Rockford Michigan Real Estate Market Report April–Sept 2012

Rockford Michigan Real Estate Market Report April–Sept 2012

Rockford is a northern suburban city near 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,

diverse businesses, and resources.  

Rogue River Dam Rockford MI

April 1 to Sept 30, 2012 Rockford Real Estate Stats

339 Active Rockford MI Listings

Pending Home Sales: 97

Sold Rockford Homes: 337

Average sold price  $ 203,203

Average sold price/sq ft = $114

Absorption Rate : 3.8 months

Housing sales in Courtland Township, Algoma Township and

City of Rockford are included in this report. Rockford’s housing market

ranges from $30K at the low end to over $1 million at the high end.

The average sold home price has increased a bit over 10% from 2012

first quarter statistics.  The Absorption Rate is at 4.68 months,  which

means if no new homes enter the market, it would take 4.68 months for

the existing homes to sell.  This is a good rate for the Grand Rapids area,

as listing inventory dips to near average levels.

 

If you have any questions about Rockford homes, please contact

me directly: 1-616-292-7263   or email: terry@terrywestbrook.com

 

SEARCH FOR ROCKFORD MICHIGAN HOMES

SEARCH for Rockford MI Bank Owned –Short Sale Homes

More Rockford Articles:

Rockford Michigan Real Estate Market Reports

Rockford Michigan Video Tour

Copyright 2012  All rights reserved

Photo of Lake Bella Vista sunset by Bonnie Westbrook


____________________________________________________________________________

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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