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.
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