Forest Hills Michigan Neighborhood Real Estate Report East Village 2011
Quick Snapshot of East Village Residences Real Estate Activity
January 1 through December 31, 2011
Active Listings – 3 $365,000 to $ 499,900
Pending Sales – 0
Sold Properties – 8
Average Sold Price – $396,500
Commentary on 2011 Sold prices: Although 5 of the sold homes
in 2011 were $400K or over, the 3 sales under that figure
drew the average sales price down. This is happening all over
the nation, distressed properties, foreclosures and short
sales are still driving prices downward, even in popular neighborhoods.
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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. We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263