Q: John – Why do you look at last month? That’s done and closed…

A: Looking back over the last 30 days and comparing that to last year and year-to-date numbers helps to look for trends and therefore provides insight into how the market is trending.

When comparing Nov ’24 to Nov ’23 we see that the median sales price is up 7.21% and that the average number of listing is up 15.77% over that of last year. Average days on market are up from 18 days on market to about 20 now. Total number of sales in the Grand Rapids market (chosen as an example market to focus on) shows average number of sales up 2.36% (meaning about 2% total number of houses sold this year over last year.) This makes sense given the continued strong demand and one of the largest factors to reduced sales numbers has been lower inventory. With the inventory now coming on board, more sales are expected.

Now…how can use these trends to your advantage? Cue the 12 month market trend report….

As a seller – what can you do? Take advantage of the “winter sweet spot.” In a rising inventory environment, the finding every advantage is key. This approach is not for everybody and it not a good fit for all property types but for the chosen few- the advantage is real.

Is this approach right for you? Take advantage of our FREE on-site review (we come to you) and we can help you put together the best plan. The best time to plan (especially with this time sensitive approach) is RIGHT NOW ! 🙂

Our on-site review has been a VERY popular feature among our clients. During our review we cover a tailored program to fit your needs including:

  • What needs to be done: Review the current house/property and anything that needs to be done before selling.
  • Transitioning: Suggestions on how to handle the transitioning into a new space.
  • The new space: what are you looking for in your new space and how can you obtain that goal.
  • Timing: what timing is best to fit your life and make the most of market.
  • Numbers: How will the market respond to your current space and what do the numbers look like both for selling your current space and for the new space?

Interested in the full report from November? Find it here:

Market Trends Report | NOVEMBER 2024

We would love to hear from you!

Let’s connect and get you on the path to success!

A few words from our clients:
We moved to the Grand Rapids area 11 years ago and John was very patient as we found our first home and made the experience absolutely seamless! When we were ready to sell and buy again we knew to reach out to John. As we remembered and appreciated, John is an absolute professional and was and advocate for our best interests at all times during this wild market. We found great value in our new home and he helped us get top dollar for our sale. Grateful to have him on our side though the whole process. You won’t be disappointed!
Lance W
We have worked with John to sell 1 home and buy 2 homes and he is an incredible realtor! He is professional, prompt with communication, honest and patient. We had quite the list for what we were looking for and John was always available to answer questions and get us in to look at a home. His knowledge and connections in the industry made both the buying and selling process go smoothly. We simply cannot recommend John enough!
Chase and Nicole O
We can’t say enough good things about John. He is an awesome realtor! We bought our home with his help and just recently sold it with his help. He is highly knowledgeable about the Grand Rapids area market and his expertise and professionalism has shown through both times we worked with him...John is a wonderful communicator and a genuine person. His sincerity has been evident in his commitment to making the purchase and sale experience as seamless and informed as possible. We consider ourselves incredibly fortunate to have worked with John and strongly recommend him without reservation!
E&T VanBuskirk
Purchased and sold with John, he is: Professional, an extremely good communicator, precise, and acted on our behalf 24/7. He kept us up to date on listings for purchase and preparation advice for selling our home. He was knowledgeable about neighborhoods. Photography for sale of our house was impressive. We were appreciative of the guidance regarding making offers, inspections, when to list our home, writing contracts, detailed review and presentation of offers on our home and being realistic about our purchase of new home. Great experience, Great Realtor.
J&G Junod
We have worked with John multiple times now, both buying and selling homes. We 100% recommend him and he’ll always be our go-to realtor for any future real estate needs. John is experienced in the industry and well-known and respected. He is extremely professional and knowledgeable, on top of being an all-around nice guy. He is responsive and answered all of our questions along the way. We asked John for several referrals for other services (lender, cleaner, etc.) and we were very happy with all his suggestions. John is honest and will listen to your concerns/opinions. He is never pushy, but gives great advice based on his years of experience. We are so thankful for the guidance we received from John to make our recent home buying and selling experience successful and quick! If you need a realtor, call John.
G&E Webb
John helped us sell our house when we moved out of Grand Rapids 3 years ago and recently helped us purchase a new house when we moved back. He is very professional and knowledgeable of the area and market. I would recommend him to anyone looking to buy or sell.
S&K Weber
It was a wonderful experience working with John. His professionalism, honesty, experience, and knowledge of the Grand Rapids market, helped us in multiple ways. John sold our home in one day, was honest about what we could expect from offers, and was spot on. As we progressed toward finding our new home, again, he was extremely knowledgeable about the neighborhoods, home values, and history of the homes. We are more than happy to say, that he helped us find our dream home within our budget! Anything I needed, he was there through emails, texts, or phone calls. He definitely put in a lot of work for us. Without a doubt, I will ask for his assistance again when the time comes. Thank you John!
T&A Lascari
John Rice is hands down one of the best realtors in the Grand Rapids and surrounding areas. We have utilized him as our realtor on two separate occasions, once over 10 years ago, and again over the last several months to buy/sell. He is incredibly knowledgeable and uses his expertise to help guide you in your choices throughout the realty process. He is professional, kind, has impeccable attention to detail, responsive, and clearly loves what he does. Choose John for your realty needs…he is the best of the best!
Amanda W