Lowell Michigan Real Estate Market Report Oct – Dec 2012

Lowell Michigan Real Estate Market Report  Oct – Dec 2012

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.

EnglehartLibrary thumb Lowell Michigan Real Estate Market Report  April – Sept 2012

Lowell MI  Oct 1  thru December 31  Real Estate STATS:

 

Active Listings: 46      From $ 41,900 to $ 1,595,000

Average Sold Price: $162,306   From $ 34,500 to $ 200,000

PENDING Sales: 4 homes

SOLD Homes: 64 Sold Homes

 

Lowell homes for sale has been drastically reduced, from 123 listings in late Sept 2012

to only 46 on Dec. 31, 2012.  The next few months will bring out new buyers and there will be

fewer homes for them to choose from in all areas.  Many sellers are still in an underwater position,

but those who own their home or have sufficient equity to sell are going to see much more activity on

a listed home this spring.  Prices are predicted to rise with the increased demand from buyers.

 

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

 

Search Lowell MI Bank Owned –Short Sale 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.

Copyright 2013     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. We believe Grand Rapids is a Great Place to Live!

ar125812212017642 Lowell Michigan Real Estate Market Report  April – Sept 2012 ar125812218972939 Lowell Michigan Real Estate Market Report  April – Sept 2012 ar125812225271331 Lowell Michigan Real Estate Market Report  April – Sept 2012

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

 

Lowell Michigan Real Estate Market Report April – Sept 2012

Lowell Michigan Real Estate Market Report  April – Sept 2012

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.

EnglehartLibrary thumb Lowell Michigan Real Estate Market Report Jan   Mar 2012

Lowell MI   April thru Sept, 2012 Real Estate STATS:

Active Listings: 123      From $ 37,500 to $ 850,000

Average Sold Price: $148,854   From $ 17,100 to $ 450,000

PENDING Sales: 32 homes

SOLD Homes: 122 Sold Homes

Lowell housing is rising in listing price and sold price for the last

six months.  Time to buy in Lowell is now, while interest rates are low,

and before inventory gets tighter.  All indications are showing inventory

is shrinking and home prices are rising.  If you have been sitting on the

fence about buying or selling, time to take action.

SEARCH LOWELL MICHIGAN HOMES

 

Search Lowell MI Bank Owned –Short Sale 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.

Copyright 2012     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. We believe Grand Rapids is a Great Place to Live!

ar125812212017642 Lowell Michigan Real Estate Market Report Jan   Mar 2012 ar125812218972939 Lowell Michigan Real Estate Market Report Jan   Mar 2012 ar125812225271331 Lowell Michigan Real Estate Market Report Jan   Mar 2012

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Lowell Michigan Real Estate Market Report Jan – Mar 2012

Lowell Michigan Real Estate Market Report  Jan – Mar 2012

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.

Englehart Library

LOWELL MI Jan to March, 2012 Real Estate STATS:

Active Listings: 122

Average Sold Price: $137,737

PENDING Sales: 22 homes

SOLD Homes: 55 Sold Homes

Average Sold Price to List Price:  94.5%

Absorption Rate for Lowell Listings is 4.7 months for the

current housing inventory. If no other homes enter the market, it

will take 4.7 months for the current homes to sell at the current

rate of sales. This figure is in the normal range and has dropped

2 months from last year.

Lowell Homes are selling for about 10% less than 2011.

Although, the average sale price to list price has risen slightly,

we still aren’t seeing a dramatic price increase.  The lower

active listing count will affect this eventually.

 

SEARCH LOWELL MICHIGAN HOMES

Search Lowell MI Bank Owned –Short Sale 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.

Copyright 2012     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. We believe Grand Rapids is a Great Place to Live!

ar125812212017642 Lowell Michigan Real Estate Market Report Sept 2011 ar125812218972939 Lowell Michigan Real Estate Market Report Sept 2011 ar125812225271331 Lowell Michigan Real Estate Market Report Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM