East Grand Rapids is a small city, population of 10,784 located just east
of Grand Rapids city limits. It has been a desired place to live in the Grand
Rapids area for many years. It is primarily residential with some commercial
business areas. Many homeowners are attracted by Reeds Lake which plays
a prominent role in the community, its award winning public school system,
proximity to downtown Grand Rapids, and its overall small town feeling.
This is definitely a community that you can walk to school, the ice cream
store, or just around the tree lined blocks to visit the picturesque lakes,
Reeds Lake & Fisk Lake.
Homes range in all prices here in East Grand Rapids. There are
small 3 bedroom bungalows and ranches that were built just before and
after WWII, there aremega-mansions built on the shores of Reeds Lake
for wealthy citizens, and all ranges in between.
Reeds Lake at John Collins Park - East Grand Rapids
RESIDENTIAL REAL ESTATE MARKET
EAST GRAND RAPIDS MI ~ AUGUST 2008.
Homes Listed at $850,000 +
5 For Sale
Average price $ 2,092,980
High $4,000,000 Low $1,175,000
Average Days on Market 78
1 Home Sold – $ 1,275,000
50 Days on the Market
3 Home Listings Expired
Average Price: $ 1,233,333
Average Days on Market: 156
Homes Listed $450,000 to $ 850,000
18 Homes Available
Average price $ 583,083
Average Days on Market 83
1 Home Pending Sale
Price: $599,000 59 Days on Market
5 Homes Sold, 9 Expired
Average Sold Price: $ 531,000
Average Days on Market: 33
Average Expired Price: $606,366
Average Days on Market: 114
Homes Listed $ 300,000 – $ 450,000
37 Homes Available
Average Price: $ 374,118
Average Days on Market: 67
1 Pending, 10 Sold, 12 Expired, 1 Withdrawn
Average Sold Price: $355,440
Average Days on Market: 76
Average Expired Price: $395,941
Average Days on Market: 100
Homes Listed $ 200,000 – $300,000
30 Homes Available
Average Price: $ 257,899
Average Days on Market: 94
30 Sold Homes, 10 Expired, 3 Withdrawn
Average price: $154,303
Average Days on Market: 54
Homes Listed $0- $200,000
36 Available
Average Price: # 166,163
Average Days on Market: 68
9 Pending Sales
Average Price $ 150,100
Average Days on Market: 71
32 Sold Homes
Average Price: $170,306
Average Days on Market: 41
If you would like to know the value of your East Grand Rapids Home
in this market, please contact me directly.
1-888-240-1968 ext 0
Grand Rapids -Ada MI Real Estate ~ Copyright 2008 – Five Star Real Estate LLC