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Grand Rapids Housing Market Predictions 2019

Here is the Grand Rapids Real Estate Market Report – March 2019. If you’re not sure its a good time to buy or sell a home? Read this report then contact Doug Hansen to get the advice on what you need to do next.

Here’s a look at the Grand Rapids Real Estate Market for March 2019. According to a report released by the Greater Regional Alliance of REALTORS® (GRAR). Grand Rapids continues to favor sellers in today’s real estate market.

The total number of homes still available this month is 1339. The current inventory is down 6.6% compared to the previous month. February property sales were 576, 4.8% lower than 605 from the previous month. There was an increase of 1.5% in the pended properties in February, with 767 properties versus 756 the previous month.

The Average For Sale Price of Homes in the Greater Grand Rapids Area for February is $349,000 up 5.1% from $332,000 last month. The Median Sold Price in February was $193,000, up 4.3% from last month of $185,000. The Months of Inventory based on Closed Sales of 2.3 was down 4.2% compared to last month. March is a Sellers Market! 

READ MORE HERE

March 2019 Inventory

Grand Rapids Real Estate Market graph showing the for sale, sold and pended properties

Months of Inventory Based on Closed Sales

Grand Rapids Real Estate Market Months of Inventory based on Closed Sales Graph

 

2019 Real Estate Market Reports

January 2019February 2019March 2019

2018 Real Estate Market Reports

January 2018February 2018April 2018
May 2018June 2018July 2018
August 2018September 2018October 2018
November 2018December 2018January 2019

2017 Real Estate Market Reports

January 2017February 2017March 2017
April 2017May 2017

2016 Real Estate Market Reports

February 2016April 2016November 2016
December 2016

Grand Rapids Homes And Condos For Sale $349,000 and Under

Here are the most recent home listings just added to the database in the average price range for Grand Rapids. All homes here are priced at $349,000 or less.

 

Summary
Grand Rapids Real Estate Market Report - This Month 2018
Article Name
Grand Rapids Real Estate Market Report - This Month 2018
Description
At the end of the month, there were 1,158 homes on the market in Grand Rapids. Read More about what's happening in the Grand Rapids Real Estate Market here.
Author
Publisher Name
Doug Hansen at Five Star Realty
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