Catamount properties are in the rolling hills adjacent to the
Grand River in the northern section of Ada Township in a gated
community with privacy and wooded acreage. Executive style
homes with lots of room for entertaining and all the custom extras
that make a home luxurious are the norm here. If you are
searching for a prestigious address, this could be what you are
looking for, as it is one of the most affluent neighborhoods in the
Grand Rapids area.
Catamount Market Report February 2009
6 For Sale, 4 Sold, 5 Expired, 1 Pending
Catamount Active Listings: 6
Catamount average active price - $799,296
Catamount average active price /SqFt - $ 221.41
Catamount average days on market - 222
Catamount SOLD Listings: 4
Catamount average sold price - $ 676,250
Catamount average sold price/SqFt - $ 224.03
Catamount average sold days on market - 71
The Absorption Rate for Catamount Homes is 21 months, which means if
no new listings come on the market it will take 21 months for the existing
homes to sell at the current rate of sales. The average sold price dropped
in 2008 and into the 2009. The average list price is $125,000 over current
selling price. Only 4 homes sold in the last 14 months, which means buyers
are scarce in this segment of the market.
If you would like further information about the value of your Ada or
Grand Rapids Home, please contact me directly at:
1-888-240-1988 ext 0.
If you would like these monthly reports emailed to you,
please send your email address and in which report you are interested
in receiving.
Grand Rapids MI Real Estate - Westbrook Realty
Copyright 2009 All rights reserved
photo of the Grand River in Ada 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. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Terry, You are on it, you have great info on your area. Johnathan
Johnathan: Thanks for stopping by.