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

of Grand Rapids city limits. East GR has been a desired place to live in the

Grand Rapids area for many years.

East GR 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, premier city services, 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 in East Grand Rapids.

                           RESIDENTIAL REAL ESTATE MARKET REPORT

                           EAST GRAND RAPIDS MI  September 2008

Homes Listed at $850,000 +

6 East Grand Rapids homes Available

Average price $ 1,918,333

High $4,000,000   Low  $850,000

Average Days on Market  64

1 Sold East Grand Rapids home $ 1,275,000  

 50  Days on the Market

Homes Listed $450,000 to $ 850,000

20 East Grand Rapids Homes Available

Average price  $ 587,605

Average Days on Market  79

1 Pending East Grand Rapids Home Sale

6 Sold East Grand Rapids Homes

Average Sold Price: $ 530,000

Average Days on Market:  38

Homes Listed $ 300,000 - $ 450,000

40  East Grand Rapids Homes Available

Average Price: $ 383,818

Average Days on Market: 80

5 Pending East Grand Rapids home sales

11 Sold East Grand Rapids Homes

Average Sold Price: $352,227

Average Days on Market: 69

Homes Listed $ 200,000 - $300,000

28 East Grand Rapids Homes Available

Average Price: $ 261,668

Average Days on Market: 110

5 Pending East Grand Rapids home sales

28 Sold East Grand Rapids Homes

Average price: $233,146 

Average Days on Market: 74

Homes Listed $0- $200,000    

39 East Grand Rapids homes Available

Average Price: $ 165,420

Average Days on Market: 95

9 Pending East Grand Rapids home Sales

Average Price $ 168,300

Average Days on Market: 57

 39 East Grand Rapids Sold Homes

Average Price: $155,323

Average Days on Market: 46

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

photo of Reed Lake by Bonnie Westbrook