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Grand Rapids Housing Market Predictions 2018

Here’s a look at the Grand Rapids Real Estate Market for September 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 98% of their listing price.

August property sales were 1136, 2.9% lower than the 1170 last month. The Average For Sale Price of Homes in the Greater Grand Rapids Area for August was $330,000, down 3.2% from $341,000 last month. The Median Sold Price in August was $202,000, up 2% from $198,000 last month. Here’s my opinion on the above numbers. The numbers continue to cool off just a bit just like the West Michigan weather. Home Sales are down, the average For Sale Price of Homes is down but the Median Sold Price is slightly higher. So the market has cooled a degree or two. Looking at these stats, I say the super hot real estate market in Greater Grand Rapids is now just a hot real estate market. READ MORE HERE

Others Have Asked
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.

September 2018 Inventory

Graph showing the number of houses for sale, pending and sold

2018 Real Estate Market Reports

January 2018February 2018April 2018
May 2018June 2018July 2018
August 2018September 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 And Condos For Sale $330,000 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 $330,000 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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