Market stats title over a bedroom with a wooden bed and snowy view through the windows.

Jan 2017 Market Updates

The real estate market in West Michigan is an extremely strong sellers market. The number of closed sales in January is up by 3% and increased volume by 12%. We are still experiencing a significant shortage of homes for sale on the market. Currently, there is 1.6 months of available properties. The preferred number is 5 to 6 months of inventory, which is the sweet spot that provides a good balance between a seller’s market and a buyer’s market. The average sales price in Kent County year-to-date is $190,978.

Recent Blog Posts

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Renovated brick home with tall ivory-framed windows, a covered oak-door entry, and an autumn maple beside a short concrete walk.

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