East Grand Rapids Michigan Real Estate Market Report Oct – Dec 2012
East Grand Rapids is a community of homes priced from the
low $100,000’s to over $2,000,000 with the majority of homes
selling from $100K to $400K. East Grand Rapids is a very popular
place to live and the months of home inventory, lowest in the
Grand Rapids area, shows this.
Autumn Grass
East Grand Rapids Real Estate Report Oct 1 – Dec 31 2012
Active Listings – 13 from $145,000 to $ 1,050,000
Average List Price – $ 484,823
Pending Sales – 2
Sold Homes – 47 from $ 96,111 to $ 1,065,000
Average Sold Price – $ 274,516
Average Days on Market – 52-57 days
Home prices are rising in East Grand Rapids, just as home inventory
is shrinking. Good news for home sellers, prices starting to rise. Low
appraisals is still a problem in most areas, though we predict East GR and
Forest Hills will be the first to recover. If you have been thinking of selling
your East Grand Rapids home, spring of 2013 could be the time!
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
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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