Caledonia Michigan Real Estate Market Report August 2009

Caledonia Michigan Real Estate Market Report August 2009

Absorption rate for Caledonia MI Market is  currently 6.6 months,

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

6.6 months for the current inventory to sell at the current

sales rate.  This stat is less than last month’s figure, we are seeing

a definite upturn in sales in Caledonia homes and sell times are

returning to the normal range.

Ruehs Park Caledonia Michigan

Current active listings – 158

Low $39,000   High $1,284,900

Average List Price  – $304,490

Average sold price  – $216,058

Pending Home Sales – 24

Sold Homes – 71

Average sold price/Square foot is $ 108.68

Sold High $875,000   Sold Low – $37,000

These stats are from May 1, 2009

There are 5 homes in million dollar + range listed, so this skews the

figures somewhat in the upper brackets.


The Caledonia market is selling well as buyers try to get

situated in their new homes before school starts. Newer and higher

end homes are selling, only 2 homes pending under $100,000.  The majority

of pending sales are $100,000 to $200,000 price range.

Average sold price and  sold price/square foot rose again this month,

though average listed price fell by about $20K.

There are some excellent buys in Caledonia but they are

disappearing fast.  Don’t wait until they are gone.

Additional Caledonia Michigan Articles:

Caledonia Michigan Video Tour

Caledonia MI Real Estate

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Copyright  2009 All rights Reserved

Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook

_____________________________________________________________________________

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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Top Best Buy Homes Caledonia Michigan ~ August 2009

We have gathered a list of the top Caledonia Michigan Houses

to buy, based on price per square foot.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Caledonia MI homes for sale

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $32.83 to $89.98 in Caledonia.

We are starting to see prices creep up and inventory go

down, so if you have been waiting for the best time to

buy in Caledonia, don’t wait much longer.

August 2009  BEST BUY Caledonia Homes

Highest list price is $285,000

Lowest list price is $49,900 

The Top 29 Caledonia Homes to Buy by Price per Sq Foot:

9628 Morse Lake Ave   $ 144,900    2751 Sq Ft  $61.66SqFt

8776 Morse Lake Ave   $ 62,000     1040 Sq Ft  $59.62/SqFt

7553 68th St SE          $ 49,900      1520 Sq Ft  $32.83/Sq Ft

6929 Hammond Ave     $ 59,900     1624 Sq Ft  $36.68/SqFt

5698 Copper Corner    $110,500    1426 Sq Ft  $77.49/SqFt

 

9112 Enchantment       $114,900     1910 Sq Ft  $60.16/SqFt

8708 76th St SE           $127,000     1452 Sq Ft  $87.47/SqFt

7919 Woodville Dr SE   $135,000    2300 Sq Ft  $72.12/SqFt

213 Johnson St SE       $139,900    1942 SqFt   $72.04/SqFt

5780 68th St               $159,900     1777 Sq Ft  $89.98/SqFt

 

9583 Scotsmoor Ct SE  $ 164,638     2140 Sq Ft  $76.93/SqFt

9615 Scotsmoor Dr SE  $ 169.843    2140 Sq Ft  $79.37/SqFt

6866 Garden Valley Rd  $169,990     2264 Sq Ft  $75.08/SqFt

9580 Scotsmoor Dr        $178,637     2073 Sq Ft  $86.17/SqFt

8706 Alaska Ave SE      $214,900     3121 SqFt   $68.86/SqFt

 

9555 Kraft Ave SE     $249,000      3216 Sq Ft    $77.43/SqFt

7356 48th St SE        $126,900     1692 Sq Ft    $75.00/SqFt

2806 84th St  SE       $  54,900     1028 Sq Ft   $53.40/SqFt

3940 68th St SE       $ 94,900       2247 Sq Ft    $80.70/SqFt

9809 E Paris Ave      $ 95,000       1180 Sq Ft    $80.51/SqFt

 

4684 84th St  SE         $114,900     1888 Sq Ft   $60.86/SqFt

1616 Crescent Pointe  $164,988     2174 Sq Ft   $75.89/SqFt

1648 Crescent Pointe  $154,000     2047 SQ Ft   $75.23/SqFt

7007 Glen Creek          $224,900    3644 Sq Ft      $88.40/SqFt

2947 92nd St SE          $285,000     4158 SqFt     $68.54/SqFt

 

12580 Near Lane       $194,900     3200 Sq Ft    $88.51/SqFt

118 West St SE          $100,000    1276 SqFt     $78.37/SqFt

209 Terrace SE          $144,900    1650 Sq Ft     $87.82/SqFt

323 Johnson St         $239,900    3800 Sq Ft      $82.92/SqFt

 

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

 

Caledonia Michigan Real Estate Blogs

 

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed

Caledonia Michigan Real Estate Report ~ July 2009

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 8.6 months,

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

8.6 months for the current inventory to sell at the current

sales rate.  This stat is one third less than last month’s figure.

We are seeing a definite upturn in sales in Caledonia homes and

sell times are returning to the normal range.

Ruehs Park Caledonia Michigan

There are 156 current active listings, from $39,000 to

$1,284,900 in Caledonia MI.

The current average Caledonia home listed price is much higher

[about $324,828] than the average sold price [$188,447].

25 Pending Home Sales, and 69 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 98.42

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 as buyers try to get

situated in their new homes before school starts. Newer and higher

end homes are selling, only 3 homes sold at $100,000 or under.  

Average sold price per square foot rose again this month.  There

are some excellent buys in Caledonia but they are

disappearing fast.  Don’t wait until they are gone.

 

Caledonia May 2009 Real Estate Market Report

Caledonia April 2009 Real Estate Market Report

Caledonia March 2009 Absorption Report

Caledonia Michigan Video Tour

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

Caledonia Michigan Real Estate Market Report ~ June 2009

Caledonia    June 2009     

Units Sold

Caledonia Units sold July 2009

Sales Price Graph (Includes Sold Homes Only) Quick Sheet for June 2009

Caledonia Sales Price Graph July 2009

Active Listings Mapped in Caledonia as of July 1, 2009

(Not all homes may be shown due to map scale)

Caledonia Active Lisitngs July 2009

Caledonia Michigan has plenty of homes for sale, current count is 166

active listings, ranging in price from $39,000 to $ 1,284,900.

Average List price is $ 327,393

Average Price/SqFt = $ 157.13

Average days on market is 128 days

If you would like to view a Caledonia Michigan home, please

contact us at 616-292-7263 or email: Terry@TerryWestbrook.com

Westbrook Realty Grand Rapids Michigan Real Estate

Information is deemed reliable but not guaranteed

Caledonia Michigan Crystal Springs Real Estate Market Report ~ June 2009

Crystal Springs ~ Kentwood Absorption Report June 2009

Crystal Springs Development in Caledonia, Michigan is a large, residential

suburban housing development that was started in the late 1980’s and

most construction was finished in the 1990’s although some newer homes

have been built since 2000. There are also a few vacant lots left to develop.

This development covers a large area around the Stonewater Golf Course

at Crystal Springs south of 68th Street to 72nd Street and encompassing

Kalamazoo Avenue on the east and west.  This development has single

family homes and condos, many located right on the Stonewater Golf Course.

The public school system is Kentwood, even though the address is Caledonia.

Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,

Kentwood High School, and a short hop to M-6, which is the south beltline for

the Greater Grand Rapids area connecting US 131 on the west and I96 on the

east side of the city.

Kentwood high school kentwood mi

                     June 2009 Real Estate

                    Residential Market Report

                    Crystal Springs Neighborhood

Active Listings: 28 Active Listings

Average Price: $267,893

Price per Sq Ft: $112.54 (Main Floor only)

Average days on the Market: 140

PENDING: 8 homes

SOLD: 13 Sold Homes

Average Price: $ 205,731

Average Price Per Sq Ft: $ 92.05 (Main floor only)

Average Days on the Market: 100

 

Absorption Rate for Crystal Springs Listings is 8 months for the

current housing inventory. If no other homes enter the market, it

will take 8 months for the current homes to sell at the current

rate of sales.

Crystal Springs Homes that are priced competitively are selling.

As you can see by the statistics, the homes that have their price

per square foot under $100 are selling in about 3 months.

Many sellers have retired from the market and will try again in

the spring.  They might find a better buying market, but prices are

still on the downward trend.  With lower interest rates, this may

spur the local economy and put more buyers into the game.

 

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia MI June 2009 Real Estate Market Report

Top Best Buys Caledonia Michigan June 2009

Video Tour of Caledonia Michigan

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009     All rights reserved

photo of Kentwood High School Football Stadium by Bonnie Westbrook

Caledonia Michigan Real Estate Market Report ~ June 2009

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.

Ruehs Park Caledonia Michigan

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 Michigan Video Tour

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

Caledonia Michigan Real Estate Market Report ~ May 2009

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 24 months,

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

24 months for the current inventory to sell at the current

sales rate.  This stat is over double from last month.

Ruehs Park Caledonia Michigan

There are 164 current active listings, from $39,000 to $1,284,900 in

Caledonia MI.

The current average Caledonia home listed price is much higher

[about $328,384] than the average sold price [$139,456].

19 Pending Home Sales, and 17 Sold Homes since Jan 1, 2009.

The average sold price/Square foot is $ 79.51

Sold High $270,000   Sold Low – $34,000

There are 6 homes over a million dollars listed, so this skews the

figures somewhat in the upper brackets.

However,  the upper end of the Caledonia market is much slower

to sell (4 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 April 2009 Real Estate Market Report

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

Best Home Buys Caledonia Michigan ~ May 2009

We have gathered a list of the top Caledonia Michigan Houses to buy.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Caledonia MI homes for sale

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Lowest price/Sq Ft range from $38.18 to $79.11 in Caledonia.

May 2009  BEST BUY Caledonia Homes

Highest list price is $285,000

Lowest list price is $44,900

The Top 20 Caledonia Homes to Buy by Price per Square Foot:

6720 Campau Lake Dr   $ 44,900    1176 Sq Ft  $38.18SqFt

6937 McCords Ave        $ 64,900     1032 Sq Ft   $62.89/SqFt

6929 Hammond Ave     $ 73,900     1624 Sq Ft  $45.50/SqFt

10464 Patterson Ave   $ 74,900      1740 Sq Ft  $43.05/SqFt

10135 Farm Grove Ct   $134,900    2050 Sq Ft   $65.80/SqFt

 

9112 Enchantment Dr   $134,900    1910 Sq Ft  $70.63/SqFt

213 Johnson St SE        $144,900     1942 SqFt   $74.61/SqFt

6951 Whitneyville         $159,900    2047 Sq Ft  $78.11/SqFt

7608 Copper Corner     $165,000    2274 SqFt   $72.56/SqFT

9583 Scotsmoor Ct SE  $168,714     2140 Sq Ft  $78.84/SqFt

 

8706 Alaska Ave SE      $234,900     3121 SqFt   $75.26/SqFt

4949 Sequoia Dr SE      $179,900     3064 Sq Ft  $58.71/SqFt

6953 Glen Creek Dr      $ 76,900      1320 Sq Ft   $58.26/SqFt

3106  68th St SE          $ 79,900      1680 Sq Ft  $47.56/SqFt

4684 84th St  SE          $129,900     1888 Sq Ft   $68.80/SqFt

 

1616 Crescent Pointe  $164,988     2174 Sq Ft   $75.89/SqFt

1790 South Park Dr     $ 269,900     3453 Sq Ft   $78.16/SqFt

2947 92nd St SE          $285,000     4158 SqFt     $68.54/SqFt

430 Greenridge Dr       $164,000     2073 Sq Ft   $79.11/Sq Ft

327 Johnston St SE     $199,500     3000 Sq Ft   $66.50/SqFt

 

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

If you would like to see a Caledonia Top Best Buys Home, please

contact me: 1-888-240-1968 ext 0

or email me at terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed

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