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

Posted on May 24, 2011 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Report – Watermark May 2011

Quick Snapshot of Watermark Residences Real Estate Activity

Jan 1 through May 24, 2011

9 Active Listings

$ 189,900 5363 Prairie Home Dr
$ 324,900 5340 Prairie Home Dr
$ 344,460 1959 Talamore Ct
$ 399,900 2025 Talamore Ct
$ 409,900 2029 Talamore Ct
$ 525.000 1648 Watermark Dr
$ 599,900 2134 Watermark Dr
$ 649,000 5650 Watermark Ct
$ 2,495,000 1878 Watermark Dr

3 Sold Properties

1975 Watermark Dr $351,000
5511 Alhambra Dr $385,000
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

____________________________________________

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

OUR FLICKR PHOTOSTREAM

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

Posted on March 11, 2011 by Terry & Bonnie

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level. This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community and they find

it a convenient place to live. Just minutes from 28th Street & Cascade

shopping, dining and amusements, you are centrally located but tucked

away from the bustle of the area for quiet, serene living and easy access

to golf.

Centennial Park Meadows Condos Real Estate Market Report

January to December 2010

Active Listings: 7

Active Average Price – $411,386

Active average $/SqFt – $ 155.16

Active average days on market – 240

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

The Absorption Rate for Centennial Park Condos is 5.6 months,

which means if no new listings come on the market, it will take

5.6 months for the existing condos to sell at the current rate

of sales. This market is seeing sales but average sold price has

declined over the last year, although listing prices are up.

Foreclosure or distressed sales may be affecting the averages.

Additional Michigan Real Estate Articles:

10 Questions for the Condo Board

Cascade Michigan Real Estate

Cascade Michigan Events

If you would like information about Grand Rapids – Cascade MI Condos

or Grand Rapids – Cascade MI Homes, please contact me directly.

If you would like this report emailed to your inbox every month, please

photo of Golf Equipment by Bonnie Westbrook

_____________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

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

Posted on February 17, 2011 by Terry & Bonnie

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.

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Posted on February 15, 2011 by Terry & Bonnie

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos April 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level. This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community

and they find it a wonderful place to live. Just minutes from 28th Street

& Cascade shopping, dining and amusements, you are centrally located

but tucked away from the bustle of the area for quiet, serene living and

easy access to golf.

Centennial Park Meadows Condos Real Estate Market Report

Jan – Dec 2010

9 For Sale 15 SOLD

Active Listings: 9

Active Average Price – $363,276

Active average $/SqFt – $ 140.62

Active average days on market – 201

High – $799,900 Low: $167,000

Sold Listings: 15

Sold average price – $ 144,083

Sold average $/SqFt – $ 90.72

Sold average days on market – 180

Low Sold Price – $ 82,500

High Sold Price – $ 273,395

Absorption Rate = 7.2 months

Sales prices are lower than year and price/square foot is also lower.

Sales are happening in Centennial but they aren’t as high as they

have been in the past. Condition may be a factor, as buyers have

many condos to choose from. Obviously distressed and foreclosure

sales bring the averages down.

SEARCH Grand Rapids Homes

Search Forest Hills Homes

photo of Golf Course by Bonnie Westbrook

____________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

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

Posted on November 23, 2010 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report

Watermark Residences Nov 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.

ar124092290064911 Grand Rapids Michigan Neighborhood Real Estate Market Reports – Watermark Residences – Jan Dec 2009

Watermark Residences

Jan-Nov 20109 Real Estate Market Report

Homes For Sale: 8

Highest List Price $ 2,700,000

Low List Price - $ 379,900

Average List price – $ 713,075

Average days on the market – 156

Homes Pending: 0

Homes Sold: 8

Average Sold price – $ 381,504

Average price per sq ft – $185.60

Average days on the market –124

Average % of Sale Price to List Price – 96.66%

We have a 11 month Absorption Rate at the Watermark Residences.

This means that it will take 11 months for the current listed homes

to sell based on the current rate of sales. This area has had a slow

market this year, especially in the upper price brackets. If you want

to sell your Watermark home, it must be priced right for today’s buyers.

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

_____________________________________________________________________________________________________

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010

Posted on April 29, 2010 by Terry & Bonnie

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level. This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community and they find it a

wonderful place to live. Just minutes from 28th Street & Cascade shopping,

dining and amusements, you are centrally located but tucked away from

the bustle of the area for quiet, serene living and easy access to golf.

Centennial Park Meadows Condos

Real Estate Market Report

Jan – April 2010

0 For Sale, 0 Pending, 7 SOLD

Centennial Condos Active Listings: 0

Centennial Condos Active Average Price – $0

Centennial Condos Active average $/SqFt – $ 0

Centennial Condos Active average days on market – 0

Centennial Condos Sold Listings: 7

Centennial Condos Sold average price – $ 160,036

Centennial Condos Sold average $/SqFt – $ 97.72

Centennial Condos Sold average days on market – 174

Low Sold Price – $ 83,000

High Sold Price – $ 300,000

This market is seeing sales in 2010 and with no condos on the market,

it is difficult to say how long before a new listing would sell, most

likely quickly, if priced correctly.

The average sold price is slightly lower than it was last year but the one

obviously distressed sale brings the averages down.

If you would like information about Grand Rapids – Cascade MI Condos

or Grand Rapids – Cascade MI Homes, please contact me directly.

If you would like this report emailed to your inbox every month, please

photo of Golf Equipment by Bonnie Westbrook

____________________________________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Tag Archives: grand rapids mi golf course real estate report

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

Quick Snapshot of Watermark Residences Real Estate Activity

SEARCH FOR FOREST HILLS HOMES

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report Jan–Dec 2010

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

SEARCH for FOREST HILL HOMES

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos Jan-Dec 2010

Grand Rapids Michigan Neighborhood Real Estate Market Report – Centennial Park Condos April 2010

SEARCH Grand Rapids Homes

Search Forest Hills Homes

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

Forest Hills Michigan Neighborhood Real Estate Market Report

Watermark Residences Nov 2010

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010

Grand Rapids Michigan Centennial Park Condos Real Estate Market Report April 2010