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Rockford Home Sale Statistics ~ What you need to know to sell your home!

By
Real Estate Agent with 616 Realty LLC

This information is from The Grand Rapids Association of Realtors. 

 

When buying or selling a home it is mandatory to have accurate information pertaining to the market. This information is available to licensed agents that are members of the Grand Rapids Association of Realtors. It is recommend to have a professional agent review any information to check its accuracy.

 

All rights reserved by Charlene Hammontree@ U.S. Home & Realty

Sales and Inventory Report
Category - ALL
Statistics for Entire MLS from 9/1/2007 - 8/31/2008
Category:0
Counties:41
Month Year Monthly
Sales
Avg List $ Avg Sale $ Avg $/Sqft Median Sold $ Avg DOM % Sold/List Current
Inventory
Months
Inventory
September 2007 52 $222,523 $215,702 $122 $175,950 104.00 96.93% 965 18.55
October 2007 49 $226,442 $215,138 $125 $188,900 115.75 95.00% 1004 20.48
November 2007 31 $189,531 $181,338 $112 $165,000 132.00 95.67% 952 30.70
December 2007 21 $185,275 $177,922 $101 $175,000 160.76 96.03% 897 42.71
January 2008 27 $218,665 $198,026 $103 $185,000 124.66 90.56% 816 30.22
February 2008 29 $191,560 $179,373 $107 $150,000 139.17 93.63% 817 28.17
March 2008 43 $202,605 $195,224 $124 $160,000 119.30 96.35% 818 19.02
April 2008 32 $194,537 $181,066 $121 $169,500 137.75 93.07% 834 26.06
May 2008 43 $188,245 $180,757 $113 $172,000 117.58 96.02% 872 20.27
June 2008 50 $195,926 $187,607 $110 $172,600 136.52 95.75% 889 17.78
July 2008 43 $202,929 $196,454 $128 $169,900 105.60 96.80% 916 21.30
August 2008 43 $208,312 $198,547 $113 $175,000 101.90 95.31% 907 21.09
Annual:   463 $203,896 $194,366 $116 $175,000 121 95.32% 890 0.00
 
Annual: 2007 - 2008 463 $203,896 $194,366 $116 $175,000 121 95.32% 890 6.23

Note: The "Current Inventory" column(s) reflect the number of active(on market) listings on the 16th day of each month.
The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".
This reflects how many months it would take to sell out of inventory at the current month's rate of sale.

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