Grand Rapids Market Activity Feb 2012. Sell Your Home. Real Estate Sale. Flat Fee MLS ListTrue.

Mar 29th 2012

Posted By: Grand Rapids @ 1:57pm In: Grand Rapids Real Estate

GRAR

GRAND RAPIDS ASSOCIATION OF REALTORS®

GRAND RAPIDS COMPARATIVE ACTIVITY REPORT

FEBRUARY, 2012

Note: This report reflects closed sales and current activity (sales written) in the following areas: Kent County, Georgetown and Jamestown Townships in southeastern Ottawa County, Ionia County, the 6 townships in northeastern Allegan County, and the northern half of Barry County (including all of Gun Lake).

	2012	2011	% Chg	# of Current Listings		Avg DOM
FEBRUARY New Listings	1,282	1,234	3.9%	Residential	4,030	138
New Listings YTD	2,429	2,381	2.0%	Multi-Family	168	150
				Vacant Land	1,718	431
				Total	5,916
				# of Months of Inventory of Homes Based on Pending Sales			4.5

February CLOSED Sales				2012					2011
		# of Units	% Chg	Volume	% Chg	Avg DOM		# of Units	Volume	Avg DOM
Residential		568	15.4%	63,633,756	12.6%	85		492	56,525,248	91
Multi-Family		26	-3.7%	2,247,174	106.8%	77		27	1,086,610	65
Vacant		23	76.9%	1,844,125	129.8%	167		13	802,500	137
Total All Sales		617	16.0%	67,725,055	15.9%			532	58,414,358

Year-to-Date CLOSED Sales				2012					2011
		# of Units	% Chg	Volume	% Chg			# of Units	Volume
Residential		1,117	7.3%	126,349,190	6.0%			1,041	119,240,682
Multi-Family		49	-2.0%	3,603,074	47.5%			50	2,442,510
Vacant		56	21.7%	3,877,915	36.7%			46	2,836,290
Total All Sales		1,222	7.5%	133,830,179	7.5%			1,137	124,519,482

Stats based on CLOSED Sales
		FEBRUARY				YEAR-TO-DATE
	2012	2011	% Chg			2012	2011	% Chg
Avg Home Sale	112,031	114,889	-2.5%			113,115	114,544	-1.2%
Avg Sale Overall	109,765	109,801	0.0%			109,517	109,516	0.0%

February Activity (Pending Sales)				2012					2011
		# of Units	% Chg	Volume	% Chg	Avg DOM		# of Units	Volume	Avg DOM
Residential		904	18.9%	113,631,648	37.0%	87		760	82,912,812	87
Multi-Family		30	-11.8%	1,629,625	-9.9%	98		34	1,807,781	75
Vacant		64	166.7%	3,306,099	84.4%	376		24	1,793,310	169
Total All Sales		998	22.0%	118,567,372	37.1%			818	86,513,903

Year-to-Date PENDING Sales				2012					2011
		# of Units	% Chg	Volume	% Chg			# of Units	Volume
Residential		1,701	9.2%	205,173,269	17.6%			1,557	174,454,433
Multi-Family		58	-6.5%	4,061,905	-4.2%			62	4,240,061
Vacant		93	75.5%	4,987,649	43.5%			53	3,474,860
Total All Sales		1,852	10.8%	214,222,823	17.6%			1,672	182,169,354

Stats based on PENDING Sales		FEBRUARY				YEAR-TO-DATE
	2012	FEBRUARY				YEAR-TO-DATE
	2012	2011	% Chg			2012	2011	% Chg
Avg Home Sale	125,699	109,096	15.2%			120,619	112,045	7.7%
Avg Sale Overall	118,805	105,763	12.3%			115,671	108,953	6.2%

2012 Sales of Residential Single Family Homes by Price Class
		February					YTD
	Closed	%	Pending	%		Closed	%	Pending	%
Under to 19,999	44	7.7%	40	4.4%		90	8.1%	94	10.4%
20,000 to 29,999	42	7.4%	58	6.4%		73	6.5%	100	11.1%
30,000 to 39,999	43	7.6%	51	5.6%		81	7.3%	103	11.4%
40,000 to 49,999	29	5.1%	54	6.0%		64	5.7%	111	12.3%
50,000 to 59,999	30	5.3%	49	5.4%		53	4.7%	95	10.5%
60,000 to 69,999	28	4.9%	54	6.0%		62	5.6%	100	11.1%
70,000 to 79,999	34	6.0%	56	6.2%		59	5.3%	101	11.2%
80,000 to 89,999	33	5.8%	54	6.0%		59	5.3%	96	10.6%
90,000 to 99,999	27	4.8%	54	6.0%		48	4.3%	93	10.3%
100,000 to 119,999	53	9.3%	79	8.7%		115	10.3%	162	17.9%
120,000 to 139,999	49	8.6%	87	9.6%		92	8.2%	163	18.0%
140,000 to 159,999	38	6.7%	56	6.2%		82	7.3%	104	11.5%
160,000 to 179,999	25	4.4%	47	5.2%		49	4.4%	83	9.2%
180,000 to 199,999	23	4.0%	34	3.8%		49	4.4%	69	7.6%
200,000 to 249,999	31	5.5%	53	5.9%		62	5.6%	97	10.7%
250,000 to 299,999	11	1.9%	27	3.0%		26	2.3%	46	5.1%
300,000 to 399,999	18	3.2%	26	2.9%		33	3.0%	44	4.9%
400,000 to 499,999	5	0.9%	10	1.1%		9	0.8%	19	2.1%
500,000 to 599,999	2	0.4%	4	0.4%		4	0.4%	6	0.7%
600,000 to 699,999	2	0.4%	6	0.7%		3	0.3%	9	1.0%
700,000 to 799,999	1	0.2%	3	0.3%		3	0.3%	4	0.4%
800,000 to 899,999	0	0.0%	1	0.1%		1	0.1%	1	0.1%
900,000 to 999,999	0	0.0%	0	0.0%		0	0.0%	0	0.0%
1,000,000 or over	0	0.0%	1	0.1%		0	0.0%	1	0.1%

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Sell Your Home Grand Rapids Grand Rapids Flat Fee MLS List.Me Home Selling Plan List.Pro Home Selling Plan List. Agent Home Selling Plan

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Sell Your Home Grand Rapids
Grand Rapids Flat Fee MLS
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