Kentwood MI Top Best Buy Homes Sept 2009

Posted on October 15, 2009 by Terry & Bonnie

Kentwood MI Top Best Buy Homes Sept 2009

We have gathered a list of the Top Best Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Please note: We will not be including Short Sale Properties

in our lists of Top Best Buys, if stated on MLS.

The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest prices/Sq Ft range from $30.11to $69.90 n

Kentwood this month.

Homes on the list this month are still at bargain prices, with

most less than $70 a square foot.

Kentwood & Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas. Nearly half of

the homes we researched this month were short sale properties

that will be coming on the market in the next 6-9 months as

foreclosure sales.

Short Sales are extremely difficult for most home buyers to

consider as a purchase. The time alone [3-9 months] of negotiating

with the banks makes it impossible for most buyers to consider.

September 2009 20 TOP BEST BUYS in Kentwood Homes

The lowest list price is $48,800

the highest list price is $179,900

Top Kentwood Homes to Buy by Price per Square Foot:

5545 Kalamazoo Ave $48,800 848 Sq Ft $57.55/SqFt

150 58th St SE $59,900 1007 Sq Ft $59.48/SqFt

5444 Eastern Ave $59,900 976 SqFt $61.37/SqFt

4705 Grantwood Ave $61,000 1454 Sq Ft $41.95/SqFt

2102 68th St SE $65,600 2179 Sq Ft $30.11/SqFt

36 58th St SE $69.900 1540 Sq Ft $67.21/SqFt

5891 Pine Vista St $69,900 1269 Sq Ft $55.08/SqFt

1124 Wavell St SE $69,900 1000 Sq Ft $69.90/SqFt

5916 Pine Vista St $79,900 1152 Sq Ft $69.36/SqFt

293 68th St SE $79,900 1152 Sq Ft $69.36/SqFt

1582 Marwood Dr $84,900 2047 SqFt $62.24/SqFt

5900 Brookfarm Dr $84,900 1416 Sq Ft $59.96/SqFt

439 Pine Place St $99,850 1750 Sq Ft $57.06/SqFt

110 Lurie St SE $104,900 1627 Sq Ft $64.47/SqFt

1024 52nd St SE $115,900 1932 Sq Ft $59.99/SqFt

5800 Buchanan Ave $139,784 2073 Sq Ft $67.43/SqFt

5848 Valley Lane Dr $139,900 2073 Sq Ft $68.38/SqFt

4546 Torrington Dr $169,900 2736 Sq Ft $62.10/SqFt

116 Edsel St St $ 179,900 3128 Sq Ft $62.51/SqFt

4533 Middlebury Dr $179,900 3050 Sq Ft $61.27SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

_____________________________________________

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. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Kentwood Michigan – Crystal Springs Neighborhood Real Estate Market Report Aug 2009

Posted on August 31, 2009 by Terry & Bonnie

Kentwood Michigan – Crystal Springs Neighborhood Real Estate Market Report Aug 2009

Crystal Springs Development in Caledonia, Michigan is a large,

residential suburban housing development that was started in the late 1980’s.

Most construction was finished in the 1990’s although some newer homes

have been built since 2000. There are also a few vacant lots left to develop.

This development covers a large area around the Stonewater Golf Course

at Crystal Springs south of 68th Street to 72nd Street and encompassing

Kalamazoo Avenue on the east and west. This development has single

family homes and condos, many located right on the Stonewater Golf Course.

The public school system is Kentwood, even though the address is Caledonia.

Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,

Kentwood High School, and a short hop to M-6, which is the south beltline for

the Greater Grand Rapids area connecting US 131 on the west and I96 on the

east side of the city.

August 2009 Real Estate Residential Market Report

Crystal Springs Neighborhood

Active Listings: 23 Active Listings

Average Price: $252,374

Price per Sq Ft: $105.83 (Main Floor only)

Average days on the Market: 172

PENDING: 6 homes

SOLD: 12 Sold Homes

Average Price: $ 245,825

Average Price Per Sq Ft: $ 95.77 (Main floor only)

Average Days on the Market: 155

Absorption Rate for Crystal Springs Listings is 5 months for the

current housing inventory. If no other homes enter the market,

it will take 5 months for the current homes to sell at the current

rate of sales.

Crystal Springs Homes that are priced competitively are selling.

As you can see by the statistics, the homes that have their price

per square foot around $100 are selling.

Sales have started to rebound in this neighborhood from last

year’s abysmal rates. Prices remain steady and haven’t fallen

this summer.

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia Michigan Real Estate Reports

Kentwood Michigan Real Estate Reports

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

___________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Top Best Buy Homes Kentwood Michigan ~ August 2009

Posted on August 27, 2009 by Terry & Bonnie

We have gathered a list of the Top Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest prices/Sq Ft range from $30.19 to $64.47 in

Kentwood this month.

Homes on the list this month are still at bargain prices, with

most at less than $60 a square foot.

Kentwood & Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas.

If you can afford to buy a home, fix it up and live in it for

10-15 years, you should be able to build equity.

August 2009 26 Top BEST BUYS in Kentwood Homes

The lowest list price is $26,000

the highest list price is $189,900

Top Kentwood Homes to Buy by Price per Square Foot:

125 Nancy St SE $26,000 768 Sq Ft $33.85/SqFt

114 71st St SW $30,900 864 Sq Ft $35.76/SqFt

1234 52nd St SE $50,000 1656 SqFt $30.19/SqFt

126 Dunkirk St SE $54,900 912 Sq Ft $60.20/SqFt

320 Nora St SE $57,900 1048 Sq Ft $55.25/SqFt

3685 Giddings Ave $59,900 1470 Sq Ft $40.75/SqFt

220 Majestic St SE $59,900 960 Sq Ft $62.40/SqFt

5443 Claudia Ave $59,900 975 Sq Ft $61.44/SqFt

176 56th St SW $65,000 1465 Sq Ft $44.37/SqFt

331 Nora St SE $69,900 1370 Sq Ft $51.02/SqFt

2102 68th St SE $73,800 2179 Sq Ft $33.87/SqFt

980 68th St SE $74,900 1164 Sq Ft $64.35/SqFt

68 Nancy St SE $74,900 1368 Sq Ft $54.75/SqFt

5459 Greenboro Dr $77,500 1900 Sq Ft $57.11/SqFt

5891 Pine Vista St $79,900 1269 Sq Ft $62.96/SqFt

5818 Pinetree Ave $81,900 2200 Sq Ft $37.23/SqFt

3394 32nd St SE $85,000 1696 Sq Ft $50.12/SqFt

835 Pembroke St SE $89,900 1508 Sq Ft $59.61/SqFt

1929 68th St. SE $90,000 1476 Sq Ft $60.98/SqFt

5393 Newcastle Dr $90,000 2696 Sq Ft $50.53/SqFt

439 Pine Place St $99,850 1750 Sq Ft $57.06/SqFt

110 Lurie St SE $104,900 1627 Sq Ft $64.47/SqFt

2528 Mapleview Ct $119,900 1992 Sq Ft $60.19/SqFt

1024 52nd St SE $122,900 1932 Sq Ft $63.61/SqFt

4675 Brooklyn Ave $134,900 2817 Sq Ft $63.78/SqFt

4533 Middlebury Dr $189,900 3050 Sq Ft $62.26/SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Kentwood Michigan Real Estate Blogs

Grand Rapids Ada Real Estate ~ Westbrook Realty

All information is subject to verification & no liability for

omission or error is assumed.

Kentwood Michigan Real Estate Market Report ~ July 2009

Posted on August 10, 2009 by Terry & Bonnie

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are seeing some price recovery from last month’s figures

and the overall summer activity is high. Kentwood has one of

the lowest absorption rates in the area.

Foreclosures and short sales are still affecting the average

market price here as Grand Rapids has seen jobs disappear.

The homes under $ 150K in Kentwood are seeing about 70% of the

overall sales. The homes over $150K may be priced too high for

today’s timid buyers (many of them think prices will erode still

further) or it could be condition. Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity. And if you still have the old carpeting,

you will need to upgrade or lower your price if you want

to see a sold sign this year. We are seeing serious buyers

vying for the best homes on the market with multiple offers.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 547 home sales: avg sold price:$ 99,354

Home sales for Kentwood – Up to $150,000:

153 Active Listings with Avg price $ 124,754

139 sold since May 1, 2009

Avg sold price $108,847

Avg Days on Market – 87

Home sales for Kentwood – $150,001 UP:

70 Active Listings with avg price of $ 189,463

29 sold since May 1, 2009 Low: $150,195 High: $232,000

Avg sold price $150K+ = $168,976

Avg Days on Market – 138

Kentwood Absorption Rate for this price range is 4 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 4 months to sell the active listed

homes). This is down from last month, which is great news,

though the average sold prices on the lower end are going up

slightly and average price on upper end is going down. I would

assume this is due to bank foreclosures and short sales which

have driven down home price averages for most of Kentwood.

Kentwood Michigan Top Best Buy Homes July 2009

Kentwood Michigan Absorption Report June 2009

Kentwood Michigan Real Estate Information

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Top Best Buy Homes Kentwood Michigan ~ July 2009

Posted on July 28, 2009 by Terry & Bonnie

We have gathered a list of the Top Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest prices/Sq Ft range from $37.63 to $57.06 in

Kentwood this month.

Homes on the list this month are still bargain

prices at an average price of less than $50 a square foot.

Kentwood & Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas.

July 2009 18 Top BEST BUYS in Kentwood Homes

The lowest list price is $44,900

the highest list price is $125,000

Top Kentwood Homes to Buy by Price per Square Foot:

1509 Kendall St $54,900 1500 Sq Ft $51.26/SqFt

3685 Giddings Ave $69,900 1470 Sq Ft $47.55/SqFt

320 Nora St SE $57,900 1048 Sq Ft $55.25/SqFt

2705 Ridgemoor Dr $ 60,000 1505 Sq Ft $39.87/SqFt

68 Nancy St SE $74,900 1368 Sq Ft $54.75/SqFt

3394 32nd St SE $85,000 1696 Sq Ft $50.12/SqFt

5034 Marwood Ct $84,000 1968 Sq Ft $42.68/SqFt

5393 Newcastle Dr $90,000 2696 Sq Ft $50.53/SqFt

439 Pine Place St $99,850 1750 Sq Ft $57.06/SqFt

5818 Pinetree Ave $89,900 2200 Sq Ft $40.86/SqFt

5733 Averill Ave SW $44,900 1096 Sq Ft $40.97/SqFt

5772 Crippen Ave $49,900 1200 SqFt $41.58/SqFt

2102 68th St. SE $82,000 2179 Sq Ft $37.63/SqFt

3750 Breton Rd SE $79,500 1651 Sq Ft $48.15/SqFt

2540 Mapleview St $89,900 1582 Sq Ft $56.83/SqFt

972 Bellewood Dr $118,500 2511 Sq Ft $47.19/SqFt

1329 Meadowlane $119,900 2192 SqFt $54.70/SqFt

2237 Bentbrook Ct $125,000 2772 Sq Ft $45.09/SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

All information is subject to verification & no liability for

omission or error is assumed.

Kentwood Michigan Real Estate Market Report ~ June 2009

Posted on July 5, 2009 by Terry & Bonnie

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing a small price erosion from last month’s figures,

again this month, though the spring activity is high. Foreclosures are

still affecting the average market price here as Grand Rapids has seen

jobs disappear.

The homes under $ 150K in Kentwood are seeing about 70% of the

overall sales of Kentwood homes. The homes over $150K may be

priced too high for today’s timid buyers (many of them think prices

will erode still further) or it could be condition. Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity. And if you still have the light blue carpeting,

you will need to upgrade or lower your price if you want to see a

sold sign this year.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 462 home sales: avg sold price:$ 102,268

Home sales for Kentwood – Up to $149,999:

150 Active Listings with Avg price $ 126,875

139 sold since January 2009

66 Pending sales

Avg sold price $96,722

Avg Days on Market – 88

Home sales for Kentwood – $150,000 UP:

74 Active Listings with avg price of $ 189,463

25 sold since January 2009 Low: $150,000 High: $925,000

7 Pending Sales

Avg sold price $150K+ $204,449

Avg Days on Market – 143

66 Expired Listings with Avg DOM of 192 days

Kentwood Absorption Rate for this price range is 5.67 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 5.67 months to sell the active listed

homes). This is down from last month, which is good news, though

the average prices on the lower end are still going down. I would

assume this is due to bank foreclosures and short sales which have

driven down home price averages for most of Kentwood.

Kentwood Michigan Top Best Buy Homes June 2009

Kentwood Michigan Absorption Report May 2009

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Best Buy Homes Kentwood Michigan June 2009

Posted on June 17, 2009 by Terry & Bonnie

We have gathered a list of the Top Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest prices/Sq Ft range from $25.25 to $55.93 in

Kentwood this month.

Homes on the list this month are still bargain

prices. Kentwood & Wyoming have been hit hard by the

automotive shutdowns and subsequent job losses.

June 2009 BEST BUYS in Kentwood Homes

The lowest list price is $34,900

the highest list price is $103,900

Top Kentwood Homes to Buy by Price per Square Foot:

6654 Andale SW $ 60,000 1548 Sq Ft $48.08/SqFt

2261 76th St SE $ 49,900 1620 Sq Ft $30.80/SqFt

6410 College Ave SE $ 90,000 1760 Sq Ft $51.14/SqFt

1509 Kendall St $59,900 1500 Sq Ft $55.93/SqFt

3685 Giddings Ave $69,900 1470 Sq Ft $47.55/SqFt

1681 52nd St SE $ 34,900 1382 Sq Ft $25.25/SqFt

35 Maplelawn St SE $ 39,900 792 Sq Ft $50.38/SqFt

311 Nora St SE $44,000 960 Sq Ft $45.83/SqFt

2705 Ridgemoor Dr $ 60,000 1505 Sq Ft $39.87/SqFt

68 Nancy St SE $74,900 1368 Sq Ft $54.75/SqFt

1612 Sunny Creek $82,500 2367 Sq Ft $56.51/SqFt

3394 32nd St SE $85,000 1696 Sq Ft $50.12/SqFt

5034 Marwood Ct $89,000 1968 Sq Ft $45.12/SqFt

5393 Newcastle Dr $90,000 2696 Sq Ft $50.53/SqFt

439 Pine Place St $99,850 1750 Sq Ft $57.06/SqFt

1049 Springwood Dr $99,900 2200 Sq Ft $45.41/SqFt

5818 Pinetree Ave $103,900 2200 Sq Ft $47.23/SqFt

5713 Haughey Ave $ 35,900 768 Sq Ft $46.74/SqFt

5733 Averill Ave SW $49,900 1096 Sq Ft $45.53/SqFt

5772 Crippen Ave $56,900 1200 SqFt $47.42/SqFt

5810 Averill Ave $64,000 1306 Sq Ft $49.00/SqFt

5706 Averill Ave $69,400 1350 Sq Ft $51.41/SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

All information is subject to verification & no liability for

omission or error is assumed.

Best Buy Homes Grand Rapids Township Michigan June 2009

Posted on June 17, 2009 by Terry & Bonnie

We have gathered a list of the top Grand Rapids Township Houses

to buy based on price per square foot. An added bonus, these

Grand Rapids Township Homes are in East Grand Rapids or

Forest Hills Public School system. If you are new to the Grand Rapids

area, Grand Rapids Township taxes are lower than East Grand Rapids,

Grand Rapids, or Ada Township.

**Please note that this list can change daily as some homes sell,

prices are adjusted and other homes come on the market. Check

back often or just subscribe to our blog to get up-to-date local

real estate information that you want to know.

Meijer Gardens Entrance Grand Rapids Township MI

The total square footage is noted here, although only the

main floors are used to figure price per square foot.

Grand Rapids Township:

Lowest price per Sq Ft $54.73

Highest price per Sq Ft $157.75

June 2009 BEST BUY GR Township Homes

Highest list price is $ 139,900

Lowest list price is $57,900

Top Best Buy GR Township Homes by Price per Square Foot:

4198 Knapp Ct $ 57,900 1200 SqFt $ 57.90/SqFt

2493 Dunnigan Ave $74,000 1352 Sq Ft $54.73/SqFt

2056 Galahad St $104,900 1500 SqFt $ 87.42/SqFt

2847 Winesap Ave $150,000 1505 Sq Ft $ 96.33/SqFt

222 Elmer St $109,900 1600 SqFt $112.03/SqFt

68 Elmhurst Dr $114,900 1322 SqFt $114.90/SqFt

1874 Leffingwell $119,900 1650 SqFt $80.47/SqFt

3500 Vineyard Ave $124,900 1347 SqFt $113.55/SqFt

943 Patterson Ave $129,900 1480 SqFt $110.55/SqFt

4382 Knapp Ct NE $130,000 1368 SqFt $95.03/SqFt

1150 Farnsworth $139,450 1600 SqFt $157.75/SqFt

1039 Eastmont Dr $139,900 1848 SqFt $133.49/SqFt

In this area of Grand Rapids, as well as others, there are few

really great home bargains left on the market. If you have been

waiting for prices to start climbing and inventory to shrink, the

time appears to be here.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

If you have questions about Grand Rapids Township or Grand

Rapids homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Grand Rapids -Ada Real Estate – Westbrook Realty

Photo of Frederick Meijer Gardens Entrance by Bonnie Westbrook

Kentwood Michigan Absorption Report ~ May 2009

Posted on May 25, 2009 by Terry & Bonnie

Kentwood Michigan Real Estate Market Report ~ May 2009

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing a small price erosion from last month’s figures,

again this month, though the spring activity is high. Foreclosures are

still affecting the average market price here as Grand Rapids has seen

jobs disappear.

The homes under $ 150K in Kentwood are seeing 5-6 times the

sales of the homes over $150K. The homes over $150K may be

priced too high for today’s timid buyers (many of them think prices

will erode still further) or it could be condition. Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity. And if you still have the light blue carpeting,

you will need to upgrade or lower your price if you want to see a

sold sign this year.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 335 home sales: avg sold price:$97,340

Home sales for Kentwood – $70,000 to $149,999 price range:

142 Active Listings with Avg price $ 126,875

77 sold since January 2009

38 Pending sales

Avg sold price $70K-150K $110,473

Avg Days on Market – 88

Home sales for Kentwood – $150,000 to $400,000 price range:

86 Active Listings with avg price of $ 182,999

12 sold since January 2009

6 Pending Sales

Avg sold price $151K-400K $176,707

Avg Days on Market – 129

50 Expired Listings with Avg DOM of 129 days

Kentwood Absorption Rate for this price range is 8.5 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 8.5 months to sell the active listed

homes). This is down from last month, which is good news.

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Top Home Buys Kentwood Michigan ~ May 2009

Posted on May 20, 2009 by Terry & Bonnie

We have gathered a list of the Top Kentwood Home

Buys. Please note: This list can change daily as some

homes sell, prices are adjusted and other homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

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The total square footage is noted here, although only the

main floors are used to figure price per square foot. The

lowest price/Sq Ft range from $26.26 to $56.82 in

Kentwood this month.

Two fewer homes on the list this month but still bargain

prices. Kentwood & Wyoming have been hit hard by the

automotive shutdowns and subsequent job losses.

May 2009 BEST BUYS in Kentwood

The lowest list price is $29,900

the highest list price is $103,900

Top Kentwood Homes to Buy by Price per Square Foot:

50 Hyacinth St SW $ 29,900 740 Sq Ft $40.41/SqFt

213 Marcus St SW $ 69,900 1446 Sq Ft $48.34/SqFt

145 Roth St SE $ 36,000 1371 Sq Ft $26.26/SqFt

6654 Andale SW $ 70,000 1548 Sq Ft $56.09/SqFt

6410 College Ave SE $100,000 1760 Sq Ft $56.82/SqFt

3685 Giddings Ave $79,900 1470 Sq Ft $54.35/SqFt

56 58th St SE $35,200 922 Sq Ft $38.18/SqFt

4850 Raymond SE $37,800 1000 Sq Ft $37.80/SqFt

35 Maplelawn St SE $ 39,900 792 Sq Ft $50.38/SqFt

1234 52nd St SE $ 50,000 1656 Sq Ft $30.19/SqFt

2705 Ridgemoor Dr $ 60,000 1505 Sq Ft $39.87/SqFt

1824 Gerda St $84,900 1874 Sq Ft $53.94/SqFt

3394 32nd St SE $85,000 1696 Sq Ft $50.12/SqFt

2540 Mapleview St $89,900 1582 SqFt $56.83/SqFt

5393 Newcastle Dr $90,000 2696 Sq Ft $50.53/SqFt

1049 Springwood Dr $99,900 2200 Sq Ft $45.41/SqFt

5277 Christie Ave $99,900 1980 Sq Ft $50.45/SqFt

5818 Pinetree Ave $103,900 2200 Sq Ft $47.23/SqFt

5733 Averill Ave SW $54,900 1096 Sq Ft $50.09/SqFt

5722 Crippen Ave $65,900 1200 SqFt $54.92/SqFt

5706 Averill Ave $72,400 1350 Sq Ft $53.63/SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

All information is subject to verification & no liability for

omission or error is assumed.

Grand Rapids Real Estate

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Category Archives: Kentwood Michigan Real Estate

Kentwood MI Top Best Buy Homes Sept 2009