Cascade Neighborhood Absorption Report
Caravelle Village is an established subdivision built in the late 1960's
and 1970's just south of Burton Street, east of Kraft Avenue and west
of Cascade Road in Cascade Township. These Grand Rapids Homes
have the traditional mix of two stories, tri-levels and ranches. A desirable
place to live with median priced homes, Forest Hills Schools, and close to
28th shopping and restaurants. Originally built by a variety of builders, the
homes here are quality construction in a safe neighborhood and close to
the historic village of Cascade and 28th Street shopping.
Caravelle Village Residential Real Estate
May 2009 Market Report
4 For Sale, 1 SOLD, 1 Pending, 1 Expired
Caravelle Village Active Listings: 4
Caravelle Village Average Active Price - $ 177,425
Caravelle Village Average Active Price/Sq Ft - $ 129.79
Caravelle Village Average Days on the Market - 204
Caravelle Village SOLD Listings: 1
Caravelle Village Average Sold Price - $ 175,000
Caravelle Village Average Sold price/SqFt - $ 128.39
Caravelle Village Average Sold Days on the Market - 34
Caravelle Village Pending Listings: 1
Caravelle Village Expired Listings: 1
At the current rate of sales, we have a 20 month supply of homes in
Caravelle Village, if no new homes come on the market.
MARKET SYNOPSIS: Only one home has sold in Caravelle Village since
January of this year. The average listed price has dropped about $10K
from last year, but buyers are still reluctant.
This has been a popular area for home buyers, but your home must be
in top notch condition and priced to sell in today's market.
Forest Hills Michigan Top Best Buy Homes May 2009
Forest Hills Michigan ~ Public School News Update May 2009
Forest Hills Michigan Absorption Report ~ May 2009
Forest Hills Michigan Absorption Report ~ April 2009
Grand Rapids -Ada Real Estate - Westbrook Realty
Copyright 2009 All rights reserved
photo of Cascade Town Hall Gardens by Bonnie Westbrook
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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
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