Here's the latest market reports as reported through the Grand Rapids Association of Realtors (GRAR) board.

Information is based January - July 2007 and compares this year with last year.  If you have any questions, please feel free to contact me.

Single Family and Condo Report

Price                                             #Sold through

                                                              August

           $0 to $  99,999                   1787 

$100,000 to $199,999                     3474

$200,000 to $299,999                      800

$300,000 to $399,999                      260

$400,000 to $499,999                       92

$500,000 and over                          104

New Listings Jan - August

2007                   2006

24,883               24,339

Total Sales

2007                      2006

8,044                  8,494

Average Home Price

2007                      2006

$156,000            $161,600

Be sure to continue watch for the real estate market updates on a monthly basis.