Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Forest Hills Michigan Neighborhood Real Estate Market Report
Watermark Residences Nov 2010

Watermark single family homes and condos make this a very

attractive place to live. Quality built luxury executive homes, luxury

condo homes and a few townhouses have access off Cascade Road

and Spaulding Drive with a privacy gate at both entrances.  If you

live at Watermark you are close to the airport, 28th Street shopping,

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

and shopping areas.  Many of the homes have golf course frontage

on Watermark Country Club.

ar124092290064911 Grand Rapids Michigan Neighborhood Real Estate Market Reports – Watermark Residences – Jan Dec 2009

Watermark Residences

Jan-Nov 20109 Real Estate Market Report

Homes For Sale: 8

Highest List Price $ 2,700,000

Low List Price -   $    379,900

Average List price – $ 713,075

Average days on the market – 156

Homes Pending: 0

Homes Sold: 8

Average Sold price – $ 381,504

Average price per sq ft – $185.60

Average days on the market –124

Average % of Sale Price to List Price – 96.66%

 

We have a 11 month Absorption Rate at the Watermark Residences.

This means that it will take 11 months for the current listed homes

to sell based on the current rate of sales.  This area has had a slow

market this year, especially in the upper price brackets.  If you want

to sell your Watermark home, it must be priced right for today’s buyers.

 

Map picture

Additional articles you might like:

Forest Hills Michigan Real Estate

Watermark CC Golf Pro ~ Mark Wilson

Watermark Country Club ~ Pool Time

The Grille Restaurant at Watermark

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

_____________________________________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities,plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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