#low-inventory

#low-inventory

Nearly half of Grand Rapids, MI metro home sellers reduced asking prices during the week ending Nov. 14, 2025, while the market maintained its position as one of Michigan's fastest-moving housing markets with homes selling 21 days quicker than the state average. The aggressive pricing strategy appears to be working. The metro absorbed 189 homes during the week, up 14.5% from 165 homes during the same period last year. Properties sold in a median 42 days compared to 63 days statewide and 77 days nationally.