Kentwood Michigan Real Estate Market Report Oct-Dec 2012

Kentwood Michigan Real Estate Market April-Sept 2012

Kentwood Michigan is a large suburban city southeast of Grand

Rapids, population under 50,000. It has manufacturing, shopping centers,

and lots and lots of residential housing. Kentwood Public Schools are

one of the largest school systems in the area with over 9000 students

and 16 buildings within a 24.25 square mile area.

2012 4th Quarter Real Estate Market Activity

Kentwood Current Listings = 63

Pending & Sold Kentwood Listings = 217

Average List price – $116,340

Average Time on Market = 68-82 days

Average Sold Price = $ 111,960

The home inventory in Kentwood is at very low levels. This hasn’t

affected average sold price yet but we predict it soon will. As soon as the

spring buying season gets into full gear, quality homes that are listed at

a competitive price shouldn’t last long on the market. Still seeing a slight

decrease in average sale price, but the range of homes is from $ 18,000 to

$ 437,500 in this Grand Rapids suburban community, with the majority

in the mid-to-lower price ranges.

With not many homes for competition, this is a perfect time to consider

putting your Kentwood home on the market. Give Terry a call today,

he can discuss pricing, staging, and sales strategies to get the most

for your property.

More Kentwood Michigan Articles:

SEARCH for Bank Owned – Short Sale Kentwood Homes

Real Estate is always hyper-local. If you have questions about

any Kentwood home, please contact Terry.

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. We believe: Grand Rapids is a Great Place to Live!

Contact Terry 616-292-7263

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