East Grand Rapids Michigan Real Estate Market Report April-July 2013

East Grand Rapids Michigan Real Estate Market Report  April-July 2013

 by Bonnie Westbrook

East Grand Rapids is a community of homes priced from the

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

selling from $200K to $400K.  Only 25% of these homes have been

on the market for over 90 days.

 

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

walkability, close to downtown GR and the core retail area a few

of  the main reasons.

 

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East Grand Rapids Real Estate Report  April 1 – July 31 2013

 

Active Listings – 61                 from $144,900 to $ 1,000,000

Pending Sales – 22

Sold Homes – 97                    from $ 136,900 to $ 1,625,000

Average Sold Price – $ 326,757

 

Home prices are rising in East Grand Rapids, just as home inventory

is shrinking.  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, summer of 2013

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 or selling an East Grand Rapids home,

give Terry a call at 616-292-7263.

 

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East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

 

Copyright 2013   All rights reserved.

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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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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry  616-292-7263

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