Current Caledonia MI Absorption Report
Absorption rate for Caledonia MI Market is currently 24 months,
which means if no other homes come on the market, it will take
24 months for the current inventory to sell at the current
sales rate. This stat is over double from last month.
There are 164 current active listings, from $39,000 to $1,284,900 in
Caledonia MI.
The current average Caledonia home listed price is much higher
[about $328,384] than the average sold price [$139,456].
19 Pending Home Sales, and 17 Sold Homes since Jan 1, 2009.
The average sold price/Square foot is $ 79.51
Sold High $270,000 Sold Low - $34,000
There are 6 homes over a million dollars listed, so this skews the
figures somewhat in the upper brackets.
However, the upper end of the Caledonia market is much slower
to sell (4 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 April 2009 Real Estate Market Report
Caledonia March 2009 Absorption Report
Caledonia December 2008 Absorption Report
Caledonia MI Top Best Buy Homes May 2009
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 Ruehs Park Caledonia Michigan by Bonnie Westbrook
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