Forest Hills MI ~ Watermark Residences Absorption Report Feb 2009

Watermark single family homes and condos make this a very attractive

place to live. Quality built homes with access off Cascade Road and

Spaulding Drive, you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills

schools and shopping areas.

Watermark Residences

February 2009 Real Estate Market Report

For Sale: 7

There are 7 active Watermark Homes currently on the market.

The average Watermark Homes current active price is $ 809,743.

The average Watermark Homes current price per sq ft is $ 240.39.

The average days on the market for active Watermark Homes is 125.

The high price is $ 2,700,000 and the low price is $ 179,800.

Sold: 7

There have been 7 Watermark Sold Homes since May 1, 2008.

The average Watermark Sold Homes price is $ 491,714.

The average Watermark Sold Homes price per sq ft is $193.81.

The average days on the market for Watermark Sold Homes is 71.

Pending: 0

Expired: 18

At the current rate of sales, we have a 9.35 month supply of homes on

the market at the Watermark Residences.

If you would like further information about Watermark,

Cascade or Forest Hills Homes, please contact me directly.

photo of Watermark Residences Entrance by Bonnie Westbrook

Grand Rapids Real Estate