Market report, updated

Market Report

Search in the city of East Grand Rapids

Khoury Real Estate LLC. logo
Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 6 months, homes sold for 99.3% of list price in 24 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $684K Sold · $660K
$1.2M$1M$800K$600K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 19 sales in Jun. Last month: 10.

Where the market stands

All homes in this report, by status.

112homes
Active24 · 21%
Under contract14 · 12%
Sold (6 mo)74 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.21M
Under contract$923K
Sold$911K

Average days on market

Active58 days
Under contract24 days
Sold24 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 24
Average list price $1,209,508
Avg. days on market 58 days
Avg. price per ft² $371 Based on 21 of 24 homes
Avg. living area 3,197 ft² Based on 21 of 24 homes
Avg. beds / baths 4.0 / 3.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

3 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 21 homes plotted, up to $6M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

3 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

720 Croswell Avenue SE$1,142
2816 Bonnell Avenue SE$512
2330 Elinor Lane SE Unit 6D$481
706 Croswell Avenue SE$471
1995 San Lu Rae Drive SE$424
3131 Southshire Avenue SE$387
714 Rosewood Avenue SE$382

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
720 Croswell Avenue SEEast Grand Rapids, MI 49506 454,364$4,984,000$1,14231 days
1995 San Lu Rae Drive SEEast Grand Rapids, MI 49506 5911,652$4,950,000$424136 days
3131 Southshire Avenue SEEast Grand Rapids, MI 49506 555,031$1,950,000$3876 days
2816 Bonnell Avenue SEEast Grand Rapids, MI 49506 422,925$1,500,000$51233 days
250 Plymouth Avenue SE Unit 5East Grand Rapids, MI 49506 ———$1,495,000—179 days
2330 Elinor Lane SE Unit 6DEast Grand Rapids, MI 49506 442,812$1,355,000$481166 days
2861 Woodcliff Circle SEEast Grand Rapids, MI 49506 433,068$1,150,000$37419 days
932 Floral Avenue SEEast Grand Rapids, MI 49506 543,645$950,000$26086 days
2412 Lake Drive SEEast Grand Rapids, MI 49506 433,145$950,000$302102 days
3131 Midland Drive SEEast Grand Rapids, MI 49506 443,128$949,900$30339 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rosietherealtormi.com Khoury Real Estate LLC.

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