Caledonia MI Real Estate Market Report ~ April 2009

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 11.6 months,

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

11.6 months for the current inventory to sell at the current

sales rate.  This stat is up over 10 % from last month.

Ruehs Park Caledonia Michigan

There are 158 current active listings, from $39,000 to $1,100,000 in

Caledonia MI.

The current average Caledonia home listed price is much higher

[about $304,067] than the average sold price [$174,781].

20 Pending Home Sales, and 88 Sold Homes since Sept 1, 2008.

The average sold price/Square foot is $ 98.38

This shows me that the upper end of the Caledonia market is slower

to sell (12 sales over $200K) than the lower end (under $200K) is selling.

Sold price per square foot continues to slide downward, overall. There are

some excellent buys in Caledonia, don’t wait until they are gone.

 

Caledonia March 2009 Real Estate Market Report

Caledonia December 2008 Absorption Report

Caledonia Michigan Video Tour

 

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids  Ada Real Estate  ~ Westbrook Realty

Copyright  2009 All rights Reserved

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

One thought on “Caledonia MI Real Estate Market Report ~ April 2009

  1. Pingback: Caledonia Michigan Real Estate Market Report ~ May 2009 « GRMiRealEstate’s Weblog

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