East Grand Rapids is a small city, population of 10,784 located just east of Grand Rapids

 city limits. It has been a desired place to live in the Grand Rapids area for many years.

It is primarily residential with some commercial business areas.  Many homeowners are

attracted by Reeds Lake which plays a prominent role in the community, its award winning

public school system, proximity to downtown Grand Rapids, and its overall small town feeling.

This is definitely a community that you can walk to school, the ice cream store, or just

around the tree lined blocks to visit the picturesque lakes, Reeds Lake & Fisk Lake.

 Homes range in all prices here in East Grand Rapids.  There are small 3 bedroom

 bungalows and ranches that were built just before and after WWII, there are

mega-mansions built on the shores of Reeds Lake for wealthy citizens, and all ranges

 in between.

RESIDENTIAL REAL ESTATE MARKET ~ EAST GRAND RAPIDS MI ~ AUGUST 2008.

Homes Listed at $850,000 +

5 For Sale

Average price $ 2,092,980

High $4,000,000   Low  $1,175,000

Average Days on Market  78

1 Home Sold - $ 1,275,000  

 50  Days on the Market

3 Home Listings  Expired

Average Price:   $ 1,233,333

Average Days on Market: 156

Homes Listed $450,000 to $ 850,000

18 Homes Available

Average price  $ 583,083

Average Days on Market  83

1 Home Pending Sale

Price: $599,000  59 Days on Market

5 Homes Sold, 9 Expired

Average Sold Price: $ 531,000

Average Days on Market:  33

Average Expired Price: $606,366

Average Days on Market: 114

Homes Listed $ 300,000 - $ 450,000

37  Homes Available

Average Price: $ 374,118

Average Days on Market: 67

1 Pending, 10 Sold, 12 Expired, 1 Withdrawn

Average Sold Price: $355,440

Average Days on Market: 76

Average Expired Price: $395,941

Average Days on Market: 100

Homes Listed $ 200,000 - $300,000

30 Homes Available

Average Price: $ 257,899

Average Days on Market:  94

30 Sold Homes, 10 Expired, 3 Withdrawn

Average price: $154,303 

Average Days on Market: 54

Homes Listed $0- $200,000    

36 Available

Average Price: # 166,163

Average Days on Market: 68

9 Pending Sales

Average Price $ 150,100

Average Days on Market: 71

 32 Sold Homes

Average Price: $170,306

Average Days on Market: 41

If you would like to know the value of your East Grand Rapids Home

in this market, please contact me directly.

Grand Rapids -Ada MI Real Estate ~ Copyright 2008 - Westbrook Realty