Caledonia MI Neighborhood Real Estate Market Report- Crystal Springs Jan-Dec 2010
Crystal Springs Development in Caledonia, Michigan is a large, residential
suburban housing development that was started in the late 1980′s and
most construction was finished in the 1990′s although some newer homes
have been built since 2000. There are also a few vacant lots left to develop.
This development covers a large area around the Stonewater Golf Course
at Crystal Springs south of 68th Street to 72nd Street and encompassing
Kalamazoo Avenue on the east and west. This development has single
family homes and condos, many located right on the Stonewater Golf Course.
The public school system is Kentwood, even though the address is Caledonia.
Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,
Kentwood High School, and a short hop to M-6, which is the south beltline for
the Greater Grand Rapids area connecting US 131 on the west and I96 on the
east side of the city.
Crystal Springs Neighborhood Market Report:
Active Listings: 4
Average Price: $249,700
Price per Sq Ft: $112.36 (Main Floors only)
PENDING: 2 homes
SOLD: 21 Sold Homes
Average Price: $ 219,567
Average Price Per Sq Ft: $ 103.10 (Main floors only)
Average Days on the Market: 152
Absorption Rate for Crystal Springs Listings is 2.2 months
for the current housing inventory. If no other homes enter the market,
it will take 2.2 months for the current homes to sell at the current
rate of sales.
Crystal Springs Homes that are priced competitively are selling.
As you can see by the statistics, most of the homes that have their
price around $100/square foot are selling. Sales have started to
rebound in this neighborhood from the last few years abysmal rates.
Although on the downside, the average sold price has fallen again
this year.
SEARCH for Caledonia Michigan Homes
Caledonia Michigan Real Estate Reports
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If you would like additional information about Caledonia
or Kentwood Homes, please contact me directly at
1-888-240-1968 ext 6
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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. 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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Contact Terry 616-292-7263