Caledonia MI Neighborhood Real Estate Market Report – Crystal Springs Jan-Dec 2010

Caledonia MI Neighborhood Real Estate Market Report- Crystal Springs Jan-Dec 2010

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.

 

Stonewater_Golf_Course_Caledonia_MI

Crystal Springs Neighborhood Market Report:

Active Listings: 4

Average Price: $249,700

Price per Sq Ft: $112.36 (Main Floors only)

 

PENDING: 2 homes

SOLD: 21 Sold Homes

Average Price: $ 219,567

Average Price Per Sq Ft: $ 103.10 (Main floors only)

Average Days on the Market: 152

Absorption Rate for Crystal Springs Listings is 2.2 months

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

it will take 2.2 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, most of the homes that have their

price around $100/square foot are selling. Sales have started to

rebound in this neighborhood from the last few years abysmal rates.

Although on the downside, the average sold price has fallen again

this year.

 

SEARCH for Caledonia Michigan Homes

Caledonia Michigan Real Estate Reports

SEARCH for Kentwood Michigan Homes


If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 6

map8d05744e8b1b Caledonia Michigan Crystal Springs Neighborhood Real Estate Market Report – April 2010

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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. 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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