How Do Seller Concessions Work When Buying a Home in Grand Rapids?
Wondering how seller concessions actually work when buying a Grand Rapids home? Here’s what local buyers need to know about what concessions cover and how to use them.
Wondering how seller concessions actually work when buying a Grand Rapids home? Here’s what local buyers need to know about what concessions cover and how to use them.
In the current market, buyers are making offers on homes that reflect their value, while those that are overpriced are being overlooked. Sellers should pay close attention to how quickly their listings are receiving interest. Market Snapshot Active Listings: 31 Pending / Under Contract: 3 Homes Sold: 3 Average List Price: $423,416 Average Sold Price:…
Buyers are moving on homes that are priced correctly. Those homes are getting attention quickly, while properties that feel high for their condition are sitting. The first few days on market are crucial. Market Snapshot Active Listings: 120 Pending / Under Contract: 11 Homes Sold: 15 Average List Price: $660,227 Average Sold Price: $465,453 Sale-to-List…
Buyers are currently focusing on homes that represent good value, often writing offers on properties that meet their expectations. Conversely, homes priced higher than their condition warrant are being overlooked. Market Snapshot Active Listings: 117 Pending / Under Contract: 8 Homes Sold: 8 Average List Price: $953,019 Average Sold Price: $729,069 Sale-to-List Price Ratio: 0.92…
This week’s market in East Grand Rapids has seen limited transactions, with just one home sold while the inventory remains robust. Buyers are showing strong interest, as indicated by the favorable sale-to-list price ratio, suggesting a competitive environment. Market Snapshot Active Listings: 24 Pending / Under Contract: 6 Homes Sold: 1 Average List Price: $1,171,458…
Grand Rapids real estate market report for September 27, 2026, covering active listings, pending activity, pricing, and days on market.
Buyers are moving on homes that are priced correctly. The right listings are getting offers quickly, while those that feel high for their condition are getting passed over. This shows that buyers are being selective and responding to value. Market Snapshot Active Listings: 112 Pending / Under Contract: 11 Homes Sold: 12 Average List Price:…
In Jenison, buyers are currently writing offers on homes that are reasonably priced, while those that feel high for their condition are being skipped. Sellers should take note that homes priced right are receiving attention, whereas those that miss on price are sitting longer. Market Snapshot Active Listings: 29 Pending / Under Contract: 6 Homes…
Buyers are currently focused on homes that offer good value. Many are submitting offers on properties that are priced competitively, while overlooking listings that appear overpriced for their condition. Sellers should ensure their homes are in good shape to attract attention. Market Snapshot Active Listings: 111 Pending / Under Contract: 10 Homes Sold: 7 Average…
This week, Grand Rapids is showing resilience in its real estate market, highlighted by 376 active listings and 27 homes sold. Buyers are taking their time, with homes averaging just 18 days on the market. Overall, this indicates a selective approach from potential purchasers. Market Snapshot Active Listings: 376 Pending / Under Contract: 35 Homes…