Current Caledonia MI Real Estate Market Report
Absorption rate for Caledonia MI Market is currently 11.6 months,
which means if no other homes come on the market, it will take
11.6 months for the current inventory to sell at the current
sales rate. This stat is up over 10 % from last month.
There are 158 current active listings, from $39,000 to $1,100,000 in
Caledonia MI.
The current average Caledonia home listed price is much higher
[about $304,067] than the average sold price [$174,781].
20 Pending Home Sales, and 88 Sold Homes since Sept 1, 2008.
The average sold price/Square foot is $ 98.38
This shows me that the upper end of the Caledonia market is slower
to sell (12 sales over $200K) than the lower end (under $200K) is selling.
Sold price per square foot continues to slide downward, overall. There are
some excellent buys in Caledonia, don't wait until they are gone.
Caledonia March 2009 Absorption Report
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
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Photo of Ruehs Park Caledonia Michigan by Bonnie Westbrook
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