Current Real Estate Market Report For East Grand Rapids Michigan
Absorption rate for East Grand Rapids MI housing market is currently
at 11.29 months, which means if no new listings come on the
East Grand Rapids market, it will take 11.29 months for the existing
home inventory to sell.
There are 140 active listings on the East Grand Rapids market now,
ranging from $50,900 to $4,000,000.
12 Pending Home Sales w/ prices ranging from $ 48,000 to $ 369,000.
87 Sold Homes with sold prices ranging from $ 52,000 to $ 680,000
since July 1, 2008 in the East Grand Rapids housing inventory.
The lower end of this market (under $300K) has seen 2/3 of the sales
in the last seven months.
East Grand Rapids December 2008 Absorption Report
If you have any questions about the value of your East GR home,
please contact me directly.
Grand Rapids Ada MI Real Estate ~ Westbrook Realty
copyright 2008 All rights reserved
Photo of East Grand Rapids Public Library by Bonnie Westbrook
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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. 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
