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Grand Rapids Housing Market Predictions 2018
Here’s a look at the Grand Rapids Real Estate Market for November 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 96% of their listing price.
The total number of homes still available this month is 1984. The current inventory is down 5.1%compared to the previous month. October property sales were 1007, 4.4% lower than the 1053 last month. There was an increase of 7.7%in the pended properties in October, with 1048 properties versus 973 the previous month. The Average For Sale Price of Homes in the Greater Grand Rapids Area for October was $336,000 up 2.1% from $329,000 last month. The Median Sold Price in October was $197,000, the same as last month of $198,000. The Months of Inventory based on Closed Sales of 2 was the same as compared to last month. May through August the Months of Inventory was running between 1 and 1.5. READ MORE HERE
November 2018 Inventory
Months of Inventory Based on Closed Sales
2018 Real Estate Market Reports
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|May 2018||June 2018||July 2018|
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2017 Real Estate Market Reports
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|April 2017||May 2017|
2016 Real Estate Market Reports
|February 2016||April 2016||November 2016|
Grand Rapids Homes And Condos For Sale $336,000 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 $336,000 or less.