Caledonia, MI Real Estate News

By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Caledonia Michigan Houses  to buy, based on price per square foot. Please note that this list can change daily as some homes sell, prices are adjusted and other homes come on the market. Check back often or just subscribe to our blog to get up-to-date local real estate information that you want to know. The total square footage is noted here, although only the main floors are used to figure price per square foot. Lowest price/Sq Ft range from $32.83 to $89.98 in Caledonia. We are starting to see prices creep up and inventory go down, so if you have been waiting for the best time to buy in Caledonia, don't wait much longer. August 2009  BEST BUY Caledonia Homes Highest list price is $285,000 Lowest list price is $49,900  The Top 29 Caledonia Homes to Bu...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Absorption Report Absorption rate for Caledonia MI Market is  currently 8.6 months, which means if no other homes come on the market, it will take 8.6 months for the current inventory to sell at the current sales rate.  This stat is one third less than last month's figure. We are seeing a definite upturn in sales in Caledonia homes and sell times are returning to the normal range. There are 156 current active listings, from $39,000 to  $1,284,900 in Caledonia MI. The current average Caledonia home listed price is much higher [about $324,828] than the average sold price [$188,447]. 25 Pending Home Sales, and 69 Sold Homes since Jan 1, 2009. The average sold price/Square foot is $ 98.42 Sold High $875,000   Sold Low - $34,000 There are 6 homes in million dollar + rang...
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By Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375, Real Estate Services You can Trust!
(Flexit Realty "Flexible Home Selling Solutions")
Michigan has laws covering advertising real estate, as many states do.  I recently represented a couple that purchased a builders home.  The advertising hook, "get $10,000.00" when you buy a new home.  Then the ad outlines the "deal".  $8000.00 in first time buyer money and $2000.00 in closing cost money for a total of $10,000.00. My buyer thought they were going to get $2000.00 in closing costs.  I asked the Builders representative about this and he said, "that is only for new construction when the buyer buys the lot not on new homes."  I told the representative your ad does not distinguish between new construction and new home it says we offer  another  $2000.00 toward closing costs for a total of $10,000.00 when you buy a new home.  He says, you'll have to call the home office I am n...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Crystal Springs ~ Kentwood Absorption Report June 2009 Crystal Springs Development in Caledonia, Michigan is a large, residential suburban housing development that was started in the late 1980's and most construction was finished in the 1990's although some newer homes have been built since 2000. There are also a few vacant lots left to develop. This development covers a large area around the Stonewater Golf Course at Crystal Springs south of 68th Street to 72nd Street and encompassing Kalamazoo Avenue on the east and west.  This development has single family homes and condos, many located right on the Stonewater Golf Course.  The public school system is Kentwood, even though the address is Caledonia. Crystal Springs is close to the shopping plaza at 68th and Kalamazoo, Kentwood High Sc...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Absorption Report Absorption rate for Caledonia MI Market is  currently 12.75 months, which means if no other homes come on the market, it will take 12.75 months for the current inventory to sell at the current sales rate.  This stat is almost half of last month's figure. There are 170 current active listings, from $39,000 to $1,284,900 in Caledonia MI. The current average Caledonia home listed price is much higher [about $323,358] than the average sold price [$181,175]. 21 Pending Home Sales, and 59 Sold Homes since Jan 1, 2009. The average sold price/Square foot is $ 95.30 Sold High $875,000   Sold Low - $34,000 There are 6 homes in million dollar + range listed, so this skews the figures somewhat in the upper brackets. The Caledonia market is much brisker this mo...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
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 slow...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Real Estate Market Report Absorption rate for Caledonia MI Market is  currently 11.6 months, which means if no other homes come on the market, it will take 11.6 months for the current inventory to sell at the current sales rate.  This stat is up over 10 % from last month.    There are 158 current active listings, from $39,000 to $1,100,000 in Caledonia MI. The current average Caledonia home listed price is much higher [about $304,067] than the average sold price [$174,781].   20 Pending Home Sales, and 88 Sold Homes since Sept 1, 2008. The average sold price/Square foot is $ 98.38 This shows me that the upper end of the Caledonia market is slower  to sell (12 sales over $200K) than the lower end (under $200K) is selling.  Sold price per square foot continues to slid...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
 Caledonia Michigan is a quiet little suburb about 25 miles from Grand Rapids downtown, and about 6 miles from the international Gerald R Ford Airport. Originally a farming community, this growing Grand Rapids suburban area has a wonderful newer school system, a low crime rate, and low air pollution index. If you are considering  relocating to the Grand Rapids or West Michigan Area, Caledonia is a viable option to consider seriously.  We have put together a short video of photos of the Caledonia area.       Westbrook Realty ~ Grand Rapids Real Estate
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Caledonia Houses to buy. Please note that this list can change daily as some homes sell, prices are adjusted and other homes come on the market. Check back often or just subscribe to our blog to get up-to-date local real estate information that you want to know. The total square footage is noted here, although only the main floors are used to figure price per square foot.  Lowest price/Sq Ft range from $36.31 to $79.63 in Caledonia. April 2009  BEST BUY Caledonia Homes Highest list price is $285,000 Lowest list price is $49,900   The Top Caledonia Homes to Buy by Price per Square Foot: 6720 Campau Lake Dr   $ 49,900    1176 Sq Ft  $42.43/SqFt 8914 Kraft Ave SE         $ 64,800     1568 Sq Ft  $41.33/SqFt 6929 Hammond Ave     $ 73,900      1624 Sq Ft  $...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Real Estate Market Report Absorption rate for Caledonia MI Market is  currently 10 months, which means if no other homes come on the market, it will take 10 months for the current inventory to sell at the current sales rate.  This is up slightly from last month.    There are 136 current active listings, from $54,900 to $1,100,000 in Caledonia MI. 17 Pending Home Sales, and 64 Sold Homes since Sept 1, 2008. The current average Caledonia home listed price is much higher [about $323,207] than the average sold price [$180,310].    This shows me that the upper end of the Caledonia  market is slow  to sell and the lower end (under $200K) is selling.  Sold price per square foot continues to slide downward. There are some excellent buys in Caledonia, don't wait until they a...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Crystal Springs ~ Kentwood Absorption Report February 2009 Crystal Springs Development in Caledonia, Michigan is a large, residential suburban housing development that was started in the late 1980's and most construction was finished in the 1990's although some newer homes have been built since 2000. There are also a few vacant lots left to develop. This development covers a large area around the Stonewater Golf Course at Crystal Springs south of 68th Street to 72nd Street and encompassing Kalamazoo Avenue on the east and west.  This development has single family homes and condos, many located right on the Stonewater Golf Course.  The public school system is Kentwood, even though the address is Caledonia. Crystal Springs is close to the shopping plaza at 68th and Kalamazoo, Kentwood Hig...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Real Estate Market Report Absorption rate for Caledonia MI Market is  currently 10 months, which means if no other homes come on the market, it will take 10 months for the current inventory to sell at the current sales rate.  This is up slightly from last month.   There are 136 current active listings, from $54,900 to $1,100,000 in Caledonia MI. 17 Pending Home Sales, and 64 Sold Homes since Sept 1, 2008. The current average Caledonia home listed price is much higher [about $323,207] than the average sold price [$180,310].    This shows me that the upper end of the Caledonia  market is slow  to sell and the lower end (under $200K) is selling.  Sold price per square foot continues to slide downward. There are some excellent buys in Caledonia, don't wait until they ar...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Current Caledonia MI Real Estate Market Report Absorption rate for Caledonia MI Market is  currently 9.6 months, which means if no other homes come on the market, it will take 9.6 months for the current inventory to sell at the current sales rate.   There are 133 current active listings, from $60,900 to $1,100,000 in Caledonia MI. 20 Pending Home Sales, and 77 Sold Homes since July 1, 2008.   The current average Caledonia home listed price is much higher (about $130K) than the average selling price.  This shows that the upper end of the Caledonia  market is slow and the lower end (under $200K) is selling.  Sold price per square foot continues to slide downward. There are some excellent buys in Caledonia, don't wait until they are gone.   Caledonia December 2008 Absorption Report   If yo...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
We have gathered a list of the top Caledonia Houses to buy. Please note that this list can change daily as some homes sell, prices are adjusted and other homes come on the market. Check back often or just subscribe to our blog to get up-to-date local real estate information that you want to know.     The total square footage is noted here, although only the main floors are used to figure price per square foot.  The lowest price per Sq Ft range from $54.34 to $79.93 here in Caledonia. The lowest list price is $59,900 and the highest list price is $285,000 for January 2009  BEST BUY Homes in Caledonia, Michigan.     The Top Caledonia Homes to Buy by Price per Square Foot: 8368 Jasonville Ct#37     $ 59,900    1015 Sq Ft   $59.01/SqFt 8766 66th St SE              $ 60,900      936 Sq Ft   ...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Crystal Springs Development in Caledonia, Michigan is a large, residential suburban housing development that was started in the late 1980's and most construction was finished in the 1990's although some newer homes have been built since 2000. There are also a few vacant lots left to develop. This development covers a large area around the Stonewater Golf Course at Crystal Springs south of 68th Street to 72nd Street and encompassing Kalamazoo Avenue on the east and west.  This development has single family homes and condos, many located right on the Stonewater Golf Course.  The public school system is Kentwood, even though the address is Caledonia. Crystal Springs is close to the shopping plaza at 68th and Kalamazoo, Kentwood High School, and a short hop to M-6, which is the south beltli...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Caledonia Michigan is a very desirable suburban community to live in if you work in the Grand Rapids area.  The school system is top rated,  the village and surrounding area was rated one of the Top 100 places to live by Money Magazine in 2005.  Caledonia MI is a bit rural within a short distance of all the city attractions of Grand Rapids. Example: Caledonia MI is about 6 miles from Gerald R. Ford International Airport.     Caledonia Real Estate Market Report March ~ August '08   There are 157 active homes for sale in Caledonia the first of Sept.  The average price is $ 294,119, priced at an average $ 142.70 per square foot.  The lowest priced home is $59,900, the highest priced home is $899,000.  Average days on the market for an active listing is 134 days.    There are 13 homes in Ca...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Crystal Springs Development in Caledonia, Michigan is a large, residential suburban housing development that was started in the late 1980's and most construction was finished in the 1990's although some newer homes have been built since 2000. There are also a few vacant lots left to develop. This development covers a large area around the Crystal Springs Golf Course grounds south of 68th Street to 72nd Street and encompassing Kalamazoo Avenue on the east and west.  This development has single family homes and  condos, many located right on the Crystal Springs Golf Course. (See related article on the acquisition of Crystal Springs Golf Club) The public school system is Kentwood, even though the address is Caledonia. Crystal Springs is close to the shopping plaza at 68th and Kalamazoo, Ke...
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Bill Brouwers | Five Star Real Estate | 616 291-5036 7509 Valhalla Dr SE, Alto, MI Exceptional Acreage Exceptional Caledonia Location Exceptional Home 4BR/2BA Single Family House offered at $379,000 Year Built 1988 Sq Footage 3,702 Bedrooms 4 Bathrooms 2 full, 0 partial Floors 3 Parking 3 Car garage Lot Size 3.70 acres HOA/Maint $0 per month DESCRIPTION WOW! This exceptional home features: vaulted ceilings and skylights over the living room-formal dining room-computer nook-award winning Caledonia Schools-3.7 beautiful acres- children's play equipment All appliances included-4 car attached garage-50 ft walk out family room leading to 20x40 in ground pool right outside the door-4.5 stall attached garage-30x40 pole barn with heat and concrete floors- river access to the Thornapple River f...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
Would you like to join one golf course and play two for the same price? That is the offer proposed by Watermark Country Club owners of Cascade Mi to the new members of Crystal Springs Country Club in Caledonia. There will be a new club house and a new swimming pool facility constructed at Crystal Springs scheduled to open in 2009.       Watermark Country Club Owners have committed to bringing Crystal Springs back to its award winning introduction condition back in 1989 with  an operating  budget to improve the course.  The fantastic grounds crew at Watermark is working double duty on improvements. Until all is done, the Crystal Springs members have limited play at Watermark and Watermark members have limited play at Crystal Springs.    Both golf courses have homes & condos surrounding t...
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By Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re
(Westbrook Realty Broker-Owner)
As we start a new year it is good to review and look back to see if we can learn from the past. So much of the news lately is on the Housing Market and the difficulties that sellers are having through the erosion of prices. Buyers are waiting for the lowest point in the market to buy. Sellers are looking at prices that were higher a year ago to set prices for today.  In some markets we have seen the average price go down while in others the prices has been stable and even risen. How do you make the right decision in this market? I don't think there is a economist or an "expert" in the business that can say with certainty what the market will do in the short run. I have sold Real estate since 1973 and I have seen almost all the cycles in this business.   One thing remains constant - give...
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Caledonia, MI Real Estate Professionals