Monthly Market Snapshot – West Michigan Communities

Welcome to your monthly snapshot of the local real estate market! Here, you’ll find up-to-date data for Grand Haven, Spring Lake, Norton Shores, Fruitport, and Muskegon — the communities I specialize in. Whether you’re buying, selling, or just curious about the market, these numbers give you a clear picture of what’s happening right now.

Knowing the market is the first step to making smart decisions — whether it’s pricing your home to sell, finding a property with potential, or planning a renovation before buying or selling. Below the market snapshots you can find information on how to read the snapshot!

See How This Impacts My Home!

Why This Snapshot Helps You

  • Make smarter decisions: Know if now is the right time to buy, sell, or invest.

  • Spot opportunities: I can help identify homes with renovation potential or areas likely to appreciate.

  • Avoid surprises: Understand market trends so you’re prepared and confident.

💡 Ready to see how these numbers affect your home or next purchase?
Reach out for a personalized consultation — I’ll help you navigate the market with confidence and spot opportunities others might miss.

Key Terms:

📊 Months of Inventory

  • This measures how long it would take to sell all the homes currently on the market at the current sales pace.

  • Why it matters: Low inventory = competitive market for buyers. High inventory = more choices and negotiating power. Understanding this helps you know when to act quickly or when you can wait.

💰 Sold-to-List Price Ratio

  • Shows how close homes are selling to their listing price.

  • Why it matters: A ratio near 100% means homes are selling for asking price — strong seller’s market. Below 100%? Buyers may have room to negotiate. This helps both buyers and sellers price correctly and make confident offers.

⏱ Median Days on Market

  • The median number of days it takes for a home to go under contract.

  • Why it matters: Shorter times = fast-moving market, you need to be ready. Longer times = more opportunity to carefully consider homes or pricing strategies. Knowing this prevents surprises and helps you plan your buying or selling timeline.

🏡 Median Sold Price

  • The middle price of all homes sold in a given area.

  • Why it matters: Gives you a realistic sense of what homes are actually selling for, not just listing prices. This helps buyers know what budget is realistic and sellers price competitively while maximizing value.