East Grand Rapids Michigan Top Best Buy Homes – May 2010

We have a list of the Top Best Buy East Grand Rapids Houses

to buy based on price/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.  It should reflect

the interior finish of the home.

For example, if it has crystal chandeliers, marble tile, a new

kitchen, this would be more value per square foot than a home

that still has the 1970’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

May 2010 – 19 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $70.24 to $108.84

Highest List Price –  $ 263,000

Lowest List Price –  $ 84,999

The Top East GR Homes to Buy by Price per Square Foot:

729 Gladstone Dr SE   $ 84,999      800 Sq Ft   $106.25/SqFt

2714 Cascade Rd SE   $119,900    1900 SqFt     $92.23/SqFt

293 Rosewood Ave    $130,000     1422 Sq Ft   $104.67/SqFt

252 Hodenpyl Rd       $147,500    1489 Sq Ft    $99.06/SqFt

630 Rosewood Ave    $149,500   1862 Sq Ft     $80.29/SqFt

1647 Franklin St          $149,990    1392 Sq Ft   $107.75/SqFt

1707 Hall St SE           $160,000     2229 Sq Ft    $91.27/SqFt

950 Breton Rd SE       $ 169,900    1561 Sq Ft    $108.84/SqFt

1420 Laurel Ave SE     $175,000    1728 Sq FT    $101.27/SqFt

2053 Englewood Dr    $178,000     1954 Sq Ft    $106.84/SqFt

2840 Cascade Rd        $189,000     2272 Sq Ft   $105.47/SqFt

2206 Stratford Ct       $193,500     2918 Sq Ft   $88.44/SqFt

2150 Anderson Dr      $195,000     3322 Sq Ft   $70.24/SqFt

9 Morningside Dr      $199,500      2400 Sq Ft    $99.75/SqFt

3030 Cascade Rd SE   $199,900     3000 Sq Ft    $106.44/SqFt

1401 Pinecrest Ave   $218,000     2350 Sq Ft    $103.02/SqFt

1146 San Jose Dr SE  $219,900     2446 Sq Ft    $107.48/SqFt

1773 Oxford Dr SE     $260,000     3000 Sq Ft   $108.24/SqFt

3030 Fulton St E        $263,000    3460 Sq Ft   $106.05/SqFt

East Grand Rapids homes are selling. If you have been waiting

for the  right time to buy, don’t wait much longer.  We are

seeing definite signs  of competition for homes in East Grand

Rapids and  Forest Hills.

Homes in good condition and priced appropriately are selling.

There are fewer home available this month in East Grand Rapids

and prices are generally higher, only 1 home under $100K.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.*

East GR  Real Estate Market Articles

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Market Report Jan-Dec 2009

East Grand Rapids Michigan Real Estate Market Report  Jan-Dec 2009

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 6.3 months, which means if no new listings come on the

East Grand Rapids market, it will take 6.3 months for the existing

home inventory to sell.

There are 111 active listings on the East Grand Rapids market now,

typically a leaner market in winter ranging from $89,900 to $3,600,000.

25 Pending Home Sales

210 Sold Homes w/ prices ranging from $ 25,000 to $ 1,750,000

from Jan 1, 2009 in East Grand Rapids housing inventory.

East Grand Rapids Homes  up to  $200,000

Active Listings – 29

Pending  – 7

Sold – 81

Avg Sold Price – $145,265  139,240

East Grand Rapids Homes  $200,000 to $300,000

Active Listings  –  25

Pending – 2

Sold –  51

Avg Sold Price – $ 246,601  250,468

East Grand Rapids Homes $ 300,001 to $450,000

Active Listings – 34

Pending –  1

Sold  – 46

Avg Sold Price – $ 358,789 363,813

East Grand Rapids Homes  $ 450,001 ++

Active Listings  –  23

Pending – 2

Sold – 20

Avg Sold Price – $ 711,025

The lower end of this market (under $300K) has seen about 50 %

of the sales in the last year.  With the current lowest list price

at $ 89,900,  it looks like the bargain basement days in EGR housing

are over.  Homes in the higher prices are selling, but at a

slower rate.

The Absorption rate is in the normal range for East GR

homes at this point, something we haven’t seen for a  few years.

It looks like East Grand Rapids is coming out of the the recent

real estate downturn on a faster pace than other

local communities.

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

____________________________________________________________________________________________

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!

ar125812212017642 Affordable Grand Rapids Holiday Housing at the Prince Center ar125812218972939 Affordable Grand Rapids Holiday Housing at the Prince Center ar125812225271331 Affordable Grand Rapids Holiday Housing at the Prince Center

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Report ~ July 2009

Current Real Estate Market Report For East Grand Rapids Michigan

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 7 months, which means if no new listings come on the

East Grand Rapids market, it will take 7 months for the existing

home inventory to sell.

There are 123 active listings on the East Grand Rapids market now,

down about 30% from last month, ranging from $99,980 to $2,039,000.

25 Pending Home Sales

123 Sold Homes with sold prices ranging from $ 25,000 to $ 1,300,000

since Jan 1, 2009 in the East Grand Rapids housing inventory.

 

East Grand Rapids Homes  up to  $200,000

Active Listings – 29

Pending  – 15

Sold – 45  

Avg Sold Price – $ 139,240

East Grand Rapids Homes  $200,000 to $300,000

Active Listings  -  47

Pending – 4

Sold -  31

Avg Sold Price – $  250,468

East Grand Rapids Homes $ 300,000 to $450,000

Active Listings -  46

Pending -  3

Sold  – 32

Avg Sold Price – $ 363,813

East Grand Rapids Homes  $ 450,000 ++

Active Listings  -  47

Pending – 3

Sold – 15

 

The lower end of this market (under $300K) has seen about 75 %

of the sales in the last six months.  With the current lowest list price

at $ 99,980,  it looks like the bargain basement days in EGR housing

is over.  Homes in the higher prices are selling, but at a

slower rate. The Absorption rate is in the normal range for East

Grand Rapids homes at this point, something we haven’t seen

for a  few years.

 

East Grand Rapids June 2009 Absorption Report

East Grand Rapids Top Best Buy Homes July 2009

East Grand Rapids Michigan ~ America’s Hometown

 

If you have any questions about East GR homes,

please contact me directly:

ph 1-888-240-1968 ext 0

email:terry@terrywestbrook.com

Grand Rapids Ada MI Real Estate ~ Westbrook Realty

copyright 2008 All rights reserved

Photo of East Grand Rapids Public Library by Bonnie Westbrook

Best Buy East Grand Rapids Michigan Homes ~ May 2009

We have gathered a list of the top East Grand Rapids Houses  to buy

based on price per square foot. Please note that this list can change daily

as some homes sell, prices are adjusted and other homes come on the

market. Check back often or just subscribe to our blog to get up-to-date

local real estate information that you want to know.

East Grand Rapids homes for sale

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

May 2009 BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $63.55 to $99.57

Highest List Price –  $389,900

Lowest List Price –  $ 89,900

The Top East GR Homes to Buy by Price per Square Foot:

2200 Estelle Dr SE       $ 89,900     1274 Sq Ft   $70.57/SqFt

 

 

3009 Lake Dr. SE         $139,900    1996 Sq Ft  $99.57/SqFt

1635 Breton Rd SE      $139,900    2300 Sq Ft   $73.63/SqFt

 

2610 Richards Dr         $ 140,000   1716 Sq Ft   $81.59/SqFt

2946 Cascade Road    $144,900    2280 Sq Ft   $63.55/SqFt

2326 Brighton Dr         $159,000    2100 Sq Ft    $83.68/SqFt

1638 Wealthy St SE      $169,900   2400 Sq Ft    $80.90/SqFt

2150 Anderson Dr SE   $209,900   3322 Sq Ft    $75.61/SqFt

 

 

2470 Lake Dr SE          $279,950   3143 Sq Ft    $89.07/SqFt

3047 Cascade Rd        $159,900    1726 Sq Ft   $92.64/SqFt

244 Morningside Dr     $184,900    1946 Sq Ft   $95.02/SqFt

2131 Robinson Road   $389,900    4300 Sq Ft   $90.67/SqFt

 

Note: The bargains are fewer and prices appear to be getting more

expensive here in East Grand Rapids this month.   One home

under $100K is listed this month, compared to none last month.

If you have been waiting for the right time to buy, don’t wait much

longer.  We are starting to see signs of the below appraisal home

prices seriously slowing in certain desirable areas, like East Grand

Rapids and Forest Hills.

 

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

Grand Rapids Ada MI Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Top Best Home Buys ~ East Grand Rapids Michigan ~ April 2009

We have gathered a list of the top East Grand Rapids Houses to buy

based on price per square foot. Please note that this list can change daily

as some homes sell, prices are adjusted and other homes come on the

market. Check back often or just subscribe to our blog to get up-to-date

local real estate information that you want to know.

East Grand Rapids homes for sale

The total square footage is noted here, although only the main floors are

used to figure price per square foot.

April 2009 BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $63.55 to $95.02

Highest List Price -  $389,900

Lowest List Price -  $ 139,900

The Top East GR Homes to Buy by Price per Square Foot:

2218 Lake Dr.              $139,900    1900 Sq Ft  $87.88/SqFt

944 Breton Rd SE        $144,900    1646 Sq Ft  $88.03/SqFt

2946 Cascade Road    $144,900    2280 Sq Ft   $63.55/SqFt

1635 Breton Rd SE      $149,900    2300 Sq Ft   $78.89/SqFt

2610 Richards Dr         $ 153,000   1716 Sq Ft   $89.16/SqFt

 

2326 Brighton Dr         $159,000    2100 Sq Ft    $83.68/SqFt

1638 Wealthy St SE      $169,900   2400 Sq Ft    $80.90/SqFt

2101 Lake Dr SE          $179,900   1976 Sq Ft    $91.04/SqFt

2150 Anderson Dr SE   $209,900   3322 Sq Ft    $75.61/SqFt

1080 Idema Dr SE        $239,900   4746 Sq Ft    $71.36/SqFt

 

1341 Cornell Dr SE       $269,900   3820 Sq Ft    $77.78/SqFt

2470 Lake Dr SE          $279,950   3143 Sq Ft    $89.07/SqFt

3047 Cascade Rd        $159,900    1726 Sq Ft   $92.64/SqFt

244 Morningside Dr     $184,900    1946 Sq Ft   $95.02/SqFt

2131 Robinson Road   $389,900    4300 Sq Ft   $90.67/SqFt

 

Note: The bargains appear to be getting more expensive and there

are fewer of them each month here in East Grand Rapids. No homes

under $100K are listed this month.  If you have been waiting for the

right time to buy, don’t wait much longer.  We are starting

to see signs of the dropping home prices seriously slowing in certain

desirable areas, like East Grand Rapids and Forest Hills.

 

 

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

 

Grand Rapids Ada MI Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Top Home Buys East Grand Rapids Michigan ~ March 2009

We have gathered a list of the top East Grand Rapids Houses to buy

based on price per square foot. Please note that this list can change daily

as some homes sell, prices are adjusted and other homes come on the

market. Check back often or just subscribe to our blog to get up-to-date

local real estate information that you want to know.

East Grand Rapids homes for sale

The total square footage is noted here, although only the main floors are

used to figure price per square foot.

 

March 2009 BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $63.55 to $96.65

Highest List Price -  $389,900

Lowest List Price -  $ 99,900

 

The Top East GR Homes to Buy by Price per Square Foot:

2701 Albert Dr             $ 99,900     1571 Sq Ft   $93.28/SqFt

706 Rosewood Ave     $ 124,900    1676 Sq Ft  $74.52/SqFt

1151 Idema Dr            $129,900    1344 Sq Ft   $96.65/SqFt

1549 Rosalind Rd        $134,900    2094 Sq Ft  $74.70/SqFt

 

2218 Lake Dr.              $139,900    1900 Sq Ft  $87.88/SqFt

2946 Cascade Road     $144,900    2280 Sq Ft   $63.55/SqFt

2610 Richards Dr         $ 156,000   1716 Sq Ft   $90.91/SqFt

1635 Breton Road       $160,000    2300 Sq Ft    $84.21/SqFt

 

1638 Wealthy St SE      $169,900   2400 Sq Ft    $80.90/SqFt

2101 Lake Dr SE          $182,500   1976 Sq Ft    $92.36/SqFt

2150 Anderson Dr SE   $209,900   3322 Sq Ft    $75.61/SqFt

1341 Cornell Dr SE       $269,900   3820 Sq Ft    $77.78/SqFt

 

2470 Lake Dr SE          $279,950   3143 Sq Ft    $89.07/SqFt

3047 Cascade Rd        $159,900    1726 Sq Ft   $92.64/SqFt

244 Morningside Dr     $187,900    1946 Sq Ft   $96.56/SqFt

2131 Robinson Road   $389,900    4300 Sq Ft   $90.67/SqFt

 

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

If you would like a list of top best buys in your area, please contact us

1-888-240-1968 x 0 or email us through our web site:

Grand Rapids Ada MI Real Estate ~ Five Star Real Estate

Copyright 2009 All rights reserved

East Grand Rapids MI Real Estate Market Report Nov 2008

East Grand Rapids is a small city, population of 10,784 located just east of

 Grand Rapids city limits. It has been a desired place to live in the Grand

Rapids area for many years. East Grand Rapids is primarily residential with

 some commercial business areas.  Many homeowners are attracted by 

Reeds Lake which plays a prominent role in the community, its award

winning public school system, proximity to downtown Grand Rapids,

and its overall small town feeling.

East Grand Rapids is definitely a community that you can walk to school,

the ice cream store, or just around the tree lined blocks to visit the

picturesque lakes, Reeds Lake & Fisk Lake.

Homes range in all prices here in East Grand Rapids.  There are small 3

bedroom bungalows and ranches that were built just before and after WWII,

there are mega-mansions built on the shores of Reeds Lake for wealthy

citizens, and all ranges in between.

Reeds Lake East Grand Rapids mi

                         RESIDENTIAL REAL ESTATE MARKET

                 EAST GRAND RAPIDS MI ~ November 2008

EAST GRAND RAPIDS Homes Listed at $850,000 +

EAST GRAND RAPIDS Active Listings:10

EAST GRAND RAPIDS  Average Active Price: $1,743,800

EAST GRAND RAPIDS Sold Homes : 1

EAST GRAND RAPIDS  Average Sold Price/SqFt: – $ 309.54  

East Grand Rapids real estate market report Oct 2008

 East Grand Rapids Homes Listed $450,000 to $ 850,000

East Grand Rapids Homes Active listings:32

East Grand Rapids Average Active Price: $ 608,003

East Grand Rapids SOLD Homes: 7

East Grand Rapids Average Sold Price: $ 522,143

East Grand Rapids Average Sold Price/SqFt: $ 152.57

 

EGR 450-850K $ per SqFt 11-08

EGR 450-850K $ per SqFt 11-08

 

 

EGR 300 -450K $ per SqFt Listings 11-08

EGR 300 -450K $ per SqFt Listings 11-08

 

Homes Listed $ 300,000 – $ 450,000

East Grand Rapids Homes Active Listings: 41

East Grand Rapids Average Active Price: $ 397,927

East Grand Rapids SOLD Homes: 17

East Grand Rapids Average Sold Homes Price:  $ 354,441

East Grand Rapids  Average Sold Price/SqFt: $ 135.91

 

EGR 200-300K Area Listings 11-08

EGR 200-300K Area Listings 11-08

 

 

 

Homes Listed $ 200,000 – $300,000

East Grand Rapids Active Listings: 25

East Grand Rapids Average Active Price: $ 264,604

East Grand Rapids SOLD homes: 34

East Grand Rapids Average Sold price: $231,003

East Grand Rapids Average Sold Price/SqFt: $ 123.61

 

 

 

 

Homes Listed $0- $200,000    

 East Grand Rapids Homes Active Listings: 39

 East Grand Rapids  Active Average Price: $ 164,454

 East Grand Rapids SOLD Homes: 49

East Grand Rapids Sold Home Price: $156,774

East Grand Rapids Sold price/SqFt: $ 113.61

EGR 0-200K Area Listings 11-08

EGR 0-200K Area Listings 11-08

It is difficult to do a market synopsis for a housing area this broad.

East Grand Rapids homes in the lower values seem to be the most active,

especially under $200,000.  This is still a very strong market in our

weakened economy but buyers are still looking for bargains.  If you need

to sell your East Grand Rapids home, you will need to anticipate the new

buyers price threshold to sell your home in the current market, which seems

to be going down every month.

 

 

East Grand Rapids Market Report October 2008

East Grand Rapids Market Report Sept 2008 

East Grand Rapids Market Report August 2008

 

 

If you have questons about your Grand Rapids or East Grand Rapids Home

in this market, please contact me directly.

 

Grand Rapids -Ada MI Real Estate ~ Copyright 2008

 Five Star Real Estate LLC

Reeds Lake photo by Bonnie Westbrook

 

East Grand Rapids Mi Real Estate Market Report ~ August 2008

East Grand Rapids is a small city, population of 10,784 located just east

of Grand Rapids city limits. It has been a desired place to live in the Grand

 Rapids area for many years. It is primarily residential with some commercial

business areas.  Many homeowners are attracted by Reeds Lake which plays

 a prominent role in the community, its award winning public school system,

proximity to downtown Grand Rapids, and its overall small town feeling.

This is definitely a community that you can walk to school, the ice cream

store, or just around the tree lined blocks to visit the picturesque lakes,

Reeds Lake & Fisk Lake.

 Homes range in all prices here in East Grand Rapids.  There are

small 3 bedroom bungalows and ranches that were built just before and

after WWII, there aremega-mansions built on the shores of Reeds Lake

for wealthy citizens, and all ranges in between.

Reeds Lake at John Collins Park - East Grand Rapids

Reeds Lake at John Collins Park - East Grand Rapids

 

   RESIDENTIAL REAL ESTATE MARKET

 EAST GRAND RAPIDS MI ~ AUGUST 2008.

Homes Listed at $850,000 +

5 For Sale

Average price $ 2,092,980

High $4,000,000   Low  $1,175,000

Average Days on Market  78

1 Home Sold – $ 1,275,000  

 50  Days on the Market

3 Home Listings  Expired

Average Price:   $ 1,233,333

Average Days on Market: 156

 

Homes Listed $450,000 to $ 850,000

18 Homes Available

Average price  $ 583,083

Average Days on Market  83

1 Home Pending Sale

Price: $599,000  59 Days on Market

5 Homes Sold, 9 Expired

Average Sold Price: $ 531,000

Average Days on Market:  33

Average Expired Price: $606,366

Average Days on Market: 114

 

Homes Listed $ 300,000 – $ 450,000

37  Homes Available

Average Price: $ 374,118

Average Days on Market: 67

1 Pending, 10 Sold, 12 Expired, 1 Withdrawn

Average Sold Price: $355,440

Average Days on Market: 76

Average Expired Price: $395,941

Average Days on Market: 100

 

Homes Listed $ 200,000 – $300,000

30 Homes Available

Average Price: $ 257,899

Average Days on Market:  94

30 Sold Homes, 10 Expired, 3 Withdrawn

Average price: $154,303 

Average Days on Market: 54

 

Homes Listed $0- $200,000    

36 Available

Average Price: # 166,163

Average Days on Market: 68

9 Pending Sales

Average Price $ 150,100

Average Days on Market: 71

 32 Sold Homes

Average Price: $170,306

Average Days on Market: 41

 

If you would like to know the value of your East Grand Rapids Home

in this market, please contact me directly.

1-888-240-1968 ext 0

Grand Rapids -Ada MI Real Estate ~ Copyright 2008 – Five Star Real Estate LLC