- 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.
December 2008 Real Estate
Residential Market Report
Crystal Springs Neighborhood
The absorption rate for Crystal Springs, Caledonia MI is 14.7
months, which means if no new listings come on the market, it will
take 14.7 months for the existing homes inventory to sell at the
current rate of sale.
Active Listings: 28 Active Crystal Springs Listings
Average Price: $250,509
Price per Sq Ft: $107.09 (Main Floor only)
Average days on the Market: 109
PENDING: 0 homes
SOLD: 23 Crystal Springs Sold Homes
Average Price: $ 205,735
Average Price Per Sq Ft: $ 96.63 (Main floor only)
Average Days on the Market: 71
Expired: 29 Expired Crystal Springs listings
Average Expired Price: $254,748
Average Price Per Sq Ft: $108.34 (Main floor only)
Average Days on the Market: 146
Crystal Springs Homes that are priced competitively are selling.
As you can see by the statistics, the homes that have their price
per square foot around $100 are selling in under 3 months.
Many sellers have retired from the market and will try again in
the spring. They might find a better buying market, but prices are
still on the downward trend. With lower interest rates, this may
spur the local economy and put more buyers into the game.
Watermark CC purchases Crystal Springs GC
Crystal Springs GC has a new look & a new name
Caledonia MI Sept 2008 Real Estate Market Report
Kentwood MI Real Estate Market Report Oct 2008
Caledonia MI Crystal Springs Market Report Oct 2008
Caledonia MI Crystal Springs Market Report Nov 2008
If you would like additional information about Caledonia
or Kentwood Homes, please contact me directly at
1-888-240-1968 ext 0
Grand Rapids Ada Real Estate Copyright 2008 All rights reserved
photo of golf tournament by Terry Westbrook
