Lowell MI Real Estate Market Report July-December 2013

Lowell MI Real Estate Market Report  July-December 2013

by Terry and Bonnie Westbrook

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.

 

KingsMillLowellskylinewriver_thumb.jpg

 

Lowell MI July 1 through December 31  Real Estate STATS:

 

Active Listings: 75      From $ 59,650 to $ 1,495,000

PENDING Sales: 30

SOLD Homes:  156

Average Sold Price: $175,050   From $ 40,000 to $ 850,000

 

Lowell real estate has leveled off from spring highs,

though, the market remains strong for desirable homes.

With about half the homes on the market now as in mid-

summer, this is the time to get a jump on the competition.

We have seen the bottom of the market prices on the rise,

with mid-priced homes getting most of the activity.

 

If you are thinking of putting your Lowell home

on the market, give Terry a call to discuss the best ways

to maximize your sale price in today’s market.

SEARCH LOWELL MICHIGAN 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 2014     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!

ar125812212017642 Lowell MI Real Estate Market Report April   July 2013  ar125812225271331 Lowell MI Real Estate Market Report April   July 2013

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Lowell MI Real Estate Market Report April – July 2013

Lowell MI Real Estate Market Report April – July 2013

by Terry and Bonnie Westbrook

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.

DSCN6093_thumb.jpg

Lowell MI  April 1  thru  July 31  Real Estate STATS:

 

Active Listings: 133      From $ 44,900 to $ 1,595,000

PENDING Sales: 13

SOLD Homes:  94

Average Sold Price: $193,478   From $ 34,500 to $ 775,000

 

 

Lowell homes are selling, in fact average sold price has risen 5%  

since March 2013.  More homes have sold, and there is still good

inventory available.

If you are considering putting your Lowell home on the market,

give Terry a call to discuss the best ways to maximize

your sale price in today’s market.

SEARCH LOWELL MICHIGAN 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 2013     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!

ar125812212017642 Lowell Michigan Real Estate Market Report  Jan   Mar 2013 ar125812218972939 Lowell Michigan Real Estate Market Report  Jan   Mar 2013 ar125812225271331 Lowell Michigan Real Estate Market Report  Jan   Mar 2013

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Real Estate Market Report Jan – Mar 2013

by Terry and Bonnie Westbrook

Lowell Michigan Real Estate Market Report  Jan – Mar 2013

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.

 

primrose blooms

Lowell MI  Jan 1  thru  March 31  Real Estate STATS:

 

Active Listings: 115      From $ 41,900 to $ 1,595,000

PENDING Sales: 29

SOLD Homes: 69

Average Sold Price: $183,674   From $ 41,000 to $ 780,000

 

Lowell home prices are rising, the average sold price is up by almost 11 %

since the end of 2012.  Home inventory is getting shorter with only 3 1/2 months

supply.  This is a big change from only a few short months ago.  If you are looking

for a Lowell home, time for the best selection is now.   If you are thinking of selling

your Lowell home, this spring market is looking brighter and brighter for sellers.

 

If you are considering putting your Lowell home on the market, give Terry a call to discuss the

best ways to maximize your sale price in today’s market.

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 2013     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!

ar125812212017642 Lowell Michigan Real Estate Market Report  Oct   Dec 2012 ar125812218972939 Lowell Michigan Real Estate Market Report  Oct   Dec 2012 ar125812225271331 Lowell Michigan Real Estate Market Report  Oct   Dec 2012

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Real Estate Market Report Oct – Dec 2012

Lowell Michigan Real Estate Market Report  Oct – Dec 2012

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.

EnglehartLibrary thumb Lowell Michigan Real Estate Market Report  April – Sept 2012

Lowell MI  Oct 1  thru December 31  Real Estate STATS:

 

Active Listings: 46      From $ 41,900 to $ 1,595,000

Average Sold Price: $162,306   From $ 34,500 to $ 200,000

PENDING Sales: 4 homes

SOLD Homes: 64 Sold Homes

 

Lowell homes for sale has been drastically reduced, from 123 listings in late Sept 2012

to only 46 on Dec. 31, 2012.  The next few months will bring out new buyers and there will be

fewer homes for them to choose from in all areas.  Many sellers are still in an underwater position,

but those who own their home or have sufficient equity to sell are going to see much more activity on

a listed home this spring.  Prices are predicted to rise with the increased demand from buyers.

 

If you are considering putting your Lowell home on the market, give Terry a call to discuss the

best ways to maximize your sale price in today’s market.

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 2013     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!

ar125812212017642 Lowell Michigan Real Estate Market Report  April – Sept 2012 ar125812218972939 Lowell Michigan Real Estate Market Report  April – Sept 2012 ar125812225271331 Lowell Michigan Real Estate Market Report  April – Sept 2012

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

 

Lowell Michigan Real Estate Market Report April – Sept 2012

Lowell Michigan Real Estate Market Report  April – Sept 2012

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.

EnglehartLibrary thumb Lowell Michigan Real Estate Market Report Jan   Mar 2012

Lowell MI   April thru Sept, 2012 Real Estate STATS:

Active Listings: 123      From $ 37,500 to $ 850,000

Average Sold Price: $148,854   From $ 17,100 to $ 450,000

PENDING Sales: 32 homes

SOLD Homes: 122 Sold Homes

Lowell housing is rising in listing price and sold price for the last

six months.  Time to buy in Lowell is now, while interest rates are low,

and before inventory gets tighter.  All indications are showing inventory

is shrinking and home prices are rising.  If you have been sitting on the

fence about buying or selling, time to take action.

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 2012     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!

ar125812212017642 Lowell Michigan Real Estate Market Report Jan   Mar 2012 ar125812218972939 Lowell Michigan Real Estate Market Report Jan   Mar 2012 ar125812225271331 Lowell Michigan Real Estate Market Report Jan   Mar 2012

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Real Estate Market Report Jan – Mar 2012

Lowell Michigan Real Estate Market Report  Jan – Mar 2012

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.

Englehart Library

LOWELL MI Jan to March, 2012 Real Estate STATS:

Active Listings: 122

Average Sold Price: $137,737

PENDING Sales: 22 homes

SOLD Homes: 55 Sold Homes

Average Sold Price to List Price:  94.5%

Absorption Rate for Lowell Listings is 4.7 months for the

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

will take 4.7 months for the current homes to sell at the current

rate of sales. This figure is in the normal range and has dropped

2 months from last year.

Lowell Homes are selling for about 10% less than 2011.

Although, the average sale price to list price has risen slightly,

we still aren’t seeing a dramatic price increase.  The lower

active listing count will affect this eventually.

 

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 2012     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!

ar125812212017642 Lowell Michigan Real Estate Market Report Sept 2011 ar125812218972939 Lowell Michigan Real Estate Market Report Sept 2011 ar125812225271331 Lowell Michigan Real Estate Market Report Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Top Best Buy Homes Dec 2011

Lowell Michigan Top Best Buy Homes   Dec 2011

A list of the TOP Best Lowell  Michigan Houses to buy,

based on price per square foot.   Price per square foot

is a great leveler, if two similar homes are listed at similar

prices, their price per square foot should be similar.

This list includes homes from $50-$102/square foot.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

DSCN6093 thumb Lowell Michigan Top Best Buy Homes Nov 2011

 

December  2011  TOP BEST BUY Lowell Homes:

705 Grindle Dr               $55,900        1100 Sq Ft  $50.82/SqFt

13296 Grand River Dr   $ 59,900      1183 Sq Ft  $50.63/SqFt

 

310 N West  St             $ 77,000        860 Sq Ft   $89.53/Sq Ft

143 Pleasant               $ 79,900         1020 Sq Ft  $78.33/Sq Ft

1297 Jane Ellen Dr      $ 80,000       877 Sq Ft     $91.22/SqFt

 

 

503 N Washington St   $ 99,900      1517 Sq Ft    $65.85/SqFt

1785 Woodrun Dr         $99,900      1440 Sq Ft    $69.38/SqFt

716 N Monroe St           $114,800     1736 Sq Ft   $66.13/SqFt

1382 Highland Hill        $124,900      1715 Sq Ft    $72.83/Sq Ft

5830 Bancroft Ave       $144,500       1664 Sq Ft    $86.84/SqFt

 

 

3179 Emberwood Dr   $150,000       1739 Sq Ft   $86.26/Sq Ft

11499 Barnsley          $169,900       1704 Sq Ft    $99.71/SqFt

829 Lafayette St         $174,900       1750 Sq Ft    $99.94/SqFt

326 Riverside             $185,000        3368 Sq Ft    $54.93/SqFt

10800 Foreman        $209,900        2384 Sq Ft    $88.05/SqFt

203 N Hudson St        $259,900       1743 Sq Ft    $101.21/Sq Ft

 

 

There are still very affordable homes for sale in Lowell,

with seven priced under $100K this month.  Fewer homes for

sale in this price bracket this month, some due to the season,

but home inventory is shrinking in many areas.  Especially homes that

are in move-in condition, something today’s buyer is adamant

about.

Additional Lowell Michigan Articles:

 

SEARCH LOWELL MICHIGAN HOMES

SEARCH LOWELL FORECLOSED & SHORT SALE HOMES

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

mapd8a5baba60cb Lowell Michigan Top Best Buy Homes Nov 2011

*Some of these homes may be bank owned foreclosures or

short sales and not habitable as is or available for a mortgage

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 Lowell Michigan Top Best Buy Homes Nov 2011 ar125812218972939 Lowell Michigan Top Best Buy Homes Nov 2011 ar125812225271331 Lowell Michigan Top Best Buy Homes Nov 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Population Growth in Kent County Michigan

Population Growth in Kent County Michigan

Which areas within the county are people moving to?

GR MAP

The townships that grew the most in the last 10 years are:

Ada, Caledonia, Courtland, Algoma, Byron, Gaines and Lowell.

These areas have seen a twenty per cent growth in the last 10 years

while Kent County as a whole has seen a six per cent population growth.

 

In our opinion, these population growth spurts usually follow jobs

and life-style choices.  All of the above areas are near Grand Rapids but

offer a suburban life-style and proximity to large employers and good school

systems.

 

SEARCH ADA MI HOMES

 

SEARCH CALEDONIA MI HOMES

 

SEARCH ROCKFORD MI HOMES

 

SEARCH BYRON MI HOMES

 

SEARCH LOWELL MI HOMES

 

________________________________________________________________________________________________

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!

ar125812212017642 Michigan Winter Sale on REO Homes ar125812218972939 Michigan Winter Sale on REO Homes ar125812225271331 Michigan Winter Sale on REO Homes

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Top Best Buy Homes Nov 2011

Lowell Michigan Top Best Buy Homes   Nov 2011

A list of the TOP Best Lowell  Michigan Houses to buy,

based on price per square foot.   Price per square foot

is a great leveler, if two similar homes are listed at similar

prices, their price per square foot should be similar.

This list includes homes from $50-$92/square foot.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Lowell Town Hall

November  2011  TOP BEST BUY Lowell Homes:

606 N Washington St   $ 49,900       946 Sq Ft   $52.75/SqFt

705 Grindle Dr            $55,900        1100 Sq Ft  $50.82/SqFt

411 James                 $69,900       1360 Sq Ft  $51.40/Sq Ft

13322 Grand River Dr   $ 69,900        986 SqFt  $70.89/SqFt

13296 Grand River Dr   $ 69,900      1183 Sq Ft  $59.09/SqFt

310 N West  St          $ 77,000        860 Sq Ft   $89.53/Sq Ft

624 Lincoln Lake        $ 78,000        1369 Sq FT  $56.98/SqFt

10766 Deerwood Dr    $ 79,900        1224 Sq Ft   $65.28/Sq Ft

143 Pleasant             $ 79,900         1020 Sq Ft  $78.33/Sq Ft

1297 Jane Ellen Dr      $ 80,000       877 Sq Ft     $91.22/SqFt

503 N Washington St   $ 99,900      1517 Sq Ft    $65.85/SqFt

716 N Monroe St         $114,800      1736 Sq Ft    $66.13/SqFt

1382 Highland Hill        $130,000      1715 Sq Ft    $75.80/Sq Ft

682 Birchwood Ct        $137,000      1448 Sq Ft    $94.61/Sq Ft

5830 Bancroft Ave     $144,500       1664 Sq Ft    $86.84/SqFt

3179 Emberwood Dr   $150,000       1739 Sq Ft   $86.26/Sq Ft

326 Riverside            $195,000       3368 Sq Ft   $57.90/SqFt

 

There are still very affordable homes for sale in Lowell,

with 11 priced under $100K this month.  Fewer homes for

sale in this price bracket this month, some due to the season,

but inventory is shrinking in many areas.  Especially homes that

are in move in condition, something today’s buyer is adamant

about.

 

Additional Lowell Michigan Articles:

SEARCH LOWELL MICHIGAN HOMES

SEARCH LOWELL FORECLOSED & SHORT SALE HOMES

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

Map picture

*Some of these homes may be bank owned foreclosures or

short sales and not habitable as is or available for a mortgage

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 Lowell Michigan Top Best Buy Homes Oct 2011 ar125812218972939 Lowell Michigan Top Best Buy Homes Oct 2011 ar125812225271331 Lowell Michigan Top Best Buy Homes Oct 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Top Best Buy Homes Oct 2011

Lowell Michigan Top Best Buy Homes   Oct 2011

A list of the TOP Best Lowell  Michigan Houses to buy,

based on price per square foot.   Price per square foot

is a great leveler, if two similar homes are listed at similar

prices, their price per square foot should be similar.

If not, the disparity should reflect the interior finish

of the  home.  For example, if it has updated decor, new flooring,

& an updated kitchen and baths, this would be more per square

foot than a home that still has the 1980’s decor and/or is in

poor condition.

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

 fallasburg park entrance gate lowell mi

October  2011  TOP BEST BUY Lowell Homes:

211 N Grove St          $ 45,000       721 Sq Ft   $62.41/SqFt

13322 Grand River Dr   $ 69,900        986 SqFt  $70.89/SqFt

13296 Grand River Dr   $ 74,900      1183 Sq Ft  $63.312/SqFt

310 N West  St          $ 77,000       860 Sq Ft   $89.53/Sq Ft

811 Lafayette St        $ 78,500       1240 Sq Ft  $63.31/Sq Ft

 

423 Foremen St         $ 79,000        1041 Sq Ft   $75.89/SqFt

624 Lincoln Lake        $ 79,000        1369 Sq FT  $57.71/SqFt

314 Elizabeth Dean Dr $ 79,900       1015 Sq Ft    $78.72/Sq Ft

1297 Jane Ellen Dr       $ 80,000       877 Sq Ft     $91.22/SqFt

713 N Washington St   $ 87,000      1066 Sq Ft    $81.61/Sq Ft

 

503 N Washington St   $ 99,900      1517 Sq Ft    $65.85/SqFt

716 N Monroe St         $114,800      1736 Sq Ft    $66.13/SqFt

1382 Highland Hill        $130,000      1715 Sq Ft    $75.80/Sq Ft

682 Birchwood Ct        $137,000      1448 Sq Ft    $94.61/Sq Ft

1677 SE Wales           $138,900       2047 Sq Ft   $67.86/SqFt

 

5830 Bancroft Ave     $144,500       1664 Sq Ft    $86.84/SqFt

418 High St              $149,900       1973 Sq Ft   $75.98/SqFt

3179 Emberwood Dr   $149,900       1739 Sq Ft   $86.20/Sq Ft

11336 Trent St          $173,970      2121 Sq Ft    $82.02/SqFt

5583 Bancroft Ave      $195,000     2271 Sq Ft    $85.87/SqFt

 

 

There are still very affordable homes for sale in Lowell,

11 homes priced under $100K.  In Lowell, as in other

areas, the homes in the best condition and priced correctly

[at market price] are the homes that are selling.  Interest

rate hike lately, but still a great time to buy in Lowell, MI.

 

Additional Lowell Michigan Articles:

SEARCH LOWELL MICHIGAN HOMES

SEARCH LOWELL FORECLOSED & SHORT SALE HOMES

Lowell Michigan Real Estate Blogs

Lowell Michigan Photo Tour

Home Buyer Questions & Answers

*Some of these homes may be bank owned foreclosures or

short sales and not habitable as is or available for a mortgage

in present condition.*

If you have questions about any of these homes, please

contact Terry: 1-616-292-7263

Or email : terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 Lowell Michigan Top Best Homes Jan 2011 ar125812218972939 Lowell Michigan Top Best Homes Jan 2011 ar125812225271331 Lowell Michigan Top Best Homes Jan 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM