Real Estate in West Michigan
Steve Spriensma
616-984-1051616-984-1051

Grand Rapids Association of REALTORS® Market Update

March 20, 2017, GRAR.com reported –

MONTHLY MARKET REPORT: The February statistical report continues to show the significant impact the shortage of available properties is having on sale prices and the overall number of transactions locally. For example, pending sales when compared to the same period last year are down by 14%, while the average home sale price has increased by nearly 8%. The average sale price for the Greater Grand Rapids area is now at $186,578.  If you are thinking of selling, now is a great time as we have more buyers in the market than available properties. 

If you are considering selling, call me today to learn more!  616-890-6716

 

 

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