Grand Rapids Michigan Real Estate Blog

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Rockford Michigan Absorption Rate ~ Dec 15, 2008

Current Rockford MI Real Estate Market Report

Main Street in Rockford MI 49310

Current Absorption Rate for Rockford Michigan is 25.6 months on

average, which means if no new listings come on the market, it will take

25.6 months to sell current inventory.

The under $200K market is moving about 4 times faster than the over $200K.

320 Active Listings in Rockford MI today.

57 Sold Rockford Homes since July1, 2008 with high price at $385,000

and the low price at $20,000.

18 Pending Home Sales since Oct 30, 2008 to date.

Average Rockford List Price:  $ 250,070

Average Rockford Sale Price: $ 207,403

 

If you have any questions about a Rockford or Grand Rapids MI

home, please contact me directly.

 

Grand Rapids -Ada Real Estate - Westbrook Realty

 Copyright 2008  All rights reserved

 Photo of Downtown Rockford 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!

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Comments

Rockford is such a nice town and almost Norman Rockwellish, at times.  I'm surprised to see that

there is a back log of houses here for sale, over 2 yrs of inventory, ouch.

Posted by Bonnie & Terry Westbrook Grand Rapids MI Real Estate (Westbrook Realty) about 1 year ago

Bonnie: We like it and I'm sure it will recover.

Posted by Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate (Westbrook Realty Broker-Owner) about 1 year ago

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