport, 28th Street shopping,

I-96 expressway and close to Cascade, Ada,  Forest Hills, and Grand Rapids.

watermark residences entrance grand rapids mi

Watermark Residences

Jan-April 2010 Real Estate Market Report

For Sale 7, Pending 0, Sold 0

Watermark Homes for Sale – 7

Watermark Homes Average active price is $ 861,814

Watermark Homes Average price/sq ft is $268.98

Average days on the market for active Watermark Homes is 91

The high price is $ 2,700,000 and the low price is $ 399,900.

Sold: 0

There have been 0 Watermark Sold Homes since Jan 1, 2010.

Pending: 0

Expired: 0

It is very difficult to predict sales activity with no sales in this area

for the past 7 months. Higher priced homes are seeing long marketing

times due to buyer reluctance to purchase if prices are coming down

further.

Additional articles about the Watermark Residences:

Forest Hills Michigan Real Estate 2010

Watermark Country Club

Watermark Country Club ~ Pool Time

The Grille Restaurant at Watermark CC

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM