The Quail Crest Condo development is located west of Spaulding
and north of Burton Street in Cascade Township. There is an
entrance off Spaulding Avenue and off Burton Street. This condo
development was started in the late 1980's and continued building
into the current phase.
The condos are spacious with cathedral ceilings and many have
finished lower levels with extra bedrooms and baths. This area
has been very attractive for retirees, as they are close to all the
local amenities and shopping but no house maintenance.
Forest Hills Public Schools are the school district,
Watermark Country Club, Forest Hills & 28th Street shopping are
a short distance away. The miles of Cascade-Ada Bike/Walking Trail
connects to downtown Cascade, downtown Ada, and 28th St.
Quail Crest Condominiums Real Estate Market Report
Jan-Dec 2009
4 For Sale, 1 Pending, 10 Sold, 12 Expired
Quail Crest Condos Active Listings: 4
Quail Crest Condos Average Active Price - $237,450
Quail Crest Condos Average Active Price/SqFt - $ 169.90
Quail Crest Condos Average Active days on market - 74
Quail Crest Condos Sold Listings: 10
Quail Crest Condos average sold price - $175,450
Quail Crest Condos average sold price/SqFt - $ 119.62
Quail Crest Condos average days on market - 157
The absorption rate for Quail Crest Condos is 3.6 months, which
means if no new listings come on the market, it will take 3.6 months
for the current inventory of homes to sell at the current rate of sales.
This is much lower than typical for the Grand Rapids Market. The average
sold price and the price per square foot has fallen since the spring market.
We have seen some sellers renting instead of selling, waiting for a
return to a seller's market. That may be the route to take, if you can
play the role of landlord successfully.
Forest Hills MI Real Estate Market Report
If you have further questions about Grand Rapids or
Cascade MI Condos, please contact me directly. We can
also have these monthly market reports emailed to your
inbox, just contact us.
Grand Rapids MI Real Estate - Westbrook Realty
Copyright 2009 All rights reserved
photo of Quail Crest Entrance by Bonnie Westbrook
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