Grand Rapids Michigan Real Estate Blog

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Caledonia MI Absorption Report Feb 2009

Current Caledonia MI Real Estate Market Report

Absorption rate for Caledonia MI Market is  currently 10 months,

which means if no other homes come on the market, it will take

10 months for the current inventory to sell at the current

sales rate.  This is up slightly from last month.

 

There are 136 current active listings, from $54,900 to $1,100,000 in

Caledonia MI.

17 Pending Home Sales, and 64 Sold Homes since Sept 1, 2008.

The current average Caledonia home listed price is much higher

[about $323,207] than the average sold price [$180,310]. 

 

This shows me that the upper end of the Caledonia  market is slow

 to sell 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 through my web site.

 

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!

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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 • February 23 2009 08:04PM

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