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Ada Cascade MI ~ Waterfront Real Estate Market Report ~ October 2008

By
Real Estate Agent with Westbrook Realty Broker-Owner

 Kent County Michigan has numerous lakes, rivers and streams, which make

waterfront homes a very real opportunity for many homeowners. 

Michigan has over 11,000 inland lakes besides the Great Lakes, which

are more like inland seas. With a low price of $139,900 here, waterfront

 living is available for almost anyone.

In this market report, we are only covering Grand Rapids, Ada, Cascade,

Caledonia, & Gaines Townships' private waterfront single family homes.

This area doesn't cover the city of Grand Rapids but would cover the

eastern suburbs.  In the second & third quarter, March through September

 2008, these are the averages for water front properties that are active,

 pending, sold, and expired.

Ada MI backwaters above the Ada Dam

 

60 Ada Cascade  Waterfront Homes For Sale, 9 Sold, 2 Pending & 17 Expired.

Average Days on the Market:

52 Days for Sold listings

112 Days for Pending listings

91 Days for  Active listings 

88 Days for Expired listings

Average Price Per Square Foot:

$ 183.27 for Sold listings,

$ 207.63 for Active listings

$ 208.14 for Expired listings

Average Price:

Sold =     $ 442,756

Active =   $ 604,337

Expired = $ 418,512 

 

 

If you would like additional information about Waterfront Homes

in Ada, Caledonia, Cascade, Gaines, and Grand Rapids townships,

please contact me at:

          1-888-240-1968 ext 0

Grand Rapids Ada Real Estate  Westbrook Realty

Copyright 2008 All rights reserved

Photo of Thornapple River Backwaters 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.  We believe: Grand Rapids is a Great Place to Live!

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