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.
SEARCH for Kentwood Michigan Homes
More Kentwood Michigan Articles:
SEARCH for Bank Owned – Short Sale Kentwood Homes
Kentwood Michigan Real Estate Market Reports
Real Estate is always hyper-local. If you have questions about
any Kentwood home, please contact Terry.
Copyright 2013 All rights reserved
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 
616-292-7263