Lowell Michigan Real Estate Market Report Sept 2011

Lowell Michigan Real Estate Market Report  Sept 2011

Lowell Michigan is located on the Flat River just east of Grand Rapids, MI.

It has really grown in the last 20 years, in many ways. Lowell has a great

school system, a  thriving business community, a lively arts society, and

is one of the growing Grand Rapids suburban communities in Kent County.

Fallasburg_Covered_ Bridge_Lowell_MI

LOWELL MI July 1 to Sept 30, 2011 RE STATS:

Active Listings: 150

Average Sold Price: $163,405

PENDING Sales: 26 homes

SOLD Homes: 45 Sold Homes

Average Sold Price to List Price:  93.41%

Absorption Rate for Lowell Listings is 6.3 months for the

current housing inventory. If no other homes enter the market, it

will take 6.3 months for the current homes to sell at the current

rate of sales. This figure is in the normal range and hasn’t changed

all year.

Lowell Homes are selling for a little more than the first half of

2011, on average.  Although, the average sale price to list

price has fallen, as we are seeing throughout the Greater

Grand Rapids area.  With record low interest rates, now couldn’t

be a better time to purchase a home.

 

 

SEARCH LOWELL MICHIGAN HOMES

Search Lowell MI Bank Owned –Short Sale Homes

Additional Lowell Articles:

Lowell Michigan Real Estate Market Reports

Video Tour of Lowell Michigan

Lowell Michigan Events

If you would like additional information about Lowell Area Homes,

please contact me through phone, email or my web site.

Copyright 2011     All rights reserved

_____________________________________________________________________________

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. We believe Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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