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Grand Rapids, MI Marketplace ~ Year in Review

By
Real Estate Agent with Prudential Preferred Realtors

How did the West Michigan area compare to last year's market stats.  Check it out.  Contrary to media belief, last year (2007) was very comparable to 2006.  I look forward to an upward turn in 2008!!!

Single Family and Condo Report

Price                                            #Sold through

                                                            December  

$0 to $  99,999                                         2912

$100,000 to $199,999                               4946

$200,000 to $299,999                               1158

$300,000 to $399,999                                 356

$400,000 to $499,999                                 134

$500,000 and over                                      142

 

New Listings Jan - Dec.

2007                   2006

34,263               34,500

 

Total Sales

2007                   2006

10,355                10,643

 

Average Home Price

2007                   2006

$149,436            $160,793

 

All in all, things averaged out and were very comparable to 2006.  For more information on the latest market trends, please visit http://www.seegrhomes.com/

** All information is gathered from the Grand Rapids Association of Realtors MLS board.

 

 
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic
Good information. Thank you again for your help. You took your time to help me. I will never forget that.
Mar 24, 2008 09:22 AM