Cascade Neighborhood Absorption Report
Caravelle Village is an established subdivision built in the late 1960's
and 1970's just south of Burton Street, east of Kraft Avenue and west
of Cascade Road in Cascade Township. These Grand Rapids Homes
have the traditional mix of two stories, tri-levels and ranches. A desirable
place to live with median priced homes, Forest Hills Schools, and close to
28th shopping and restaurants. Originally built by a variety of builders, the
homes here are quality construction in a safe neighborhood and close to
the historic village of Cascade and 28th Street shopping.
Caravelle Village Residential Real Estate
January 2009 Market Report
4 For Sale, 7 SOLD, 4 Expired
Caravelle Village Active Listings: 4
Caravelle Village Average Active Price - $ 188,675
Caravelle Village Average Active Price/Sq Ft - $ 131.17
Caravelle Village Average Days on the Market - 141
Caravelle Village SOLD Listings: 7
Caravelle Village Average Sold Price - $ 183,071
Caravelle Village Average Sold price/SqFt - $ 128.21
Caravelle Village Average Sold Days on the Market - 62
Caravelle Village Expired Listings: 4
Caravelle Village Average Expired Price - $191,125
Caravelle Village Average Expired Price/SqFt - $124.08
Caravelle Village Average Expired Days on the market - 124
At the current rate of sales, we have a 6.4 month supply of homes in
Caravelle Village, if no new homes come on the market.
MARKET SYNOPSIS: Not much new activity for Caravelle Village since
November of last year. The average listed price has remained constant,
but buyers are reluctant.
This is a popular area for home buyers, but your home must be in top
notch condition and priced to sell in today's market.
Caravelle Village Market Report August 2008
Forest Hills Schools Market Report Sept 2008
Caravelle Village Market Report Oct 2008
Ada Cascade Market Report Nov 2008
Grand Rapids -Ada Real Estate - Westbrook Realty
Copyright 2009 All rights reserved
photo of Cascade Town Hall Gardens by Bonnie Westbrook
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