East Grand Rapids Michigan Real Estate Market Report April-July 2013
by Bonnie Westbrook
East Grand Rapids is a community of homes priced from the
low $100,000’s to over $1,000,000 with the majority of homes
selling from $200K to $400K. Only 25% of these homes have been
on the market for over 90 days.
East Grand Rapids is a very popular place to live in our area, its
walkability, close to downtown GR and the core retail area a few
of the main reasons.
East Grand Rapids Real Estate Report April 1 – July 31 2013
Active Listings – 61 from $144,900 to $ 1,000,000
Pending Sales – 22
Sold Homes – 97 from $ 136,900 to $ 1,625,000
Average Sold Price – $ 326,757
Home prices are rising in East Grand Rapids, just as home inventory
is shrinking. Good news for home sellers,especially those waiting for an improving
market. Interest rates are still low, so buyers can still make a wise decision by
choosing to own their own home.
If you have been thinking of selling your East Grand Rapids home, summer of 2013
could be the time to call for a custom analysis of what your home might be worth
in today’s market!
If you have questions about buying or selling an East Grand Rapids home,
give Terry a call at 616-292-7263.
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East Grand Rapids Real Estate Market Reports
East Grand Rapids Michigan ~ America’s Hometown
Copyright 2013 All rights reserved.
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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