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Rockford Michigan Absorption Report ~ January 19, 2009

Current Absorption Rate for Rockford Michigan is 18.35 months on

average, which means if no new listings come on the market, it will take

18.35 months to sell current inventory.

The under $200K market is moving faster than the over $200K.

345 Active Listings in Rockford MI today.

132 Sold Rockford Homes since July 1, 2008 with high price

at $385,000 and the low price at $50,000.

22 Pending Home Sales since June 30, 2008 to date.

Average Rockford List Price: $ 245,443

Average Rockford Sale Price: $ 207,554

If you have any questions about a Rockford or Grand Rapids

MI homes, please contact me directly.

Grand Rapids -Ada Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Downtown Rockford by Bonnie Westbrook

Posted Monday Jan 19