Absorption Report ~ Forest Hills, Michigan Watermark Residences March 2009

The Residences at Watermark are located on Watermark Golf Course just

south of Cascade Road. Yes, I play Watermark golf course every chance

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

It has an excellent grounds staff and a great pro shop staff, as well.

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

March 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 $ 799,043.

The average Watermark Homes current price per sq ft is $ 260.32.

The average days on the market for active Watermark Homes is 153.

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 8 month Absortion rate at the

Watermark Residences. This means that it will take 8 months for the

current listed homes to sell based on the current rate of sales.

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

photo of Watermark Residences Entrance by Bonnie Westbrook

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