Beautiful, rural Caledonia has long been one of West Michigan’s best kept secrets. But it looks like the secret is out with homes selling 11% faster this past quarter compared to last year at this time. Homes sold in May 2013 averaged only 53 days on the market compared to 81 days in May 2013. Home Sellers barely have time to pack since inventory is also bit lower, down almost 17 % from last May, so prospective home owners have a good chance of getting close to their asking price!
Buyers will find homes in a wide range of price points and styles in Caledonia. Traditionally a farming community, current listings range from older suburban homes and farm houses to gorgeous, affordable condos and stunning riverfront estates with a vast array of new construction as well! As of this writing, the Grand Rapids Association of REALTORS Multiple Listing Service revealed 106 active listings in Caledonia, 31 of them priced under $200k including some gorgeous homes in the process of construction! Bargains can still be obtained, but prospective buyers should be on the look out and ready to move fast! To obtain a Real Estate Market Report specific to your neighborhood and community contact us.
Caledonia Township Data – Click on links below to view raw data trends graphics. Data courtesy of the Grand Rapids Association of REALTORS
This report was brought to you by Beth Miller & Lola Audu – Audu Real Estate Inc. Copyright 2014