Current Caledonia MI Real Estate Market Report
Absorption rate for Caledonia MI Market is currently 9.6 months,
which means if no other homes come on the market, it will take
9.6 months for the current inventory to sell at the current
sales rate.
There are 133 current active listings, from $60,900 to $1,100,000 in
Caledonia MI.
20 Pending Home Sales, and 77 Sold Homes since July 1, 2008.
The current average Caledonia home listed price is much higher
(about $130K) than the average selling price. This shows
that the upper end of the Caledonia market is slow and the
lower end (under $200K) is selling. Sold price per square foot
continues to slide downward. There are some excellent buys
in Caledonia, don't wait until they are gone.
Caledonia December 2008 Absorption Report
If you have any questions about Caledonia or Grand Rapids MI
homes,please contact me directly.
Grand Rapids Ada Real Estate ~ Westbrook Realty
Copyright 2009 All rights Reserved
Photo of Thornapple River at Ruehs Park 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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I just looked and a major part of the Kent County, especially Caledonia qualifies for USDA mortgage loans! That is really good news for the folks looking at homes in that area!
Eleanor: In our area we call them "Silo" loans if you can see a silo you may be able to qualify for a USDA loan. I haven't done many but in this market it is a good option.