Grand Rapids Real Estate Market Report – July 2019
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Grand Rapids Housing Market Predictions 2019
Here’s a look at the Grand Rapids Real Estate Market for July 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 for sale this month is 1176. The current inventory for the Greater Grand Rapids Metropolitan area increased by 5% compared to the previous month. June property sales were 1152, 4% lower than the 1206 sales from the previous month. There was a decrease of 3% in the pended properties in June, with 1337 properties versus 1378 the previous month.
The Average For Sale Price of Homes in the Greater Grand Rapids Area for June is $262,828. The Average Sold Price in June was $249,252, down 3% from last month of $255,923. The Months of Inventory based on Closed Sales of 1.3 was up .1 versus last month.
July Is A Sellers Market!
Currently, sellers are receiving 100% of their listing price. Grand Rapids continues to favor sellers in today’s real estate market.
READ MORE HERE
July is a Sellers Market!
July 2019 Median Sales Price
Months of Inventory Based on Closed Sales
2019 Real Estate Market Reports
|January 2019||February 2019||March 2019|
|April 2019||May 2019||June 2019|
2018 Real Estate Market Reports
|January 2018||February 2018||April 2018|
|May 2018||June 2018||July 2018|
|August 2018||September 2018||October 2018|
|November 2018||December 2018||January 2019|
2017 Real Estate Market Reports
|January 2017||February 2017||March 2017|
|April 2017||May 2017|
2016 Real Estate Market Reports
|February 2016||April 2016||November 2016|
Grand Rapids Homes And Condos For Sale $367,000 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.