CASCADE TOWNSHIP MICHIGAN REAL ESTATE MARKET REPORT
In the chart below, the sales activity has remained constant and cost per
square foot has stayed steady for the last few years in Cascade homes.
Even with this good news, the same story as in other local areas, the
downside is inventory.
Currently we have 204 homes for sale.
We have enough inventory to last one year if no one else decides to list
their home and put it on the market.
For the consumer, this means: Buyers are in the driver's seat. Hardly a
news flash, but if you have been considering a move to Cascade and thought
you couldn't afford it, think again. Even if you can't get as much out of your
home as you would like to, the good news is that a move to Cascade
Township will cost you almost the same as it would have 3 years ago.
Historically, we know this current trend will not last. Home prices will rise and
hopefully, you won't have missed your opportunity to live in this wonderful
community at a competitive price. No one knows when this market will hit
bottom and start the climb up.
Ideally, you want to catch it going down, NOT UP!
Don't Wait! The Time is Now!
Sales activity for Cascade Township 2004 to 2007 (10-07)
Cascade Township Homes Sold in 2004 - 246
Cascade Township Avg sold price - $311,987
Cascade Township Avg Cost/SqFt - $ 133.00
Cascade Township Homes Sold in 2005 - 254
Cascade Township Avg Sold Price - $327,367
Cascade Township Avg Cost/SqFt - $ 140.00
Cascade Township Homes Sold in 2006 - 230
Cascade Township Avg Sold Price - $374,351
Cascade Township Avg Cost/SqFt - $ 145.00
Cascade Township Homes Sold in 2007 to 10-31-07 - 174
Cascade Township Avg Sold Price - $351,337
Cascade Township Avg Cost/SqFt - $144.00
If you have questions about your Cascade Township home value,
please contact me directly.
Grand Rapids Ada MI Real Estate ~ Five Stara Real Estate
Photo of historic Cascade Township Hall 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. We believe: Grand Rapids is a Great Place to Live!
Contact Terry 616-292-7263