Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village Jan – April 2012

Posted on May 3, 2012 by Terry & Bonnie

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2012

Caravelle Village 2012 Quick Market Snapshot:

January 1 , 2012 to April 30, 2012

Active For Sale Homes = 4 $149,900 to $ 195,000

Pending Home Sales = 1

Sold Homes = 9

Average Sold Price = $160,172

Homes are moving quickly in Caravelle Village this year, so far.

List and Sold Prices are also up compared to last years stats.

If you would like information about a Forest Hills Home,

please contact Terry at 616-292-7263.

SEARCH FOR FOREST HILLS HOMES

Additional Forest Hills Michigan Articles:

Forest Hills Michigan Neighborhood Real Estate Market

photo of Tassell Park at the Thornapple River by Bonnie Westbrook

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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

OUR FLICKR PHOTOSTREAM

Ada Michigan Neighborhood Real Estate Report Greentree Estates Jan – April 2012

Posted on May 3, 2012 by Terry & Bonnie

Ada Michigan Neighborhood Real Estate Report Greentree Estates 2011

Quick Snapshot of Greentree Estates Real Estate Activity

January 1 through April 30, 2012

Activity Snapshot of Greentree Estates Jan – April 2012

Active Listings – 0

Pending Sales – 0

Sold Properties – 1

Sold Price = $ 290,000

No homes for sale in Greentree so far this year and only 1 sale.

If you would like information about an Ada Township Home,

please contact Terry at 616-292-7263.

SEARCH FOR FOREST HILLS HOMES

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

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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

OUR FLICKR PHOTOSTREAM

Lowell Michigan Real Estate Market Report Jan – Mar 2012

Posted on April 16, 2012 by Terry & Bonnie

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.

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.

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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

OUR FLICKR PHOTOSTREAM

Rockford Michigan Real Estate Market Report Jan – March 2012

Posted on April 12, 2012 by Terry & Bonnie

Rockford Michigan Real Estate Market Report Jan – Mar 2012

Rockford is a northern suburban community 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. It is a popular and populous Grand

Rapids suburban area.

January 1 to March 31, 2012 Rockford Real Estate Stats

249 Active Rockford MI Listings

Pending Home Sales: 88

Sold Rockford Homes: 105

Average sold price $ 178,874

Sale Price to List Price – 96.14%

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

The average sold home price has held fairly steady, with a slight dip,

so far this year compared to 2011. The Absorption Rate is down to

3.8 months, all good news for the Rockford real estate market.

If you have any questions about Rockford or Grand Rapids

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

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Kentwood Michigan Real Estate Market Report Jan – March 2012

Posted on April 10, 2012 by Terry & Bonnie

Kentwood Michigan Real Estate Market Jan-Mar 2012

Kentwood Michigan is a large suburb south east of Grand Rapids,

population under 50,000. It has manufacturing, shopping centers, and

lots and lots of residential housing. Kentwood Public Schools are one

of the largest school systems in the area with over 9000 students and

16 buildings within a 24.25 square mile area.

2012 First Quarter Real Estate Market Activity

Kentwood Current Listings = 240

Average Sale price – $103,891

Average Time on Market = 74-92 days

Average Sold Price/Sq Ft = $ 72.89

Absorption Rate = 3 months

The average home is selling in Kentwood for just over $100,000,

though there were 9 sales over $140,000, the majority are in

the $90-120K range. The time on the market and the Absorption

rate are both close to 3 months. With an average of 80 homes

a month selling for the first quarter, real estate is moving in Kentwood.

SEARCH for Kentwood Michigan Homes

More Kentwood Michigan Articles:

SEARCH for Bank Owned – Short Sale Kentwood Homes

Kentwood Michigan Real Estate Market Reports

Real Estate is always hyper-local. If you have questions about

any Kentwood home, please contact Terry.

____________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

Caledonia Michigan Real Estate Market Report Jan-Mar 2012

Posted on April 6, 2012 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report Jan-Mar 2012

2012 First Quarter Real Estate Market Activity

Caledonia Current Listings = 107

Average Sale price – $158,704

Average Time on Market = 3.3 months

Average Sold Price/Sq Ft = $ 88.49

Absorption Rate = 4.6 months

Caledonia real estate has seen an almost 10% decrease in

average list price to sold price since the first of the year. Even

though housing inventory is shrinking, prices haven’t made a

recovery yet. Average time on the market is back in the normal

range, even though it may take several months for sellers to

reach their sale price.

Average sale price is somewhat misleading in the Caledonia

market, where sold homes range from $850,000 to $25,000.

We are still waiting to see how the foreclosures and bank owned

houses still not listed will re-enter the marketplace. If they are

released slowly back onto the market, prices may hold steady.

If these homes are dumped back on the market, en mass, this will

lead to further price erosion for all homes.

SEARCH CALEDONIA MI HOMES

SEARCH BANK OWNED SHORT SALE CALEDONIA HOMES

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

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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

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Market Report Jan -Mar 2012

Posted on April 5, 2012 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report Jan -Mar 2012

East Grand Rapids is a city with homes priced from the

low $100,000’s to over $2,000,000 with the majority of homes

selling from $120K to $400K. East Grand Rapids is a very popular

place to live in the Grand Rapids area.

2012 First Quarter Real Estate Market Activity

East Grand Rapids Current Listings = 83

Average Sale price – $270,878

Average Time on Market = 2 months

Average Sold Price/Sq Ft = $ 123.13

Absorption Rate = 3.9 months

Home inventory is down to a new level in East GR and

homes are taking a few months to sell. Please note that

average time on the market reflects only the latest “improved”

price by the seller, not the whole time the home was listed.

If you have been considering selling your East Grand Rapids

home, now is the perfect time, give Terry a call.

SEARCH EAST GRAND RAPIDS HOMES

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

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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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Real Estate Market Report Jan – March 2012

Posted on April 4, 2012 by Terry & Bonnie

Forest Hills Michigan Real Estate Market Report Jan-Dec 2011

Forest Hills is a school district in Ada–Cascade Michigan

real estate market that is always active. This Grand Rapids suburban

community has wonderful neighborhoods, some new and some older

with Top Ranked Forest Hills Public Schools, and private schools, and

a life style that attracts many home owners.

2012 first Quarter real estate market activity.

Under $250,000 Homes:

Forest Hills Current Listings = 144

Average Sale price – $164,911

Average Time on Market = 3-4 months

Average Sold Price/Sq Ft = $ 98.27

Absorption Rate = 2.9 months

$ 250,001 and Up Homes:

Forest Hills Current Listings = 192

Average Sale Price = $ 410,964

Average Time on Market = $2.6 –4 months

Average Sold Price/Sq Ft = $95.31

Absorption Rate = 6.4 months

Home inventory is higher in the upper priced home market and

effects the Absorption Rate, which is double that of the homes under

$ 250K. Prices have dropped across the board but buyer demand is

still sluggish. With the mild winter weather and a head start on spring,

we will see if this effects the local real estate market.

Call Terry if you are interested in purchasing or selling a Forest Hills home.

He has over 35 years of experience in selling and buying West Michigan

and Forest Hills homes.

SEARCH FOREST HILLS HOMES

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

Forest Hills District Ranks Top in State

Forest Hills District Posts MEAP Scores

If you would like specific information about an Ada Cascade or

Forest Hills MI Homes, please contact me directly.

_____________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

Clear Lake Home on 2 Acres = Year Round Lake Living

Posted on April 4, 2012 by Terry & Bonnie

Clear Lake Home on 2 Acres = Year Round Lake Living

This 3 bedroom, 2 bath home on Clear Lake is waiting for its

next owner. You would have to be willing to sacrifice an ordinary

view out of your windows for a lake view.

Oh, and the gentle lapping of water on the shoreline could

induce you to stay a little longer on the deck than you had planned.

Swim parties might be in your future. Do you have floaties

for everyone?

More Photos and Info on our Website

Or stay in home and take the video tour

_______________________________________________________________________________

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

OUR FLICKR PHOTOSTREAM

Grand Rapids Real Estate Market Snapshot -January 2011 Compared to January 2012

Posted on February 15, 2012 by Terry & Bonnie

Grand Rapids Real Estate Market Snapshot – Jan 2011 Compared to January 2012

The latest figures for January 2012 real estate activity in Grand Rapids

are out from the Grand Rapids Real Estate Board. These statistics compare

January real estate activity last year with January activity for 2012.

We have good economic news overall:

Listing inventory down 5.4%
Pending Sales up 10.6%
Residential sales up 14.9%
Home Inventory = 5.2 months

Not only are residential home sales up almost 15%, but the sales volume

is also up in almost every category.

Could the spring market be arriving early?

SEARCH GRAND RAPIDS HOMES

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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

OUR FLICKR PHOTOSTREAM

Grand Rapids Real Estate

Grand Rapids Real Estate Information

Category Archives: West Michigan Real Estate

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village Jan – April 2012

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2012

SEARCH FOR FOREST HILLS HOMES

Ada Michigan Neighborhood Real Estate Report Greentree Estates Jan – April 2012

Quick Snapshot of Greentree Estates Real Estate Activity

SEARCH FOR FOREST HILLS HOMES

Lowell Michigan Real Estate Market Report Jan – Mar 2012

SEARCH LOWELL MICHIGAN HOMES

Rockford Michigan Real Estate Market Report Jan – March 2012

SEARCH FOR ROCKFORD MICHIGAN HOMES

Kentwood Michigan Real Estate Market Report Jan – March 2012

SEARCH for Kentwood Michigan Homes

Caledonia Michigan Real Estate Market Report Jan-Mar 2012

SEARCH CALEDONIA MI HOMES

SEARCH BANK OWNED SHORT SALE CALEDONIA HOMES

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

East Grand Rapids Michigan Real Estate Market Report Jan -Mar 2012

East Grand Rapids Michigan Real Estate Market Report Jan -Mar 2012

SEARCH EAST GRAND RAPIDS HOMES

Forest Hills Michigan Real Estate Market Report Jan – March 2012

Forest Hills Michigan Real Estate Market Report Jan-Dec 2011

SEARCH FOREST HILLS HOMES

Clear Lake Home on 2 Acres = Year Round Lake Living

More Photos and Info on our Website

Or stay in home and take the video tour

Grand Rapids Real Estate Market Snapshot -January 2011 Compared to January 2012

Could the spring market be arriving early?

SEARCH GRAND RAPIDS HOMES