Wyoming Michigan is a large suburban community of Grand Rapids, MI.
Wyoming MI homes are moderately priced, which makes it an active market in
this economy. Wyoming Michigan has had 267 homes sold since May 31, 2008
through August 31, 2008 recorded on the Grand Rapids Real Estate Board
Multiple Listing Service priced from $30,000 to $ 265,000.
Ranch homes have been the major category with 186 sold, two stories are
about two thirds less with a total of 63 sold, and multi-levels have had
18 homes sold.
Wyoming MI ranch homes have sold for an average price of $110,088, at $101.82
per sq/ft, and took an average 112 days on the market to sell. Obviously the lower
price levels have affected this average ( low price $37,900 vs high price of $265,000)
I would assume the lowest price levels are bank owned foreclosures negatively
affecting the market price.
Wyoming MI two story homes have held their value a little better at an average
price of $124,355, price per sq/ft at $ 105.35, and selling in an average of 128
days on the market.
Wyoming MI multilevel homes are averaging $125,450, price per sq/ft at
$88.72, selling in an average of 99 days on the market.
As you can see by the graph pictured below, Wyoming homes listed at a high
price are not selling until the price gets close to the average or below.
| Status |
Total |
Avg Price |
Main floor cost/sq ft.
|
Median |
Low |
High |
Avg DOM |
| Ranch |
186 |
$110,088 |
$101.82 |
$109,900 |
$37,900 |
$265,000 |
112 |
| 2 Story |
63 |
$124,355 |
$105.35 |
$114,000 |
$34,200 |
$265,000 |
128 |
| Multi Level |
18 |
$125,450 |
$88.72 |
$125,450 |
$89,900 |
$149,900 |
99 |
If you have any questions about Wyoming Homes, contact me directly at:
1-888-240-1968 ext 0
Grand Rapids Ada Real Estate ~ Westbrook Realty ~ Copyright 2008 All rights reserved
All information is subject to verification and no liability for error or omission is assumed.
_____________________________________________________________________________________________________
Terry Westbrook is the broker-owner of Westbrook Realty in Grand Rapids Michigan. We offer time tested benefits and marketing results for buyers and sellers. Call 1-616-292-7263 to talk with Terry or email him at: terry@terrywestbrook.com.
For MLS access to the homes for sale in the West Michigan Area,visit: Westbrook Realty ~ Grand Rapids Real Estate for a free search. Your search can be saved and modified as you view homes, with no obligation.
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