East Grand Rapids Michigan Real Estate Market Report Jan -Mar 2012

East Grand Rapids Michigan Real Estate Market Report  Jan -Mar 2012

East Grand Rapids is a city with homes priced from the

low $100,000’s to over $2,000,000 with the majority of homes

selling from $120K to $400K.  East Grand Rapids is a very popular

place to live in the Grand Rapids area.

Winter Aconite Blooms

 

2012 First Quarter Real Estate Market Activity

 

East Grand Rapids Current Listings = 83

Average Sale price – $270,878

Average Time on Market = 2 months

Average Sold Price/Sq Ft = $ 123.13

Absorption Rate = 3.9 months

Home inventory is down to a new level in East GR and

homes are taking a few months to sell.  Please note that

average time on the market reflects only the latest “improved”

price by the seller, not the whole time the home was listed.

 

If you have been considering selling your East Grand Rapids

 home, now is the perfect time, give Terry a call.

 

SEARCH EAST GRAND RAPIDS HOMES

 

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

____________________________________________________________________________________________

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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