Caledonia Michigan Market Report

 A GREAT TIME TO BUY IN Caledonia, MI          

• In the chart below, the sales activity has remained constant and even the cost per square foot has stayed relatively steady for the last few years in Caledonia homes. 
• Even with this good news, the same story as in other local areas, the downside is inventory.
• Currently we have 236 homes for sale. 
• We have enough inventory to last one year if no one else decides to list their home and put it on the market. 

 For the consumer, this means: Buyers are in the driver's seat. Hardly a news flash, but if you have been considering a move to Caledonia and thought you couldn't afford it, think again. Even if you can't get as much out of your home as you would like to, the good news is that a move to Caledonia Michigan will cost you almost the same as it would have 3 years ago.

Historically, we know this current trend will not last.  Home prices will rise and hopefully, you won't have missed your opportunity to live in this wonderful community at a competitive price.  No one knows when this market will hit bottom and start the climb up. 

 Ideally, you want to catch it going down, NOT UP!  DON'T WAIT!!

Sales activity for Caledonia Michigan 2004 to 2007 Year to Date

 If you are considering a move to Caledonia, Michigan, I would be happy to answer any questions about the area or set up an appointment to show you Caledonia homes. Contact Me

Grand Rapids Real Estate is my Real job ~ Terry Westbrook

Photo of Emmons Lakeside Park ~ Caledonia, Michigan by Terry Westbrook

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