Grand Rapids Michigan Real Estate Blog

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Cascade Township, Michigan Real Estate Market Report ~ Nov 2007

 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. 

      Historic Cascade MI Township hall                                                                                                                                                   

 

 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

                                                                         

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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!

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Comment balloon 0 commentsTerry & Bonnie Westbrook • November 04 2007 12:26PM

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