Grand Rapids MI ~ Watermark Residences Market Report ~ January 2009

The Residences at Watermark are located on Watermark

Golf Course just south of Cascade Road. If you don’t like golf,

get defensive when a stray golf ball rolls into your “yard” you probably

would be better off not buying a home or condoat Watermark.

Of course you would be missing out on thebest golf course in

Grand Rapids (no prejudice here, just the facts, folks)

Yes, I play Watermark golf course every chance I get.

Watermark is a premier course with a friendly group of players.

We have anexcellent grounds staff and a great pro shop staff.

Watermark single family homes and condos make this

a very attractiveplace to live. Quality built homes with access

off Cascade Road andSpaulding Drive, you are close to the

airport, 28th Street shopping,I96 expressway and close to

Cascade, Ada, and Forest Hillsschools and shopping areas.

Watermark Residences

January 2009 Real Estate Market Report

For Sale: 7

7 active Watermark Homes currently on the market.

Watermark Homes current active price: $ 809,743

Watermark Homes current price/sq ft is $ 240.39

Watermark Homes average days on market : 109

Sold: 7

There have been 7 Watermark Sold Homes since Jan ’08.

Watermark Sold Homes average price: $ 500,333.

Watermark Sold Homes average price/sq ft: $191.68.

Watermark Sold Homes average days on market: 71

Pending: 1

Expired: 17

Average expired price: $538,047

Average expired price/sqft: $210.49

At the current rate of sales, we have a 12 month supply of homes on

the market at the Watermark Residences. Until active prices start to

align with sold prices, we don’t expect to see much activity in this area.

If you would like further information about Watermark,Cascade

or Forest Hills Homes, please contact me directly.

Grand Rapids Real Estate – Westbrook Realty

photo of Watermark Residences Entrance by Bonnie Westbrook

Grand Rapids Real Estate