East Grand Rapids Michigan is doing fairly well in this market cycle.
The statistics are still in the buyers favor but sales continue to
close and inventory is inching downward. All signs of a recovering
market and a return to normal levels, though the 19 months of
inventory says we have a way to go before home inventory returns
East Grand Rapids to previous levels of about 6-9 months.
)
Sales Price Graph (Includes Sold Homes Only)
Comparison of Units Sold 2008 to 2009 - Includes Sold & Pending Homes
Sold & Pending Homes Sales Price Graph April 2008 to April 2009
Avg. Days on Market 98
Percent Sold/List 93.80%
Current Inventory 152
Months Inventory 19
Average $ per Sqft. $107.30 (TFLA)
If you have any questions about the cvalue of an East Grand Rapids home,
please contact me at: 1-888-240-1968 x 0
or email me at: terry@terrywestbrook.com
Westbrook Realty - Grand Rapids Real Estate
All information is deemed correct but no liability assumed. All data from
GRAR.
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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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