East Grand Rapids Michigan Real Estate Market Report January-March 2014

Posted on April 19, 2014 by Terry & Bonnie

East Grand Rapids Michigan Real Estate Market Report January-March 2014

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 $300K to $500K.

East Grand Rapids is a very popular place to live in the Greater

Grand Rapids area, its’ walkability, close to downtown GR businesses,

shops, and restaurants in Gaslight Village are the main reasons.

East Grand Rapids Real Estate Report January-March 2014

Active Listings – 42 from $169,900 to $ 1,450,000

Pending Sales – 28

Sold Homes – 35

Average Sold Price – $ 348,017

The average sold home price has fallen slightly in East GR

in the last three months. This is due to a dearth of homes for sale,

rather than a declining market. Home inventory numbers are at all

time lows, just a few years from too many homes on the market.

Listing prices are definitely rising, but the average sale price dropped.

Lower priced homes, between one hundred and two hundred thousand

are difficult for buyers to find. The low number of home transactions

for the first quarter is due to low inventory, also.

Grand Rapids is experiencing this throughout the Greater Grand Rapids

market, and it affects all price points. Buyers are still wary of buying a

home that is over priced, so sellers are still sitting on the market if they

are over optimistic about their selling price.

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

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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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

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Forest Hills Michigan Real Estate Market Report January-March 2014

Posted on April 16, 2014 by Terry & Bonnie

Forest Hills Michigan Real Estate Market Report January-March 2014

by Terry & Bonnie Westbrook

Forest Hills is a school district in Ada–Cascade Michigan

real estate market that is always active. This Grand Rapids suburban

community has wonderful neighborhoods, some new and some older

with Top Ranked Forest Hills Public Schools, private schools, and

a life style that attracts many home owners.

2014 Real Estate Market Activity January – March

Active Listings = 205 From $ 62,900 to $ 2,749,000

Pending Home Sales = 116

Sold Homes = 120

Average Sold price – $297,138

Forest Hills home prices are on the rise, inventory of homes

is at an all time low, just when buyers are most anxious to purchase and

make a move to their new home. This is not isolated to the Forest Hills

market but it is at an acute stage in this community. If you are thinking

about selling your Forest Hills Home, now is the time! Buyers are

waiting for you to enter the market.

Call Terry if you are interested in buying or selling a Forest Hills home.

He has over 40 years of experience in selling and buying West Michigan

and Forest Hills homes.

SEARCH FOREST HILLS HOMES

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

Forest Hills District Ranks Top in State

Forest Hills District Posts MEAP Scores

If you would like specific information about an Ada, Cascade or

Forest Hills MI Home, please contact me directly.

_____________________________________________________________________________

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTO-STREAM

Kentwood Michigan Real Estate Market Report January-March 2014

Posted on April 15, 2014 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report January-March 2014

By Bonnie Westbrook

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, population under 50,000. It has manufacturing, shopping centers,

and lots and lots of residential housing. Kentwood Public Schools are

one of the largest school systems in the Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

2014 Real Estate Market Activity January-March

Kentwood Active Listings = 132 $49,000 to $224,900

Pending Sales – 113

Sold Homes = 158

Average Sold Price = $ 134,141

Kentwood homes are selling, in fact, inventory is so low,

it is slowing sales because buyers cannot find a home to buy. If you

are considering a move up, now is the time! Buyers are waiting to

purchase a Kentwood home.

If you are thinking of buying or selling a Kentwood home,

don’t wait. Getting a jumpstart on the spring/summer market is

a savvy move.

SEARCH for Kentwood Michigan Homes

More Kentwood Michigan Articles:

Kentwood Michigan Real Estate Market Reports

Real Estate is always hyper-local. If you have questions about

any Kentwood home, please contact Terry.

____________________________________________________________________________

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTO-STREAM

Caledonia Michigan Real Estate Market Report January-March 2014

Posted on April 9, 2014 by Terry & Bonnie

Caledonia Michigan Real Estate Market Report January- March 2014

by Bonnie Westbrook

2014 Real Estate Market Activity

January 1, 2014 to March 31, 2014

Current Active Listings = 56 from $ 55,000 to $ 599,000

Caledonia Pending Home Sales = 42

Caledonia Sold Homes = 33

Average Sold Price = $ 227,591

Caledonia Real Estate Market is doing well.

If a house is listed at the right price, it should sell.

Home prices are experiencing a slight increase from

the last quarter of 2013. There is a scarcity of homes for sale,

according to demand. If you have been considering

selling your Caledonia home, DON’T WAIT,

buyers are waiting in the wings right now to

buy their Caledonia dream home.

Caledonia has a strong appeal for home buyers

in the Greater Grand Rapids market. If you are considering a move

to Caledonia, it is not too early to start the process.

Give Terry a call if you would like to know what your Caledonia home

might be worth on the market today at: 616-292-7263.

SEARCH CALEDONIA MI HOMES

More Caledonia Michigan Articles:

Caledonia Michigan Real Estate

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes, please contact me directly through my web site.

Caledonia MI Flickr Photo-Stream

_____________________________________________________________________________

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTO STREAM

Rockford Michigan Real Estate Market Report Jan-March 2014

Posted on March 27, 2014 by Terry & Bonnie

Rockford Michigan Real Estate Market Report Jan-March 2014

by Terry and Bonnie Westbrook

Rockford is a northern suburban city near 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,

diverse businesses, and suburban resources.

Jan – March 2014 Rockford Real Estate Stats

Active Listings – 161 From $ 39,900 to $ 895,000

Pending Home Sales: 81

Sold Rockford Homes: 100 From $ 65,500 to $ 650,000

Average sold price $ 217,036

Housing sales in Courtland Township, Algoma Township and

City of Rockford are included in this report.

Rockford’s inventory continues to lag behind

last year, though Spring may bring out more home sellers.

The home market is brisk in Rockford, with home sales

over taking the number of new home listings on the market.

If you have any questions about Rockford homes,

or would like to have a market price range for your home,

please contact me directly:

1-616-292-7263 or email: terry@terrywestbrook.com

SEARCH FOR ROCKFORD MICHIGAN HOMES

Lowell MI Real Estate Market Report April – July 2013

Posted on September 23, 2013 by Terry & Bonnie

Lowell MI Real Estate Market Report April – July 2013

by Terry and Bonnie Westbrook

Lowell Michigan is located on the Flat River just east of Grand Rapids, MI.

It has really grown in the last 20 years, in many ways. Lowell has a great

school system, a thriving business community, a lively arts society, and

is one of the growing Grand Rapids suburban communities in Kent County.

Lowell MI April 1 thru July 31 Real Estate STATS:

Active Listings: 133 From $ 44,900 to $ 1,595,000

PENDING Sales: 13

SOLD Homes: 94

Average Sold Price: $193,478 From $ 34,500 to $ 775,000

Lowell homes are selling, in fact average sold price has risen 5%

since March 2013. More homes have sold, and there is still good

inventory available.

If you are considering putting your Lowell home on the market,

give Terry a call to discuss the best ways to maximize

your sale price in today’s market.

SEARCH LOWELL MICHIGAN HOMES

Additional Lowell Articles:

Lowell Michigan Real Estate Market Reports

Video Tour of Lowell Michigan

Lowell Michigan Events

If you would like additional information about Lowell Area Homes,

please contact me through phone, email or my web site.

_____________________________________________________________________________

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Kentwood Michigan Real Estate Market Report April-July 2013

Posted on September 17, 2013 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report April-July 2013

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, population under 50,000. It has manufacturing, shopping centers,

and lots and lots of residential housing. Kentwood Public Schools are

one of the largest school systems in the Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

2013 Real Estate Market Activity April – July

Kentwood Current Listings = 120 $60,000 to $444,900

Pending Sales – 37

Sold Homes = 329

Average Sold Price = $ 134,121

Sold Prices range from $ 23,200 to $ 480,000

Kentwood homes for sale are getting scarcer with brisk sales

and dropping inventory. Spring and summer sales have driven the

average sold price up about 11% from the first of the year.

Good news for Kentwood home owners.

If you are thinking of buying a Kentwood home, interest rates are still

low, so don’t wait – the best time to buy a home is when you are ready.