Market Updates for Grand Haven Homeowners

Are you a current Grand Haven homeowner interested in what the real estate market is doing? Maybe you're considering selling your home and want to know if now is a good time. Or, you could be a homebuyer exploring the market to see what options are available to you. Whatever your reason for wanting to stay up-to-date on the latest Grand Haven real estate market news, we've got you covered!

In this blog post, we'll give you all the need-to-know information on what's happening in the Grand Haven real estate market. We'll cover things like recent home sales, average sale prices, days on market, and more. So whether you're a buyer, seller, or just curious about the state of the market, read on for all the details!

Home Sales in Grand Haven

There have been 485 homes sold inGrand Haven so far this year. This number is down slightly from last year's total of 503 homes sold. However, it's important to keep in mind that the ongoing pandemic has impacted both buyers' and sellers' willingness and ability to enter into transactions. So while we may not be seeing as many sales as we would in a typical year, the slowdown isn't necessarily indicative of long-term trends.

Average Sale Prices in Grand Haven

The average sale price for a home in Grand Haven is currently $410,967. This is up from last year's average sale price of $379,786. The increase in average sale prices can largely be attributed to low interest rates and increased demand for housing. As more people are working remotely full-time or looking for second homes outside of cities, areas like Grand Haven are becoming more desirable.

Days on Market in Grand Haven

The average days on market (the amount of time a home spends listed before being sold) in Grand Haven is currently just 26 days—which is almost equal to last years average of 28 days. 

Bullish Outlook Going Forward

Are you thinking of buying or selling a home in Grand Haven? We'd love to help! Our team of experienced local realtors knows the ins and outs of the Grand Haven real estate market—and we're here to help you every step of the way. Contact us today at 616-723-8729 or check out www.GRHomes.net.