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!

ar125812212017642 East Grand Rapids Michigan Real Estate Market Report Jan Dec 2011 ar125812218972939 East Grand Rapids Michigan Real Estate Market Report Jan Dec 2011 ar125812225271331 East Grand Rapids Michigan Real Estate Market Report Jan Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Top Best Buy Homes Sept 2011

East Grand Rapids Michigan Top Best Buy Homes Sept 2011

Our list of the Top Best Buy East Grand Rapids Houses

to buy is based on price/square foot.  If two similar homes are

listed at similar prices, their price per square foot should be similar

and it should reflect the interior finish of the home.  East GR has

homes listed at almost $500/Sq Ft and under $100/Sq Ft, so the

range in this community is wide.

If a home has new kitchen, wood flooring, and new bath updates,

this would be more valuable per square foot than a home that still has

the 1980’s cabinets, dated bathrooms and worn carpeting.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

BirdsinFlightsculpturedowntownEGR thumb East Grand Rapids Michigan Top Best Buy Homes August 2011

September 2011 –  TOP BEST BUY East Grand Rapids Homes

2246 Estelle                 $79,900    1070 Sq Ft   $74.67/SqFt

1600 Wealthy St SE   $114,900    1248 Sq Ft   $92.07/SqFt

2543 Richards Dr       $119,900     1400 Sq Ft    $85.64/SqFt

2253 Estelle Dr          $123,900     1068 Sq Ft    $116.01/SqFt

2221 Burchard St      $129,900     1104 Sq Ft    $117.66/SqFt

2145 Hall St                 $132,500     1198 Sq Ft   $110.60/SqFt

1112 Eastwood           $134,000    1275 Sq Ft   $105.10/SqFt

1438 Eastlawn            $139,900     1290 Sq Ft   $108.45/SqFt

2151 Tenway             $141,900    1396 Sq Ft    $101.65/SqFt

1647 Franklin St       $149,900     1400 Sq Ft   $107.07/SqFt

 

3009 Lake Dr               $154,900    1600 Sq Ft    $110.96/SqFt

619 Gladstone Dr       $159,000     1348 Sq Ft    $117.95/SqFt

2243 Heather St         $159,900    1416 Sq FT   $99.94/SqFt

2050 Tenway             $159,900     1520 Sq Ft    $112.92/SqFt

2405 Oakwood Dr     $165,000      1786 Sq Ft   $92.39/SqFt

1245 Woodshire        $175,750      2248 Sq Ft    $78.18/SqFt

2135 Lake Dr SE        $ 182,500      1882 Sq Ft    $96.97/SqFt

2540 Albert Dr           $189,900       1598 Sq Ft    $118.84/SqFt

560 Laurel Ave SE     $209,900       2321 Sq Ft    $90.44/SqFt

1753 Breton Ave         $210,000      2740 Sq Ft    $76.64/SqFt

938 Maxwell Ave         $212,000     1844 Sq Ft    $114.97/SqFt

1059 Eastwood Ave    $249,500     2124 Sq Ft     $117.47/SqFt

2254 Brighton Dr         $259,900    2250 Sq Ft    $115.51/SqFt

1447 Woodcliff Ave    $274,900     2861 Sq Ft    $96.09/SqFt

3131 Lake Dr                $300,000    3300 Sq Ft     $90.91/SqFt

955 Gladstone Dr SE   $399,000    3414 Sq Ft     $116.87/SqFt

2649 Boston St SE      $425,000    3666 Sq Ft    $115.93/SqFt

12 Pending, 14 Sold in the last month in EGR

Average Sale List Price  $ 232,071

 

Home sales have started to slow with increased inventory and

fewer buyers this last month.  Distressed properties are still coming

on the market but much scarcer than other areas around GR.  The

150K – 300K is still a strong market in East Grand Rapids housing.

 

SEARCH EAST GRAND RAPIDS HOMES

Bank Owned & Short Sale EGR Homes Search

Related Posts:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

If you would like to view an East Grand Rapids Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Top Best Buy Homes August 2011 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes August 2011 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes August 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes June 2011

East Grand Rapids Michigan Top Best Buy Homes June 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.  East GR has homes listed at almost

$500/ Sq Ft and under $100/Sq Ft, so the range here is wide.

 

For example, if it has crystal chandeliers, wood flooring, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.  If you would like

to sign up for daily new listing email, just contact Terry.  You can also

sign up for saved searches on our website.  This saves your profile

search and lets you monitor and control your search details.

Reeds Lake Yacht Club Docks

June 2011 –  TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $66.62 to $119.96

Highest List Price -  $ 359,000

Lowest List Price -  $ 119,900

The Top East GR Homes to Buy by Price per Square Foot:

1600 Wealthy St SE   $119,900     1248 Sq Ft   $96.07/SqFt

2450 Gilmour St          $133,500     1500 Sq Ft   $89.00/SqFt

1112 Eastwood           $139,000     1275 Sq Ft   $109.02/SqFt

2151 Tenway             $145,000    1396 Sq Ft    $103.87/SqFt

1058 Orchard Ave      $149,900    1335 Sq Ft    $112.28/SqFt

2543 Richards Dr       $149,900     1400 Sq Ft    $107.07/SqFt

2073 Hall St SE           $154,900    1680 Sq Ft    $92.20/SqFt

2144 Hall St SE          $164,900     1742 Sq Ft    $94.66/SqFt

2405 Oakwood Dr      $165,000      1786 Sq Ft   $92.39/SqFt

1045 Lakeside Dr       $174,900     1520 Sq Ft    $116.07/SqFt

1032 San Juan Dr      $179,900     1696 Sq Ft   $106.07/SqFt

441 Rosewood            $179,900     1680 Sq Ft   $107.08/SqFt

1138 Lakeside Dr       $179,900      1736 Sq Ft    $103.63/SqFt

629 Gladstone Dr       $199,500      2146 Sq Ft    $92.96/SqFt

1640 Sherman St        $209,900      2037 Sq Ft    $103.04/SqFt

1555 Edgewood Ave     $227,000     2123 Sq Ft    $106.47/SqFt

715 Cambridge Blvd    $228,000    2177 Sq Ft    $104.73/SqFt

541-3 Greenwood       $244,900    3676 Sq Ft    $66.62/SqFt

2254 Brighton Dr         $269,900    2250 Sq Ft    $119.96/SqFt

1447 Woodcliff Ave    $274,900     2861 Sq Ft    $96.09/SqFt

2332 Boston St SE        $281,900    2358 Sq Ft    $119.55/SqFt

2733 Maplewood Dr     $295,000    2746 Sq Ft    $107.43/SqFt

1750 Robinson Rd         $299,900    2772 Sq Ft    $108.19/SqFt

3131 Lake Dr                $319,900    3300 Sq Ft     $96.94/SqFt

612 Laurel Ave SE        $359,900    3250 Sq Ft    $110.74/SqFt

22 Sold, 19 Pending in the last month in EGR

Average Sale Price  $ 287,523

Average Price/SqFt  $129.72

Home sales have increased this month, home inventory

is  moving in East GR.  Distressed properties are still popping up

but much scarcer than other areas around GR.  Price per square

foot is moving up slowly but can be affected by higher priced homes.

 

SEARCH EAST GRAND RAPIDS HOMES

Bank Owned & Short Sale EGR Homes Search

Related Posts:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

If you would like to view an East Grand Rapids Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Top Best Buy Homes May 2011 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes May 2011 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes May 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes May 2011

East Grand Rapids Michigan Top Best Buy Homes May 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.  East GR has homes listed at almost

$500/ Sq Ft and under $100/Sq Ft, so the range here is wide.

 

For example, if it has crystal chandeliers, wood flooring, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

 

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.  If you would like

to sign up for daily new listing email, just contact Terry.  You can also

sign up for saved searches on our website.  This saves your profile

search and lets you monitor and control your search details.

 

bleeding heart blooming

May 2011 –  TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $73.42 to $119.78

Highest List Price -  $ 359,000

Lowest List Price -  $ 122,500

The Top East GR Homes to Buy by Price per Square Foot:

1600 Wealthy St SE   $122,500     1248 Sq Ft   $98.16/SqFt

2151 Tenway             $145,000    1396 Sq Ft    $103.87/SqFt

1647 Franklin St        $149,900     1400 Sq Ft   $107.07/SqFt

712 Lovett Ave          $153,900     1543 Sq Ft   $99.74/SqFt

1058 Orchard Ave      $159,900    1335 Sq Ft    $119.78/SqFt

2144 Hall St SE          $164,000     1742 Sq Ft    $94.66/SqFt

2405 Oakwood Dr      $165,000      1786 Sq Ft   $92.39/SqFt

1032 San Juan Dr      $179,900     1696 Sq Ft   $106.07/SqFt

441 Rosewood            $179,900     1680 Sq Ft   $107.08/SqFt

2437 Hall St                 $185,000     1720 Sq Ft    $107.56/SqFt

1138 Lakeside Dr       $187,900      1736 Sq Ft    $108.24/SqFt

2437 Hall St                 $189,900     1720 Sq Ft    $110.41/SqFt

1440 Sherwood          $214,000      2044 Sq Ft    $104.70/SqFt

1436 Rosalind             $229,900     2123 Sq Ft    $108.20/SqFt

1626 Sherman           $240,000      3056 Sq Ft    $78.53/SqFt

715 Cambridge Blvd   $240,000    2177 Sq Ft    $110.24/SqFt

541-3 Greenwood       $269,900    3676 Sq Ft    $73.42/SqFt

1447 Woodcliff Ave    $289,900     2861 Sq Ft    $101.33/SqFt

2733 Maplewood Dr     $295,000    2746 Sq Ft    $107.43/SqFt

2424 Lake Dr                $359,000    3218 Sq Ft     $111.56/SqFt

14 Sold, 22 Pending in the last month in EGR

Average Sale Price  $ 169,525

Average Price/SqFt  $111.02

Home sales have increased this month, home inventory

is  moving in East GR.  Distressed properties are still popping up

but much scarcer than other areas around GR.  Price per square

foot is moving up slowly but surely.

 

SEARCH EAST GRAND RAPIDS HOMES

Bank Owned & Short Sale EGR Homes Search

Related Posts:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

If you would like to view an East Grand Rapids Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Top Best Buy Homes April 2011 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes April 2011 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes April 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes April 2011

East Grand Rapids Michigan Top Best Buy Homes April 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.

For example, if it has crystal chandeliers, wood flooring, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

Easter_tree_lady

April 2011 –  TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $73.42 to $114.84

Highest List Price -  $ 359,000

Lowest List Price -  $ 122,500

 

The Top East GR Homes to Buy by Price per Square Foot:

1600 Wealthy St SE   $122,500     1248 Sq Ft   $98.16/SqFt

604 Greenwood          $129,873    1238 Sq Ft   $104.91/SqFt

2151 Tenway             $145,000    1396 Sq Ft    $103.87/Sq Ft

1608 Wealthy St SE   $148,900    1608 Sq Ft   $92.60/SqFt

2144 Hall St SE          $164,900     1742 Sq Ft   $94.66/SqFt

1350 Pinecrest Ave  $165,000     1632 Sq Ft    $110.10/SqFt

1032 San Juan Dr      $179,900     1696 Sq Ft   $106.07/SqFt

2405 Oakwood Dr      $185,000      1786 Sq Ft    $103.58/SqFt

1138 Lakeside Dr       $187,900      1736 Sq Ft    $108.24/SqFt

2437 Hall St                 $189,900     1720 Sq Ft    $110.41/SqFt

1108 Kenesaw           $215,000      1919 Sq Ft    $112.04/SqFt

1245 Woodshire Ave  $234,800    2248 Sq Ft    $104.45/SqFt

1626 Sherman           $240,000      3056 Sq Ft    $78.53/SqFt

715 Cambridge Blvd   $250,000    2177 Sq Ft    $114.84/SqFt

915 Plymouth Rd SE   $269,000     2398 Sq Ft   $112.18/SqFt

541-3 Greenwood       $269,900    3676 Sq Ft    $73.42/SqFt

1447 Woodcliff Ave   $289,900     2861 Sq Ft    $101.33/SqFt

2733 Maplewood Dr     $295,000    2746 Sq Ft    $107.43/SqFt

2424 Lake Dr                $359,000    3218 Sq Ft     $111.56/SqFt

 

12 Sold, 15 Pending in the last month in EGR

Average Sale Price  $ 330,375

Average Price/SqFt  $135.49

Seeing home inventory moving in East GR this past month,

typical of a spring market.  Distressed properties are almost

gone from the market, higher priced homes are selling, with

40% of sold homes in the over $300,000+ category.

 

 

SEARCH EAST GRAND RAPIDS HOMES

 

Additional Articles:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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!

ar125812212017642 East Grand Rapids Michigan Top Best Buy Homes March 2011 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes March 2011 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes March 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes Feb 2011

East Grand Rapids Michigan Top Best Buy Homes Feb 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.

For example, if it has crystal chandeliers, wood flooring, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

 bare tree in winter

February 2011 –  TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $87.14 to $112.98

Highest List Price -  $ 539,000

Lowest List Price -  $ 129,000

The Top East GR Homes to Buy by Price per Square Foot:

1409 Woodlawn SE    $ 129,000    1283 Sq Ft   $100.55/Sq Ft

604 Greenwood          $ 134,900    1238 Sq Ft   $108.97/SqFt

501 Lakeside Dr          $135,000    1560 Sq Ft    $86.54/Sq Ft

1049 Floral Ave SE     $149,900    1377 Sq Ft   $108.86/SqFt

1608 Wealthy St SE    $150,000    1608 Sq Ft   $93.28/SqFt

2868 Lake Dr             $154,900     1487 Sq Ft   $104.17/SqFt

2540 Lake Dr SE        $159,900    1754 Sq Ft    $91.16/Sq Ft

1134 Lakeside Dr       $159,900    1470 Sq Ft   $108.78/SqFt

1707 Hall St SE         $163,000     1753 Sq Ft   $92.98/SqFt

1917 Hall St SE         $169,900     1700 Sq Ft   $99.94/SqFt

 

947 Breton Rd SE      $177,000     1583 Sq Ft   $111.81/SqFt

1032 San Juan Dr      $179,900     1696 Sq Ft   $106.07/SqFt

1350 Pinecrest Ave  $179,900     1632 Sq Ft    $110.23/Sq Ft

1138 Lakeside Dr      $188,900     1736 Sq Ft    $108.81/SqFt

2405 Oakwood Dr      $199,900      1786 Sq Ft    $111.93/SqFt

1245 Woodshire Ave  $234,800    2248 Sq Ft    $104.45/SqFt

715 Cambridge Blvd   $250,000    2177 Sq Ft    $114.84/SqFt

541-3 Greenwood       $279,900    3676 Sq Ft    $76.14/SqFt

2663 Boston St SE      $289,900     2566 Sq Ft    $112.98/SqFt

1343 Woodshire Ave   $290,000    2604 Sq Ft    $111.37/SqFt

550 Greenwood Ave   $294,700    2883 Sq Ft     $102.22/SqFt

2424 Lake Dr                $359,000    3218 Sq Ft     $111.56/SqFt

2853 Woodcliff Cir       $539,000    4958 Sq Ft    $108.71/SqFt

Of the Top Best Buy homes available this month in East Grand Rapids,

many are  homes that have been on the market for awhile with more

inventory arriving in advance of the spring market. Overall, prices are

rising slightly at the bottom end, others are staying steady.

 

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

 

SEARCH EAST GRAND RAPIDS HOMES

 

Additional Articles:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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 Top Best Buy Homes Jan 2011 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes Jan 2011 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes Jan 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes Jan 2011

East Grand Rapids Michigan Top Best Buy Homes Jan 2011

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.

For example, if it has crystal chandeliers, marble tile, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

Collins Park Sign EGR

January 2011 – 22 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $76.29 to $113.39

Highest List Price -  $ 539,000

Lowest List Price -  $ 75,000

 

The Top East GR Homes to Buy by Price per Square Foot:

2306 Burchard St SE    $ 75,000      1048 Sq Ft   $71.56/Sq Ft

293 Rosewood Ave      $ 95,000     1242 Sq Ft   $76.49/SqFt

2714 Cascade Rd         $ 98,000       1300 Sq Ft   $75.38/SqFt

2216 Estelle Dr             $131,000     1400 Sq Ft   $93.57/SqFt

501 Lakeside Dr           $139,900     1560 Sq Ft    $89.68/Sq Ft

1049 Floral Ave SE       $149,900    1377 Sq Ft   $108.86/SqFt

1608 Wealthy St SE    $156,000    1608 Sq Ft   $97.01/SqFt

670 Lovett Ave SE      $159,000     1451 Sq Ft   $109.58/SqFt

1134 Lakeside Dr       $159,900    1470 Sq Ft   $108.78/SqFt

2540 Lake Dr SE         $159,900    1754 Sq Ft    $91.16/Sq Ft

2868 Lake Dr             $159,900     1487 Sq Ft   $107.53/SqFt

1917 Hall St SE         $169,900     1700 Sq Ft   $99.94/SqFt

1707 Hall St SE         $169,900     1753 Sq Ft   $96.92/SqFt

947 Breton Rd SE     $177,000     1583 Sq Ft   $111.81/SqFt

1350 Pinecrest Ave  $179,900     1632 Sq Ft    $110.23/Sq Ft

1138 Lakeside Dr        $189,900     1736 Sq Ft    $109.39/SqFt

1032 San Juan Dr SE   $189,900     1696 Sq Ft   $111.97/SqFt

1640 Sherman St SE   $190,000     2037 Sq Ft    $93.27/SqFt

2405 Oakwood Dr        $199,900      1786 Sq Ft    $111.93/SqFt

1646 Robinson Rd       $229,900     3171 Sq Ft     $72.50/SqFt

1245 Woodshire Ave  $239,000    2248 Sq Ft    $106.32/SqFt

2853 Woodcliff Cir       $539,000    4958 Sq Ft    $108.71/SqFt

***Underlined homes have had recent price reductions.

 

East Grand Rapids homes that are priced right are selling.

If you have been waiting for the right time to buy, don’t wait

any longer.  Rates are still low, though on the rise.  We are seeing

definite signs  of competition or the Top Best Buy homes in East

Grand Rapids and  Forest Hills.

 

The Top Best Buy homes available this month in East Grand Rapids

are  homes that have been on the market for awhile.  Only a few homes

are really new to the market.  Relisting with another agent at the same

price doesn’t really change things, buyers are watching the market and

aren’t fooled by this tactic.  Overall, prices are staying steady.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

Additional Articles:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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 Top Best Buy Homes Nov 2010 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes Nov 2010 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

East Grand Rapids Michigan Top Best Buy Homes Nov 2010

This is our list of the Top Best Buy East Grand Rapids Houses

to buy based on price/square foot.  Price per square foot is a

great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar and it should reflect

the interior finish of the home.

For example, if it has crystal chandeliers, marble tile, a new

kitchen, this would be more value per square foot than a home

that still has the 1980’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices

are adjusted and other homes come on the market.

Meijer Gardens Christams Tree

November 2010 – 19 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $76.29 to $113.39

Highest List Price -  $ 539,000

Lowest List Price -  $ 79,950

The Top East GR Homes to Buy by Price per Square Foot:

2306 Burchard St SE    $79,950      1048 Sq Ft   $76.29/Sq Ft

2234 Argentina Dr        $109,900    1308 Sq Ft   $84.02/Sq Ft

293 Rosewood Ave      $114,900    1242 Sq Ft   $92.51/SqFt

1049 Floral Ave SE       $149,900    1377 Sq Ft   $108.86/SqFt

501 Lakeside Dr           $149,900     1560 Sq Ft    $96.09/Sq Ft

1608 Wealthy St SE    $156,000    1608 Sq Ft   $97.01/SqFt

670 Lovett Ave SE      $159,000     1451 Sq Ft   $109.58/SqFt

1134 Lakeside Dr       $159,900    1470 Sq Ft   $108.78/SqFt

2540 Lake Dr SE         $159,900    1754 Sq Ft    $91.16/Sq Ft

2868 Lake Dr             $164,900     1487 Sq Ft   $110.89/SqFt

1917 Hall St SE         $174,900     1700 Sq Ft   $102.88/SqFt

947 Breton Rd SE       $177,000     1583 Sq Ft   $111.81/SqFt

1350 Pinecrest Ave     $179,900     1632 Sq Ft    $110.23/Sq Ft

1138 Lakeside Dr        $189,900     1736 Sq Ft    $109.39/SqFt

1032 San Juan Dr SE  $189,900     1696 Sq Ft   $111.97/SqFt

1640 Sherman St SE  $190,000     2037 Sq Ft    $93.27/SqFt

2405 Oakwood Dr     $199,900      1786 Sq Ft    $111.93/SqFt

1245 Woodshire Ave  $254,900    2248 Sq Ft    $113.39/SqFt

2853 Woodcliff Cir       $539,000    4958 Sq Ft    $108.71/SqFt

***Underlined homes have had recent price reductions.

*** Homes in Red are new listings (less than 30 days)

East Grand Rapids homes are selling. If you have been waiting

for the  right time to buy, don’t wait any longer.  Rates are still low,

though on the rise.  We are seeing definite signs  of competition

for the Top Best Buy homes in East Grand Rapids and  Forest Hills.

Homes in good condition and priced appropriately are selling.

The Top Best Buy homes available this month in East Grand Rapids

are headed toward the center, lowest prices are higher and highest

prices are staying steady.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present

condition.  Sold-As-Is*

Additional Articles:

Which Mortgage Do I Choose?

East GR  Real Estate Market Articles

Home Buyer Questions & Answers

East Grand Rapids – America’s Hometown

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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 Top Best Buy Homes October 2010 ar125812218972939 East Grand Rapids Michigan Top Best Buy Homes October 2010 ar125812225271331 East Grand Rapids Michigan Top Best Buy Homes October 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Real Estate Market Report April – June 2010

East Grand Rapids Michigan Real Estate Market Report April – June 2010

Large home on Reeds Lake

Second Quarter East Grand Rapids Real Estate Market Report

5 Month Absorption rate for East Grand Rapids MI housing market

which means if no new listings come on the East Grand Rapids market, it will

take 5 months for the existing home inventory to sell.  The Absorption rate is

in normal range for East Grand Rapids homes.

There are 119 active listings on the East Grand Rapids market,

a smaller inventory  than 3 months ago  ranging from

$67,000 to $3,500,000.

17 Pending Home Sales

53 Sold Homes with sold prices ranging from $ 72,800 to $ 1,050,000

Solds by Market Time

22 homes sold in the 0-30 days – 41.51%

9 homes sold in 31-60 days  – 16.98 %

9 homes sold in 61-90 days – 16.98%

6 homes sold in 91-120 days – 11.32 %

7 homes sold in 120+ days – 13.21%


The lower end of this market (under $300K) is the busy end

of the sales in the East Grand Rapids market.   Homes in the higher price

bracket are selling, but at a much slower rate and not at 2006 prices.

The good news for sellers is that over 50% of the homes that are priced

correctly are seeing 92-93% of list price and selling in less than 60 days.

Other Blog articles about East Grand Rapids:

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

Free Friday Night Movies in the Park

_____________________________________________________________________________________________________

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 Grand Rapids Michigan – City of Bridges ar125812218972939 Grand Rapids Michigan – City of Bridges ar125812225271331 Grand Rapids Michigan – City of Bridges

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

East Grand Rapids Michigan Top Best Buy Homes – June 2010

East Grand Rapids Michigan Top Best Buy Homes – June 2010

We have a list of the top East Grand Rapids Houses to buy

based on price per square foot for June 2010.  Price per square foot

is a great leveler and a good way to compare properties.

If two similar homes are listed at similar prices, their price per square

foot should be similar.  It should reflect the interior finish of the home.

For example, if it has crystal chandeliers, marble tile, a new kitchen,

this would be more per square foot than a home that still has the

1970’s decor and/or is in derelict condition.

Please note that this list can change daily as some homes sell, prices are

adjusted and other homes come on the market.

Gaslight Village Sign East GR MI

The total square footage is noted here, although only the main floors

are used to figure price per square foot.

June 2010 – 25 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $69.15 to $109.93

Highest List Price –  $ 405,000

Lowest List Price –  $ 89,900

The Top East GR Homes to Buy by Price per Square Foot:

2714 Cascade Rd SE   $ 89,900    1900 SqFt     $69.15/SqFt

252 Hodenpyl Rd       $129,900    1489 Sq Ft    $87.24/SqFt

2530 Cascade Rd SE   $139,000    2200 SqFt    $86.88/SqFt

630 Rosewood Ave     $149,500   1862 Sq Ft   $80.29/SqFt

1647 Franklin St          $149,900    1392 Sq Ft   $107.07/SqFt

706 Rosewood Ave    $159,900     1676 Sq Ft   $95.41/SqFt

1707 Hall St SE           $160,000   2229 Sq Ft    $91.27/SqFt

1442 Eastlawn Rd       $160,000    2368 Sq Ft   $88.01/SqFt

324 Gladstone Dr SE   $165,000    1538 Sq Ft   $107.28/SqFt

2205 Heather St SE     $169,900    2584 Sq Ft   $65.75/SqFt

2840 Cascade Rd        $174,900     2272 Sq Ft   $97.60/SqFt

2053 Englewood Dr    $178,000    1954 Sq Ft    $106.84/SqFt

2206 Stratford Ct SE   $189,000    2918 Sq Ft   $86.38/SqFt

9 Morningside Dr       $199,500    2400 Sq Ft    $99.75/SqFt

1401 Pinecrest Ave   $218,000    2350 Sq Ft   $103.02/SqFt

1746 Danby Ln SE     $230,000    3479 Sq Ft    $105.31/SqFt

564 Laurel Ave SE     $237,500    2212 Sq Ft   $107.37/SqFt

1536 Eastlawn Rd     $239,900    2500 Sq Ft    $103.76/SqFt

245 Briarwood Ave   $255,000    2383 Sq Ft    $107.01/SqFt

1773 Oxford Dr SE     $260,000     3000 Sq Ft   $108.24/SqFt

3030 Fulton St E        $263,000    3460 Sq Ft   $106.05/SqFt

77 Lakeview Dr SE     $269,000    2501 SqFt    $107.56/SqFt

1524 Lake Grove        $269,900    3908 SqFt    $107.06/SqFt

1740 Vesta Ln SE       $279,000    3216 SqFt    $108.94/SqFt

2702 Robinson Rd      $405,000    4000 Sq Ft   $109.93/SqFt

East Grand Rapids homes are selling. If you have been waiting for the

right time to buy, don’t wait much longer.  We are seeing definite signs

of competition for homes in East Grand Rapids and  Forest Hills school

districts.

Homes in good condition and priced appropriately are selling. There

are more homes available this month in East Grand Rapids but demand

has driven home prices higher.

*Some of these homes may be bank owned foreclosures and not habitable

as is or available for a mortgage in present condition.*

East GR  Real Estate Market Blogs

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

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 Grand Rapids Michigan – City of Bridges ar125812218972939 Grand Rapids Michigan – City of Bridges ar125812225271331 Grand Rapids Michigan – City of Bridges

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM