Caledonia MI Absorption Rate ~ Jan 2009

Current Caledonia MI Real Estate Market Report

Thornapple River at Ruehs Park

Absorption rate for Caledonia MI Market is currently 9.6 months,

which means if no other homes come on the market, it will take

9.6 months for the current inventory to sell at the current

sales rate.

There are 133 current active listings, from $60,900 to $1,100,000 in

Caledonia MI.

20 Pending Home Sales, and 77 Sold Homes since July 1, 2008.

The current average Caledonia home listed price is much higher

(about $130K) than the average selling price. This shows me

that the upper end of the Caledonia market is slow 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.

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my website.

Photo of Thornapple River at Ruehs Park by Bonnie Westbrook

Grand Rapids Real Estate