form of inland lakes, rivers and streams. Many people who live here have
residences that have private waterfront access, the prices range from $99,000
at the low end to $4,000,000 at the high end to live on the waterfront in
Eastern Kent County.
Eastern Kent County would include Ada, Alto, Belding, Belmont, Caledonia,
Cannon, Cannon Twp, Cannonsburg, Cascade, Comstock Park, Dutton, East
Grand Rapids, Forest Hills, Gaines, Gaines Twp, Grand Rapids, Kentwood,
Rockford, & Vergennes Twp.
This Private Waterfront Real Estate Market Report gives you the current
picture for the hot market time from March to August 2008.
The chart below tells us that 15 properties have sold, 3 pending,
82 currently For Sale, and 18 have expired.
Reeds Lake, East Grand Rapids, MI
Average Price for Private Access Waterfront Real Estate
Current For Sale = $618,500
Pending Sales = $466,300
Sold Homes = $419,853
Average Days on the Market
Current For Sale = 80 days
Pending = 78 days
Sold = 56 days
Expired = 101 days
Average Price per Square Foot
Current For Sale = $222.39
Pending = $201.98
Sold = $196.93
Expired = $189.01
| Status | Total | Avg Price | $/SqFt | Median | Low | High | Avg DOM |
| ACT/CNT | 82 | $618,500 | $222.39 | $429,000 | $99,900 | $4,000,000 | 80 |
| PND | 3 | $466,300 | $201.98 | $599,000 | $300,000 | $599,000 | 78 |
| SLD/RNT/LSE | 15 | $419,853 | $196.93 | $275,000 | $145,000 | $1,275,000 | 56 |
| WTH | 0 | $0 | $0.00 | $0 | $0 | $0 | 0 |
| EXP | 18 | $378,292 | $189.01 | $286,950 | $149,900 | $1,275,000 | 101 |
| Total | 118 | $552,737 | $213.54 | $395,000 | $99,900 | $4,000,000 | 80 |
All information is subject to verification and no liability for omission
or error is assumed
If you would like additional information about waterfront homes
in Kent County, please contact me directly at:
1-888-240-1968 ext 0
F.Y.I. ~ The 4 million dollar property listed is on Reeds Lake, the beautiful lake
in East Grand Rapids, captured in a photo by Bonnie Westbrook.
Grand Rapids Ada Real Estate Copyright 2008 All rights reserved