Current Caledonia MI Absorption Report
Absorption rate for Caledonia MI Market is currently 12.75 months,
which means if no other homes come on the market, it will take
12.75 months for the current inventory to sell at the current
sales rate. This stat is almost half of last month’s figure.
There are 170 current active listings, from $39,000 to $1,284,900
in Caledonia MI.
The current average Caledonia home listed price is much higher
[about $323,358] than the average sold price [$181,175].
21 Pending Home Sales, and 59 Sold Homes since Jan 1, 2009.
The average sold price/Square foot is $ 95.30
Sold High $875,000 Sold Low – $34,000
There are 6 homes in million dollar + range listed, so this skews the
figures somewhat in the upper brackets.
The Caledonia market is much brisker this month. Sales have doubled
this month over the previous 5 months sales total. Newer and higher
end homes are selling, though over 1/3 of the sales were under $100
a sq/ft.
Average sold price per square foot rose this month for the first time in
months. There are some excellent buys in Caledonia but they are
disappearing fast. Don’t wait until they are gone.
Caledonia April 2009 Real Estate Market Report
Caledonia May 2009 Absorption Report
Caledonia MI Top Best Buy Homes June 2009
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