Grand Rapids Township Michigan Real Estate Market Report ~ April 2009

Current Absorption Rate for Grand Rapids Township homes is 12.59 months,

which means if no new listings come on the market, it will take 12.59 months

to sell the existing inventory of homes.  The average sold home price has

dropped about 17% from last month and time on the market is up another

month.  If you want your Grand Rapids Township home to sell, it must  be in

tip top condition and priced to sell.  Otherwise, you could be waiting at least

a year for your home sale to be  completed.

Meijer Gardens Entrance

 

There are 170 Active listings currently for sale.

The average List price is $ 308,115

Average List price $/SqFt  $140.47

 

108 Sold & Pending Grand Rapids Township Homes since 9-15-08.

The average SOLD price is $ 248,308

Average Sold Price /SqFt  $121.60

High Sold Price $ 775,000

Low Sold Price  $  57,500

 

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Grand Rapids -Ada Real EstateWestbrook Realty

Copyright 2009  All rights reserved

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

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