Real Estate Absorption Report Kentwood Michigan April 2009

Posted on April 20, 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 teeny price erosion from last month’s figures,

again this month.

The homes under $ 150K in Kentwood are seeing the 4-5 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 gold shag 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 233 home sales: avg sold price:$92,789

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

141 Active Listings with Avg price $ 126,911.

116 sold since September 2008

40 Pending since last month

Avg sold price $70K-150K $112,369

Avg Days on Market – 103

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

94 Active Listings with avg price of $ 184,422

27 sold since September 2008

5 Pending Sales

Avg sold price $151K-400K $182,374

Avg Days on Market – 115

111 Expired Listings with Avg DOM of 181 days

Kentwood Absorption Rate for this price range is 10 months,

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

on the market, it will take 10 months to sell the active listed

homes).

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 Ada Real Estate ~ Westbrook Realty

Top Best Buys ~ Kentwood Michigan Condos ~ April 2009

Posted on April 15, 2009 by Terry & Bonnie

We have gathered a list of the top Kentwood Condo

Homes based on price per sq ft. 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 kitchens, baths & mechanicals.

*Some of these homes may be bank owned foreclosures

and not habitable as is or available for a mortgage in

present condition.*

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

price/Sq Ft range from $33.56 to $63.86 for Kentwood Condos.

April 2009 BEST BUY Condo Homes in Kentwood

Lowest list price is $34.900

highest list price is $89,900

The Top Kentwood Condos to Buy by Price per Square Foot:

268 Carriage Ln SW $ 69,900 1150 Sq Ft $60.78/SqFt

4161 W Saxony Dr SE $ 39,000 1190 Sq Ft $32.77/SqFt

1463 N Saxony Dr SE $50,000 1890 Sq Ft $33.56/SqFt

4165 W Saxony Dr $ 64,900 1750 Sq Ft $51.02/SqFt

4137 E Saxony Dr SE $ 89,900 1847 Sq Ft $59.81/SqFt

648 Andover St SE $34,900 605 SqFt $57.69/SqFt

728 Andover St SE $ 42,750 720 Sq Ft $59.38/SqFt

670 Andover St SE $ 47,000 736 Sq Ft $63.86/SqFt

910 Andover Ct SE $ 43,950 870 Sq Ft $50.52/SqFt

5161 SouthGlow Ct $ 49,000 870 Sq Ft $56.32/SqFt

3893 Villa Montee $49,900 854 Sq Ft $58.43/SqFt

5665 Leisure S #15 $ 54,500 896 Sq Ft $60.83/SqFt

826 Andover Ct SE $ 49,900 870 Sq Ft $57.36/SqFt

5682 Leisure S $54,900 896 Sq Ft $61.27/SqFt

5643 Leisure S $56,500 896 Sq Ft $63.06/SqFt

5125 SouthGlow Ct $55,000 870 Sq Ft $63.22/SqFt

5750 Leisure S #112 $ 54,900 960 Sq Ft $57.19/SqFt

2864 32nd St SE $ 59,900 1100 Sq Ft $54.45/SqFt

3259 Piccadilly Cir $ 74,900 1680 Sq Ft $44.58/SqFt

4299 Walnut Hills#21 $ 67,000 1886 Sq Ft $45.09/SqFt

3362 Pine Meadow $ 85,000 1343 SqFt $63.29/SqFt

2514 Bridgeport Ln $75,000 1650 Sq Ft $45.45/SqFt

3380 Pine Meadow $75,000 1343 Sq FT $55.85/SqFt

*Some of these homes may be bank owned foreclosures and not

habitable as is or available for a mortgage in present condition.*

If you would like a list of top best buys in your area, please

Grand Rapids Ada Real Estate ~ Westbrook Realty

Top Best Home Buys ~ Kentwood Michigan ~ April 2009

Posted on April 14, 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 price/Sq Ft range from $27.16 to $57.33 in

Kentwood this month.

April 2009 23 BEST BUYS in Kentwood

The lowest list price is $25,800 and the highest list price is

$189,000

Top Kentwood Homes to Buy by Price per Square Foot:

44 Violet St SW $ 25,800 774 Sq Ft $33.33/SqFt

6729 College Ave SE $ 35,200 1296 Sq Ft $27.16/SqFt

6445 College SE $49,900 1008 Sq Ft $49.50/SqFt

1132 60th St SE $ 50,000 986 Sq Ft $50.71/SqFt

6470 Paris Ave SE $59,900 1685 Sq Ft $35.55/SqFt

26 Marcus St SW $50,000 1472 Sq Ft $33.97/SqFt

1209 Langley St SE $65,700 1383 Sq Ft $47.51/SqFt

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

56 58th St SE $39,600 922 Sq Ft $42.95/SqFt

4850 Raymond SE $43,200 1000 Sq Ft $43.20/SqFt

5670 Jefferson Ave $43,400 962 Sq Ft $45.11/SqFt

136 Nancy St SE $ 54,900 1680 Sq Ft $35.68/SqFt

5852 Pine Vista St $57,900 1846 Sq Ft $55.35/SqFt

320 Nora St SE $59,900 1048 Sq Ft $57.16/SqFt

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

5891 Pine Vista St $70,000 1269 Sq Ft $55.16/SqFt

5543 Edgelawn Dr $90,000 1666 Sq Ft $54.02/SqFt

439 Pine Place St SE $ 99,850 1750 Sq Ft $57.06/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 $117,900 2200 Sq Ft $53.59/SqFt

4533 Middlebury Dr $189,900 3453 Sq Ft $55.00/SqFt

5706 Averill Ave $77,400 1350 Sq Ft $57.33/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.

Top Best Buys in Kentwood Michigan Condos ~ March 2009

Posted on March 15, 2009 by Terry & Bonnie

We have gathered a list of the top Kentwood Condo

Homes based on price per sq ft. 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 kitchens, baths & mechanicals.

*Some of these homes may be bank owned foreclosures

and not habitable as is or available for a mortgage in

present condition.*

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

price/Sq Ft range from $33.56 to $63.86 for Kentwood Condos.

March 2009 BEST BUY Condo Homes in Kentwood

Lowest list price is $29,900

highest list price is $109,900

The Top Kentwood Condos to Buy by Price per Square Foot:

268 Carriage Ln SW $ 69,900 1150 Sq Ft $60.78/SqFt

4121 W Saxony Dr SE $ 44,100 1292 Sq Ft $34.13/SqFt

4348 Norman Dr#108 $29,900 801 Sq Ft $37.33/SqFt

1463 N Saxony Dr SE $50,000 1890 Sq Ft $33.56/SqFt

4165 W Saxony Dr $ 64,900 1750 Sq Ft $51.02/SqFt

4137 E Saxony Dr SE $ 89,900 1847 Sq Ft $59.81/SqFt

648 Andover St SE $34,900 605 SqFt $57.69/SqFt

728 Andover St SE $ 42,750 720 Sq Ft $59.38/SqFt

670 Andover St SE $ 47,000 736 Sq Ft $63.86/SqFt

910 Andover Ct SE $ 47,900 870 Sq Ft $55.06/SqFt

5161 SouthGlow Ct $ 49,000 870 Sq Ft $56.32/SqFt

826 Andover Ct SE $49,900 870 Sq Ft $57.36/SqFt

832 Andover Ct SE $ 49,900 870 Sq Ft $57.36/SqFt

5809 Leisure S Dr $ 55,000 896 Sq Ft $61.38/SqFt

856 Andover Ct SE $ 49,900 870 Sq Ft $57.36/SqFt

5125 SouthGlow Ct $55,000 870 Sq Ft $63.22/SqFt

5643 Leisure S Dr $ 56,500 896 Sq Ft $63.06/SqFt

2864 32nd St SE $ 59,900 1100 Sq Ft $54.45/SqFt

3065 Poplar Creek $ 69,900 1100 SqFt $63.55/SqFt

3259 Piccadilly Cir $ 74,900 1680 Sq Ft $44.58/SqFt

4299 Walnut Hills#21 $ 79,900 1886 Sq Ft $53.77/SqFt

3362 Pine Meadow $ 85,000 1343 SqFt $63.29/SqFt

2514 Bridgeport Ln $ 90,000 1650 Sq Ft $54.55/SqFt

2862 Hearthstone Dr $109,000 1824 Sq Ft $59.76/SqFt

4121 S Norway SE $109,900 1830 SqFt $60.05/SqFt

*Some of these homes may be bank owned foreclosures and not

habitable as is or available for a mortgage in present condition.*

If you would like a list of top best buys in your area, please

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Top Home Buys ~ Kentwood Michigan ~ March 2009

Posted on March 13, 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.*

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 price/Sq Ft range from $30.35 to $57.41 in

Kentwood this month.

March 2009 BEST BUYS in Kentwood

The lowest list price is $34,400 and the highest list price is

$189,000

Top Kentwood Homes to Buy by Price per Square Foot:

44 Violet St SW $ 34,400 774 Sq Ft $44.44/SqFt

2277 76th St SE $35,900 1183 Sq Ft $30.35/SqFt

74 Hyacinth St SW $ 44,900 1013 Sq Ft $54.20/SqFt

6729 College Ave SE $ 44,000 1296 Sq Ft $33.95/SqFt

1132 60th St SE $ 50,000 986 Sq Ft $50.71/SqFt

6445 College SE $54,900 1008 Sq Ft $54.46/SqFt

97 Roth St SE $59,900 1100 Sq Ft $54.45/SqFt

2261 76th St SE $59,900 1620 Sq Ft $36.98/SqFt

1209 Langley St SE $73,000 1383 Sq Ft $52.78/SqFt

56 58th St SE $44,000 922 Sq Ft $47.72/SqFt

320 Nora St SE $59,900 1048 Sq Ft $57.16/SqFt

4850 Raymond SE $48,600 1000 Sq Ft $48.60/SqFt

217 Nora St SE $46,900 1200 Sq Ft $48.85/SqFt

5670 Jefferson Ave $49,600 962 Sq Ft $51.56/SqFt

136 Nancy St SE $ 59,000 1680 Sq Ft $35.12/SqFt

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

5693 Kalamazoo $ 52,000 1707 Sq Ft $30.46/SqFt

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

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

4759 Kimball Ave SE $108,500 2890 Sq Ft $57.41/SqFt

5818 Pinetree Ave $117,900 2200 Sq Ft $53.59/SqFt

4533 Middlebury Dr $189,900 3453 Sq Ft $55.00/SqFt

5713 Haughey Ave $ 40,900 768 Sq Ft $53.26/SqFt

5706 Averill Ave $77,400 1350 Sq Ft $57.33/SqFt

If you would like a list of top best buys in your area, please

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Kentwood, MI Absorption Rates – March 2009

Posted on March 12, 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.

The downward trend of the last few years in Kentwood home sales is still continuing this year. We are seeing a slight price erosion from last month’s figures.

The upper end homes in Kentwood aren’t seeing the kind of activity that the lower end homes are getting. They are priced too high for today’s timid buyers 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 brown shag carpeting, you will need to upgrade or lower your price if you want to see a sold sign.

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.

Home sales for Kentwood – $70,000 to $400,000 price range:

155 sold since September 2008.

Kentwood Absorption Rate for this price range is 9.16 months, at the current rate of sale (which means if no new listings come on the market, it will take 9.16 months to sell the listed homes).

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Photo of Kentwood High School by Bonnie Westbrook

Caledonia Michigan Real Estate Report ~ Crystal Springs Feb 2009

Posted on February 25, 2009 by Terry & Bonnie

Crystal Springs ~ Kentwood Absorption Report February 2009

Crystal Springs Development in Caledonia, Michigan is a large, residential

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

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.

February 2009 Real Estate

Residential Market Report

Crystal Springs Neighborhood

Active Listings: 25 Active Listings

Average Price: $255,554

Price per Sq Ft: $105.27 (Main Floor only)

Average days on the Market: 123

PENDING: 4 homes

SOLD: 24 Sold Homes

Average Price: $ 204,579

Average Price Per Sq Ft: $ 96.31 (Main floor only)

Average Days on the Market: 77

Expired: 36 Expired listings

Average Expired Price: $256,977

Average Price Per Sq Ft: $109.03 (Main floor only)

Average Days on the Market: 154

Absorption Rate for Crystal Springs Listings is 12.5 months for the

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

will take 12.5 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 in under 3 months.

Many sellers have retired from the market and will try again in

the spring. They might find a better buying market, but prices are

still on the downward trend. With lower interest rates, this may

spur the local economy and put more buyers into the game.

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia MI Sept 2008 Real Estate Market Report

Kentwood MI Real Estate Market Report Oct 2008

Caledonia MI Crystal Springs Market Report Oct 2008

Caledonia MI Crystal Springs Market Report Nov 2008

Caledonia MI Crystal Springs Market Report Dec 2008

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

Grand Rapids MI Real Estate ~ Westbrook Realty

photo of Kentwood High School by Bonnie Westbrook

Kentwood MI ~ Top Home Buys ~ February 2009

Posted on February 9, 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.*

Check back often or just subscribe to our blog to get

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

j0427594

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 $26.79 to $57.71 here.

February 2009 BEST BUYS in Kentwood

The lowest list price is $29,900 and the highest list price is

$182,635

Top Kentwood Homes to Buy by Price per Square Foot:

44 Violet St SW $ 34,400 774 Sq Ft $44.44/SqFt

114 Peony St SW $ 40,500 1489 Sq Ft $27.20/SqFt

74 Hyacinth St SW $ 54,900 1013 Sq Ft $54.20/SqFt

62 60th St SW $ 60,000 1352 Sq Ft $44.38/SqFt

6729 College Ave SE $ 44,000 1296 Sq Ft $33.95/SqFt

1132 60th St SE $ 56,900 986 Sq Ft $57.71/SqFt

97 Roth St SE $ 59,900 1100 Sq Ft $54.45/SqFt

2179 32nd St SE $ 49,900 1197 Sq Ft $41.69/SqFt

3671 Kalamazoo SE $139,900 2652 Sq Ft $52.75/SqFt

2844 32nd St SE $40,000 794 Sq Ft $50.38/SqFt

4850 Raymond SE $ 54,000 1000 Sq Ft $54.00/SqFt

1730 Rondo St SE $55,000 1180 Sq Ft $46.61/SqFt

5670 Jefferson Ave $55,800 962 Sq Ft $58.00/SqFt

136 Nancy St SE $ 59,000 1680 Sq Ft $35.12/SqFt

990 52nd St SE $ 59,900 1298 Sq Ft $46.15/SqFt

2705 Ridgemoor Dr $ 70,000 1505 Sq Ft $46.51/SqFt

2527 32nd St SE $ 94,900 2504 Sq Ft $54.10/SqFt

5693 Kalamazoo $ 93,600 1707 Sq Ft $54.83/SqFt

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

1049 Springwood Dr $110,000 2200 Sq Ft $50.00/SqFt

5818 Pinetree Ave $117,900 2200 Sq Ft $53.59/SqFt

4533 Middlebury Dr $182,635 3453 Sq Ft $52.89/SqFt

190 56th St SW $ 29,900 1116 Sq Ft $26.79/SqFt

5713 Haughey Ave $ 40,900 768 Sq Ft $53.26/SqFt

5706 Averill Ave $77,400 1350 Sq Ft $57.33/SqFt

If you would like a list of top best buys in your area, please

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Forest Hills MI ~ Top Home Buys ~ February 2009

Posted on February 9, 2009 by Terry & Bonnie

We have gathered a list of the Best Forest Hills Houses

to buy, based on price per square foot.

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.

Check back often or just subscribe to our blog to get

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

top best buys in forest hills mi homes for sale

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

The lowest price/Sq Ft for homes range from $54.68 to $74.16

here in Forest Hills.

The lowest list price is $59,900 and the highest list price is

$236,537 for February 2009 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

The Top Forest Hills Homes to Buy by Price per Square Foot:

976 Kenmoor Ave SE $ 93,000 1254 Sq Ft $74.16/SqFt

236 Ivanhoe Ave NE $101,108 2500 Sq Ft $65.83/SqFt

3310 Dean Lake NE $ 59,900 1039 SqFt $65.04/SqFt

378 Pettis Ave SE $ 79,900 1300 Sq Ft $61.46/SqFt

1417 Grand River Dr $ 89,900 1248 Sq Ft $72.04/SqFt

831 Honey Creek $159,900 2913 Sq Ft $54.89/SqFt

6224 Lincolnshire Ct $ 74,400 1712 Sq Ft $54.58/SqFt

5505 Whitneyville $109,900 1536 Sq Ft $71.55/SqFt

2205 Christine Ct SE $179,900 2600 Sq Ft $69.19/SqFt

3150 Hayward Dr $189,900 2574 Sq Ft $73.78/SqFt

6948 Maplecrest Dr $194,900 3200 Sq Ft $72.72/SqFt

3327 Hidden Hills Ave $199,900 3400 Sq Ft $68.93/SqFt

4714 Cutter Parkway $ 99,950 1828 Sq Ft $54.68/SqFt

3310 Midland Dr SE $209,900 4000 Sq Ft $59.46/SqFt

4271 Woodside Oaks Ct $236,537 3453 Sq Ft $68.50/SqFt

** = Top Best Buy per amount of Square Footage

If you would like a list of Top Best Buys in your area, please contact

us through email or on our web site:

Grand Rapids Ada Real Estate ~ Five Star Real Estate

Kentwood MI Absorption Report ~ Jan 2009

Posted on February 6, 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.

The downward trend of the last few years in Kentwood home sales

is still continuing this year. We are seeing a slight price erosion from

last month’s figures.

The upper end homes in Kentwood aren’t seeing the kind of activity

that the lower end homes are getting. They are priced too high for

today’s timid buyers 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 brown shag carpeting, you

will need to upgrade or lower your price.

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.

Home sales for Kentwood – $70,000 to $150,000 price range:

95 sold since September 2008.

Kentwood Absorption Rate for this price range is 7.68 months,

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

on the market, it will take 7.68 months to sell the listed homes).

146 Active Kentwood Listings $70K- $150K

Average Kentwood sold price: $112,522

Average Kentwood Sold Price per Sq Ft: $84.57

Average Kentwood List Price: $ 123,717

Average Kentwood List Price/SqFt: $ 98.58

Kentwood Home Sales – $150,000 to $400,000 Price Range

27 Sold Homes since September 1, 2008

Kentwood Absorption Rate for this price range is 17 months.

Average Kentwood Sold Price is $179,048

Average Kentwood Sold Price per Sq Ft is $89.38

Average Kentwood List Price: $ 187,977

Average Kentwood List Price/SqFt: $ 107.37

Kentwood MI Real Estate Market Report Dec 2008

Kentwood MI Real Estate Market Report Oct 2008

Kentwood MI Real Estate Market Report November 2007

Kentwood MI Real Estate Market Report January 2008

If you would like additional information about Kentwood or

Grand Rapids Homes, please contact me directly. These free

reports can be emailed to your inbox, contact me.

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Category Archives: Kentwood Michigan Real Estate

Real Estate Absorption Report Kentwood Michigan April 2009

Top Best Buys ~ Kentwood Michigan Condos ~ April 2009

Top Best Home Buys ~ Kentwood Michigan ~ April 2009

Top Best Buys in Kentwood Michigan Condos ~ March 2009

Top Home Buys ~ Kentwood Michigan ~ March 2009

Kentwood, MI Absorption Rates – March 2009

Caledonia Michigan Real Estate Report ~ Crystal Springs Feb 2009

Crystal Springs ~ Kentwood Absorption Report February 2009

Kentwood MI ~ Top Home Buys ~ February 2009

Forest Hills MI ~ Top Home Buys ~ February 2009

Kentwood MI Absorption Report ~ Jan 2009