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.
RESIDENTIAL REAL ESTATE MARKET ~
EAST GRAND RAPIDS MI ~ October 2008.
Homes Listed at $850,000 +
8 For Sale
Average price $ 1,727,500
1 Home Sold - $ 1,275,000
East Grand Rapids Homes Listed $450,000 to $ 850,000
20 EGR Homes Available Average price $ 587,855
7 EGR Homes Sold, 14 Expired
Average EGR Sold Price: $ 522,143
Average Days on Market: 52
Average Expired Price: $606,729
Average Days on Market: 121
Homes Listed $ 300,000 - $ 450,000
39 EGR Homes Available Average Price: $ 384,435
Average Days on Market: 97
3 Pending, 14 Sold, 18 Expired, 1 Withdrawn
Average EGR Sold Price: $351,036
Average Days on Market: 75
Average Expired Price: $387,828
Average Days on Market: 103
Homes Listed $ 200,000 - $300,000
28 EGR Homes Available
Average Price: $ 261,336
Average Days on Market: 106
32 Sold Homes, 14 Expired, 4 Withdrawn
EGR Average Sold price: $231,534
EGR Average Sold Days on Market: 76
Homes Listed $0- $200,000
40 EGR Homes Available Average Price: # 161,835
Average Days on Market: 98
9 Pending Sales, 20 Expired, 3 Withdrawn
42 EGR Sold Homes
Average EGR Sold Home Price: $157,274
Average Days on Market: 46
152 East Grand Rapids Homes have sold in 2008
Average East Grand Rapids home sold price is $237,724
If you would like to know the value of your East Grand Rapids Home
in this market, please contact me directly.
Grand Rapids -Ada MI Real Estate ~ Westbrook Realty ~ Copyright 2008
Five Star Real Estate LLC
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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
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