This information is from The Grand Rapids Association of Realtors.
When buying or selling a home it is mandatory to have accurate information pertaining to the market. This information is available to licensed agents that are members of the Grand Rapids Association of Realtors. It is recommend to have a professional agent review any information to check its accuracy.
All rights reserved by Charlene Hammontree@ U.S. Home & Realty
| Sales and Inventory Report | ||||||||||
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| Category - ALL Statistics for Entire MLS from 9/1/2007 - 8/31/2008 |
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| Category:0 Counties:41 |
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| Month | Year | Monthly Sales | Avg List $ | Avg Sale $ | Avg $/Sqft | Median Sold $ | Avg DOM | % Sold/List | Current Inventory | Months Inventory |
| September | 2007 | 52 | $222,523 | $215,702 | $122 | $175,950 | 104.00 | 96.93% | 965 | 18.55 |
| October | 2007 | 49 | $226,442 | $215,138 | $125 | $188,900 | 115.75 | 95.00% | 1004 | 20.48 |
| November | 2007 | 31 | $189,531 | $181,338 | $112 | $165,000 | 132.00 | 95.67% | 952 | 30.70 |
| December | 2007 | 21 | $185,275 | $177,922 | $101 | $175,000 | 160.76 | 96.03% | 897 | 42.71 |
| January | 2008 | 27 | $218,665 | $198,026 | $103 | $185,000 | 124.66 | 90.56% | 816 | 30.22 |
| February | 2008 | 29 | $191,560 | $179,373 | $107 | $150,000 | 139.17 | 93.63% | 817 | 28.17 |
| March | 2008 | 43 | $202,605 | $195,224 | $124 | $160,000 | 119.30 | 96.35% | 818 | 19.02 |
| April | 2008 | 32 | $194,537 | $181,066 | $121 | $169,500 | 137.75 | 93.07% | 834 | 26.06 |
| May | 2008 | 43 | $188,245 | $180,757 | $113 | $172,000 | 117.58 | 96.02% | 872 | 20.27 |
| June | 2008 | 50 | $195,926 | $187,607 | $110 | $172,600 | 136.52 | 95.75% | 889 | 17.78 |
| July | 2008 | 43 | $202,929 | $196,454 | $128 | $169,900 | 105.60 | 96.80% | 916 | 21.30 |
| August | 2008 | 43 | $208,312 | $198,547 | $113 | $175,000 | 101.90 | 95.31% | 907 | 21.09 |
| Annual: | 463 | $203,896 | $194,366 | $116 | $175,000 | 121 | 95.32% | 890 | 0.00 | |
| Annual: | 2007 - 2008 | 463 | $203,896 | $194,366 | $116 | $175,000 | 121 | 95.32% | 890 | 6.23 |
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Note: The "Current Inventory" column(s) reflect the number of active(on market) listings on the 16th day of each month. The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale. |
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Michigan real estate agent specializing in Rockford, Belmont, Comstock Park & Grand Rapids Communities as well as vacation homes. Accredited Buyer Representative & Senior Real Estate Specialist.
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