Caledonia Michigan Real Estate Market Report October 2015 – March 2016

Posted on March 24, 2016 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report Oct 2015 – March 2016

by Bonnie Terry Westbrook

2016 Real Estate Market Activity

October 1, 2015 to March 24, 2016

Current Active Listings = 69

from $135,000 to $1,300,000

Caledonia Pending Home Sales = 67

Caledonia Sold Homes = 119

from $ 34,675 to $ 999,900

Average Sold Price = $ 253,271

Caledonia Real Estate Market is right on target with

the Greater Grand Rapids market area. Homes are

selling at a fairly fast rate. The average single family

home average sold price has slipped down one or two

percentage points; mainly because the median priced

homes are the majority of sales. As you can see from the

statistics above, buying activity is depleting home inventory

at a steady pace this winter.

The Spring and Summer market is going to be fast

and furious for Caledonia home buyers. Be sure you have done

your “homework” before you go out looking! Sellers have the

luxury of choosing from multiple offers, so don’t set yourself

up for disappointment by not being prepared.

Caledonia has a strong appeal for home buyers

in the Greater Grand Rapids market. If you are considering a move

to or from Caledonia, it is not too early to start the process.

Give Terry a call if you would like to know what your Caledonia home

might be worth on today’s Market at: 616-292-7263.

SEARCH CALEDONIA MI HOMES

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Caledonia MI Flickr Photo-Stream

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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

Forest Hills MI Real Estate Market Report September – February 2016

Posted on March 17, 2016 by Terry & Bonnie

Forest Hills Michigan Real Estate Market Report

September – February 2016

by Terry and Bonnie Westbrook

2016 Real Estate Market Activity Forest Hills

Sept. 2015 – Feb. 2016

Active Listings = 148 From $ 50,000 to $ 2,600,000

Pending Listings – 126

Sold Homes = 418

Average Sold price: $50,000 – 239,000 = $185,000

Average Sold price: $240,000 – 350,000 = $228,619

Average Sold price: $351,000 – $3,000,000 =$ 485,000

Forest Hills home prices are on the rise, but not the

home inventory. Twenty percent fewer homes are on the

market this year compared to last year, which affects sold

figures and comparables.

Especially in the lower price ranges, finding an updated,

attractive house to buy under $200,000 is very

competitive, and under $100,00 is very rare in 2016.

Be prepared for competitive bidding if you are a

lower price bracket home hunter. Be ready for extensive

home remodeling and updates, or learn to love vintage.

The inventory of older homes far outweighs new

construction available in Forest Hills.

Forest Hills is a public school district in Ada–Cascade Michigan.

A Grand Rapids suburban community that has wonderful neighborhoods,

some new, some older. It boasts Top Ranked Forest Hills Public Schools,

private schools, and a suburban life style that attracts many home owners.

Call Terry about buying or selling a Forest Hills home.

If you are a seller, he can provide valued advice on what

updates pay off and which don’t. 616-292-7263

SEARCH FOREST HILLS HOMES

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

Forest Hills District Ranks Top in State

Forest Hills District Posts MEAP Scores

If you would like specific information about an Ada, Cascade or

Forest Hills MI Home, please contact me directly.

_____________________________________________________________________________

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!

East Grand Rapids Michigan Real Estate Market Report Sept. 2015 – Feb. 2016

Posted on March 10, 2016 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report Sept. 2015 – Feb 2016

by Terry and Bonnie Westbrook
East Grand Rapids is a community of homes

priced from the mid $100,000’s to over $1,000,000,

with the majority of homes selling from $300K to $400K.

East Grand Rapids is a very popular place to live in GR,

great public school system, its’ walkability, being close

to downtown GR Medical Mile, businesses, attractions and

shopping in Gaslight and Breton Villages.

East Grand Rapids Real Estate Report

Sept. 2015 – Feb. 2016

For the last 6 Months:

35 Active Listings – from $169,900 to $ 2,800,000

33 Pending Listings

102 Sold Homes – from $ 157,000 to $ 3,500,000

Average List Price – $ 642,217

Average Sold Price – $ 404,276

Sold home prices have risen sharply in the last 6 months

in East Grand Rapids, about 10% for the average sold price.

For sale home inventory numbers are down and sales are

gobbling up listings almost as fast as they appear.

In the lower price brackets, be prepared to pay more

than list price, regardless of condition, to be a successful buyer

in today’s East Grand Rapids real estate.

However, the higher bracket homes may take a while to sell,

days on the market vary for the last six months from 0 to 539 days.

The average home spent about 64 days on the market before going

pending.

Been thinking of selling your East Grand Rapids home?

2016 could be the time to call for a custom analysis of what your home

might be worth in today’s market. And valuable advice on what updates

current buyers are willing to pay for and which ones they aren’t.

Don’t over improve your home! Buyers will pay more for some

improvements, but not all.

If you have questions about buying/selling an East Grand Rapids home,

give Terry a call at 616-292-7263.

SEARCH EAST GRAND RAPIDS HOMES

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and the current neighborhood markets in

Ada, Cascade, Forest Hills, Caledonia, Rockford and East Grand Rapids.

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

Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences July – November 2015

Posted on December 7, 2015 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – June 2015

by Terry and Bonnie Westbrook

Quick Snapshot of Watermark Residences Real Estate Activity

July 1 through November 30, 2015

Cascade Township MI Neighborhood Real Estate Report

Active Listings =6

3 To Be Built Condo Homes

Priced from $ 499,900 to $ 925,000

Sales Pending = 1

Sold Properties = 5

Average sold price $ 565,300

Average Sold Price / Sq.Ft. = $246.00

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for more than they

were a year ago, about 10 % rise in pricing.

Inventory is small, considering 3 of the listed homes

are to be built condos. Golf course homes are still

considered 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 some

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 3

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

If you would like to view a Watermark home,

give Terry a call: 616-292-7263

SEARCH FOR FOREST HILLS HOMES

____________________________________________

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

OUR FLICKR PHOTOSTREAM

Rockford Michigan Real Estate Market Report July-October 2015

Posted on November 5, 2015 by Terry & Bonnie

Rockford Michigan Real Estate Market Report July-October 2015

by Terry and Bonnie Westbrook

Rockford is a northern suburban city near Grand Rapids,

about 15-20 minutes by freeway from the center of the city. It is a

small town on the Rogue River with an excellent public school system,

diverse businesses, and suburban resources.

Fall pumpkin display

July – October 2015 Rockford Real Estate Stats

Active Listings – 207 From $ 49,900 to $ 965,000

Pending Home Sales: 99

Sold Rockford Homes: 326 From $ 60,000 to $ 675,000

Average sold price $ 258,349

Housing sales in Courtland Township, Algoma Township and

City of Rockford are included in this report.

Rockford’s sold home prices have increased about

5% a year on average since 2013. Home inventory

is barely keeping up with sales, there is a scarcity of

quality homes in nice condition to satisfy potential

Rockford home buyers.

If you are considering putting your Rockford home on

the market, Fall and Winter are great times to market

your home without facing the crowded Spring competition.

If you have any questions about Rockford homes,

or would like to have a market price range for your home,

please contact me directly:

1-616-292-7263 or email: terry@terrywestbrook.com

SEARCH FOR ROCKFORD MICHIGAN HOMES

Forest Hills MI Neighborhood Real Estate Report Tamarron Estates July – Sept 2015

Posted on November 1, 2015 by Terry & Bonnie

Forest Hills MI Neighborhood Real Estate Report Tamarron Estates July – Sept 2015

By Bonnie and Terry Westbrook

Snapshot of Tamarron Estates Real Estate Activity

July 1 through Sept 30, 2015

Active Listings – 1

Pending Sales – 1

Sold Properties – 0 Avg.

Not much inventory for sale in Tamarron,

Spring sales were the majority of the market

for this year at 5 times the current level.

Heading into late autumn and winter, this trend

will probably continue until Spring 2016.

If you have a home to sell in Tamarron or would

like to purchase a Forest Hills home,

Terry can answer any questions you might have.

Call Terry @ 616-292-7263

SEARCH FOR FOREST HILLS HOMES

Additional Forest Hills Real Estate Articles:

Forest Hills Michigan Real Estate Articles

________________________________________________________________________________

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

Call Terry at: 616-292-7263

Kentwood Michigan Real Estate Market Report July – September 2015

Posted on October 23, 2015 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report July – Sept 2015

By Bonnie and Terry Westbrook

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, population under 50,000. It has manufacturing, shopping centers,

and lots and lots of residential housing. Kentwood Public Schools are

one of the largest school systems in the Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

2015 Real Estate Market Activity July – September

Kentwood Active Listings = 142

From $39,900 to $975,000

Pending Sales = 109

Sold Homes = 288

Average Sold Price = $ 182,327

Kentwood homes are selling, inventory is quite low.

The same story as elsewhere in the Greater Grand Rapids

housing market. Fewer homes to choose from is frustrating

for buyers and a bonus for sellers. With 142 Active listings,

Pending and Sold in last 90 days at 397, demand far exceeds

the current inventory of homes for sale.

This means buyers will have to buy homes that aren’t exactly

what they are looking for, compromises will have to happen. This

usually means the chosen home will need updates, repairs,

and overall deferred maintenance will need to be done.

If you are thinking of buying or selling a Kentwood home,

give Terry a call for advice on how to manage the current selling market.

SEARCH for Kentwood Michigan Homes

Caledonia Michigan Real Estate Market Report April – Sept 2015

Posted on October 7, 2015 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report April – Sept. 2015

by Bonnie Terry Westbrook

Fall pumpkin display

2015 Real Estate Market Activity

April 1, 2015 to September 30, 2015

Current Active Listings = 116 from $ 37,900 to $ 1,300,000

Caledonia Pending Home Sales = 52

Caledonia Sold Homes = 253

Median Sold Price = $ 259,900

Caledonia Real Estate Market is hopping.

Homes are selling for about an average of 10% more than

2013 prices. This is good news for Caledonia sellers.

Activity has increased as well. With homes from under

one hundred thousand to over a million, there is a broad

range of housing pricing and styles available.

Caledonia has a strong appeal for home buyers

in the Greater Grand Rapids market. If you are considering a move

to Caledonia, it is not too early to start the process.

Give Terry a call if you would like to know what your Caledonia home

might be worth on the market today at: 616-292-7263.

SEARCH CALEDONIA MI HOMES

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Caledonia MI Flickr Photo-Stream

_____________________________________________________________________________

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

Forest Hills MI Real Estate Market Report January – July 2015

Posted on August 28, 2015 by Terry & Bonnie

Forest Hills Michigan Real Estate Market Report Jan – July 2015

by Terry Bonnie Westbrook

Forest Hills is a public school district in Ada–Cascade Michigan.

This local real estate market is always active. A Grand Rapids suburban

community that has wonderful neighborhoods, some new, some older.

It boasts Top Ranked Forest Hills Public Schools, private schools, and

a suburban life style that attracts many home owners.

2015 Real Estate Market Activity January – July

Active Listings = 254

From $ 66,500 to $ 2,600,000

Median List Price: $ 399,900

Sold Homes = 546

Median Sold price – $319,900

Forest Hills home prices are on the rise, as are the

number of sales for 2015 compared to the last 6 months

of 2014, with a 16% rise in sold homes. Especially in the

lower price ranges, finding a good house to buy under

$300,000 is getting difficult, under $100,00 is almost

impossible. Be prepared for competitive bidding if

you are a lower price bracket home hunter. Or be ready

for extensive home remodeling and updates.

The inventory of older homes far outweighs new

construction, only 33 of the 254 homes available

in Forest Hills are new homes.

If your home needs updates or repairs, do not expect

competitive bidding, unless bargain priced. The home will eventually

sell, but not at the full market price it would get if updates were

already done. For many home sellers, this is not an option,

so home bargains are out there. Be prepared, not only will you

be putting in sweat equity, but they may not be financeable

through all lenders.

Call Terry if you are interested in buying or selling a Forest Hills home.

He has over 40 years of experience in selling and buying West Michigan

and Forest Hills homes. If you are a seller, he can provide valued advice

on what to update and what not to update to get your home sold quickly.

SEARCH FOREST HILLS HOMES

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

Forest Hills District Ranks Top in State

Forest Hills District Posts MEAP Scores

If you would like specific information about an Ada, Cascade or

Forest Hills MI Home, please contact me directly.

_____________________________________________________________________________

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!

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan – July 2015

Posted on August 6, 2015 by Terry & Bonnie

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan-July 2015

By Terry and Bonnie Westbrook

Snapshot of Quail Crest Condos Real Estate Activity

January 1 through July 30, 2015

Active Listings 3 $ 269,000 to 462,900

Pending Sales 1

Sold Properties 4 $196,000 to $285,000

Avg. Sale Price/Sq. Ft. = $100.00

Avg. Sale Price: $256,263

Quail Crest has seen good activity this year, a big increase

from last year. New construction is underway and demand

seems to be stable. The higher prices reflect the new stand

alone condos being developed in this neighborhood.

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex under construction.

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living. New construction is all single unit condos

and there are a few lots left to build.

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

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 Terry616-292-7263

OUR FLICKR PHOTO-STREAM

Forest Hills Michigan Real Estate Market Report

September – February 2016

2016 Real Estate Market Activity Forest Hills

Sept. 2015 – Feb. 2016

Forest Hills is a public school district in Ada–Cascade Michigan.

For the last 6 Months:

More Rockford MI Articles:

Snapshot of Tamarron Estates Real Estate Activity

Call Terry @ 616-292-7263

Additional Forest Hills Real Estate Articles:

Call Terry at: 616-292-7263

Forest Hills Michigan Real Estate Market Report Jan – July 2015

Forest Hills is a public school district in Ada–Cascade Michigan.

2015 Real Estate Market Activity January – July