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Grand Rapids Housing Market Predictions 2018

Here’s a look at the Grand Rapids Real Estate Market for August 2018. According to a report released by the Grand Rapids Association of REALTORS® (GRAR), Grand Rapids continues to favor sellers in today’s real estate market. Currently, sellers are receiving 99% of their listing price.

July property sales ended the month with a total of 1110 homes sold. That is a 12.8% decrease over last month. June home sales were 1273. The Average For Sale Price of Homes in the Greater Grand Rapids Area for July was $341,000, down 2.8%from $351,000 last month. The Median Sold Price in July was $199,000, down 0.5% from $200,000 last month. Here’s my quick opinion and we all know how much free opinions are worth, mine are quite expensive. Sales are down, prices are down and the number of available homes for sale is up. Usually, there is a drop off in sales in the latter part of July and into August. There usually is a bump in sales in September and the first half of October. Most buyers who have children want to be in their new home prior to the school year starting. So the market has cooled a degree or two. READ MORE HERE

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If you are thinking of selling and wonder how much your house might sell for in today’s Grand Rapids Estate Market, use this instant home value estimate or call 616.485.8955.

August 2018 Inventory

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2018 Real Estate Market Reports

January 2018February 2018April 2018
May 2018June 2018July 2018
August 2018

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 for Sale

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 $358,000 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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