Current Caledonia MI Real Estate Market Report
Absorption rate for Caledonia MI Market is currently 10 months,
which means if no other homes come on the market, it will take
10 months for the current inventory to sell at the current
sales rate. This is up slightly from last month.
There are 136 current active listings, from $54,900 to $1,100,000 in
Caledonia MI.
17 Pending Home Sales, and 64 Sold Homes since Sept 1, 2008.
The current average Caledonia home listed price is much higher
[about $323,207] than the average sold price [$180,310].
This shows me that the upper end of the Caledonia market is slow
to sell and the lower end (under $200K) is selling. Sold price per
square foot continues to slide downward. There are some excellent
buys in Caledonia, don’t wait until they are gone.
Caledonia December 2008 Absorption Report
If you have any questions about Caledonia or Grand Rapids MI
homes,please contact me directly through my web site.
Grand Rapids Ada Real Estate ~ Five Star Real Estate
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Photo of Thornapple River at Ruehs Park by Bonnie Westbrook
