Watermark Residences Neighborhood Forest Hills MI Real Estate Market Report January – April 2017

Watermark Residences Market Report January – April  2017

Forest Hills MI Neighborhood Real Estate Report

 

by Terry and Bonnie Westbrook

Golf Gear

Cascade Township MI Neighborhood Real Estate Report

 

Active Listings  6   

Sales Pending = 1

Sold Properties = 2

Average sold price  $ 449,500

 

Watermark Homes are selling, if priced for the current

market.  The average sale price seems a little on the low side for this

area.  One of the sold properties was a townhouse home, which are

the smallest homes available in this area.  Average cumulative days

on market is 93 days.  This higher than the average time on the

market for Grand Rapids homes, which reflects the higher price

range of Watermark residences.

 

With six properties for sale, this should be the Spring – Summer

market, although current inventory is high, it probably won’t last

until fall if sales continue as they have for the last year.

 

Current home inventory is in the higher price

category for condo properties in the Greater GR area.

Watermark Residences offer different types of housing.

Large single family residential homes, single family condo

residences, and a few townhouse residences make up

the housing inventory in this neighborhood.

 

 

Watermark Residences attract buyers who are

interested in the private golf course, private club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to all 4

golf courses owned by the same management

with a golf membership to any of these

golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

 

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

 

SEARCH FOR FOREST HILLS HOMES

 

Forest Hills Neighborhood Real Estate 

Copyright 2017 All rights reserved.

____________________________________________

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

 

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