East Grand Rapids Michigan Top Best Buy Homes April 2010

East Grand Rapids Michigan Top Best Buy Homes April 2010

We have gathered a list of the top East Grand Rapids 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.  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 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.

April 2010 – 22 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $70.24 to $108.33

Highest List Price –  $ 269,500

Lowest List Price –  $ 74,999

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

729 Gladstone Dr SE   $ 74,999      800 Sq Ft   $93.75/SqFt

2361 Burchard St        $118,900    1455 Sq Ft   $102.94/SqFt

2714 Cascade Rd SE   $129,900    1900 SqFt     $99.92/SqFt

612 Gladstone Dr SE   $129,900     1268 Sq Ft  $102.44/SqFt

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

2530 Cascade Rd SE   $139,900    2200 SqFt    $86.88/SqFt

430 Gladstone Dr SE   $140,000   1624 Sq Ft   $86.21/SqFt

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

252 Hodenpyl Rd       $149,900    1489 Sq Ft    $100.67/SqFt

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

324 Gladstone Dr SE   $165,000    1538 Sq Ft   $107.28/SqFt

1160 Conlon Ave SE    $180,000    1889 Sq Ft   $95.29/SqFt

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

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/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

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

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/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

1120 Breton Rd SE    $269,500     3364 Sq Ft    $106.77/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 but

prices are generally higher.

*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 Blogs

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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East Grand Rapids Michigan Real Estate Market Report ~ June 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 12 months, which means if no new listings come on the

East Grand Rapids market, it will take 12 months for the existing

home inventory to sell.

There are 169 active listings on the East Grand Rapids market now,

up slightly from last month, ranging from $99,980 to $2,039,000.

32 Pending Home Sales

84 Sold Homes with sold prices ranging from $ 25,000 to $ 1,275,000

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

 

East Grand Rapids Homes  up to  $200,000

Active Listings – 34

Pending  – 15

Sold – 36  

Avg Sold Price – $ 137,382

 

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

Active Listings  -  46

Pending – 10

Sold -  23

Avg Sold Price – $  251,570

 

East Grand Rapids Homes $ 300,000 to $500,000

Active Listings -  52

Pending -  4

Sold  – 9

Avg Sold Price – $ 367,611

 

East Grand Rapids Homes  $ 500,001 ++

Active Listings  -  37

Pending – 3

Sold – 3

 

The lower end of this market (under $300K) has seen about 85 %

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 phasing out.  Almost  half of these sales have been over $ 100

a square foot.  Homes in the higher prices are selling, but much

slower than normal.  

 

East Grand Rapids Best Buy Homes June 2009

East Grand Rapids April 2009 Absorption Report

West Michigan Schools Ranked in Top US 1500

 

If you have any questions about the value of your East GR home,

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