Caledonia Michigan Home Values
Caledonia Michigan is a very desirable suburban community to live in
if you work in the Grand Rapids area. The school system is top rated,
the village and surrounding area was rated one of the Top 100 places
to live by Money Magazine in 2005. Caledonia MI is a bit rural
within a short distance of all the city attractions of Grand Rapids.
Example: Caledonia MI is about 6 miles from Gerald R. Ford
International Airport.
Caledonia Real Estate Market Report March ~ November ’08
There are 154 active homes for sale in Caledonia November ’08
Average active price is $ 321,036
Average active price/SqFt is $ 148.01
Average days on market for an active listing is 135 days.
The lowest priced home is $49,900, the highest priced
home is $1,700,000.
There are 14 homes in Caledonia in pending sales November ’08
The lowest pending price is $64,900, the highest price is
$ 434,900, averaging 159 days on the market.
There are 40 SOLD homes in Caledonia November ’08
Average sold price for Caledonia homes is $ 196,291.
Average sold price/sqft for main floor is $ 105.38.
Average sold days on market are 104.
Lowest sold price for Caledonia homes was $52,500
Highest sold price was $ 552,500
MARKET SYNOPSIS: Caledonia MI is experiencing the same
problem as other areas of our real estate market. A glut of homes
on the market and buyers with a bargain mentality. At the current
rate of sales, we have a 30+ month supply of homes, if no other
homes come on the market. If you don’t need to sell your Caledonia
home now, this is not a good time to test the waters with a high price
on your home. Save yourself the trouble and don’t list your home unless
you absolutely have to sell. And price it accordingly.
If you have questions about Caledonia homes or
Grand Rapids homes, please contact me directly.
1-888-240-1968 ext 0
Grand Rapids Ada Real Estate Five Star Real Estate
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photo of Thornapple River by Bonnie Westbrook