Rockford Michigan Real Estate Market Report Jan-Dec 2010

Rockford Michigan Real Estate Market Report Jan-Dec 2010

Rockford Michigan is a northern suburb of Grand Rapids, about

15-20 minutes by freeway from the center of the city.  It is a small

town on the Rogue River with an excellent public school system and

diverse businesses and resources.   The real estate picture for 2010

was not one of growth but 464 people bought homes in Rockford,

making it one of Grand Rapids most popular suburbs.

P1030534

334 Active Rockford MI Listings 

Absorption Rate : 9 months

Sold Rockford Homes: 464

Average sold price  $ 162,135

Average Sold Price/SqFt  $111.00

Housing sales in both Courtland Township, Algoma

Township and City of Rockford were down about 35-38%

from 2009 figures, though average prices were slightly higher.

Inventories will probably increase with the spring market and

buyers will have their pick of the best homes for sale, though

prices seem to be ticking up.

 

It is imperative that you have your  home in  great condition

and priced correctly, over-priced homes and tired looking homes

will not sell for top dollar in this buyer’s market.  Good buys can

be had in all segments of Rockford’s housing market, which ranges

from over a million to $60,000 at the low end.

 

If you have any questions about  Rockford or Grand Rapids

MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

 

Rockford Michigan Real Estate Market Reports

Rockford Michigan Video Tour

 

Copyright 2011  All rights reserved

Photo of Lake Bella Vista sunset by Bonnie Westbrook


____________________________________________________________________________

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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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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