June Listing and Sales Stats

Greater Regional Alliance of Realtors analyzed listings and sales for the month of JUNE and discovered the following for the Greater Grand Rapids
Metropolitan Area:
· Months of available inventory: 1.3
· Average days on market for single family homes (pending sales): 21
· Average days on market for multi-family homes (pending sales): 14
· Average days on market for vacant land (pending sales): 269
· Average sale price (single family homes, closed sales): $240,170 –
This is an 8.1% increase over the same period last year.

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