Grand Rapids Michigan Real Estate Blog

East Grand Rapids Michigan Real Estate Market Report  Jan-June 2011

East Grand Rapids is a community of homes priced from the

low $100,000’s to over $2,000,000 with the majority of homes

selling from $120K to $400K.  Since this is such a large spread

it is difficult to produce true averages beyond a neighborhood

level, so take that in consideration with the following statistics.

2011 First Half EGR STATS:

146 Active Listings for sale

30 Pending Home Sales

80 Sold Homes

$260,384 Average Sold Price

95.21% of Sale Price to List Price

Absorption Rate: 7.9 months

Synopsis:  East GR is seeing a slight rise in home prices

over 2010 averages, though the  Absorption rate is slightly higher.

Demand for East GR homes is about the same as 2010 but

indices are looking up, so far.  If the bank owned homes are

dumped back on the market, this would erode prices further.

 

 

More East Grand Rapids Articles:

SEARCH FOR EAST GRAND RAPIDS HOMES

SEARCH for EGR Bank Owned + Short Sale Homes

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

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East Grand Rapids Michigan Top Best Buy Homes May 2011

This is our 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 and it should reflect

the interior finish of the home.  East GR has homes listed at almost

$500/ Sq Ft and under $100/Sq Ft, so the range here is wide.

 

For example, if it has crystal chandeliers, wood flooring, a new

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

that still has the 1980’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.  If you would like

to sign up for daily new listing email, just contact Terry.  You can also

sign up for saved searches on our website.  This saves your profile

search and lets you monitor and control your search details.

 

May 2011 –  TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $73.42 to $119.78

Highest List Price -  $ 359,000

Lowest List Price -  $ 122,500

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

1600 Wealthy St SE   $122,500     1248 Sq Ft   $98.16/SqFt

2151 Tenway             $145,000    1396 Sq Ft    $103.87/SqFt

1647 Franklin St        $149,900     1400 Sq Ft   $107.07/SqFt

712 Lovett Ave          $153,900     1543 Sq Ft   $99.74/SqFt

1058 Orchard Ave      $159,900    1335 Sq Ft    $119.78/SqFt

2144 Hall St SE          $164,000     1742 Sq Ft    $94.66/SqFt

2405 Oakwood Dr      $165,000      1786 Sq Ft   $92.39/SqFt

1032 San Juan Dr      $179,900     1696 Sq Ft   $106.07/SqFt

441 Rosewood            $179,900     1680 Sq Ft   $107.08/SqFt

2437 Hall St                 $185,000     1720 Sq Ft    $107.56/SqFt

1138 Lakeside Dr       $187,900      1736 Sq Ft    $108.24/SqFt

2437 Hall St                 $189,900     1720 Sq Ft    $110.41/SqFt

1440 Sherwood          $214,000      2044 Sq Ft    $104.70/SqFt

1436 Rosalind             $229,900     2123 Sq Ft    $108.20/SqFt

1626 Sherman           $240,000      3056 Sq Ft    $78.53/SqFt

715 Cambridge Blvd   $240,000    2177 Sq Ft    $110.24/SqFt

541-3 Greenwood       $269,900    3676 Sq Ft    $73.42/SqFt

1447 Woodcliff Ave    $289,900     2861 Sq Ft    $101.33/SqFt

2733 Maplewood Dr     $295,000    2746 Sq Ft    $107.43/SqFt

2424 Lake Dr                $359,000    3218 Sq Ft     $111.56/SqFt

14 Sold, 22 Pending in the last month in EGR

Average Sale Price  $ 169,525

Average Price/SqFt  $111.02

Home sales have increased this month, home inventory

is  moving in East GR.  Distressed properties are still popping up

but much scarcer than other areas around GR.  Price per square

foot is moving up slowly but surely.

 

SEARCH EAST GRAND RAPIDS HOMES

Bank Owned & Short Sale EGR Homes Search

Related Posts:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

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

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

terry@terrywestbrook.com

 

East Grand Rapids Michigan Top Best Buy Homes – June 2010

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

based on price per square foot for June 2010.  Price per square foot

 is a great leveler and a good way to compare properties.

 

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.

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

are used to figure price per square foot.

June 2010 – 25 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $69.15 to $109.93

Highest List Price -  $ 405,000

Lowest List Price -  $ 89,900

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

2714 Cascade Rd SE   $ 89,900    1900 SqFt     $69.15/SqFt

252 Hodenpyl Rd       $129,900    1489 Sq Ft    $87.24/SqFt

2530 Cascade Rd SE   $139,000    2200 SqFt    $86.88/SqFt

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

1647 Franklin St          $149,900    1392 Sq Ft   $107.07/SqFt

 

706 Rosewood Ave    $159,900     1676 Sq Ft   $95.41/SqFt

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

1442 Eastlawn Rd       $160,000    2368 Sq Ft   $88.01/SqFt

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

2205 Heather St SE     $169,900    2584 Sq Ft   $65.75/SqFt

 

2840 Cascade Rd        $174,900     2272 Sq Ft   $97.60/SqFt

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

2206 Stratford Ct SE   $189,000    2918 Sq Ft   $86.38/SqFt

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

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

 

1746 Danby Ln SE     $230,000    3479 Sq Ft    $105.31/SqFt

564 Laurel Ave SE     $237,500    2212 Sq Ft   $107.37/SqFt

1536 Eastlawn Rd     $239,900    2500 Sq Ft    $103.76/SqFt

245 Briarwood Ave   $255,000    2383 Sq Ft    $107.01/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

77 Lakeview Dr SE     $269,000    2501 SqFt    $107.56/SqFt

1524 Lake Grove        $269,900    3908 SqFt    $107.06/SqFt

1740 Vesta Ln SE       $279,000    3216 SqFt    $108.94/SqFt

2702 Robinson Rd      $405,000    4000 Sq Ft   $109.93/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 school

 districts.

 Homes in good condition and priced appropriately are selling. There

are more homes available this month in East Grand Rapids but demand

has driven home prices 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

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East Grand Rapids July 4th 2010 Celebration

Sunday  July 4th:

Parade 12:00 pm – 1:00 pm Starts at Woodcliff Admin.Bldg,

travels along  Lake Dr, Lakeside and Wealthy, ending at Croswell

Concessions open -  Noon to Late Evening

Activities open at John Collins Park 12:30 – 5 pm

Soft Play, Bungee Run, Dragon Hide n Slide, Clown & Airbrush tattos

1:00 – 1:30 pm  - Performance by Firecracker Cheer Camp

Water Ski Show 1:30-2:30 pm  by Grand City Show Skiers

3:00 – 4:00 pm  - Performance by Zumba

5:00 – 6:30 pm  - Performance by The Ardvark Stew

8:30 – Dusk    Grand Rapids Federation of Musicians

Fireworks – Dusk over Reeds Lake ( approx 10:15 pm)

East Grand Rapids 4th of July Information

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From 9 AM to 5 PM, East Grand Rapids Michigan will transform its

Lakeside Park into a feast for the art lover.  The annual Reeds Lake

Clothesline Art Festival will be held at John Collins Park in East

Grand Rapids, Saturday, June 19th, 2010. 

 

This juried art fair, put on by and for Grand Valley Artists is a

local favorite because of the picturesque lakeside venue and the

wonderful selection of jewelry, photography, glass, pottery,

 painting, watercolors, sculpture  and more. 

 This year the festival is celebrating their 45th anniversary.

 

 

There is public parking in the ramp near the Regatta Plaza,

which is a short walk from the site and in the middle of the

Wealthy Street merchants and restaurants in Gaslight Village.

 

                        Held rain or shine.

 

Over 140 artists from all over the country. Some will be old favorites,

others will be new to  West Michigan.  If art tickles your interests, or

you have a blank spot looking for that special piece….come out on

Saturday, June 29th, 2010 to East Grand Rapids Clothesline Art Fair.

 

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Movies in the Park are back this summer!  East Grand Rapids Parks

and Recreation Dept in cooperation with the Kent District Library

 are showing 4 different FREE movies this summer at John Collins Park

 on the shores of Reeds Lake. (weather permitting)

 

 

A large 30 foot inflatable screen will come to life at dusk on Friday

evenings.  A hotdog dinner with chips and ice cream is available

through Macatawa Bank, who are donating the proceeds to the

Reed Lake Trail Project.  The KDL Teen Group will be selling

popcorn and candy to benefit teen library programs.

 

The 2009 Movie Line Up is:

 

Friday July 17  Hairspray  starts at 9:05 pm

 

Friday July 31 - Nim's Island  starts at 8:50 pm

 

Friday August 14  Hotel for Dogs  starts at 8:30 pm

 

Friday August 28  Happy Feet   starts at 8:10 pm

 

So grab your blanket and head out to the park early to get your

place. 

 

Westbrook Realty ~ Grand Rapids Real Estate

Copyright 2009 all rights reserved

East Grand Rapids Michigan has a beautiful park at 650 Lakeside Drive SE

where United Bank is hosting the 2009 Summer Concert Series.

Bring a blanket and relax lake side to hear this local entertainment.

 

 

Tuesday June 9th  - Hall Street 6 - 7:00-8:00 pm

Hall Street 6 is an electric group of musical professionals who have been

performing locally for over 10 years. They enjoy playing Jazz, Swing, & Dixie

music together.

 

Tuesday June 23rd - Karisa Wilson Band - 7:00-8:00 pm

This 4 piece band is comprised of local and regional professional

musicians who combine Folk Rock with Blues and Latin  for a great

all around listening experience.

 

Tuesday July 7th - Steve Hilger Band - 7:00-8:00 pm

A 7 piece Blues band which plays original blues, traditional,  acoustic,

electric, and some original pieces.

 

Tuesday July 21st - Silent Bark - 7:00-8:00 pm

This band covers all the bases. They have a variety of musical styles to

lean on in: Rock, Funk, Alt-Country, Folk, & Groove. The band plans an

evening of original compositions and unexpected musical twists.

 

Tuesday August 4th - The Barndogs - 7:00-8:00 pm

A local EGR band that started in 2001. They play songs that have been the

background to their lives.  They have been inspired by U2, Van Morrison,

The Allman Brothers, and Johnny Rivers.  You may hear music from these

 artists as well as some original songs.

 

Tuesday August 18th - Mid-Life Crisis - 7:00-8:00 pm

Back by popular demand, this popular 8 piece band has a full horn section and features 6 different singers. Performing music from the 60' & 70's, they have opened for many national hit bands.

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

John Collins park photo by Bonnie Westbrook

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.

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