Kentwood Michigan Real Estate Market Report Sept 2011
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 home sales have recouped some of their value this year.
We are still seeing some home price reduction on homes in poor/dated
condition. Good news for buyers, Kentwood has affordable housing at the
lowest interest rates in recent history. The Absorption Rate is 4 months
which puts Kentwood in the high normal for the Grand Rapids area home sales.
July 1 to Sept 30, 2011 Kentwood STATS:
338 Active Listings for sale
72 Pending Home Sales
182 Sold Homes
$105,479 Average Sold Price
95.86% of List Price
Absorption Rate: 4 months
SEARCH for Kentwood Michigan Homes
SEARCH for Bank Owned – Short Sale Kentwood Homes
More Kentwood Michigan Articles:
Kentwood Michigan Real Estate Market Reports
Real Estate is always hyper-local. If you have questions about
a specific Kentwood home, please contact me.
Copyright 2011 All rights reserved
Photo of Kentwood Public Library by Bonnie Westbrook
____________________________________________________________________________
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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263