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We have a list of the Top Best Buy East Grand Rapids Houses
to buy based on price/square foot. Price per square foot is a
great leveler. If two similar homes are listed at similar prices,
their price per square foot should be similar. It should reflect
the interior finish of the home.
For example, if it has crystal chandeliers, marble tile, a new
kitchen, this would be more value per square foot than a home
that still has the 1970’s decor and/or is in derelict condition.
Please note that this list can change daily as some homes sell, prices
are adjusted and other homes come on the market.
The total square footage is noted here, although only the main floors
are used to figure price per square foot.
May 2010 – 19 TOP BEST BUY East Grand Rapids Homes
Lowest price/Sq Ft range from $70.24 to $108.84
Highest List Price – $ 263,000
Lowest List Price – $ 84,999
The Top East GR Homes to Buy by Price per Square Foot:
729 Gladstone Dr SE $ 84,999 800 Sq Ft $106.25/SqFt
2714 Cascade Rd SE $119,900 1900 SqFt $92.23/SqFt
293 Rosewood Ave $130,000 1422 Sq Ft $104.67/SqFt
252 Hodenpyl Rd $147,500 1489 Sq Ft $99.06/SqFt
630 Rosewood Ave $149,500 1862 Sq Ft $80.29/SqFt
1647 Franklin St $149,990 1392 Sq Ft $107.75/SqFt
1707 Hall St SE $160,000 2229 Sq Ft $91.27/SqFt
950 Breton Rd SE $ 169,900 1561 Sq Ft $108.84/SqFt
1420 Laurel Ave SE $175,000 1728 Sq FT $101.27/SqFt
2053 Englewood Dr $178,000 1954 Sq Ft $106.84/SqFt
2840 Cascade Rd $189,000 2272 Sq Ft $105.47/SqFt
2206 Stratford Ct $193,500 2918 Sq Ft $88.44/SqFt
2150 Anderson Dr $195,000 3322 Sq Ft $70.24/SqFt
9 Morningside Dr $199,500 2400 Sq Ft $99.75/SqFt
3030 Cascade Rd SE $199,900 3000 Sq Ft $106.44/SqFt
1401 Pinecrest Ave $218,000 2350 Sq Ft $103.02/SqFt
1146 San Jose Dr SE $219,900 2446 Sq Ft $107.48/SqFt
1773 Oxford Dr SE $260,000 3000 Sq Ft $108.24/SqFt
3030 Fulton St E $263,000 3460 Sq Ft $106.05/SqFt
East Grand Rapids homes are selling. If you have been waiting
for the right time to buy, don’t wait much longer. We are
seeing definite signs of competition for homes in East Grand
Rapids and Forest Hills.
Homes in good condition and priced appropriately are selling.
There are fewer home available this month in East Grand Rapids
and prices are generally higher, only 1 home under $100K.
*Some of these homes may be bank owned foreclosures and
not habitable as is or available for a mortgage in present
condition.*
East GR Real Estate Market Articles
If you would like to view an East Grand Rapids Best Buy Home,
please contact us @1-888-240-1968 x 0 or email us :
_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate,
the Greater Grand Rapids MI area, and what it is like to live in West
Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan
area with a diverse business community, great medical research &
services, numerous universities, plus lively arts and entertainment
of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Current Real Estate Market Report For East Grand Rapids Michigan
Absorption rate for East Grand Rapids MI housing market is currently
at 6.3 months, which means if no new listings come on the
East Grand Rapids market, it will take 6.3 months for the existing
home inventory to sell.
There are 111 active listings on the East Grand Rapids market now,
typically a leaner market in winter ranging from $89,900 to $3,600,000.
25 Pending Home Sales
210 Sold Homes with sold prices ranging from $ 25,000 to $ 1,750,000
from Jan 1, 2009 in East Grand Rapids housing inventory.
East Grand Rapids Homes up to $200,000
Active Listings – 29
Pending – 7
Sold – 81
Avg Sold Price – $145,265 139,240
East Grand Rapids Homes $200,000 to $300,000
Active Listings - 25
Pending – 2
Sold - 51
Avg Sold Price – $ 246,601 250,468
East Grand Rapids Homes $ 300,001 to $450,000
Active Listings – 34
Pending - 1
Sold – 46
Avg Sold Price – $ 358,789 363,813
East Grand Rapids Homes $ 450,001 ++
Active Listings - 23
Pending – 2
Sold – 20
Avg Sold Price – $ 711,025
The lower end of this market (under $300K) has seen about 50 %
of the sales in the last year. With the current lowest list price
at $ 89,900, it looks like the bargain basement days in EGR housing
are over. Homes in the higher prices are selling, but at a
slower rate.
The Absorption rate is in the normal range for East GR
homes at this point, something we haven’t seen for a few years.
It looks like East Grand Rapids is coming out of the the recent
real estate downturn on a faster pace than other
local communities.
East Grand Rapids Real Estate Market Reports
East Grand Rapids Michigan ~ America’s Hometown
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_____________________________________________________________________________________________________
The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.
We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
Current Real Estate Market Report For East Grand Rapids Michigan
Absorption rate for East Grand Rapids MI housing market is currently
at 7 months, which means if no new listings come on the
East Grand Rapids market, it will take 7 months for the existing
home inventory to sell.
There are 123 active listings on the East Grand Rapids market now,
down about 30% from last month, ranging from $99,980 to $2,039,000.
25 Pending Home Sales
123 Sold Homes with sold prices ranging from $ 25,000 to $ 1,300,000
since Jan 1, 2009 in the East Grand Rapids housing inventory.
East Grand Rapids Homes up to $200,000
Active Listings – 29
Pending – 15
Sold – 45
Avg Sold Price – $ 139,240
East Grand Rapids Homes $200,000 to $300,000
Active Listings - 47
Pending – 4
Sold - 31
Avg Sold Price – $ 250,468
East Grand Rapids Homes $ 300,000 to $450,000
Active Listings - 46
Pending - 3
Sold – 32
Avg Sold Price – $ 363,813
East Grand Rapids Homes $ 450,000 ++
Active Listings - 47
Pending – 3
Sold – 15
The lower end of this market (under $300K) has seen about 75 %
of the sales in the last six months. With the current lowest list price
at $ 99,980, it looks like the bargain basement days in EGR housing
is over. Homes in the higher prices are selling, but at a
slower rate. The Absorption rate is in the normal range for East
Grand Rapids homes at this point, something we haven’t seen
for a few years.
East Grand Rapids June 2009 Absorption Report
East Grand Rapids Top Best Buy Homes July 2009
East Grand Rapids Michigan ~ America’s Hometown
If you have any questions about East GR homes,
please contact me directly:
ph 1-888-240-1968 ext 0
email:terry@terrywestbrook.com
Grand Rapids Ada MI Real Estate ~ Westbrook Realty
copyright 2008 All rights reserved
Photo of East Grand Rapids Public Library by Bonnie Westbrook
We have gathered a list of the top East Grand Rapids Houses to buy
based on price per square foot. Please note that this list can change daily
as some homes sell, prices are adjusted and other homes come on the
market. Check back often or just subscribe to our blog to get up-to-date
local real estate information that you want to know.
The total square footage is noted here, although only the main floors
are used to figure price per square foot.
May 2009 BEST BUY East Grand Rapids Homes
Lowest price/Sq Ft range from $63.55 to $99.57
Highest List Price – $389,900
Lowest List Price – $ 89,900
The Top East GR Homes to Buy by Price per Square Foot:
2200 Estelle Dr SE $ 89,900 1274 Sq Ft $70.57/SqFt
3009 Lake Dr. SE $139,900 1996 Sq Ft $99.57/SqFt
1635 Breton Rd SE $139,900 2300 Sq Ft $73.63/SqFt
2610 Richards Dr $ 140,000 1716 Sq Ft $81.59/SqFt
2946 Cascade Road $144,900 2280 Sq Ft $63.55/SqFt
2326 Brighton Dr $159,000 2100 Sq Ft $83.68/SqFt
1638 Wealthy St SE $169,900 2400 Sq Ft $80.90/SqFt
2150 Anderson Dr SE $209,900 3322 Sq Ft $75.61/SqFt
2470 Lake Dr SE $279,950 3143 Sq Ft $89.07/SqFt
3047 Cascade Rd $159,900 1726 Sq Ft $92.64/SqFt
244 Morningside Dr $184,900 1946 Sq Ft $95.02/SqFt
2131 Robinson Road $389,900 4300 Sq Ft $90.67/SqFt
Note: The bargains are fewer and prices appear to be getting more
expensive here in East Grand Rapids this month. One home
under $100K is listed this month, compared to none last month.
If you have been waiting for the right time to buy, don’t wait much
longer. We are starting to see signs of the below appraisal home
prices seriously slowing in certain desirable areas, like East Grand
Rapids and Forest Hills.
*Some of these homes may be bank owned foreclosures and not habitable
as is or available for a mortgage in present condition.*
If you would like to view an East Grand Rapids Best Buy Home,
please contact us @1-888-240-1968 x 0 or email us :
Grand Rapids Ada MI Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
We have gathered a list of the top East Grand Rapids Houses to buy
based on price per square foot. Please note that this list can change daily
as some homes sell, prices are adjusted and other homes come on the
market. Check back often or just subscribe to our blog to get up-to-date
local real estate information that you want to know.
The total square footage is noted here, although only the main floors are
used to figure price per square foot.
April 2009 BEST BUY East Grand Rapids Homes
Lowest price/Sq Ft range from $63.55 to $95.02
Highest List Price - $389,900
Lowest List Price - $ 139,900
The Top East GR Homes to Buy by Price per Square Foot:
2218 Lake Dr. $139,900 1900 Sq Ft $87.88/SqFt
944 Breton Rd SE $144,900 1646 Sq Ft $88.03/SqFt
2946 Cascade Road $144,900 2280 Sq Ft $63.55/SqFt
1635 Breton Rd SE $149,900 2300 Sq Ft $78.89/SqFt
2610 Richards Dr $ 153,000 1716 Sq Ft $89.16/SqFt
2326 Brighton Dr $159,000 2100 Sq Ft $83.68/SqFt
1638 Wealthy St SE $169,900 2400 Sq Ft $80.90/SqFt
2101 Lake Dr SE $179,900 1976 Sq Ft $91.04/SqFt
2150 Anderson Dr SE $209,900 3322 Sq Ft $75.61/SqFt
1080 Idema Dr SE $239,900 4746 Sq Ft $71.36/SqFt
1341 Cornell Dr SE $269,900 3820 Sq Ft $77.78/SqFt
2470 Lake Dr SE $279,950 3143 Sq Ft $89.07/SqFt
3047 Cascade Rd $159,900 1726 Sq Ft $92.64/SqFt
244 Morningside Dr $184,900 1946 Sq Ft $95.02/SqFt
2131 Robinson Road $389,900 4300 Sq Ft $90.67/SqFt
Note: The bargains appear to be getting more expensive and there
are fewer of them each month here in East Grand Rapids. No homes
under $100K are listed this month. If you have been waiting for the
right time to buy, don’t wait much longer. We are starting
to see signs of the dropping home prices seriously slowing in certain
desirable areas, like East Grand Rapids and Forest Hills.
*Some of these homes may be bank owned foreclosures and not habitable
as is or available for a mortgage in present condition.*
If you would like to view an East Grand Rapids Best Buy Home,
please contact us @1-888-240-1968 x 0 or email us :
Grand Rapids Ada MI Real Estate ~ Westbrook Realty
Copyright 2009 All rights reserved
We have gathered a list of the top East Grand Rapids Houses to buy
based on price per square foot. Please note that this list can change daily
as some homes sell, prices are adjusted and other homes come on the
market. Check back often or just subscribe to our blog to get up-to-date
local real estate information that you want to know.
The total square footage is noted here, although only the main floors are
used to figure price per square foot.
March 2009 BEST BUY East Grand Rapids Homes
Lowest price/Sq Ft range from $63.55 to $96.65
Highest List Price - $389,900
Lowest List Price - $ 99,900
The Top East GR Homes to Buy by Price per Square Foot:
2701 Albert Dr $ 99,900 1571 Sq Ft $93.28/SqFt
706 Rosewood Ave $ 124,900 1676 Sq Ft $74.52/SqFt
1151 Idema Dr $129,900 1344 Sq Ft $96.65/SqFt
1549 Rosalind Rd $134,900 2094 Sq Ft $74.70/SqFt
2218 Lake Dr. $139,900 1900 Sq Ft $87.88/SqFt
2946 Cascade Road $144,900 2280 Sq Ft $63.55/SqFt
2610 Richards Dr $ 156,000 1716 Sq Ft $90.91/SqFt
1635 Breton Road $160,000 2300 Sq Ft $84.21/SqFt
1638 Wealthy St SE $169,900 2400 Sq Ft $80.90/SqFt
2101 Lake Dr SE $182,500 1976 Sq Ft $92.36/SqFt
2150 Anderson Dr SE $209,900 3322 Sq Ft $75.61/SqFt
1341 Cornell Dr SE $269,900 3820 Sq Ft $77.78/SqFt
2470 Lake Dr SE $279,950 3143 Sq Ft $89.07/SqFt
3047 Cascade Rd $159,900 1726 Sq Ft $92.64/SqFt
244 Morningside Dr $187,900 1946 Sq Ft $96.56/SqFt
2131 Robinson Road $389,900 4300 Sq Ft $90.67/SqFt
*Some of these homes may be bank owned foreclosures and not habitable
as is or available for a mortgage in present condition.*
If you would like a list of top best buys in your area, please contact us
1-888-240-1968 x 0 or email us through our web site:
Grand Rapids Ada MI Real Estate ~ Five Star Real Estate
Copyright 2009 All rights reserved
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. East Grand Rapids 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.
East Grand Rapids 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 ~ November 2008
EAST GRAND RAPIDS Homes Listed at $850,000 +
EAST GRAND RAPIDS Active Listings:10
EAST GRAND RAPIDS Average Active Price: $1,743,800
EAST GRAND RAPIDS Sold Homes : 1
EAST GRAND RAPIDS Average Sold Price/SqFt: – $ 309.54
East Grand Rapids Homes Listed $450,000 to $ 850,000
East Grand Rapids Homes Active listings:32
East Grand Rapids Average Active Price: $ 608,003
East Grand Rapids SOLD Homes: 7
East Grand Rapids Average Sold Price: $ 522,143
East Grand Rapids Average Sold Price/SqFt: $ 152.57
Homes Listed $ 300,000 – $ 450,000
East Grand Rapids Homes Active Listings: 41
East Grand Rapids Average Active Price: $ 397,927
East Grand Rapids SOLD Homes: 17
East Grand Rapids Average Sold Homes Price: $ 354,441
East Grand Rapids Average Sold Price/SqFt: $ 135.91
Homes Listed $ 200,000 – $300,000
East Grand Rapids Active Listings: 25
East Grand Rapids Average Active Price: $ 264,604
East Grand Rapids SOLD homes: 34
East Grand Rapids Average Sold price: $231,003
East Grand Rapids Average Sold Price/SqFt: $ 123.61
Homes Listed $0- $200,000
East Grand Rapids Homes Active Listings: 39
East Grand Rapids Active Average Price: $ 164,454
East Grand Rapids SOLD Homes: 49
East Grand Rapids Sold Home Price: $156,774
East Grand Rapids Sold price/SqFt: $ 113.61
It is difficult to do a market synopsis for a housing area this broad.
East Grand Rapids homes in the lower values seem to be the most active,
especially under $200,000. This is still a very strong market in our
weakened economy but buyers are still looking for bargains. If you need
to sell your East Grand Rapids home, you will need to anticipate the new
buyers price threshold to sell your home in the current market, which seems
to be going down every month.
East Grand Rapids Market Report October 2008
East Grand Rapids Market Report Sept 2008
East Grand Rapids Market Report August 2008
If you have questons about your Grand Rapids or East Grand Rapids Home
in this market, please contact me directly.
Grand Rapids -Ada MI Real Estate ~ Copyright 2008
Five Star Real Estate LLC
Reeds Lake photo by Bonnie Westbrook
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 aremega-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.
1-888-240-1968 ext 0
Grand Rapids -Ada MI Real Estate ~ Copyright 2008 – Five Star Real Estate LLC