Market report, updated

Market Report

Search in the school district of East Grand Rapids

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 6 months, homes sold for 99.5% of list price in 21 days on average.

Average price, last 12 months

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

List · $681K Sold · $656K
$1.2M$1M$800K$600K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 33 sales in Jun. Last month: 11.

Where the market stands

All homes in this report, by status.

179homes
Active33 · 18%
Under contract20 · 11%
Sold (6 mo)126 · 70%

Buyer's or seller's market?

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

1.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$1.04M
Under contract$999K
Sold$918K

Average days on market

Active73 days
Under contract39 days
Sold21 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 33
Average list price $1,042,875
Avg. days on market 73 days
Avg. price per ft² $352 Based on 27 of 33 homes
Avg. living area 2,983 ft² Based on 27 of 33 homes
Avg. beds / baths 3.8 / 3.2

Price vs. living area

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

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

$6M$4M$2M$0

Price vs. living area: 27 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.

6 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
2329 Elinor Lane SE Unit 5A$508
2330 Elinor Lane SE Unit 6D$481
706 Croswell Avenue SE$471
1995 San Lu Rae Drive SE$424
3131 SE Southshire Avenue SE$387

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$1,14225 days
1995 San Lu Rae Drive SEEast Grand Rapids, MI 49506 5911,652$4,950,000$424130 days
3131 SE Southshire Avenue SEEast Grand Rapids, MI 49506 555,031$1,950,000$3870 days
2816 Bonnell Avenue SEEast Grand Rapids, MI 49506 422,925$1,500,000$51227 days
250 Plymouth Avenue SE Unit 5East Grand Rapids, MI 49506 ———$1,495,000—173 days
2330 Elinor Lane SE Unit 6DEast Grand Rapids, MI 49506 442,812$1,355,000$481160 days
2861 Woodcliff Circle SEEast Grand Rapids, MI 49506 433,068$1,150,000$37413 days
2329 Elinor Lane SE Unit 5AGrand Rapids, MI 49506 332,116$1,075,000$508160 days
3131 Midland Drive SEEast Grand Rapids, MI 49506 443,128$975,000$31133 days
932 Floral Avenue SEEast Grand Rapids, MI 49506 543,645$950,000$26080 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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