Grand Rapids Michigan Real Estate Blog

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Wyoming MI - Real Estate Market Report ~ November 2008

Wyoming Michigan is a large suburban community of Grand Rapids, MI. 

Wyoming MI homes are moderately priced, which should make it an active

market in this economy.  

  Obviously the lower price levels have affected the average

(low price $54,200 vs high price of $236,835)

I  assume some of the lowest price levels are bank owned foreclosures

negatively affecting the market price.

As you can see by the graph pictured below, Wyoming homes listed at a

 high price are not selling until the price gets close to the average or below.

 

188 Wyoming MI Homes Actively on the Market October 2008

36 Wyoming MI Pending Sales for January to November

61 Wyoming Sold Homes for January to November

 

Wyoming MI real estate market report 3rd Qtr 2008

Wyoming MI real estate market report 3rd Qtr 2008

Wyoming MI real estate market report 3rd Qtr 2008

Wyoming MI real estate market report 3rd Qtr 2008

In Wyoming, MI there is a lot of sold activity in the lower price brackets,

$ 50,000 to  $ 85,000.  There are some great bargains here for

savvy home buyers.  The lowest average sold prices has risen about

$15,000 since August.  At the top end, it looks like the higher prices have

started moving towards the middle, they have lost about $13,000 in

average sold prices.

 

Wyoming MI Market Report August 2008 

Wyoming MI Market Report Sept 2008

 

 

If you have any questions about Wyoming or Grand Rapids Homes,

contact me directly at:    1-888-240-1968 ext 0

 

Grand Rapids Ada Real Estate  Westbrook Realty

Copyright 2008 All rights reserved

All information is subject to verification and no liability for error or omission is assumed.

 

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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!

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