East Grand Rapids Michigan is doing fairly well in this market cycle.

The statistics are still in the buyers favor but sales continue to

close and inventory is inching downward. All signs of a recovering

market and a return to normal levels, though the 19 months of

inventory says we have a way to go before home inventory returns

East Grand Rapids to previous levels of about 6-9 months.

Sales Price Graph (Includes Sold Homes Only)

Comparison of Units Sold 2008 to 2009 – Includes Sold & Pending Homes

 Sold & Pending Homes Sales Price Graph April 2008 to April 2009

Avg. Days on Market 98 

Percent Sold/List 93.80%

Current Inventory 152

Months Inventory 19

Average $ per Sq ft. $107.30 (Total Finished Living Area)

If you have any questions about an East Grand Rapids home,

please contact me at: 1=888-240-1968 x 0

or email me at: terry@terrywestbrook.com

Westbrook Realty – Grand Rapids Real Estate

All information is deemed correct but no liability assumed. All data from

GRAR.