Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences January – May 2016

Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – May 2016

by Terry and Bonnie Westbrook

 

Quick Snapshot of Watermark Residences Real Estate Activity

January 1 through May 23, 2016

 

Cascade Township MI Neighborhood Real Estate Report

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Active Listings  2   

 

Sales Pending = 1

Sold Properties = 7

Average sold price  $ 506,812

 

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for less than they

were a year ago, about a 10% drop in average price.

This could be due to condition and age, as some

of the properties are probably due for updates

 

Current home inventory is small, but sold

properties are above average for this Spring market.

Golf course homes are considered a desirable place

to live and appeal to both local and transfer buyers.

 

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

 

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

 

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

 

 

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 All rights reserved.

____________________________________________

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

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