East Grand Rapids Michigan Real Estate Market Report July – December 2013

East Grand Rapids Michigan Real Estate Market Report July – December 2013

 by Terry & Bonnie Westbrook

East Grand Rapids is a community of homes priced from the

mid $100,000’s to over $1,000,000 with the majority of homes

selling from $200K to $400K.

 

East Grand Rapids is a very popular place to live in our area,

its walkability, close to downtown GR businesses, and shops, restaurants

in Gaslight Village are  the main reasons.

TreeatEGRgaslightvillage_thumb.jpg

East Grand Rapids Real Estate Report  July-December 2013

 

Active Listings – 41                 from $144,900 to $ 1,599,000

Pending Sales – 58

Sold Homes   – 116                   from $ 126,000 to $ 1,312,500

 

Average List Price  –   $ 416,871

Average Sold Price – $ 362,493

 

Sold home prices have risen about  10% in East Grand Rapids

in the last six months.  Home inventory numbers are down, so this is

good news for home sellers, especially those waiting for an improving

market.  Interest rates are still low, so buyers can still make a wise decision by

choosing to own their own  home.

 

If you have been thinking of selling your East Grand Rapids home,

2014 could be the time to call for a custom analysis of what your home

might be worth in today’s market!

 

If you have questions about buying/selling an East Grand Rapids home,

give Terry a call at 616-292-7263.

 

SEARCH EAST GRAND RAPIDS HOMES

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

 

Copyright 2014   All rights reserved.

_____________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Real Estate Market Report  April July 2013  ar125812225271331 East Grand Rapids Michigan Real Estate Market Report  April July 2013

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry  616-292-7263

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