Rockford, MI

Current Real Estate Market Report ~ Rockford Michigan ~ June 2009

Current Absorption Rate for Rockford Michigan is 7.5 months

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

it will take 7.5 months to sell current inventory. This is a

50%. decrease from last month, so inventory is selling.

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

Homes less than $200,000 since May 1, 2009 sold prices appear

to be still declining slightly, even though 126 homes sold in

Rockford Public School District last month. Foreclosure & bank

owned homes could be tipping the figures downward.

The over $200K market has taken a 15% decrease in average

sold price from last month.

255 Active Rockford MI Listings under $200,000

Sold Rockford Homes: 40

Pending Rockford Homes: 57

Average sold price $ 128,688

High Sold price $190,000

Low Sold price $46,200

Average Sold Price/SqFt $94.67

Over $ 200,000 Rockford MI Homes

220 Active Rockford MI Listings

Sold Rockford Homes 15

Pending Rockford Homes 14

Average Rockford List Price: $ 365,519

Average Rockford Sold Price: $ 255,261

Average Sold Price/SqFt $ 140.45

High Sold Price $ 410,000

Low Sold Price $200,000

Inventories have increased with the spring market and sales are

starting to take off in Rockford over the last 2 months. The absorption

rate is 7.5 months which is a normal market range for our area.

It appears that smaller homes are selling faster because the price

per sq ft has gone up while the average sale price has declined by

15% from last months report. It is important that you have your

home in great condition and priced correctly. Over-priced homes

will not sell in this buyer's market.

If you have any questions about Rockford or

Grand Rapids MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Rockford Michigan Real Estate Market Report ~ May 2009

Rockford Michigan Real Estate Market Report ~ April 2009

Rockford Michigan Real Estate Market Report ~ March 2009

Rockford Michigan Top Best Home Buys ~ June 2009

Rockford Michigan Video Tour

Grand Rapids -Ada Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Rockford Public Library - Downtown Rockford by Bonnie Westbrook

Rockford Michigan will be celebrating the 4th of July by having

a Children's Bike Parade, outdoor concert and a fireworks display.

Like most small towns across America, this is the time to show your

patriotism by decorating your bike, riding in the parade so your

proud parents can take pictures. In Rockford, you get to

relax by the Rogue River for an outdoor concert and a great

fireworks display.

July 4th Schedule of Events:

Children's Bike Parade 1:30 pm registration, 2:00 pm parade begins - Downtown Rockford (Squires St parking lot)

Garden Park Concert - 7:30 pm - 10:00pm The Oxymorons Band

Fireworks Display - Over the City at dusk ( approx 10:15 pm)

Westbrook Realty Grand Rapids Real Estate

Starting June 9th, you can relax by the river with various Blues Bands in

Rockford, Michigan this summer. Bring a blanket and enjoy!

The Rockford Area Arts Commission and the City of Rockford are presenting

the Huntington Rogue River Blues Series for 2009, sponsored by Huntington

Bank. This popular series brings gret local live music to Garden Club Park

downtown Rockford by the river most Tuesday evenings this summer.

The Place: Garden Club Park Stage located along the White Pine Trail near the Dam.

The Time: 7:00-9:00 pm

The 2009 Summer Concert Schedule:


Tuesday June 9, 2009 - Weezil Malone Band

Tuesday June 16, 2009 - Lynn Thompson Band

Tuesday June 23, 2009 - Root Doctor

Tuesday June 30, 2009 - James Reeser and the Backseat Drivers

Tuesday July 7, 2009 - Tomas Esparza Blues Experience

Tuesday July 14, 2009 - Steve Hilger Blues Band

Tuesday July 21, 2009 - Harper

After the Blues

Tuesday July 28, 2009 - Organissimo (Jazz)

Tuesday August 4, 2009 - The Concussions (Surf)

Tuesday August 11, 2009 - Delilah DeWylde and the Lost Boys (Honky Tonk)

Source: Rockford City News

Westbrook Realty ~ Grand Rapids Real Estate

Copyright 2009 all rights reserved

Current Real Estate Market Report ~ Rockford Michigan ~ May 2009

Current Absorption Rate for Rockford Michigan is 15 months

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

it will take 15 months to sell current inventory. Although this is a

9 mo. decrease from last month, inventory is still high.

If you aren't serious about selling your Rockford home, don't

put it on the market. If you have to sell, it must be priced correctly

and be in excellent condition with the huge inventory available,

buyers can be very picky.

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

Homes Less than $200,000 Since Jan 1, 2009 sold prices appear

to be still declining, even though 161 homes sold in

Rockford Public School District last month.

The over $200K market is rising in homes inventory but average

price per square foot seems to be stabilizing at $130/SqFt

.

258 Active Rockford MI Listings under $200,000

Sold Rockford Homes: 84

Pending Rockford Homes: 45

Average sold price $ 132,396

High Sold price $196,330

Low Sold price $40,000

Average Sold Price/SqFt $88.36

Over $ 200,000 Rockford MI Homes

232 Active Rockford MI Listings

Sold Rockford Homes 27

Pending Rockford Homes 5

Average Rockford List Price: $ 353,298

Average Rockford Sold Price: $ 308,656

Average Sold Price/SqFt $ 130.00

High Sold Price $ 585,000

Low Sold Price $200,000

Inventories have increased with the spring market and sales are

starting to take off in Rockford over the last month. The absorption

rate is 15 months, at least 6--9 months longer than a normal market .

It is imperative that you have your home in great condition and priced

correctly. Over-priced homes will not sell in this buyer's market

If you have any questions about a Rockford or

Grand Rapids MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Rockford Michigan Absorption Report ~ April 2009

Rockford Michigan Absorption Report ~ Feb 2009

Rockford Michigan Absorption Report ~ December 2008

Rockford Michigan Top Best Home Buys ~ April 2009

Rockford Michigan Video Tour

Grand Rapids -Ada Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Rockford Public Library - Downtown Rockford by Bonnie Westbrook

Rockford Michigan Real Estate Market Report April 2009

Current Absorption Rate for Rockford Michigan is 24.69 months

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

it will take 24.69 months to sell current inventory. This is a

slight increase since last month. If you don't need to sell

your Rockford home, don't put it on the market. If you have

to sell, it must be priced correctly and be in excellent condition

with the huge inventory available, buyers can be picky.

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

Homes Less than $200,000 Since Oct 1, 2008 sold prices are

still declining, even though 20 homes sold last month in Rockford

Public School District.

The over $200K market is starting to rise in average price and

price per square foot over the last month, though inventory is

still very high.

204 Active Rockford MI Listings under $200,000

Sold Rockford Homes: 87

Average sold price $ 135,626

High sold price $196,330

Low sold price $40,000

Average Sold Price/SqFt $87.67

Over $ 200,000 Rockford MI Homes

159 Active Rockford MI Listings

Sold Rockford Homes 16

Average Rockford List Price: $ 352,855

Average Rockford Sold Price: $ 346,500

Average Sold Price/SqFt $135.57

High Sold Price $ 515,000

Low Sold Price $200,000

Inventories are increasing with the spring market and sales are

slowing in Rockford over the last 7 months. The absorption

rate is extremely high at 24.69 months. It is imperative that you

have your home in great condition and priced correctly. Over-priced

homes will not sell in this buyer's market.

If you have any questions about a Rockford or

Grand Rapids MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Rockford Michigan Absorption Report ~ Feb 2009

Rockford Michigan Absorption Report ~ December 2008

Rockford Michigan Top Best Home Buys ~ April 2009

Rockford Michigan Video Tour

Grand Rapids -Ada Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Pebbles Park - Downtown Rockford by Bonnie Westbrook