Rockford Michigan Real Estate Market Report Jan-Dec 2010
Rockford Michigan is a northern suburb of Grand Rapids, about
15-20 minutes by freeway from the center of the city. It is a small
town on the Rogue River with an excellent public school system and
diverse businesses and resources. The real estate picture for 2010
was not one of growth but 464 people bought homes in Rockford,
making it one of Grand Rapids most popular suburbs.
334 Active Rockford MI Listings
Absorption Rate : 9 months
Sold Rockford Homes: 464
Average sold price $ 162,135
Average Sold Price/SqFt $111.00
Housing sales in both Courtland Township, Algoma
Township and City of Rockford were down about 35-38%
from 2009 figures, though average prices were slightly higher.
Inventories will probably increase with the spring market and
buyers will have their pick of the best homes for sale, though
prices seem to be ticking up.
It is imperative that you have your home in great condition
and priced correctly, over-priced homes and tired looking homes
will not sell for top dollar in this buyer’s market. Good buys can
be had in all segments of Rockford’s housing market, which ranges
from over a million to $60,000 at the low end.
If you have any questions about Rockford or Grand Rapids
MI homes, please contact me directly:
1-888-240-1968 ext 0
email: terry@terrywestbrook.com
Rockford Michigan Real Estate Market Reports
Copyright 2011 All rights reserved
Photo of Lake Bella Vista sunset by Bonnie Westbrook
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The authors of the this blog write about Grand Rapids Real Estate,
the Greater Grand Rapids MI area, and what it is like to live in West
Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan
area with a diverse business community, great medical research & services,
numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263