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Grand Rapids Housing Market Predictions 2019
Here’s a look at the Grand Rapids Real Estate Market for June 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 1223. The current inventory for Kent County increased by 7% compared to the previous month. May property sales were 963, 23% higher than the 742 sales from the previous month. There was an increase of 10% in the pended properties in May, with 1083 properties versus 971 the previous month.
The Median For Sale Price of Homes in the Greater Grand Rapids Area for May is $349,450 up 1% from $346,165 last month. The Median Sold Price in May was $220,000, up 5% from last month of $210,000. The Months of Inventory based on Closed Sales of 1.5 was up .1 versus last month.
June 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
May is a Sellers Market!
June 2019 Median Sales Price
Months of Inventory Based on Closed Sales
2019 Real Estate Market Reports
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2018 Real Estate Market Reports
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2017 Real Estate Market Reports
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2016 Real Estate Market Reports
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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.