Wyoming, MI

Yes, that is exactly what I said to my newest sellers last night. Their home

just went on the market yesterday. A buyer just waiting for this type of listing

found it within hours of putting the sign in the yard and going live on our MLS.

They called me to get details while we were on our way to take pictures and

get measurements to enhance our listing on our web site and the Multiple

Listing Service. Then they called their agent and he scheduled a showing

for 6 pm.

I received another sign call to show the property last night on my way over to

my clients to present the offer the first buyer wrote.

I haven't seen this pace of activity on a listing in quite some time here in the

Grand Rapids market.

So my new listing is pending after being on the market less than a day.

This is what can happen when homes are prepared for sale correctly and

priced correctly.

Congratulations to my now homeless sellers, time to find them a

new place to live.

If you would like information about Wyoming or Grand Rapids

Area Homes, please contact me through email or my web site.

Westbrook Realty ~ Grand Rapids Michigan

Copyright 2009 All rights reserved

Current Wyoming Michigan Real Estate Market

The Absorption Rate for Wyoming MI Homes is 7 months, which means

that if no new homes enter the market, it will take 7 months to deplete the

existing inventory at the current rate of sales.

There are currently 138 Active Listings in Wyoming, Michigan.

Since Oct 1, 2008, there have been 117 SOLD and Pending

Wyoming MI Homes.

The high SOLD Price is $ 175,000 the low sold price is $ 50,000.

The average Sold Price is $ 87,828

Average Sold Price /Sq Ft is $75.95

The average List Price is $ 100,996

Average List Price/Sq Ft $ 92.99

Market Analysis: Wyoming homes continue to sell and the absorption rate is

fairly low for the Grand Rapids Area.

The bad news is that home prices continue to decline, going down another 10%

on average since December 2008. Inventory is going down and this might drive

prices up again. If you are considering buying a Wyoming home, now is the

time. I believe we have hit bottom on the market this winter and spring and

summer will see decreased inventory and less selection.

This usually brings prices up.

If you have questions about your Wyoming MI or Grand Rapids

home, please contact me directly.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Homes are selling! See the statistics below for homes sold and closed between 1-1-09 through 2-11-09.

Broken down by school districts:

Wyoming~Priced from 24,500-175,000 (28) total sales year to date

Kentwood~ Priced from 15,000-171,000 (35) total sales year to date

Grand Rapids~Priced from 4,000-375,000 (146) total sales year to date

Byron Center~Priced from 25,000-312,000 (8) total sales year to date

Call or email me anytime to see how you can get your very own SOLD sign!

Mary Kent

616-915-3987

http://www.kentcountyhome.com

This Wyoming Michigan Single Family Market Report was generated on February 3rd, 2009 (See Graph Above)

• Active Listings on Feb 3rd, 2009: 611
• Pending Sales on Feb 3rd, 2009: 122
• Closed Sales during January 2009: 41
• Listing Inventory: 14.9 Months
• Listing Price Breakdown
  
  • Low List Price: $4000
  • High List Price: $439,900
  • Average List Price: $100,466

"Short Sales" and Foreclosures are a Large Part of the Wyoming Michigan Market (See Graphs Below)

• "Short Sales" account for 24.7% of Active Listings while Foreclosures account for 19.8% of Active Listings
• "Short Sales" account for 10.7& of Pending Sales while Foreclosures account for 72.1% of Pending Sales
• "Short Sales" account for 7.3% of Closed Sales during January 2009, while Foreclosures account for 78% of Closed Sales in January 2009.

This Information is Provided By the Grand Rapids Association of Realtors and Daniel Sundberg of Crystal Springs Real Estate
All Information is deemed reliable but is not guaranteed.

The story begins with him.  With him it was all about a place to catch some sleep, grab a bite to eat and maybe relax a little.  The house fit the bill.  The home was located in a neighborhood with close proximity to the expressway and the clean, crisp white walls were simple and required little maintenance.

Then she appeared on the scene.  Elegant, sophisticated and very beautiful, it was clearly a match which ignited his heart.  Her presence evoked a comfortable warmth which the space had not felt before. 

The clinical blue and white decor now seemed chilly  She embarked on a project  to channel soulful brilliance through the warm hues of autumn gold, tawny chocolate and complementary earth tones.

The transformation of the space through their story has resulted in  a home in which the cathedral ceilings are anchored by the strong, warmth of the earth. 

Spotlights throughout several rooms of the home highlight key decor accents.  Drama is envoked through the movement of color along architectural lines.

Why it's now about you...

With 4 Bedrooms, 2 complete baths, ample closet space, a well designed kitchen, central air conditioning, a 2 stall garage and a good sized backyard...this home is now about YOU. This is a space in which you can splash the colors of the palette that make up your life in living color.  This is a space you can call home!

The story of this home can be experienced by arranging a private pre-view 1497 Meadowview St. SW Wyoming, MI  49509 through the assistance of your real estate agent.  It is ready to move into and neat as a pin!  Additional features include a recreation room downstairs large enough for a pool table AND exercise equipment.  Take advantage of this value priced home.  At $145,000 in this neighborhood..it won't last long! 

MLS # 742166