East Grand Rapids MI Absorption Report ~ January 2009

By
Real Estate Agent with Westbrook Realty Broker-Owner

Current Real Estate Market Report For East Grand Rapids Michigan

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 11.29 months, which means if no new listings come on the

East Grand Rapids market, it will take 11.29 months for the existing

home inventory to sell.

 

There are 140 active listings on the East Grand Rapids market now,

ranging from $50,900 to $4,000,000.

 

12 Pending Home Sales w/ prices ranging from $ 48,000 to $ 369,000.

 

87 Sold Homes with sold prices ranging from $ 52,000 to $ 680,000

since July 1, 2008 in the East Grand Rapids housing inventory.

The lower end of this market (under $300K) has seen 2/3 of the sales

in the last seven months.

 

East Grand Rapids December 2008 Absorption Report

 

If you have any questions about the value of your East GR home,

please contact me directly. 

 

Grand Rapids Ada MI Real Estate ~Westbrook Realty

copyright 2008 All rights reserved

Photo of East Grand Rapids Public Library by Bonnie Westbrook

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

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                          Contact Terry   616-292-7263

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Topic:
Real Estate General Information
Location:
Michigan Kent County East Grand Rapids
Groups:
City & State: Listings and Market Reports
Kent County MI Real Estate
Market Reports
Posts to Localism
West Michigan Real Estate
Tags:
east grand rapids mi real estate market report
grand rapids mi real estate market reports
grand rapids home values
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