Grand Rapids Michigan Real Estate Blog

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Grand Rapids MI Real Estate Market Report ~ September 2008

The leaves are starting to turn color which means 2008 is three quarters over

and it is time to look at the Grand Rapids homes sold in our area. This report

 is by school district and shows the Grand Rapids homes sold, median

Grand Rapids home price and the highest home price sold in

Grand Rapids school districts this year to date, September 30, 2008.

 

        Davinci's Horse Sculpture at Meijer Gardens Grand Rapids MI

 

Grand Rapids leads the home sales volume with 2426  homes out

of 7564 total, almost a third of the sales for our area so far this year.

Kentwood places second with 624 and Forest Hills third with 581. 

Kent City has the smallest number sold at 66 as it is a small community.

The townships that have seen sales growth this year are  Gaines, Ada,

Vergennes, Lowell, and Bowen townships.

The corporate city of Grand Rapids SE & West and Southwest have

also seen sales growth.

There are Grand Rapids homes for all price ranges, as you can see, with

7 areas having average home prices  below $100,000.  All Grand Rapids

home prices are still low compared to 3-4 years ago. I believe many of

these areas have been hit relatively hard by foreclosures and short sales.

 

 

     September  2008 Grand Rapids Market Report by School District

 

 School District        Homes SOLD     Average Price

Byron Center                 186       $ 186,738     

Caledonia                     232       $ 168,894

Cedar Springs               214        $ 101,459

Comstock Park               93        $ 116,707

East Grand Rapids          154       $ 236,792      

Forest Hills                    581       $ 279,940

Godfrey-Lee                    92       $  44,326

Godwin Heights              156       $  57,957

Grand Rapids               2426       $  70,532

Grandville                      325      $ 155,249

Hudsonville                    307     $ 163,029

Jenison                          252     $ 134,566

Kellogsville                     124     $   76,858

Kenowa Hills                   146     $ 123,390

Kent City                          66     $   93,421         

Kentwood                       624     $ 120,974

Lowell                            206     $ 137,088

Northview                       136     $ 142,524

Rockford                         410   $  181,994

Sparta                            107   $  102,394

Tri-County                       145   $   85,287

Wayland                          141  $  134,547

Wyoming                         441   $   87,596

 

 

If you would like further information about Homes in the Greater

Grand Rapids Area, please contact us directly.

 

Second Quarter Greater Grand Rapids Market Report

 

Grand Rapids Ada Real Estate - Westbrook Realty

Copyright 2008 All rights reserved 

Photo of DaVinci's Horse 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.  We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Comments

Terry,

That horse stopped me in my tracks as I was browsing your blog.  Trojan?

Mike in Tucson

Posted by Mike Jones (SUNSTREET MORTGAGE, LLC) over 3 years ago

Mike: Check this article out it is from our local sculpture park quite a story. The Horse

Posted by Terry+Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate (Westbrook Realty Broker-Owner) over 3 years ago

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